We recently published 10 Big Names Already Crushing This February. Knight-Swift Transportation Holdings Inc. (NYSE:KNX) was one of the top performers on Monday. Knight-Swift saw its share prices jump by 7.37 percent on Monday to close at $59.16 apiece, as investors welcomed the appointment of a new president to support growth and recovery, as the company navigates a challenging market environment. In a statement, Knight-Swift Transportation Holdings Inc. (NYSE:KNX) named Joe Vitiritto as its new preside ...

Core Insights - Pzena Focused Value Strategy underperformed the Russell 1000® Value Index in Q4 2025, with a net return of 2.5% compared to the Index's 3.8% [1] - The firm identifies appealing valuation differences in the current market, suggesting a favorable environment for long-term value investors [1] Company Analysis: Knight-Swift Transportation Holdings Inc. (NYSE:KNX) - Knight-Swift Transportation Holdings Inc. is a freight transportation services provider with a market capitalization of $8.945 billion, closing at $55.10 per share on January 30, 2026 [2] - The stock experienced a one-month return of 1.94% but has lost 1.13% of its value over the past 52 weeks [2] - Pzena initiated a position in Knight-Swift during Q4 2025, noting that the company is facing a prolonged freight downturn due to excess capacity from the 2021 profit peak, which is impacting rates and earnings [3] - The firm believes that Knight-Swift's scale and network efficiency will enable profitability to recover as market conditions normalize [3] Hedge Fund Interest - Knight-Swift Transportation Holdings Inc. was held by 44 hedge fund portfolios at the end of Q3 2025, an increase from 43 in the previous quarter [4] - Despite its potential, the company is not among the 30 most popular stocks among hedge funds, with some analysts suggesting that certain AI stocks may offer greater upside potential [4]

The Trucking Alliance, which in terms of numbers is one of the smaller industry lobbying and support groups but which includes some of the bigger players in trucking, has long focused on safety issues in its efforts to shift public policy. After a tumultuous 2025 in the intersection where trucking, safety and politics all came together in often unexpected ways, the group is laying out its agenda not just for 2026 but for years to come, freely acknowledging there are some shifts in the regulatory landscape ...

Group 1: Strong Buy Ratings - Technology sector shows strong momentum with five stocks rated as "Strong Buy": Meta Platforms Inc. (META), Cisco Systems Inc. (CSCO), Fortinet Inc. (FTNT), Microchip Technology Incorporated (MCHP), and Micron Technology Inc. (MU) [1][2][3][4] - Meta Platforms Inc. has a market capitalization of approximately $1.69 trillion, while Cisco Systems Inc. is valued around $304.27 billion [2] - Fortinet Inc. has a market cap of roughly $61.77 billion, and Microchip Technology Incorporated is valued at approximately $40.42 billion [3][4] - In the industrials sector, SLB Limited (market cap about $74.19 billion) and Quanta Services Inc. (market cap around $70.2 billion) also received "Strong Buy" ratings [2][3] Group 2: Downgrades to Hold - Some large-cap companies faced downgrades to "Hold," indicating a selective market sentiment. Cummins Inc. was downgraded by Wolfe Research, and Public Storage also moved to "Hold" from "Strong Buy" [5] - These downgrades suggest that while certain sectors are favored, investors are cautious about the broader market [5]

This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Dive brief: Knight-Swift Transportation Holdings’ intermodal segment nearly hit a “breakeven” operating ratio in Q4, the carrier reported on Jan. 21.  The company reported an adjusted operating ratio of 100.1%, a 140 basis point improvement from 101.5% a year prior. Knight-Swift credited the upswing to a 2.8% increase in revenue per load and structural cost redu ...

My previous investment thought on Knight-Swift Transportation Holdings ( KNX ) was a hold rating, as the TL pricing trend was still weak and I saw risk to near-term LTL margins. After reviewing theI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to long-term. Ultimately, I aim to id ...

Core Viewpoint - Knight-Swift Transportation reported fourth-quarter adjusted earnings that fell short of analyst expectations, despite revenue meeting forecasts [1] Financial Performance - The company posted adjusted earnings per share of $0.31 for Q4 2025, below the consensus estimate of $0.36 [2] - Revenue totaled $1.9 billion, matching analyst expectations but declining 0.4% year over year [2] - Consolidated operating income dropped 66.1% to $26.5 million, primarily due to $52.9 million in non-cash impairment charges related to the integration of the Abilene truckload brand into Swift operations [2] Segment Analysis - The truckload segment, Knight-Swift's largest business, reported a 2.4% year-over-year decline in revenue excluding fuel surcharges, with loaded miles decreasing by 3.3% [3] - The segment's adjusted operating ratio worsened to 92.9%, an increase of 70 basis points from the prior year [3] Future Outlook - For Q1 2026, Knight-Swift forecasts adjusted earnings per share of $0.28 to $0.32 [4] - Truckload revenue is expected to decline slightly, with operating margins remaining relatively stable compared to the same period last year [4] - Full-year 2026 net cash capital expenditures are projected to range between $625 million and $675 million [4]

Core Insights - Knight-Swift Transportation Holdings Inc. (KNX) reported fourth-quarter 2025 adjusted earnings of 31 cents per share, missing the Zacks Consensus Estimate of 36 cents and declining 13.8% year over year, falling below the guided range of 34-40 cents [1][10] - Total revenues for the quarter were $1.86 million, missing the Zacks Consensus Estimate of $1.89 million and decreasing 0.4% year over year [1][10] Financial Performance - Total operating expenses increased by 2.4% year over year to $1.83 billion [2] - Truckload segment revenues totaled $1.08 billion, down 2.4% year over year due to a 3.3% decline in loaded miles, with adjusted operating income falling 10.7% [3] - The Less-Than-Truckload (LTL) segment generated revenues of $298.50 million, up 7% year over year, with adjusted operating income decreasing by 4.8% [4] - Logistics segment revenues amounted to $159.97 million, down 4.8% year over year, with adjusted operating income decreasing 36.6% [5] - Intermodal revenues totaled $95.66 million, down 3.4% year over year, impacted by a 6% decrease in load count [6] Liquidity and Guidance - Knight-Swift ended the fourth quarter with cash and cash equivalents of $220.42 million, an increase from $192.67 million in the prior quarter, while long-term debt decreased to $1.02 billion from $1.05 billion [7] - For the first quarter of 2026, KNX expects adjusted earnings per share to be in the range of 28-32 cents, aligning with the higher end of the Zacks Consensus Estimate [8][10] - Truckload segment revenues are anticipated to decline slightly, while LTL segment revenues are expected to grow between 5% and 10% year over year [9]

Core Insights - The company is experiencing a generally stable truckload market with a lack of typical seasonal demand lift until late in the quarter, leading to lower truckload volumes than expected [2] - Despite a $125 million decline in truckload revenue, the company managed to grow adjusted operating income by $28 million through cost-cutting measures [1] - The company anticipates a stronger truckload market in 2026 due to capacity reductions and regulatory enforcement impacting lower-priced capacity [10][11] Financial Performance - In the fourth quarter, revenue excluding fuel surcharge decreased by 0.4%, and operating income declined by $51.5 million year-over-year, primarily due to noncash impairment charges of $52.9 million [15] - Adjusted operating income fell by 5.3% year-over-year, with GAAP earnings per diluted share showing a loss of $0.04 compared to a profit of $0.43 in the prior year [16] - The consolidated adjusted operating ratio was 94%, reflecting a 30 basis point increase year-over-year [16] Market Conditions - The truckload market is under pressure with a reduction in available capacity, which has led to a tightening spot market [2][12] - Regulatory enforcement has been a significant factor in reducing capacity, particularly affecting smaller carriers [11] - Market data trends indicate improved rejection rates and spot rates, suggesting potential for future growth [12][13] Operational Strategies - The company has made significant progress in cutting costs, maintaining cost per mile flat despite a 3.6% decline in miles [5][8] - Investments in technology and internal development are aimed at improving operational efficiency and revenue capture, with expected benefits to materialize in 2026 [9][28] - The company is focused on enhancing its network and operational capabilities to better position itself for earnings growth [6][9] Segment Performance - The LTL segment grew revenue by 7% year-over-year, although shipment growth was lower than previous quarters due to moderating demand [23] - The Logistics segment saw a revenue decline of 4.8% year-over-year, with gross margins pressured by sourcing difficulties [25] - The Intermodal segment improved its adjusted operating ratio by 140 basis points year-over-year, despite a revenue decline [29] Future Outlook - The company projects adjusted EPS for Q1 2026 to be in the range of $0.28 to $0.32, assuming stable conditions and seasonal trends [31] - There is optimism regarding the bid season, with expectations for improved contract rates as capacity continues to exit the market [62][65] - The company is prepared to leverage its scale and flexibility to capture opportunities as market conditions evolve [41][70]

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) reported downbeat earnings for its fourth quarter on Wednesday.The company posted quarterly earnings of 31 cents per share which missed the analyst consensus estimate of 36 cents per share. The company reported quarterly sales of $1.856 billion which missed the analyst consensus estimate of $1.900 billion.Knight-Swift said it sees first-quarter adjusted earnings of 28 cents to 32 cents per share, versus market estimates of 32 cents per share.Knight-Swift ...