Capital Product Partners L.P. (CPLP) At $3.07 Forms Bottom; 11 Analysts Bullish Knight-Swift Transportation Holdings Inc. (KNX)

June 21, 2018 - By Peter Erickson

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Logo

Among 22 analysts covering Knight Transportation (NYSE:KNX), 11 have Buy rating, 2 Sell and 9 Hold. Therefore 50% are positive. Knight Transportation had 80 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Longbow given on Friday, December 4. Cowen & Co maintained Knight-Swift Transportation Holdings Inc. (NYSE:KNX) on Thursday, October 22 with “Outperform” rating. The rating was upgraded by Bank of America on Monday, February 22 to “Buy”. Stifel Nicolaus maintained Knight-Swift Transportation Holdings Inc. (NYSE:KNX) rating on Thursday, September 28. Stifel Nicolaus has “Hold” rating and $40.0 target. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, October 22. Cowen & Co maintained it with “Market Perform” rating and $29 target in Thursday, January 26 report. The stock of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) earned “Overweight” rating by Morgan Stanley on Wednesday, December 13. Barclays Capital maintained it with “Underweight” rating and $37 target in Monday, October 2 report. On Tuesday, June 21 the stock rating was downgraded by Bank of America to “Neutral”. The company was downgraded on Friday, December 16 by Stifel Nicolaus. See Knight-Swift Transportation Holdings Inc. (NYSE:KNX) latest ratings:

21/05/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Buy Old Target: $48 Upgrade
26/04/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $62 New Target: $63 Maintain
26/04/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $46 New Target: $45 Maintain
26/04/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $52 New Target: $53 Maintain
10/04/2018 Broker: Robert W. Baird Rating: Buy New Target: $58.0000 Maintain
10/04/2018 Broker: Goldman Sachs Rating: Neutral New Target: $47 Initiates Coverage On
06/04/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $48 Maintain
28/02/2018 Broker: Robert W. Baird Rating: Buy New Target: $60.0 Maintain
01/02/2018 Broker: Barclays Capital Old Rating: Underweight New Rating: Underweight Old Target: $47 New Target: $50 Maintain
31/01/2018 Broker: Seaport Global Rating: Buy New Target: $60.0 Maintain

Capital Product Partners L.P. (CPLP) formed multiple bottom with $2.94 target or 4.00% below today’s $3.07 share price. Capital Product Partners L.P. (CPLP) has $397.49M valuation. The stock decreased 0.16% or $0.005 during the last trading session, reaching $3.065. About 136,948 shares traded. Capital Product Partners L.P. (NASDAQ:CPLP) has declined 7.44% since June 21, 2017 and is downtrending. It has underperformed by 20.01% the S&P500. Some Historical CPLP News: 30/04/2018 – CAPITAL PRODUCT 1Q EPU 2C; 18/04/2018 – Capital Product Partners L.P. Announces Cash Distribution; 30/04/2018 – Capital Product Partners 1Q EPS 2c; 30/04/2018 – Capital Product Partners 1Q Rev $65.5M; 07/05/2018 – Capital Product Partners L.P. Completes Acquisition Of The M/T ‘Anikitos’; 30/04/2018 – CAPITAL PRODUCT 1Q REV. $65.5M, EST. $58.9M; 05/03/2018 Capital Product Partners L.P. Announces Filing of Form 20-F With the SEC

More news for Knight-Swift Transportation Holdings Inc. (NYSE:KNX) were recently published by: Seekingalpha.com, which released: “Tesla Semi: Losing Appeal To Rivals” on June 18, 2018. Seekingalpha.com‘s article titled: “US Xpress prices IPO at $16/share” and published on June 13, 2018 is yet another important article.

Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation and logistics services in North America. The company has market cap of $7.43 billion. The company's suite of services includes irregular route, dedicated, expedited, port drayage, and cross-border services in the United State/Mexico/Canada through dry van, refrigerated, flatbed and specialized trailers, and intermodal containers. It has a 10.51 P/E ratio. It also provides rail intermodal and non-asset based freight brokerage, and logistics management services; and sells various used trucks and trailers, as well as offers a range of financing options.

The stock decreased 0.43% or $0.18 during the last trading session, reaching $41.67. About 612,054 shares traded. Knight-Swift Transportation Holdings Inc. (NYSE:KNX) has risen 19.36% since June 21, 2017 and is uptrending. It has outperformed by 6.79% the S&P500. Some Historical KNX News: 26/04/2018 – KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC KNX.N : JP MORGAN RAISES TARGET PRICE TO $53 FROM $52; 24/04/2018 – Knight-Swift Closes Below 200-Day Moving Average: Technicals; 25/04/2018 – Knight-Swift Transport 1Q Net $70.4M; 25/04/2018 – Knight-Swift Transport 1Q Adj EPS 44c; 17/05/2018 – Knight-Swift Transportation Holdings Inc. Announces Participation in Upcoming Conference; 11/04/2018 – Officer/Dir Knight Gifts 794 Of Knight-Swift Transportation HLDGS Inc-Amended; 23/03/2018 – Knight-Swift Closes Below 50-Day Moving Average: Technicals; 16/03/2018 – KNIGHT-SWIFT TRANSPORTATION – UNIT ACQUIRED ALL OF ISSUED AND OUTSTANDING EQUITY INTERESTS OF ABILENE MOTOR EXPRESS; 25/04/2018 – Freight volumes, pricing lift U.S. trucker Knight-Swift’s profit; 16/03/2018 – Knight-Swift Buys Trucker Abilene Motor Express

Investors sentiment increased to 2 in 2018 Q1. Its up 1.33, from 0.67 in 2017Q4. It is positive, as 0 investors sold Knight-Swift Transportation Holdings Inc. shares while 1 reduced holdings. 2 funds opened positions while 0 raised stakes. 922,244 shares or 38.56% less from 1.50 million shares in 2017Q4 were reported. Artemis Invest Management Llp accumulated 747,884 shares. Prudential Pcl holds 0% or 4,500 shares in its portfolio. 105 are owned by Gemmer Asset Management Ltd Liability Co.

Analysts await Capital Product Partners L.P. (NASDAQ:CPLP) to report earnings on July, 27. They expect $0.04 EPS, down 33.33% or $0.02 from last year’s $0.06 per share. CPLP’s profit will be $5.19M for 19.16 P/E if the $0.04 EPS becomes a reality. After $0.02 actual EPS reported by Capital Product Partners L.P. for the previous quarter, Wall Street now forecasts 100.00% EPS growth.

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Ratings Chart

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