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Knight Transportation (NYSE:KNX) has been upgraded from Sector Weight to Overweight in a statement by KeyBanc Capital Markets earlier today.

KeyBanc Capital Markets has upgraded Knight Transportation (NYSE:KNX) from Sector Weight to Overweight in a statement released on 11/14/2017.

On 10/12/2017, JP Morgan released a statement for Knight Transportation (NYSE:KNX) bumped up the target price from $0.00 to $39.00 that suggested a downside of -0.05%.

Boasting a price of $38.96, Knight Transportation (NYSE:KNX) traded 1.06% higher on the day. With the last stock price close up 12.60% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. Knight Transportation has recorded a 50-day average of $39.99 and a two hundred day average of $35.98. Volume of trade was down over the average, with 535,700 shares of KNX changing hands under the typical 2,262,980

Performance Chart

Knight Transportation (NYSE:KNX)

With a total market value of $0, Knight Transportation has price-earnings ratio of 41.77 with a one year low of $26.85 and a one year high of $44.45 .

A total of 17 equity analysts have released a research note on KNX. Two equity analysts rating the company a strong buy, four equity analysts rating the company a buy, sixteen equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $26.24.

Brief Synopsis About Knight Transportation (NYSE:KNX)

Knight Transportation, Inc. is a provider of multiple truckload transportation and logistics services, which involve the movement of trailer or container loads of freight from origin to destination for a single customer. The Company operates through two segments: Trucking and Logistics. Its Trucking segment consists of three operating units: dry van truckload, temperature-controlled truckload and drayage services. The Trucking segment provides truckload transportation, including services of various products, goods and materials. Its Logistics segment consists of two operating units: freight brokerage services and rail intermodal. It provides logistics, freight management and other non-trucking services to its customers, through its Logistics segment. It provides a range of truckload and logistics services through its nationwide network of service centers, truckload tractor fleets and its contractual access to third-party capacity providers. It operates primarily in the United States.

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