Analyst's Proposition on Swift Transportation Company (SWFT), Anadarko Petroleum Corporation (APC)

06/29/2016 - Knight Transportation, Inc. had its " rating reiterated by analysts at BB&T Capital Markets.

Other hedge funds also recently added to or reduced their stakes in the company.

The volume of the particular stock is the shares bought and sold in a single trading day. Bank of Montreal Can now owns 4,093 shares of the transportation company's stock worth $118,000 after buying an additional 110 shares during the last quarter. The number of shares now owned by investors are 263.84 mln.

To gauge your chances of picking a winning stock, take a close look at its fundamentals, especially its earnings-per-share growth. Louisiana State Employees Retirement System raised its stake in Knight Transportation by 1.9% in the first quarter.

12/16/2016 - Seaport Global Securities began new coverage on Knight Transportation, Inc. giving the company a " rating. Vertical Group assumed coverage on Knight Transportation in a research report on Thursday. Boothbay Fund Management LLC purchased a new stake in shares of Knight Transportation during the fourth quarter worth $263,000. LLC owned approximately 0.41% of Knight Transportation worth $10,436,000 at the end of the most recent reporting period.

The companies 50 day moving average is 32.12 and its 200 day moving average is 32.37. High growth rates in EPS are more reliable in the case of "matured companies" which has experienced a complete economic cycle of expansion and contraction, through a bear market phase and a bull run. Analysts taken into consideration by Zacks Research have a current mean target price of $43.92 on shares of Thomson Reuters Corp (NYSE:TRI).

Swift Transportation has 133,064,000 shares outstanding at the moment which are trading around 22.47 bringing Swift Transportation's market capitalisation to 2.99B Dollars. The average volume of a stock suggests the liquidity of a particular company. Finally, Stephens cut shares of Knight Transportation from an "overweight" rating to an "equal weight" rating in a research note on Wednesday, January 4th. Knight Transportation has an average rating of "Hold" and an average target price of $33.94. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company.

12Th Street Asset Management Company Llc holds 6.49% of its portfolio in Swift Transportation Co for 880,966 shares. The firm's quarterly revenue was down.6% on a year-over-year basis.

On Thursday, Knight Transportation (NYSE:KNX) stock opened its trade at $31.45 and after floating in a range of $30.85 to $31.83, settled at $31.00. The business had revenue of $289.10 million for the quarter, compared to analysts' expectations of $285.76 million. If you are reading this piece on another site, it was stolen and republished in violation of United States & worldwide trademark & copyright legislation. The company saw 0.24 million shares trade hands over the course of the day.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 27th. Stockholders of record on Friday, March 3rd were issued a $0.06 dividend. The ex-dividend date of this dividend was Wednesday, March 1st. This represents a $0.24 annualized dividend and a dividend yield of 0.77%. Knight Transportation's dividend payout ratio is now 20.87%.

Want to see what other hedge funds are holding KNX? As of December 31, 2016, the Company operated fleets of truckload equipment in North America from over 40 terminals near key freight centers and traffic lanes.

The Company's other segments include its logistics and freight brokerage services, as well as support services that its subsidiaries provide to customers and owner-operators, including fix and maintenance shop services, equipment leasing, and insurance. Its Trucking segment consists of three operating units: dry van truckload, temperature-controlled truckload and drayage services. Parkside Savings Bank Trust reported 0% in Knight Transportation (NYSE:KNX). The Company operates primarily in the United States with minor operations in Canada and Mexico.

  • Zachary Reyes