Knight Transportation Stock Buy Hold or Sell Recommendation
| KNX Stock | USD 46.52 0.92 2.02% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Knight Transportation is 'Strong Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Knight Transportation given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Knight Transportation, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Knight Transportation Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Knight Stock please use our How to Invest in Knight Transportation guide. In addition, we conduct extensive research on individual companies such as Knight and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Knight Transportation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Knight |
Execute Knight Transportation Buy or Sell Advice
The Knight recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Knight Transportation. Macroaxis does not own or have any residual interests in Knight Transportation or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Knight Transportation's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Knight Transportation Trading Alerts and Improvement Suggestions
| Knight Transportation generated a negative expected return over the last 90 days | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Knight-Swift adds LTL veteran to board as it targets Northeast expansion |
Knight Transportation Returns Distribution Density
The distribution of Knight Transportation's historical returns is an attempt to chart the uncertainty of Knight Transportation's future price movements. The chart of the probability distribution of Knight Transportation daily returns describes the distribution of returns around its average expected value. We use Knight Transportation price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Knight Transportation returns is essential to provide solid investment advice for Knight Transportation.
| Mean Return | -0.25 | Value At Risk | -2.7 | Potential Upside | 2.97 | Standard Deviation | 1.74 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Knight Transportation historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Knight Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Knight Transportation, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Knight Transportation back and forth among themselves.
| Shares | Geode Capital Management, Llc | 2024-12-31 | 2.7 M | Massachusetts Financial Services Company | 2024-12-31 | 2.7 M | Franklin Resources Inc | 2024-12-31 | 1.9 M | Point72 Asset Management, L.p. | 2024-12-31 | 1.8 M | Interval Partners, Lp | 2024-12-31 | 1.8 M | Frontier Capital Management Co Inc | 2024-12-31 | 1.7 M | Ensign Peak Advisors Inc | 2024-12-31 | 1.5 M | Bank Of New York Mellon Corp | 2024-12-31 | 1.5 M | Northern Trust Corp | 2024-12-31 | 1.5 M | Blackrock Inc | 2024-12-31 | 16.7 M | Wellington Management Company Llp | 2024-12-31 | 14.9 M |
Knight Transportation Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (132.7M) | (100.8M) | (4.8M) | (74.1M) | (66.7M) | (63.3M) | |
| Change In Cash | (5.0M) | 152.7M | 35.3M | 84.3M | (99.5M) | (94.5M) | |
| Free Cash Flow | 398.6M | 656.1M | 635.3M | 90.1M | (20.1M) | (19.1M) | |
| Depreciation | 506.7M | 577.9M | 659.8M | 735.1M | 792.8M | 832.4M | |
| Other Non Cash Items | 124.6M | 73.5M | 14.8M | 117.7M | (87.6M) | (83.2M) | |
| Capital Expenditures | 521.1M | 534.1M | 800.6M | 1.1B | 819.2M | 860.1M | |
| Net Income | 410.6M | 743.7M | 771.1M | 217.1M | 116.1M | 161.7M | |
| End Period Cash Flow | 197.3M | 350.0M | 385.3M | 469.7M | 370.2M | 388.7M | |
| Dividends Paid | 54.6M | 63.5M | 78.3M | 91.1M | 104.2M | 109.4M | |
| Investments | 13.7M | (24.4M) | 9.7M | (1.4B) | (759.1M) | (721.2M) | |
| Change Receivables | 70.1M | (75.5M) | (214.6M) | 58.7M | 52.8M | 55.5M | |
| Net Borrowings | (66.6M) | (208.9M) | 905.1M | (351.8M) | (404.6M) | (384.4M) | |
| Change To Netincome | 21.5M | 90.2M | (131.1M) | (33.4M) | (30.1M) | (28.6M) |
Knight Transportation Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Knight Transportation or Ground Transportation sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Knight Transportation's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Knight stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 1.13 | |
σ | Overall volatility | 1.78 | |
Ir | Information ratio | -0.09 |
Knight Transportation Volatility Alert
Knight Transportation exhibits very low volatility with skewness of 0.46 and kurtosis of 0.01. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Knight Transportation's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Knight Transportation's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Knight Transportation Fundamentals Vs Peers
Comparing Knight Transportation's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Knight Transportation's direct or indirect competition across all of the common fundamentals between Knight Transportation and the related equities. This way, we can detect undervalued stocks with similar characteristics as Knight Transportation or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Knight Transportation's fundamental indicators could also be used in its relative valuation, which is a method of valuing Knight Transportation by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Knight Transportation to competition |
| Fundamentals | Knight Transportation | Peer Average |
| Return On Equity | 0.0163 | -0.31 |
| Return On Asset | 0.0115 | -0.14 |
| Profit Margin | 0.02 % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 10.59 B | 16.62 B |
| Shares Outstanding | 161.98 M | 571.82 M |
| Shares Owned By Insiders | 3.14 % | 10.09 % |
| Shares Owned By Institutions | 97.84 % | 39.21 % |
| Number Of Shares Shorted | 8.67 M | 4.71 M |
| Price To Earning | 10.15 X | 28.72 X |
| Price To Book | 1.06 X | 9.51 X |
| Price To Sales | 1.02 X | 11.42 X |
| Revenue | 7.41 B | 9.43 B |
| Gross Profit | 1.8 B | 27.38 B |
| EBITDA | 1.11 B | 3.9 B |
| Net Income | 116.09 M | 570.98 M |
| Cash And Equivalents | 196.77 M | 2.7 B |
| Cash Per Share | 1.21 X | 5.01 X |
| Total Debt | 1.37 B | 5.32 B |
| Debt To Equity | 0.30 % | 48.70 % |
| Current Ratio | 1.62 X | 2.16 X |
| Book Value Per Share | 43.91 X | 1.93 K |
| Cash Flow From Operations | 799.06 M | 971.22 M |
| Short Ratio | 3.17 X | 4.00 X |
| Earnings Per Share | 0.73 X | 3.12 X |
| Price To Earnings To Growth | 0.53 X | 4.89 X |
| Target Price | 61.68 | |
| Number Of Employees | 35.3 K | 18.84 K |
| Beta | 0.98 | -0.15 |
| Market Capitalization | 7.54 B | 19.03 B |
| Total Asset | 12.7 B | 29.47 B |
| Retained Earnings | 2.66 B | 9.33 B |
| Working Capital | (258.01 M) | 1.48 B |
Note: Disposition of 2475 shares by Adam Miller of Knight Transportation at 57.09 subject to Rule 16b-3 [view details]
Knight Transportation Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Knight . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Knight Transportation Buy or Sell Advice
When is the right time to buy or sell Knight Transportation? Buying financial instruments such as Knight Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Knight Stock Analysis
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.