Stock To Watch: Knight Transportation, Inc. (NYSE:KNX)


The leading market experts have placed a mean price target of $27.75 on Knight Transportation, Inc. (NYSE:KNX) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.31 a share for the upcoming quarter and $1.19 for the current fiscal. Technical View The technical analysis of Knight Transportation, Inc. Com plainly substantiates that the 50-day moving average of Knight Transportation, Inc. Com is $27.39, and stock is hovering 2.44 or +8.89% distant from $27.39. It is noted that the 200-day MA is $25.92, and Knight Transportation, Inc. Com stock is $3.91 or +15.11% off from this point. Knight Transportation, Inc. (NYSE:KNX) 52-week high is $30.38 and the 52-week low is $20.56. This explains if the stock moves $-0.55, it will post a 52-week high. In event of $+45.09% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Knight Transportation, Inc. Com, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Knight Transportation, Inc. (NYSE:KNX) ratio came in at 22.75. The stock last ended the trading session at $29.83 and registered a market cap of $2.39B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Knight Transportation, Inc. (NYSE:KNX) PEG ratio is at 2.69.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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