Financial Analysis: Swift Transportation (KNX) vs. Its Rivals
Swift Transportation (NYSE: KNX) is one of 15 public companies in the “Freight Trucking” industry, but how does it compare to its peers? We will compare Swift Transportation to similar companies based on the strength of its earnings, profitability, valuation, institutional ownership, dividends, analyst recommendations and risk.
This table compares Swift Transportation and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Swift Transportation Competitors||4.92%||10.34%||5.32%|
Risk and Volatility
Swift Transportation has a beta of 2.07, indicating that its share price is 107% more volatile than the S&P 500. Comparatively, Swift Transportation’s peers have a beta of 1.07, indicating that their average share price is 7% more volatile than the S&P 500.
This is a summary of current ratings for Swift Transportation and its peers, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Swift Transportation Competitors||92||619||579||25||2.41|
Swift Transportation currently has a consensus target price of $40.14, suggesting a potential downside of 2.61%. As a group, “Freight Trucking” companies have a potential downside of 6.07%. Given Swift Transportation’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Swift Transportation is more favorable than its peers.
Insider and Institutional Ownership
58.6% of shares of all “Freight Trucking” companies are held by institutional investors. 9.9% of Swift Transportation shares are held by insiders. Comparatively, 24.4% of shares of all “Freight Trucking” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Earnings & Valuation
This table compares Swift Transportation and its peers top-line revenue, earnings per share and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Swift Transportation||$4.03 billion||$149.26 million||32.98|
|Swift Transportation Competitors||$1.95 billion||$105.60 million||30.29|
Swift Transportation has higher revenue and earnings than its peers. Swift Transportation is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Swift Transportation beats its peers on 8 of the 13 factors compared.
About Swift Transportation
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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