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.

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

Execute Advice
Sell Knight TransportationBuy Knight Transportation
Strong Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Knight Transportation has a Risk Adjusted Performance of (0.12), Jensen Alpha of (0.13), Total Risk Alpha of (0.04) and Treynor Ratio of (0.23)
Our advice tool can be used to complement Knight Transportation investment recommendation provided by experts. It analyzes the firm's potential to grow against your specific risk preferences and investment horizon. To make sure Knight Transportation is not overpriced, please verify all Knight Transportation fundamentals, including its price to book, cash flow from operations, current liabilities, as well as the relationship between the cash and equivalents and beta . Given that Knight Transportation has a price to earning of 10.15 X, we recommend you to check Knight Transportation market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.

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, Llc2024-12-31
2.7 M
Massachusetts Financial Services Company2024-12-31
2.7 M
Franklin Resources Inc2024-12-31
1.9 M
Point72 Asset Management, L.p.2024-12-31
1.8 M
Interval Partners, Lp2024-12-31
1.8 M
Frontier Capital Management Co Inc2024-12-31
1.7 M
Ensign Peak Advisors Inc2024-12-31
1.5 M
Bank Of New York Mellon Corp2024-12-31
1.5 M
Northern Trust Corp2024-12-31
1.5 M
Blackrock Inc2024-12-31
16.7 M
Wellington Management Company Llp2024-12-31
14.9 M
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 Transportation Cash Flow Accounts

202020212022202320242025 (projected)
Change To Inventory(132.7M)(100.8M)(4.8M)(74.1M)(66.7M)(63.3M)
Change In Cash(5.0M)152.7M35.3M84.3M(99.5M)(94.5M)
Free Cash Flow398.6M656.1M635.3M90.1M(20.1M)(19.1M)
Depreciation506.7M577.9M659.8M735.1M792.8M832.4M
Other Non Cash Items124.6M73.5M14.8M117.7M(87.6M)(83.2M)
Capital Expenditures521.1M534.1M800.6M1.1B819.2M860.1M
Net Income410.6M743.7M771.1M217.1M116.1M161.7M
End Period Cash Flow197.3M350.0M385.3M469.7M370.2M388.7M
Dividends Paid54.6M63.5M78.3M91.1M104.2M109.4M
Investments13.7M(24.4M)9.7M(1.4B)(759.1M)(721.2M)
Change Receivables70.1M(75.5M)(214.6M)58.7M52.8M55.5M
Net Borrowings(66.6M)(208.9M)905.1M(351.8M)(404.6M)(384.4M)
Change To Netincome21.5M90.2M(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 Jones1.13
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
FundamentalsKnight TransportationPeer Average
Return On Equity0.0163-0.31
Return On Asset0.0115-0.14
Profit Margin0.02 %(1.27) %
Operating Margin0.04 %(5.51) %
Current Valuation10.59 B16.62 B
Shares Outstanding161.98 M571.82 M
Shares Owned By Insiders3.14 %10.09 %
Shares Owned By Institutions97.84 %39.21 %
Number Of Shares Shorted8.67 M4.71 M
Price To Earning10.15 X28.72 X
Price To Book1.06 X9.51 X
Price To Sales1.02 X11.42 X
Revenue7.41 B9.43 B
Gross Profit1.8 B27.38 B
EBITDA1.11 B3.9 B
Net Income116.09 M570.98 M
Cash And Equivalents196.77 M2.7 B
Cash Per Share1.21 X5.01 X
Total Debt1.37 B5.32 B
Debt To Equity0.30 %48.70 %
Current Ratio1.62 X2.16 X
Book Value Per Share43.91 X1.93 K
Cash Flow From Operations799.06 M971.22 M
Short Ratio3.17 X4.00 X
Earnings Per Share0.73 X3.12 X
Price To Earnings To Growth0.53 X4.89 X
Target Price61.68
Number Of Employees35.3 K18.84 K
Beta0.98-0.15
Market Capitalization7.54 B19.03 B
Total Asset12.7 B29.47 B
Retained Earnings2.66 B9.33 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.

Use Investing Ideas to Build Portfolios

In addition to having Knight Transportation in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Video Games Thematic Idea Now

Video Games
Video Games Theme
Companies that are involved in the building and marketing of video games or gaming software. The Video Games theme has 22 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Video Games Theme or any other thematic opportunities.
View All  Next Launch

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.