The shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) has been pegged with a rating of Neutral by UBS in its latest research note that was published on December 4th, 2018. UBS wasn’t the only research firm that published a report of Knight-Swift Transportation Holdings Inc., with other equities research analysts also giving their opinion on the stock. Goldman advised investors in its research note published on November 8th, 2018, to Buy the KNX stock. The stock had earned Overweight rating from Barclays when it published its report on July 16th, 2018. That day the Barclays set price target on the stock to $55. The stock was given Buy rating by Stifel in its report released on May 21st, 2018, the day when the price target on the stock was placed at $48. Goldman was of a view that KNX is Neutral in its latest report on April 10th, 2018 while giving it a price target of $47. Barclays thinks that KNX is worth Equal Weight rating. This was contained in the firm’s report on February 5th, 2018 in which the stock’s price target was also moved to $55.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 6 believe it has the potential for further growth, thus rating it as Hold while 3 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $41.76. The price of the stock the last time has raised by 38.50% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 44.59.
The shares of the company added by 1.13% during the trading session on Thursday, reaching a low of $31.58 while ending the day at $32.23. During the trading session, a total of 2.84 million shares were traded which represents a -25.18% decline from the average session volume which is 2.27M shares. KNX had ended its last session trading at 31.87. Knight-Swift Transportation Holdings Inc. currently has a market cap of $5.71B, while its P/E ratio stands at 13.65, while its P/E earnings growth sits at 1.07, with a beta of 1.93. Knight-Swift Transportation Holdings Inc. debt-to-equity ratio currently stands at 0.17, while its quick ratio hovers at . KNX 52-week low price stands at $23.27 while its 52-week high price is $50.13.
The company in its last quarterly report recorded $0.42 earnings per share which is above the $0.41 predicted by most analysts. The Knight-Swift Transportation Holdings Inc. generated $268.61 million in revenue during the last quarter, which is slightly lower than the $669.70 million predicted by analysts. In the second quarter last year, the firm recorded $0.34 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 19.05%. Knight-Swift Transportation Holdings Inc. has the potential to record 2.36 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Wolfe Research published a research note on March 8th, 2019 where it informed investors and clients that Valero Energy Corporation (NYSE:VLO) is now rated as Outperform. Goldman also rated VLO as Upgrade on November 8th, 2018, with its price target of $29 suggesting that VLO could surge by 19.13% from its current share price. Even though the stock has been trading at $86.44/share, analysts expect it to surge higher by -0.07% to reach $106.82/share. It started the day trading at $87.64 and traded between $86.22 and $86.38 throughout the trading session.
A look at its technical shows that VLO’s 50-day SMA is 82.92 while its 200-day SMA stands at 97.06. The stock has a high of $126.98 for the year while the low is $68.81. The company’s P/E ratio currently sits at 11.92, while the P/B ratio is 1.67. At the moment, only of Valero Energy Corporation shares were sold short. The company’s average trading volume currently stands at 4.06M shares, which means that the short-interest ratio is just 1.69 days. Over the past seven days, the company moved, with its shift of 1.70%. Looking further, the stock has raised 21.56% over the past 90 days while it lost -25.10% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc sold more VLO shares, decreasing its portfolio by -0.41% during the last quarter. This move now sees The Vanguard Group Inc selling -138,346 shares in the last quarter, thus it now holds 33,245,871 shares of VLO, with a total valuation of $2,711,533,239. BlackRock Fund Advisors meanwhile sold more VLO shares in the recently filed quarter, changing its stake to $1,836,216,312 worth of shares. SSgA Funds Management Inc followed the path by decreasing its VLO portfolio by -2.04% in the quarter. This means that SSgA Funds Management Inc sold -466,663 shares in the last quarter and now controls 22,367,091 shares of the VLO stock, with the valuation hitting $1,824,259,942.
Similarly, AQR Capital Management LLC decreased its Valero Energy Corporation shares by -2.93% during the recently filed quarter. After selling -245,418 shares in the last quarter, the firm now controls 8,125,679 shares of Valero Energy Corporation which are valued at $662,730,379. In the same vein, Columbia Management Investment Ad increased its Valero Energy Corporation shares by during the most recent reported quarter. The firm bought 617,397 shares during the quarter which increased its stakes to 7,756,299 shares and is now valued at $632,603,746. Following these latest developments, around 0.30% of Valero Energy Corporation stocks are owned by institutional investors and hedge funds.