Knight-Swift Transportation Holdings Inc (KNX) Stock AnalysisKNXKnight-Swift Transportation Holdings Inc

Knight-Swift Transportation Holdings Inc. is a diversified freight transportation company. The Company is engaged in providing multiple truckload transportation and logistics services as well as less-than-truckload (LTL) services. It uses a nationwide network of business units and terminals in the United States and Mexico to serve customers throughout North America. The Truckload segment consists of an irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations. The LTL segment operates approximately 4,200 tractors and 11,100 trailers and includes national coverage to customers by utilizing partner carriers for areas outside of its direct network. Logistics and Intermodal segments provide a multitude of shipping solutions, including additional sources of truckload capacity and alternative transportation modes, by utilizing its network of third-party capacity providers and rail providers, as well as certain logistics and freight management services. It operates in the Industrials sector (TRUCKING (NO LOCAL) industry).

Knight-Swift Transportation Holdings Inc is currently trading at $64.81, which is below the recent analyst price targets ranging from $81 to $90. The stock has shown a year-to-date change of +24.09%, indicating strong performance over the year, but recent insider selling has increased by 259.65%, which raises concerns about future performance. Given the mixed analyst ratings and the recent decline below the 200-day moving average, it may be prudent to hold rather than buy at this time.

16 analysts cover KNX: 9 rate it Buy, 6 Hold and 1 Sell. The average price target is 58.23.