|Bid||0.00 x 1300|
|Ask||0.00 x 2900|
|Day's Range||40.25 - 41.85|
|52 Week Range||34.60 - 51.94|
|PE Ratio (TTM)||10.24|
|Earnings Date||Jul 23, 2018 - Jul 27, 2018|
|Forward Dividend & Yield||0.24 (0.57%)|
|1y Target Est||53.72|
Featured today on WallStEquities.com are the following Trucking companies: Werner Enterprises Inc. (NASDAQ: WERN), YRC Worldwide Inc. (NASDAQ: YRCW), J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), and Knight-Swift Transportation Holdings Inc. (NYSE: KNX). According to a First Research report released last May 2018, large and wealthy nations, such as the US, Japan, and Germany, are top markets for trucking, but growth in emerging markets has prompted some companies to expand overseas.
In the previous section of this series, we took stock of Wall Street’s estimates of major US road transport (XTN) companies. In this final part of the series, we’ll look at the recommendations of analysts polled by Thomson Reuters on these road transportation giants.
With the Tax Cuts and Jobs Act in force, the mood in the US transportation sector (IYT) is optimistic. The major transporters hailed the “tax deduction of capital expenditure in the year incurred” decision as a positive impetus for the industry.
Trucking is a cyclical industry. Normally, the business and financial performances are better in the third and fourth quarters of a year compared with the first two quarters. This is a capital-intensive industry, as these companies are required to maintain and grow their fleet levels.
Previously in this series, we looked at our truck carriers’ (IYJ) first-quarter earnings and changes in earnings. In this part, we’ll dive into their leverage levels and financial ability to service the leverages.
In this case, collapsing oil is spurring a whole cohort. Soon, I anticipate some of the stock intelligentsia to craft a theory that lower oil coupled with Italian-led European turmoil are symptoms of a nearby recession.
The state of the trucking industry offers insight into the state of the economy. Trucks haul more than 70% of the total freight measured in tonnage in the United States. Although 2017 started on a normal note, the year ended with tightened capacity and higher freight rates. The spot market rates have moved well recently compared to the contract rates, which offers a good scope to freight brokerage companies. The e-commerce boom has done well for the less-than-truckload carriers. Freight rates have spiked at a faster pace compared to the full truckload rates.
Knight-Swift Transportation Holdings Inc (NYSE: KNX ) is down 18 percent over the last two months, and Stifel Nicolaus sees a buying opportunity. The Rating Analysts David Ross and Austin Remey upgraded ...
Knight-Swift Transportation Holdings Inc. announced today that David Jackson, President and Chief Executive Officer, and Adam Miller, Chief Financial Officer, are sched
LONDON, UK / ACCESSWIRE / May 15, 2018 / If you want access to our free earnings report on Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=KNX. The Company surpassed analysts' estimates for earnings but missed revenue forecasts for Q1 FY18.
Knight-Swift Transportation Holdings Inc. (KNX) announced today that its Board of Directors has declared the company’s quarterly cash dividend of $0.06 per share of common stock. This quarterly dividend is pursuant to a cash dividend policy approved by the Board of Directors. The actual declaration of future cash dividends, and the establishment of record and payment dates, is subject to final determination by the Board of Directors each quarter after its review of the company’s financial performance.
NEW YORK, May 09, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Allegheny ...
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on February 2. Please send all inquiries related to the report to email@example.com.
Industrial stocks were poised for a rally today after solid earnings reports from United Parcel Service Inc. and Raytheon Co., and a reversal of the defense and aerospace selloff that puzzled investors ...
Knight-Swift Transportation Holdings Inc. (NYSE: KNX) showed gains in revenue and income during the first quarter 2018, beating projections by analysts on income, but missing on revenue by $30 million.
Knight-Swift Transportation Holdings Inc. , North America’s largest truckload transportation company, has issued its earnings release for the first quarter ended March 31, 2018.
NEW YORK, NY / ACCESSWIRE / April 25, 2018 / Knight-Swift Transportation Holdings Inc. Class A (NYSE: KNX ) will be discussing their earnings results in their Q1 Earnings Call to be held on April 25, 2018 ...
Many U.S. stocks cheapened up during the first quarter's choppy trading scene, relieving some concern investors had about lofty valuations. Railroad and trucking stocks took a hit starting in late January just like the rest of the market. From its record high on Jan. 26, the S&P 500 (.SPX) slumped more than 10 percent in less than two weeks to enter a correction, and the S&P 1500 road and rail index (.SPCOMRAR) fell 9.1 percent.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on February 2. Over the last one-month, outflows of investor capital in ETFs holding KNX totaled $332 million.
Knight-Swift Transportation Holdings Inc. expects to release its 2018 first quarter earnings on Wednesday, April 25, 2018, after market close. Knight-Swift will be holding a live conference call with analysts and investors to discuss the earnings release, the results of operations, and other matters after its earnings press release on Wednesday, April 25, 2018, at 4:30 p.m.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on February 2. Over the last one-month, outflows of investor capital in ETFs holding KNX totaled $146 million.
Knight-Swift Transportation Holdings Inc (NYSE:KNX) is currently trading at a trailing P/E of 10.9x, which is lower than the industry average of 14.3x. Although some investors may jump to theRead More...