Knight Transportation Net Worth

Knight Transportation Net Worth Breakdown

  KNX
The net worth of Knight Transportation is the difference between its total assets and liabilities. Knight Transportation's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Knight Transportation's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Knight Transportation's net worth can be used as a measure of its financial health and stability which can help investors to decide if Knight Transportation is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Knight Transportation stock.

Knight Transportation Net Worth Analysis

Knight Transportation's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Knight Transportation's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Knight Transportation's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Knight Transportation's net worth analysis. One common approach is to calculate Knight Transportation's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Knight Transportation's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Knight Transportation's net worth. This approach calculates the present value of Knight Transportation's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Knight Transportation's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Knight Transportation's net worth. This involves comparing Knight Transportation's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Knight Transportation's net worth relative to its peers.

Enterprise Value

6.69 Billion

To determine if Knight Transportation is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Knight Transportation's net worth research are outlined below:
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 Quarterly Good Will

3.96 Billion

Knight Transportation uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Knight Transportation. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Knight Transportation's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
18th of April 2024
Upcoming Quarterly Report
View
18th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
22nd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

Knight Transportation Target Price Consensus

Knight target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Knight Transportation's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   20  Buy
Most Knight analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Knight stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Knight Transportation, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Knight Transportation Target Price Projection

Knight Transportation's current and average target prices are 44.42 and 59.59, respectively. The current price of Knight Transportation is the price at which Knight Transportation is currently trading. On the other hand, Knight Transportation's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Knight Transportation Market Quote on 22nd of March 2025

Low Price42.72Odds
High Price44.51Odds

44.42

Target Price

Analyst Consensus On Knight Transportation Target Price

Low Estimate54.23Odds
High Estimate66.15Odds

59.5911

Historical Lowest Forecast  54.23 Target Price  59.59 Highest Forecast  66.15
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Knight Transportation and the information provided on this page.

Know Knight Transportation's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Knight Transportation is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Knight Transportation backward and forwards among themselves. Knight Transportation's institutional investor refers to the entity that pools money to purchase Knight Transportation's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
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.

Follow Knight Transportation's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 7.21 B.

Market Cap

8.04 Billion

Project Knight Transportation's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.02 
Return On Capital Employed 0.02  0.02 
Return On Assets 0.01  0.01 
Return On Equity 0.02  0.02 
The company has Net Profit Margin of 0.02 %, 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. In the same way, it shows Net Operating Margin of 0.04 %, which entails that for every 100 dollars of revenue, it generated $0.04 of operating income.
When accessing Knight Transportation's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Knight Transportation's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Knight Transportation's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Knight Transportation's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Knight Transportation. Check Knight Transportation's Beneish M Score to see the likelihood of Knight Transportation's management manipulating its earnings.

Evaluate Knight Transportation's management efficiency

Knight Transportation has Return on Asset of 0.0115 % which means that on every $100 spent on assets, it made $0.0115 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0163 %, implying that it generated $0.0163 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 0.02 in 2025. Return On Capital Employed is likely to drop to 0.02 in 2025. At this time, Knight Transportation's Asset Turnover is fairly stable compared to the past year.
Last ReportedProjected for Next Year
Book Value Per Share 44.00  46.20 
Tangible Book Value Per Share 6.79  4.70 
Enterprise Value Over EBITDA 8.61  4.43 
Price Book Value Ratio 1.21  1.15 
Enterprise Value Multiple 8.61  4.43 
Price Fair Value 1.21  1.15 
Enterprise Value6.4 B6.7 B
Leadership effectiveness at Knight Transportation is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Enterprise Value Revenue
1.3862
Revenue
7.4 B
Quarterly Revenue Growth
(0.04)
Revenue Per Share
45.815
Return On Equity
0.0163
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Knight Transportation insiders, such as employees or executives, is commonly permitted as long as it does not rely on Knight Transportation's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Knight Transportation insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Adam Miller over three weeks ago
Disposition of 2475 shares by Adam Miller of Knight Transportation at 57.09 subject to Rule 16b-3
 
Gary Knight over a month ago
Acquisition by Gary Knight of 1826 shares of Knight Transportation subject to Rule 16b-3
 
Todd Carlson over a month ago
Acquisition by Todd Carlson of 1711 shares of Knight Transportation subject to Rule 16b-3
 
Louis Hobson over three months ago
Disposition of 1133 shares by Louis Hobson of Knight Transportation subject to Rule 16b-3
 
Kevin Knight over three months ago
Acquisition by Kevin Knight of 9097 shares of Knight Transportation subject to Rule 16b-3
 
Michelle Lewis over three months ago
Disposition of 134 shares by Michelle Lewis of Knight Transportation at 48.25 subject to Rule 16b-3
 
Andrew Hess over three months ago
Acquisition by Andrew Hess of 314 shares of Knight Transportation subject to Rule 16b-3
 
James Fitzsimmons over three months ago
Disposition of 229 shares by James Fitzsimmons of Knight Transportation at 48.25 subject to Rule 16b-3
 
Cary Flanagan over six months ago
Disposition of 594 shares by Cary Flanagan of Knight Transportation subject to Rule 16b-3
 
Michael Garnreiter over six months ago
Disposition of 1904 shares by Michael Garnreiter of Knight Transportation subject to Rule 16b-3
 
Robert Synowicki over six months ago
Disposition of 2500 shares by Robert Synowicki of Knight Transportation at 53.3157 subject to Rule 16b-3
 
Michael Garnreiter over six months ago
Disposition of 2000 shares by Michael Garnreiter of Knight Transportation at 50.57 subject to Rule 16b-3

Knight Transportation Corporate Filings

8K
14th of March 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
13th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10K
20th of February 2025
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify
12th of February 2025
Other Reports
ViewVerify
Knight Transportation time-series forecasting models is one of many Knight Transportation's stock analysis techniques aimed to predict 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.

Knight Transportation Earnings Estimation Breakdown

The calculation of Knight Transportation's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Knight Transportation is estimated to be 0.306 with the future projection ranging from a low of 0.21 to a high of 0.35. Please be aware that this consensus of annual earnings estimates for Knight Transportation is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.36
0.21
Lowest
Expected EPS
0.306
0.35
Highest

Knight Transportation Earnings Projection Consensus

Suppose the current estimates of Knight Transportation's value are higher than the current market price of the Knight Transportation stock. In this case, investors may conclude that Knight Transportation is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Knight Transportation's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2025Current EPS (TTM)
2281.53%
0.36
0.306
0.73

Knight Transportation Earnings History

Earnings estimate consensus by Knight Transportation analysts from Wall Street is used by the market to judge Knight Transportation's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Knight Transportation's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Knight Transportation Quarterly Gross Profit

269.94 Million

At this time, Knight Transportation's Retained Earnings are fairly stable compared to the past year. Retained Earnings Total Equity is likely to rise to about 3.1 B in 2025, whereas Earnings Yield is likely to drop 0.01 in 2025. Net Income Applicable To Common Shares is likely to rise to about 931.4 M in 2025, whereas Common Stock Shares Outstanding is likely to drop slightly above 93.6 M in 2025.
Hype
Prediction
LowEstimatedHigh
42.2344.0145.79
Details
Intrinsic
Valuation
LowRealHigh
39.9853.7255.50
Details
Naive
Forecast
LowNextHigh
42.4644.2446.01
Details
20 Analysts
Consensus
LowTargetHigh
54.2359.5966.15
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of Knight assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Knight Transportation. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Knight Transportation's stock price in the short term.

Knight Transportation Earnings per Share Projection vs Actual

Actual Earning per Share of Knight Transportation refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Knight Transportation predict the company's earnings will be in the future. The higher the earnings per share of Knight Transportation, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Knight Transportation Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Knight Transportation, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Knight Transportation should always be considered in relation to other companies to make a more educated investment decision.

Knight Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Knight Transportation's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2025-01-22
2024-12-310.330.360.03
2024-10-23
2024-09-300.320.340.02
2024-07-24
2024-06-300.280.24-0.0414 
2024-04-24
2024-03-310.20.12-0.0840 
2024-01-24
2023-12-310.440.09-0.3579 
2023-10-19
2023-09-300.360.410.0513 
2023-07-20
2023-06-300.550.49-0.0610 
2023-04-20
2023-03-310.810.73-0.08
2023-01-26
2022-12-311.121.0-0.1210 
2022-10-19
2022-09-301.321.27-0.05
2022-07-20
2022-06-301.351.410.06
2022-04-20
2022-03-311.261.350.09
2022-01-26
2021-12-311.431.610.1812 
2021-10-20
2021-09-301.071.30.2321 
2021-07-21
2021-06-300.880.980.111 
2021-04-21
2021-03-310.690.830.1420 
2021-01-27
2020-12-310.910.940.03
2020-10-21
2020-09-300.640.790.1523 
2020-07-22
2020-06-300.350.570.2262 
2020-04-22
2020-03-310.350.440.0925 
2020-01-29
2019-12-310.520.550.03
2019-10-23
2019-09-300.490.48-0.01
2019-07-24
2019-06-300.580.580.0
2019-04-24
2019-03-310.520.550.03
2019-01-29
2018-12-310.850.930.08
2018-10-24
2018-09-300.580.650.0712 
2018-07-25
2018-06-300.560.560.0
2018-04-25
2018-03-310.40.440.0410 
2018-01-30
2017-12-310.410.520.1126 
2017-11-06
2017-09-300.280.25-0.0310 
2017-07-26
2017-06-300.350.350.0
2017-04-26
2017-03-310.260.25-0.01
2017-01-25
2016-12-310.420.4-0.02
2016-10-26
2016-09-300.390.40.01
2016-07-27
2016-06-300.420.430.01
2016-04-20
2016-03-310.40.39-0.01
2016-01-27
2015-12-310.440.50.0613 
2015-10-21
2015-09-300.490.510.02
2015-07-22
2015-06-300.520.540.02
2015-04-22
2015-03-310.430.50.0716 
2015-01-28
2014-12-310.450.560.1124 
2014-10-22
2014-09-300.380.430.0513 
2014-07-23
2014-06-300.370.430.0616 
2014-04-23
2014-03-310.310.320.01
2014-01-29
2013-12-310.330.350.02
2013-10-23
2013-09-300.270.26-0.01
2013-07-24
2013-06-300.330.330.0
2013-04-24
2013-03-310.250.260.01
2013-01-30
2012-12-310.30.310.01
2012-10-24
2012-09-300.30.29-0.01
2012-07-25
2012-06-300.320.330.01
2012-04-25
2012-03-310.230.18-0.0521 
2012-01-25
2011-12-310.290.310.02
2011-10-26
2011-09-300.290.290.0
2011-07-27
2011-06-300.260.280.02
2011-04-20
2011-03-310.230.17-0.0626 
2011-01-26
2010-12-310.280.26-0.02
2010-10-20
2010-09-300.290.28-0.01
2010-07-21
2010-06-300.250.260.01
2010-04-21
2010-03-310.210.210.0
2010-01-27
2009-12-310.230.22-0.01
2009-10-21
2009-09-300.220.220.0
2009-07-22
2009-06-300.210.210.0
2009-04-22
2009-03-310.150.190.0426 
2009-01-28
2008-12-310.230.260.0313 
2008-10-22
2008-09-300.230.260.0313 
2008-07-23
2008-06-300.210.210.0
2008-04-23
2008-03-310.20.18-0.0210 
2008-01-23
2007-12-310.230.22-0.01
2007-10-17
2007-09-300.270.24-0.0311 
2007-07-18
2007-06-300.310.29-0.02
2007-04-18
2007-03-310.260.260.0
2007-01-24
2006-12-310.330.32-0.01
2006-10-18
2006-09-300.290.310.02
2006-07-19
2006-06-300.290.290.0
2006-04-19
2006-03-310.250.250.0
2006-01-18
2005-12-310.280.290.01
2005-10-19
2005-09-300.240.250.01
2005-07-20
2005-06-300.240.240.0
2005-04-20
2005-03-310.20.20.0
2005-01-19
2004-12-310.210.230.02
2004-10-20
2004-09-300.190.20.01
2004-07-21
2004-06-300.170.190.0211 
2004-04-21
2004-03-310.140.150.01
2004-01-21
2003-12-310.160.160.0
2003-10-15
2003-09-300.150.150.0
2003-07-16
2003-06-300.130.140.01
2003-04-17
2003-03-310.110.120.01
2003-01-22
2002-12-310.130.140.01
2002-10-16
2002-09-300.120.120.0
2002-07-17
2002-06-300.110.110.0
2002-04-17
2002-03-310.090.090.0
2002-01-16
2001-12-310.10.120.0220 
2001-10-17
2001-09-300.10.110.0110 
2001-07-18
2001-06-300.090.090.0
2001-04-18
2001-03-310.070.080.0114 
2001-01-18
2000-12-310.090.090.0
2000-10-18
2000-09-300.090.090.0
2000-07-19
2000-06-300.080.090.0112 
2000-04-20
2000-03-310.070.070.0
2000-01-26
1999-12-310.070.080.0114 
1999-10-20
1999-09-300.070.070.0
1999-07-22
1999-06-300.070.070.0
1999-04-22
1999-03-310.060.060.0
1999-01-19
1998-12-310.060.060.0
1998-10-21
1998-09-300.060.060.0
1998-07-21
1998-06-300.060.060.0
1998-04-22
1998-03-310.050.050.0
1998-01-28
1997-12-310.050.050.0
1997-10-21
1997-09-300.050.050.0
1997-07-21
1997-06-300.040.050.0125 
1997-04-23
1997-03-310.040.040.0
1997-01-29
1996-12-310.040.040.0
1996-10-23
1996-09-300.040.040.0
1996-07-24
1996-06-300.030.030.0
1996-04-24
1996-03-310.030.030.0

Knight Transportation Corporate Directors

Roberta ShankIndependent DirectorProfile
Robert SynowickiIndependent DirectorProfile
Michael GarnreiterIndependent DirectorProfile
Kathryn MunroLead Independent DirectorProfile

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.