Cowen & Co. analyst Jason Seidl maintained a Hold rating on Knight Transportation (KNX) today and set a price target of $32. The company’s shares opened today at $34.97.
According to TipRanks.com, Seidl is a top 100 analyst with an average return of 15.0% and a 71.6% success rate. Seidl covers the Utilities sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Echo Global Logistics.
Currently, the analyst consensus on Knight Transportation is a Strong Buy with an average price target of $40.33.
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Based on Knight Transportation’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $87.94 million. In comparison, last year the company had a net profit of $91.32 million.
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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.
