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

Stock Under Review: Knight-Swift Transportation (NYSE: KNX)

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Knight-Swift Transportation trades as part of the transportation and logistics industry and is part of the industrials sector. 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 5.63% with an open at 28.62 and a close of 29.67. It reached an intraday high of 29.71 and a low of 28.60.

Business Wire:  Knight-Swift Transportation Holdings Inc. Announces Participation in Upcoming Conference

Liquidity:

The stock has a market cap of $5.1b with 173.1m shares outstanding, of which the float is 167.3m shares. Trading volume reached 2,052,193 shares compared to its average volume of 2,080,109 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 1.83% and in the past 30 trading days it returned -15.05%. Over three months, it changed -11.69%. In one year it has changed -24.15% and within that year its 52-week high was 43.35 and its 52-week low was 23.27. KNX stock is 27.50% above its 52 Week Low.

Our calculations show a 200 day moving average of 31.99 and a 50 day moving average of 32.09. Currently KNX stock is trading -7.26% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire:  Knight-Swift Transportation Holdings Inc. Announces Participation in Upcoming Conference

Earnings:

The last annual fiscal EPS for the company was reported at 2.36 that ended on 31st of December 2018, which according to the previous close, that is a PE of 12.57. Based on 8 analyst estimates, the consensus EPS for the next quarter is 0.53. The TTM EPS is 2.58, which comes to a TTM PE of 11.50. Historically, the PE high was 39.90 and the PE low was 5.30. If the stock reached its PE low, that would represent a price of 13.67, which is a decrease of -53.91%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/24/2019): 0.51
4thQtr of 2018 (Reported on 01/29/2019): 0.86
3rdQtr of 2018 (Reported on 10/24/2018): 0.60
2ndQtr of 2018 (Reported on 07/25/2018): 0.51
1stQtr of 2018 (Reported on 04/25/2018): 0.39

The dividend per share is currently 0.24, which is a dividend yield of 0.81%. Also, the payout ratio is 9.30%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 22.17, which means it may be overvalued by -33.81%.

Indicators to Watch:

Short-interest was 29,130,482, which was 16.83% of shares outstanding. The short-interest ratio or days-to-cover ratio was 15.10. 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 1.95.

SeekingAlpha:  PRA Health Sciences, Inc. (PRAH) CEO Colin Shannon on Q1 2019 Results – Earnings Call Transcript

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 8.42%, return on assets is 5.80%, profit margin is 8.36%, price-to-sales is 0.92 and price-to-book is 0.88.

Company Scores:

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

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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.