Many Knight Transportation, Inc.(KNX) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Upgraded by Stifel on Feb 10, 2017 to Hold, Raises Price Target to $ 29 from a previous price target of $28 .Company shares were Reiterated by Cowen on Jan 26, 2017 to Market Perform, Raises Price Target to $ 29 from a previous price target of $25 .Knight Transportation was Reiterated by Stifel on Jan 26, 2017 to Sell, Lowers Price Target to $ 28 from a previous price target of $30 .Knight Transportation was Downgraded by Stifel to Hold on Dec 16, 2016.
Company has reported several Insider transactions to the SEC, on Aug 31, 2016, Gary J Knight (Vice Chairman) sold 300,000 shares at 28.38 per share price.On Aug 9, 2016, Wayne Yu (VP of Accounting & Finance) sold 3,200 shares at 29.59 per share price.On Aug 5, 2016, Kevin P Knight (Executive Chairman) sold 500,000 shares at 28.96 per share price.
Knight Transportation Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.29 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.31. The company had revenue of $289.10 million for the quarter, compared to analysts expectations of $285.32 million. The companys revenue was down -.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.36 EPS.
Knight Transportation, Inc. (NYSE:KNX) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 3.04 by 13 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 9 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell.
Knight Transportation, Inc. (NYSE:KNX): The mean short term price target for Knight Transportation, Inc. (NYSE:KNX) has been established at $30.23 per share. The higher price target estimate is at $42 and the lower price target estimate is expected at $21 according to 13 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $5.39
Knight Transportation, Inc. (NYSE:KNX) witnessed a decline in the market cap on Tuesday as its shares dropped 3.82% or 1.3 points. After the session commenced at $33.8, the stock reached the higher end at $33.9 while it hit a low of $32.4. With the volume soaring to 1,697,067 shares, the last trade was called at $32.7. The company has a 52-week high of $38.8. The company has a market cap of $2,617 million and there are 80,034,666 shares in outstanding. The 52-week low of the share price is $23.77.
KNIGHT TRANSPORTATION INC. is a short to medium-haul, dry van truckload carrier operating in the western region of the United States. Co. transports general commodities, including consumer goods, packaged foodstuffs, paper products, beverage containers and imported and exported commodities.