Short Term Rating on Swift Transportation Company (SWFT)

Swift Transportation Company (SWFT) : The consensus on Swift Transportation Company (SWFT) based on 17 analyst recommendation on the company stock is 1.74, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 11 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Swift Transportation Company (SWFT) has been rated by 15 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $27 and the lowest price target forecast is $13. The average forecast of all the analysts is $20.63 and the expected standard deviation is $4.53.

For the current week, the company shares have a recommendation consensus of Buy.


Swift Transportation Company (NYSE:SWFT): The stock opened at $16.27 on Tuesday but the bulls could not build on the opening and the stock topped out at $16.99 for the day. The stock traded down to $16.27 during the day, due to lack of any buying support eventually closed down at $16.69 with a loss of -0.95% for the day. The stock had closed at $16.85 on the previous day. The total traded volume was 2,246,776 shares.

Swift Transportation Company (Swift Transportation Co.) is a multi-faceted transportation services company, operating the fleet of truckload equipment in North America from over 40 terminals near key freight centers and traffic lanes. The Company operates in four segments: Truckload, which consists of one way movements over irregular routes throughout the United States Mexico and Canada; Dedicated, through which, the Company devotes use of equipment to specific customers and offers tailored solutions under long-term contracts; Central Refrigerated, which represents the core operations of Central and primarily consists of shipments for customers that require temperature-controlled trailers, and Intermodal segment, which includes revenue generated by moving freight over the rail in the Companys containers and other trailing equipment, combined with revenue for drayage to transport loads between the railheads and customer locations.

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