In a report released today, Jason Seidl from Cowen & Co. maintained a Hold rating on Knight Transportation (KNX), with a price target of $36.00. The company’s shares closed last Monday at $37.65, close to its 52-week high of $39.50.
According to TipRanks.com, Seidl is a 5-star analyst with an average return of 14.5% and a 69.1% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Echo Global Logistics.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Knight Transportation with a $42.83 average price target.
See today’s analyst top recommended stocks >>
Based on Knight Transportation’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $67.44 million. In comparison, last year the company had a net profit of $152 million.
Based on the recent corporate insider activity of 54 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. engages as a truckload carrier and provides transportation solutions. It operates through the following business segments: Trucking, Logistics, and Intermodal. The Trucking segment offers dry van, refrigerated and drayage services.
