Zacks Rating on Knight Transportation (KNX)

Knight Transportation (KNX) : Zacks Investment Research ranks Knight Transportation (KNX) as 3, which is a Hold recommendation. 1 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 12 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 3.04, which indicates as a Hold.

Knight Transportation (KNX) : The highest short term price target forecast on Knight Transportation (KNX) is $30 and the lowest target price is $21. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $27.35 with a standard deviation of $2.69.


Shares of Knight Transportation Inc. rose by 4.47% in the last five trading days and 2.24% for the last 4 weeks. Knight Transportation Inc. is up 14.86% in the last 3-month period. Year-to-Date the stock performance stands at 21.08%. Knight Transportation (NYSE:KNX): stock turned positive on Tuesday. Though the stock opened at $28.9, the bulls momentum made the stock top out at $29.38 level for the day. The stock recorded a low of $28.82 and closed the trading day at $29.2, in the green by 1.71%. The total traded volume for the day was 1,178,218. The stock had closed at $28.71 in the previous days trading.

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 in two segments: Trucking and Logistics. Trucking segment is comprised of three operating units: dry van truckload (Dry Van); temperature-controlled truckload (Refrigerated), and drayage services (Drayage). Trucking segment provides truckload transportation, including dedicated services of various products, goods and materials. Logistics segment consists of two operating units: freight brokerage services (Brokerage) and rail intermodal (Intermodal). The Brokerage and Intermodal operating units of Logistics segment provide a multitude of shipment solutions, including additional sources of truckload capacity and alternative transportation modes. As of 2014, Trucking segment operated an average of 4,173 tractors.

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