Analysts Estimated Price Target Suggestion: Swift Transportation Company's (SWFT)

Knight Transportation truck

Aperio Group LLC raised its stake in shares of Knight Transportation by 1.6% in the third quarter. Stifel Nicolaus upgraded Knight Transportation from a sell rating to a hold rating and upped their price target for the company from $28.00 to $29.00 in a research report on Friday, February 10th.

In the liquidity ratio analysis; quick ratio for most recent quarter was 1.60 while current ratio for time period was 1.60. New York State Teachers Retirement System raised its position in shares of Swift Transportation by 3.1% in the fourth quarter.

Swift Transportation Company (SWFT) is now showing its ROA (Return on Assets) of 5.4%. Jpmorgan Chase And owns 0.02% invested in Knight Transportation (NYSE:KNX) for 2.94M shares.

Knight Transportation has 80,323,000 shares in issue which have a share price of 31.73 giving Knight Transportation a market capitalisation of 2.55B Dollars. Bank of Montreal Can boosted its position in Knight Transportation by 91.5% in the first quarter. The stock traded with the volume of 3.24 Million shares in the last trading session. Boston Advisors LLC now owns 303,290 shares of the transportation company's stock worth $6,512,000 after buying an additional 29,395 shares during the period.

Swift Transportation Co (NYSE:SWFT) opened at 23.41 on Thursday.

Stock is now moving with a positive distance from the 200 day simple moving average of approximately 6.99%, and has a poor year to date (YTD) performance of -5.71% which means the stock is constantly subtracting to its value from the previous fiscal year end price.

TXT was trading -7.01% below its 52-week high and 39.42% above its 52-week low.

RBC Capital Markets maintained Knight Transportation (NYSE:KNX) on Thursday, April 21 with "Sector Perform" rating. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.04 billion. Its last 5-Year EPS growth stands at 9.40% with earnings growth of -20.60% yoy. The firm's revenue was down 4.7% compared to the same quarter previous year.

For this year, Swift Transportation Company (NYSE:SWFT) is performing -6.32%. Arizona-based Tci Wealth Advsr Inc has invested 0.01% in Knight Transportation (NYSE:KNX). If you are reading this article on another site, it was illegally stolen and republished in violation of worldwide copyright & trademark law. The legal version of this piece can be viewed at https://transcriptdaily.com/2017/04/19/knight-transportation-knx-now-covered-by-vertical-group.html.

Currently, the market capitalization of Swift Transportation Company (SWFT) is 3.06 Billion. While looking the figure depicted by the Price to Earning we can suggest that the shares of Knight Transportation Inc. Wells Fargo & Co downgraded shares of Swift Transportation from an outperform rating to a market perform rating in a report on Wednesday, December 21st. They noted that the move was a valuation call.

Analysts expect Knight Transportation (NYSE:KNX) to report $0.26 EPS on April, 19.They anticipate $0.02 EPS change or 7.14% from last quarter's $0.28 EPS. This rating was issued on 4/11/17.

Baird upgraded its broker consensus on shares of Knight Transportation (NYSE:KNX) giving the company a "Outperform" rating.

Swift Transportation Company (SWFT) belongs to the "Services" sector with an industry focus on "Trucking", with Mr. Richard Stocking as Chief Exec. Officer and Pres. The stock now has a consensus rating of "Hold" and an average target price of $25.66.

In other Swift Transportation news, Director Strategic Value Partners, Llc bought 805,000 shares of the business's stock in a transaction on Sunday, January 22nd. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Swift Transportation Company is a multi-faceted transportation services company. As of December 31, 2016, the Company operated fleets of truckload equipment in North America from over 40 terminals near key freight centers and traffic lanes.

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