Knight-Swift Transportation Holdings Inc. (KNX) Company Bio
Knight Transportation is a provider of multiple truckload transportation services using a nationwide network of service centers in the U.S. to serve customers throughout North America. The company was founded in 1989 and is based in Phoenix, Arizona.
KNX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Knight-Swift Transportation Holdings Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Knight-Swift Transportation Holdings Inc ranked in the 49th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for KNX, they are:
KNX's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 30.29% of tickers in our DCF set.
Knight-Swift Transportation Holdings Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 23.42. This coverage rate is greater than that of 88.16% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Knight-Swift Transportation Holdings Inc experienced a tax rate of about 21% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than 82.78% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as KNX, try CVA, ROAD, HUBB, HURN, and NSP.
PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) expects to release its 2020 fourth quarter earnings on Wednesday, January 27, 2021 prior to the market open by filing a Form 8-K with the SEC. The earnings release will be available on the Company’s website http://investor.knight-swift.com/events and the Form 8-K will be available on the SEC website http://www.sec.gov. The Company assumes no responsibility to update any information posted on its website. The earning