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FINWIRES

Research Alert: CFRA Keeps Sell Opinion On Shares Of Knight-swift Transportation Holdings Inc.

-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month price target by $13 to $47, using a forward P/E of 15.6x our 2027 EPS estimate, a premium to the five-year historical average, as an EPS and market recovery more than offset weak margins and macroeconomic uncertainty. We raise our 2026 EPS estimate by $0.10 to $1.76 and our 2027 estimate by $0.57 to $3.02. KNX has demonstrated operational progress through seven straight quarters of improving tractor utilization, meaningful cost structure improvements, and advantages from its scale and diversified brand platform. However, the stock's valuation appears stretched, at 46% above its five-year average forward P/E multiple. This premium seems difficult to justify given Q1's weak performance: earnings declined Y/Y, margins remained weak, and revenue grew just 1%. While we anticipate strong EPS growth in 2026-2027, this largely represents a rebound from depressed levels rather than expansion into new territory, and we do not foresee earnings returning to the peak 2021-2022 levels in the near term.

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