How to Buy Knight Swift Transportation Holdings Stock
Knight Swift Transportation Holdings Inc
Knight Swift Transportation Holdings is a trucking company located in Arizona, United States, which is part of the Industrials sector, and is traded under the ticker KNX on the NYSE exchange.
Knight Swift Transportation Holdings stock last closed at $47.14, down 2.82% from the previous day, and has decreased 14.29% in one year. It has underperformed other stocks in the Trucking industry by 0.56 percentage points. Knight Swift Transportation Holdings stock is currently +3.08% from its 52-week low of $45.73, and -22.71% from its 52-week high of $60.99.
As of Apr 25, 2024, there are 161.49M shares of KNX outstanding. The market capitalization of KNX is $7.61B. In the past 24 hours, 3.42M KNX shares were traded.
How to Buy Knight Swift Transportation Holdings Stock
Not sure how to invest in Knight Swift Transportation Holdings stock? Here's how.
- Decide where to buy Knight Swift Transportation Holdings stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Knight Swift Transportation Holdings stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your method of payment and add your information.
- Evaluate Knight Swift Transportation Holdings stock: The Knight Swift Transportation Holdings ticker symbol is KNX. Is Knight Swift Transportation Holdings stock a good investment? Should you buy shares of KNX? How do KNX's underlying business fundamentals look? Do top analysts think Knight Swift Transportation Holdings is a good buy? Why has KNX's stock price moved recently? (Hint: Our stock analysis website can help you decide if KNX is a good stock to buy).
- Execute your KNX purchase: Decide if you will purchase KNX shares at the current market price or use a limit order to purchase KNX stock at a specific price.
- Get updates on your KNX investment: Create a watchlist to the latest updates on your position in Knight Swift Transportation Holdings stock.
Step 1: Decide where to buy Knight Swift Transportation Holdings stock
You will need an online brokerage account in order to access the NYSE market and buy KNX shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal details so you are able to invest in KNX today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new trading account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on a good stock buying app, you can securely and quickly fund your account:
Check out the walkthrough below for more details transferring funds into your new investment account.
Step 4: Evaluate Knight Swift Transportation Holdings stock
Once you have figured out the best place to buy Knight Swift Transportation Holdings stock, it's crucial to analyze their stock prior to buying, so you actually comprehend the risk and upside.
Knight Swift Transportation Holdings stock data
Knight Swift Transportation Holdings Overview
WallStreetZen was built to help average investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on KNX's stock page.
How is KNX stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge KNX's true value.
Using relative valuations methods:
- KNX could be undervalued based on its P/E ratio of 34.92x, relative to Trucking industry P/E ratio of 50.97x
- KNX could be undervalued based on its P/B ratio of 1.07x, relative to Trucking industry P/B ratio of 4.02x
- KNX could be undervalued based on its PEG ratio of 0.24x
You can do more valuation research on KNX's stock here.
KNX Financial Health Overview
Passed Financial Due Diligence Checks:
- KNX's operating cash flow of $1.16B allows it to safely service it's debt of $3.20B.
Failed Financial Due Diligence Checks:
- KNX profit margin has gone down from 10.4% to 3% in the past year.
- KNX has a relatively high debt to equity ratio of 0.81.
- Total KNX debt is higher than 5 years ago, relative to shareholder equity.
- There are more short-term liabilities than short-term assets on the KNX balance sheet.
- KNX earnings of $399.02M is not sufficient to cover its interest payments.
- There are more long-term liabilities than short-term assets on the KNX balance sheet.
Is Knight Swift Transportation Holdings stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 10 sell side analysts who research KNX, the consensus analyst rating on Knight Swift Transportation Holdings is a Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
Latest KNX Analyst Upgrades/Downgrades
Brandon Oglenski, a top 14% analyst from Barclays maintains KNX with a strong buy rating and lowers their KNX price target from $62.00 to $57.00, on Apr 18, 2024.
Bascome Majors, a top 25% analyst from Susquehanna maintains KNX with a hold rating and lowers their KNX price target from $59.00 to $50.00, on Apr 18, 2024.
Rick Paterson, a bottom 8% analyst from Loop Capital downgrades KNX to a hold rating and lowers their KNX price target from $63.00 to $53.00, on Apr 18, 2024.
Ken Hoexter, a top 12% analyst from Bank of America maintains KNX with a strong buy rating and lowers their KNX price target from $58.00 to $54.00, on Apr 18, 2024.
Brian Ossenbeck, a top 11% analyst from JP Morgan maintains KNX with a hold rating and lowers their KNX price target from $62.00 to $60.00, on Apr 9, 2024.
You can dive deeper into what analysts are forecasting on the Knight Swift Transportation Holdings stock forecast page.
KNX Technicals
KNX Earnings
Last year, KNX earnings were $217.15M. In the last 5 year, KNX's earnings have gone up by -10.65% per year. This was slower than the Trucking industry average of 8.88%.
Last year, KNX revenue was $7.14B. In the last five year, KNX's revenue has increased by 5.97% per year. This was faster than the Trucking industry average of 5.85%.
Dig into KNX's earnings and revenue performance here.
Latest Insiders Trades at KNX
Over the past 12 months, executives and large shareholders at KNX have sold more shares than they have bought.
Todd F. Carlson, General Counsel and Secretary of KNX, was the latest KNX insider to sell. They sold $138,285.80 worth of KNX shares on Mar 13, 2024.
Learn more about who owns KNX shares here.
Does KNX stock generate passive income?
Knight Swift Transportation Holdings pays a dividend of 1.23%, compared to the Trucking industry's average dividend yield of 1.04%. If you owned $1,000 of KNX stock, you would have been paid $12.30 last year.
Knight Swift Transportation Holdings dividend payments have consistently grown over the past 7 years and have remained stable.
Find more analysis about Knight Swift Transportation Holdings dividend yield and history here.
What do other investors have to say about KNX?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your KNX purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact price, place a limit order.
Press the Open Trade button and your broker will place your order.
If you want additional help buying stocks on eToro, watch the how to video below:
Step 6: Get updates on your KNX investment
Now that you own some KNX shares, you'll want to stay up-to-date on your stock purchase.
Make a watchlist to get the latest updates about your KNX stock.
KNX Feed
How to Buy Stock in Knight Swift Transportation Holdings
To reiterate, here are the 6 steps to buy Knight Swift Transportation Holdings stock:
- Decide where to buy Knight Swift Transportation Holdings stock
- Sign up for a brokerage account
- Fund your brokerage account
- Evaluate Knight Swift Transportation Holdings stock
- Execute your KNX purchase
- Get updates on your KNX investment
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Knight Swift Transportation Holdings, add KNX to your watchlist by clicking the button below.
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