Home Sectors Industrials Stock Highlights: Knight-Swift Transportation (NYSE: KNX)

Stock Highlights: Knight-Swift Transportation (NYSE: KNX)

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Knight-Swift Transportation trades as part of the industrials sector and transportation and logistics industry. The company CEO is David A. Jackson. Knight-Swift Transportation Inc through its subsidiaries, operates the largest truckload fleet in North America as well as extensive rail intermodal and non-asset based freight brokerage and logistics management services.

Previous Intraday Trading Performance:

The KNX stock showed a previous change of 4.57% with an open at 27.80 and a close of 28.63. It reached an intraday high of 28.64 and a low of 27.68.

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Liquidity:

The stock has a market cap of $5.0b with 174.5m shares outstanding, of which the float is 168.7m shares. Trading volume reached 2,525,099 shares compared to its average volume of 2,574,363 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Knight-Swift Transportation shares returned 10.80% and in the past 30 trading days it returned -12.16%. Over three months, it changed -10.82%. In one year it has changed -36.14% and within that year its 52-week high was 51.94 and its 52-week low was 23.27. KNX stock is 23.03% above its 52 Week Low.

Our calculations show a 200 day moving average of 35.94 and a 50 day moving average of 30.34. Currently KNX stock is trading -20.33% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

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Earnings:

The last annual fiscal EPS for the company was reported at 4.37 that ended on 31st of December 2017, which according to the previous close, that is a PE of 6.55. Based on 9 analyst estimates, the consensus EPS for the next quarter is 0.72. The TTM EPS is 2.17, which comes to a TTM PE of 13.19. Historically, the PE high was 39.90 and the PE low was 6.55. If the stock reached its PE low, that would represent a price of 14.22, which is a decrease of -50.33%.

The following are the last four quarter reported earnings per share:
09-30-2018:  0.65
06-30-2018:  0.56
03-31-2018:  0.44
12-31-2017:  0.52

The dividend per share is currently 0.24, which is a dividend yield of 0.84%. Also, the payout ratio is 11.06%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 36.12, which means it is possibly undervalued and has a margin of safety of 20.74%

Indicators to Watch:

Based on the latest filings, there is 132.20% of institutional ownership. Short-interest is 23,732,993, which is 13.60% of shares outstanding. The short-interest ratio or days-to-cover ratio is 10.22. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 1.84

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 14.10%, return on assets is 9.29%, profit margin is 6.80%, price-to-sales is 0.90 and price-to-book is 0.81.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 3  :Past Performance Score
 4  :Financial Strength Score
 1  :Future Growth Score
 1  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.