Knight Transportation Stock Analysis

Knight Stock Analysis Notes

About 91.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.16. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Knight Transportation has Price/Earnings To Growth (PEG) ratio of 0.78. The entity last dividend was issued on the 7th of March 2024. The firm had 3:2 split on the 27th of December 2005. Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation services in the United States, Mexico, and Canada. Knight-Swift Transportation Holdings Inc. was incorporated in 1989 and is headquartered in Phoenix, Arizona. Knight-Swift Transporation operates under Trucking classification in the United States and is traded on New York Stock Exchange. It employs 27400 people. To find out more about Knight Transportation contact David Jackson at 602 269 2000 or learn more at https://knight-swift.com.

Knight Transportation Investment Alerts

Knight Transportation Upcoming and Recent Events

Knight Largest EPS Surprises

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Knight Transportation Thematic Classifications

Knight Stock Institutional Investors

Note, although Knight Transportation's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Knight Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 7.71 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Knight Transportation's market, we take the total number of its shares issued and multiply it by Knight Transportation's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Knight Profitablity

The company has Net Profit Margin of 0.03 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average.

Management Efficiency

Knight Transportation has Return on Asset of 0.0149 % which means that on every $100 spent on assets, it made $0.0149 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0307 %, implying that it generated $0.0307 on every 100 dollars invested. Knight Transportation's management efficiency ratios could be used to measure how well Knight Transportation manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.03 in 2024. Return On Capital Employed is likely to drop to 0.03 in 2024. At this time, Knight Transportation's Asset Turnover is fairly stable compared to the past year.

Technical Drivers

As of the 20th of April, Knight Transportation secures the Mean Deviation of 1.23, risk adjusted performance of (0.05), and Standard Deviation of 1.62. Knight Transportation technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Knight Transportation, which can be compared to its peers in the industry. Please verify Knight Transportation standard deviation and potential upside to decide if Knight Transportation is priced some-what accurately, providing market reflects its recent price of 48.14 per share. Given that Knight Transportation has information ratio of (0.14), we recommend you to check Knight Transportation's last-minute market performance to make sure the company can sustain itself at a future point.

Knight Transportation Price Movement Analysis

Knight Transportation Insider Trading Activities

Knight Transportation Predictive Daily Indicators

Knight Transportation Corporate Filings

Knight Transportation Forecast Models

Knight Transportation's time-series forecasting models are one of many Knight Transportation's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Knight Transportation's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Knight Transportation prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Knight shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Knight Transportation. By using and applying Knight Stock analysis, traders can create a robust methodology for identifying Knight entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Knight analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Knight analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Knight Transportation stock analysis indicators help investors evaluate how Knight Transportation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Knight Transportation shares will generate the highest return on investment. By understating and applying Knight Transportation stock analysis, traders can identify Knight Transportation position entry and exit signals to maximize returns.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Knight Transportation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Knight Stock please use our How to Invest in Knight Transportation guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

When running Knight Transportation's price analysis, check to measure Knight Transportation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Knight Transportation is operating at the current time. Most of Knight Transportation's value examination focuses on studying past and present price action to predict the probability of Knight Transportation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Knight Transportation's price. Additionally, you may evaluate how the addition of Knight Transportation to your portfolios can decrease your overall portfolio volatility.

Is Knight Transportation's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Knight Transportation. If investors know Knight will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Knight Transportation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Knight Transportation is measured differently than its book value, which is the value of Knight that is recorded on the company's balance sheet. Investors also form their own opinion of Knight Transportation's value that differs from its market value or its book value, called intrinsic value, which is Knight Transportation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Knight Transportation's market value can be influenced by many factors that don't directly affect Knight Transportation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Knight Transportation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Knight Transportation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Knight Transportation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.