Knight-Swift (KNX) Valuation Check After Recent Share Price Rebound
Knight-Swift Transportation Holdings (KNX) has quietly put together a solid run, with the stock up about 12% in the past week and nearly 19% over the past 3 months, catching investors attention.
See our latest analysis for Knight-Swift Transportation Holdings.
That short term momentum in the share price, including a 15 percent 30 day share price return, contrasts with a slightly negative year to date share price return and a one year total shareholder return of around negative 6 percent. This suggests sentiment may be turning after a tougher stretch.
If Knight Swift has you watching the transport cycle more closely, it could also be a good moment to explore fast growing stocks with high insider ownership for other potential movers worth putting on your radar.
With earnings recovering and shares trading only slightly below analyst targets, investors now face a key question: Is Knight-Swift still undervalued after the recent rebound, or is the market already pricing in the next leg of growth?
Most Popular Narrative: 4.3% Undervalued
With Knight-Swift shares last closing at $51.3 against a narrative fair value of about $53.58, the story frames a modest upside driven by cyclical recovery and structural improvements rather than a deep value disconnect.
Industry consolidation and persistent capacity exit among smaller fleets are tightening the supply/demand equilibrium, enabling Knight-Swift to leverage its scale for better pricing power and market share gains, ultimately benefiting both top-line growth and net margins.
Want to see the full playbook behind this upside case? The narrative leans on accelerating earnings, expanding margins, and a future valuation multiple that might surprise freight investors. Curious which financial levers do the heavy lifting in that fair value math? Read on to unpack the assumptions powering this call.
Result: Fair Value of $53.58 (UNDERVALUED)
Have a read of the narrative in full and understand what's behind the forecasts.
However, this upside depends on successful LTL integration and a firmer freight backdrop, while weaker volumes or costly execution missteps could quickly undermine the case.
Find out about the key risks to this Knight-Swift Transportation Holdings narrative.
Another Angle on Valuation
While the narrative fair value suggests Knight-Swift is modestly undervalued, our lens using a single earnings multiple raises eyebrows. At 58.5 times earnings versus an industry average near 30.8 times and a fair ratio of 24.9 times, the stock screens as expensive, not cheap. Is this momentum or overconfidence creeping in?
See what the numbers say about this price — find out in our valuation breakdown.
Build Your Own Knight-Swift Transportation Holdings Narrative
If this framework does not fully align with your view, dive into the numbers yourself and build a fresh angle in minutes, Do it your way.
A good starting point is our analysis highlighting 2 key rewards investors are optimistic about regarding Knight-Swift Transportation Holdings.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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