Knight Transportation Stock Cash Per Share
KNX Stock | USD 46.86 0.03 0.06% |
Knight Transportation fundamentals help investors to digest information that contributes to Knight Transportation's financial success or failures. It also enables traders to predict the movement of Knight Stock. The fundamental analysis module provides a way to measure Knight Transportation's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Knight Transportation stock.
Last Reported | Projected for Next Year | ||
Cash Per Share | 2.89 | 3.04 |
Knight | Cash Per Share |
Knight Transportation Company Cash Per Share Analysis
Knight Transportation's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Knight Transportation Cash Per Share | 1.21 X |
Most of Knight Transportation's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Knight Transportation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Knight Cash Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Knight Transportation is extremely important. It helps to project a fair market value of Knight Stock properly, considering its historical fundamentals such as Cash Per Share. Since Knight Transportation's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Knight Transportation's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Knight Transportation's interrelated accounts and indicators.
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Knight Cash Per Share Historical Pattern
Today, most investors in Knight Transportation Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Knight Transportation's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Knight Transportation cash per share as a starting point in their analysis.
Knight Transportation Cash Per Share |
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Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition |
Knight Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, Knight Transportation has a Cash Per Share of 1.21 times. This is 58.13% lower than that of the Ground Transportation sector and 227.03% higher than that of the Industrials industry. The cash per share for all United States stocks is 75.85% higher than that of the company.
Knight Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Knight Transportation's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Knight Transportation could also be used in its relative valuation, which is a method of valuing Knight Transportation by comparing valuation metrics of similar companies.Knight Transportation is currently under evaluation in cash per share category among related companies.
Knight Fundamentals
Return On Equity | 0.0154 | ||||
Return On Asset | 0.0089 | ||||
Profit Margin | 0.01 % | ||||
Operating Margin | 0.02 % | ||||
Current Valuation | 10.58 B | ||||
Shares Outstanding | 161.01 M | ||||
Shares Owned By Insiders | 3.13 % | ||||
Shares Owned By Institutions | 90.65 % | ||||
Number Of Shares Shorted | 3.32 M | ||||
Price To Earning | 10.15 X | ||||
Price To Book | 1.16 X | ||||
Price To Sales | 1.15 X | ||||
Revenue | 7.14 B | ||||
Gross Profit | 2.41 B | ||||
EBITDA | 1.08 B | ||||
Net Income | 217.15 M | ||||
Cash And Equivalents | 196.77 M | ||||
Cash Per Share | 1.21 X | ||||
Total Debt | 2.67 B | ||||
Debt To Equity | 0.30 % | ||||
Current Ratio | 1.62 X | ||||
Book Value Per Share | 43.69 X | ||||
Cash Flow From Operations | 1.16 B | ||||
Short Ratio | 1.79 X | ||||
Earnings Per Share | 0.68 X | ||||
Price To Earnings To Growth | 0.78 X | ||||
Target Price | 56.67 | ||||
Number Of Employees | 34.3 K | ||||
Beta | 1.0 | ||||
Market Capitalization | 7.55 B | ||||
Total Asset | 12.87 B | ||||
Retained Earnings | 2.66 B | ||||
Working Capital | (116.27 M) | ||||
Current Asset | 244.11 M | ||||
Current Liabilities | 80.02 M | ||||
Annual Yield | 0.01 % | ||||
Five Year Return | 0.73 % | ||||
Net Asset | 12.87 B | ||||
Last Dividend Paid | 0.58 |
About Knight Transportation Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Knight Transportation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Knight Transportation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Knight Transportation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Knight Transportation Investors Sentiment
The influence of Knight Transportation's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Knight. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Knight Transportation's public news can be used to forecast risks associated with an investment in Knight. The trend in average sentiment can be used to explain how an investor holding Knight can time the market purely based on public headlines and social activities around Knight Transportation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Knight Transportation's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Knight Transportation's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Knight Transportation's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Knight Transportation.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Knight Transportation in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Knight Transportation's short interest history, or implied volatility extrapolated from Knight Transportation options trading.
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Try AI Portfolio ArchitectCheck out Knight Transportation Piotroski F Score and Knight Transportation Altman Z Score analysis. For more information on how to buy Knight Stock please use our How to Invest in Knight Transportation guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Knight Stock analysis
When running Knight Transportation's price analysis, check to measure Knight Transportation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Knight Transportation is operating at the current time. Most of Knight Transportation's value examination focuses on studying past and present price action to predict the probability of Knight Transportation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Knight Transportation's price. Additionally, you may evaluate how the addition of Knight Transportation to your portfolios can decrease your overall portfolio volatility.
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Is Knight Transportation's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Knight Transportation. If investors know Knight will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Knight Transportation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.69) | Dividend Share 0.58 | Earnings Share 0.68 | Revenue Per Share 45.416 | Quarterly Revenue Growth 0.113 |
The market value of Knight Transportation is measured differently than its book value, which is the value of Knight that is recorded on the company's balance sheet. Investors also form their own opinion of Knight Transportation's value that differs from its market value or its book value, called intrinsic value, which is Knight Transportation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Knight Transportation's market value can be influenced by many factors that don't directly affect Knight Transportation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Knight Transportation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Knight Transportation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Knight Transportation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.