Knight Transportation (KNX) EPS Estimated At $0.25

July 18, 2017 - By Hazel Jackson

 Knight Transportation (KNX) EPS Estimated At $0.25
Investors sentiment increased to 1.24 in 2016 Q4. Its up 0.02, from 1.22 in 2016Q3. It is positive, as 15 investors sold Knight Transportation shares while 60 reduced holdings. 45 funds opened positions while 48 raised stakes. 69.21 million shares or 3.74% less from 71.90 million shares in 2016Q3 were reported.
Trexquant Investment Ltd Partnership accumulated 24,100 shares. Princeton Alpha Mngmt L P holds 0.12% of its portfolio in Knight Transportation (NYSE:KNX) for 17,563 shares. Ubs Asset Mgmt Americas invested 0% of its portfolio in Knight Transportation (NYSE:KNX). Tci Wealth Advsr Inc invested in 628 shares. Lord Abbett Com Ltd holds 450,831 shares. Blackrock Invest Management Lc owns 0.01% invested in Knight Transportation (NYSE:KNX) for 341,151 shares. Texas Permanent School Fund, a Texas-based fund reported 48,450 shares. 26,700 are owned by Louisiana State Employees Retirement Systems. Vanguard Gp owns 0.01% invested in Knight Transportation (NYSE:KNX) for 5.41M shares. Weiss Multi holds 0.12% or 74,366 shares in its portfolio. Da Davidson And Company, Montana-based fund reported 3,819 shares. Teachers Retirement Of The State Of Kentucky has 70,039 shares. Granahan Investment Mngmt Ma reported 161,780 shares. Fincl Bank Of Mellon Corporation stated it has 3.42M shares or 0.03% of all its holdings. 332,971 are owned by Morgan Stanley.

Since April 28, 2017, it had 0 buys, and 6 sales for $1.80 million activity. KNIGHT GARY J also sold $412,880 worth of Knight Transportation (NYSE:KNX) on Tuesday, May 9. Shares for $109,985 were sold by Quast Kevin on Monday, May 22. Another trade for 2,800 shares valued at $100,100 was made by Updike James E. Jr. on Wednesday, June 14. Yu Wayne sold $175,987 worth of stock or 5,079 shares. KNIGHT KEVIN P had sold 17,575 shares worth $603,526. JACKSON DAVID A sold 12,500 shares worth $400,005.

Analysts expect Knight Transportation (NYSE:KNX) to report $0.25 EPS on July, 26.They anticipate $0.06 EPS change or 19.35 % from last quarter’s $0.31 EPS. KNX’s profit would be $20.43M giving it 35.85 P/E if the $0.25 EPS is correct. After having $0.18 EPS previously, Knight Transportation’s analysts see 38.89 % EPS growth. The stock decreased 0.69% or $0.25 during the last trading session, reaching $35.85. About 1.23M shares traded. Knight Transportation (NYSE:KNX) has risen 26.59% since July 18, 2016 and is uptrending. It has outperformed by 9.89% the S&P500.

Knight Transportation (NYSE:KNX) Ratings Coverage

Among 17 analysts covering Knight Transportation (NYSE:KNX), 6 have Buy rating, 2 Sell and 9 Hold. Therefore 35% are positive. Knight Transportation had 49 analyst reports since July 24, 2015 according to SRatingsIntel. Citigroup maintained it with “Neutral” rating and $32 target in Friday, September 16 report. RBC Capital Markets maintained it with “Sector Perform” rating and $26 target in Thursday, April 21 report. Deutsche Bank upgraded the stock to “Buy” rating in Tuesday, April 11 report. The firm earned “Outperform” rating on Thursday, April 21 by Raymond James. RBC Capital Markets maintained the shares of KNX in report on Thursday, October 22 with “Sector Perform” rating. The company was downgraded on Tuesday, June 21 by Bank of America. The firm has “Market Underperform” rating given on Thursday, June 23 by Avondale. Citigroup maintained it with “Neutral” rating and $27 target in Monday, July 11 report. Stifel Nicolaus downgraded the stock to “Hold” rating in Thursday, April 21 report. The rating was downgraded by Cowen & Co on Monday, March 21 to “Market Perform”.

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 has market cap of $2.93 billion. The Firm operates through two divisions: Trucking and Logistics. It has a 33.77 P/E ratio. The Company’s Trucking segment consists of three operating units: dry van truckload, temperature-controlled truckload and drayage services.

More recent Knight Transportation (NYSE:KNX) news were published by: Prnewswire.com which released: “Knight Transportation, Core Laboratories Set to Join S&P MidCap 400; SolarEdge …” on July 06, 2017. Also Businesswire.com published the news titled: “Knight Transportation, Inc. Announces Upcoming Release of Second Quarter …” on July 05, 2017. Streetinsider.com‘s news article titled: “Knight Transportation (KNX) PT Raised to $43 at BofA/Merrill Lynch; ‘Could …” with publication date: July 07, 2017 was also an interesting one.

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