Knight Transportation (KNX) Receives a Buy from Stephens


In a report released today, Brad Delco from Stephens reiterated a Buy rating on Knight Transportation (KNX), with a price target of $43. The company’s shares closed on Friday at $33.60.

According to TipRanks.com, Delco is a 4-star analyst with an average return of 5.7% and a 59.1% success rate. Delco covers the Services sector, focusing on stocks such as Covenant Transportation Group, Schneider National Inc, and Werner Enterprises.

Knight Transportation has an analyst consensus of Moderate Buy, with a price target consensus of $41.83.

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Knight Transportation’s market cap is currently $5.9B and has a P/E ratio of 14.26. The company has a Price to Book ratio of 1.09.

Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Knight-Swift Transportation Holdings, Inc. is truckload carrier and also provides transportation solutions. The company operates through six segments: Knight Trucking, Knight Logistics, Swift Truckload, Swift Dedicated, Swift Refrigerated and Swift Intermodal. The Knight Trucking segment offers dry van, refrigerated and drayage services.

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