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Knight-Swift Transportation Holdings (KNX) is a Top-Ranked Value Stock: Should You Buy?

Zacks Equity Research
·2-min read

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.

Why Investors Should Pay Attention to This Value Stock

Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.

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Knight-Swift Transportation Holdings (KNX)

Knight-Swift Transportation Holdings Inc. is the largest truckload carrier in North America. The company based in Phoenix, AZ, also provides transportation solutions and aims to grow through mergers and acquisitions. It serves customers throughout North America, providing them with numerous efficient and low-cost truckload transportation, intermodal and logistics services.

KNX is a Zacks Rank #3 (Hold) stock, with a Value Style Score of A and VGM Score of A. Shares are currently trading at a forward P/E of 9.1X for the current fiscal year compared to the Transportation - Truck industry's P/E of 13.1X. Additionally, KNX has a PEG Ratio of 0.6 and a Price/Cash Flow ratio of 5.9X. Value investors should also note KNX's Price/Sales ratio of 1.2X.

A company's earnings performance is important for value investors as well. For fiscal 2022, 11 analysts revised their earnings estimate higher in the last 60 days for KNX, while the Zacks Consensus Estimate has increased $0.09 to $5.33 per share. KNX also holds an average earnings surprise of 13.5%.

KNX should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.


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Zacks Investment Research