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:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Knight-Swift Transportation Holdings Inc. To summarize, we found that Knight-Swift Transportation Holdings Inc ranked in the 12th 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. The most interesting components of our discounted cash flow analysis for Knight-Swift Transportation Holdings Inc ended up being:
Its compound free cash flow growth rate, as measured over the past 5.75 years, is -0.11% -- higher than just 16.74% of stocks in our DCF forecasting set.
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 35.01% of tickers in our DCF set.
Relative to other stocks in its sector (Industrials), Knight-Swift Transportation Holdings Inc has a reliance on debt greater than only 22.8% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Knight-Swift Transportation Holdings Inc? See BWXT, CFX, FLOW, JCI, and UUU.
Baird says it's making Knight-Swift Transportation ([[KNX]] +3.9%) a Bullish Fresh Pick again.The firm expects Q2 EPS to trend better than initial expectations given solid June truckload industry trends.The long-term view is also favorable. "We also continue to like quality asset-based truckload carriers during US recessionary periods and believe bottoming fundamentals...
In a report to clients, Deutsche Bank (NYSE: DB) analyst Amit Mehrotra views the outlook for transportation equities as "favorable" heading into the second quarter earnings season.He said transportation demand bottomed in late April with a slow but steady recovery since. Citing recent conversations with management teams at a dozen transportation companies and a sequentially improving demand backdrop, Mehrotra initiated favorable "catalyst calls" on Werner Enterprises (NASDAQ: WERN), XPO Logistics (NYSE: XPO) and United Parcel Service (NYSE: UPS).The firm uses catalyst calls when an analyst has a high-conviction belief a stock will outperform or underperform the market over a time period of at least two weeks and not greater than three months.Trucking calls The cataly...
Since I wrote my cautious piece on Knight-Swift Transportation Holdings Inc. (KNX) the shares are up about 14.6% as compared to a 2.5% gain for the S&P 500. Since then, very much has happened, obviously so I thought I’d look in on the name again. I offered the opinion that...
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]