Knight-Swift Transportation (NYSE:KNX – Get Free Report) posted its quarterly earnings data on Wednesday. The transportation company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.03), Briefing.com reports. The firm had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.83 billion. Knight-Swift Transportation had a net margin of 1.50% and a return on equity of 2.54%. Knight-Swift Transportation’s quarterly revenue was up 18.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.49 EPS.
Knight-Swift Transportation Stock Performance
Shares of NYSE KNX traded up $3.05 during trading hours on Thursday, reaching $52.03. The stock had a trading volume of 6,392,298 shares, compared to its average volume of 2,125,525. The firm has a market cap of $8.41 billion, a price-to-earnings ratio of 77.66, a PEG ratio of 1.32 and a beta of 0.94. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.25. Knight-Swift Transportation has a fifty-two week low of $45.55 and a fifty-two week high of $60.99. The firm has a 50-day moving average of $48.70 and a 200-day moving average of $52.16.
Knight-Swift Transportation Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 24th. Stockholders of record on Monday, June 10th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Monday, June 10th. This represents a $0.64 annualized dividend and a dividend yield of 1.23%. Knight-Swift Transportation’s dividend payout ratio is currently 95.52%.
Analyst Upgrades and Downgrades
About Knight-Swift Transportation
Knight-Swift Transportation Holdings Inc, together with its subsidiaries, provides freight transportation services in the United States and Mexico. The company operates through four segments: Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The Truckload segment provides transportation services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations.
Further Reading
- Five stocks we like better than Knight-Swift Transportation
- How to Use the MarketBeat Stock Screener
- Viking Therapeutics: Pharma Stock Soars on Positive Earnings
- What Are the U.K. Market Holidays? How to Invest and Trade
- Top 3 Small Cap Stocks Emerging as Rotation Winners
- How to Invest in Small Cap StocksĀ
- Bargain Alert: 3 Stocks Worth Watching While The Market Cools
Receive News & Ratings for Knight-Swift Transportation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Knight-Swift Transportation and related companies with MarketBeat.com's FREE daily email newsletter.