Knight Transportation Stock Short Ratio

KNX Stock

USD 47.07 0.17 0.36%

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.

Short Long Term Debt Total Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Knight Transportation Company Short Ratio Analysis

Knight Transportation's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Short Ratio

Short Interest

Average Trading Volume

More About Short Ratio | All Equity Analysis

Current Knight Transportation Short Ratio

1.79 X

Most of Knight Transportation's fundamental indicators, such as Short Ratio, 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 Short Ratio 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 Short Ratio. 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.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Long Term Debt	Property Plant Equipment	Good Will	Intangible Assets	Short Term Investments	Net Tangible Assets	Total Permanent Equity	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.96	0.96	0.93	0.99	0.98	0.99	0.73	0.74	0.96	0.53	0.96	0.99	0.99	0.01	0.97	0.97	0.0	0.89	0.92	-0.61	-0.32	0.72	0.92	0.82	-0.45	-0.69
Total Stockholder Equity	0.99		0.91	0.93	0.87	0.98	0.94	0.96	0.65	0.81	0.98	0.45	0.93	1.0	0.98	0.08	0.97	0.99	-0.08	0.94	0.93	-0.54	-0.33	0.67	0.91	0.76	-0.41	-0.61
Net Debt	0.96	0.91		0.97	0.98	0.97	0.98	0.98	0.77	0.59	0.86	0.65	0.95	0.92	0.94	-0.12	0.89	0.87	0.23	0.78	0.86	-0.72	-0.25	0.75	0.9	0.92	-0.37	-0.75
Retained Earnings	0.96	0.93	0.97		0.96	0.97	0.98	0.98	0.76	0.63	0.86	0.64	0.99	0.92	0.93	-0.12	0.94	0.88	0.15	0.79	0.88	-0.79	-0.22	0.79	0.91	0.91	-0.39	-0.76
Accounts Payable	0.93	0.87	0.98	0.96		0.94	0.99	0.97	0.82	0.5	0.82	0.68	0.95	0.88	0.91	-0.15	0.87	0.83	0.19	0.71	0.81	-0.71	-0.29	0.73	0.83	0.9	-0.48	-0.82
Net Receivables	0.99	0.98	0.97	0.97	0.94		0.97	0.99	0.69	0.74	0.93	0.57	0.96	0.98	0.98	0.04	0.95	0.95	0.08	0.88	0.91	-0.64	-0.35	0.68	0.92	0.84	-0.35	-0.68
Total Liab	0.98	0.94	0.98	0.98	0.99	0.97		0.99	0.81	0.61	0.9	0.63	0.97	0.94	0.96	-0.1	0.93	0.91	0.1	0.8	0.87	-0.68	-0.3	0.75	0.89	0.88	-0.5	-0.78
Total Current Assets	0.99	0.96	0.98	0.98	0.97	0.99	0.99		0.75	0.68	0.92	0.61	0.98	0.96	0.97	-0.04	0.95	0.93	0.1	0.84	0.9	-0.68	-0.32	0.73	0.91	0.88	-0.41	-0.73
Short Term Debt	0.73	0.65	0.77	0.76	0.82	0.69	0.81	0.75		0.31	0.61	0.54	0.78	0.66	0.69	-0.29	0.7	0.63	-0.02	0.48	0.6	-0.57	-0.15	0.76	0.66	0.67	-0.81	-0.73
Common Stock	0.74	0.81	0.59	0.63	0.5	0.74	0.61	0.68	0.31		0.8	0.18	0.67	0.79	0.76	0.34	0.76	0.82	-0.23	0.91	0.83	-0.21	-0.31	0.33	0.74	0.43	-0.19	-0.09
Current Deferred Revenue	0.96	0.98	0.86	0.86	0.82	0.93	0.9	0.92	0.61	0.8		0.36	0.85	0.99	0.97	0.11	0.94	0.99	-0.14	0.95	0.9	-0.4	-0.35	0.61	0.87	0.67	-0.44	-0.55
Long Term Debt	0.53	0.45	0.65	0.64	0.68	0.57	0.63	0.61	0.54	0.18	0.36		0.64	0.45	0.54	-0.25	0.43	0.39	0.48	0.28	0.41	-0.62	-0.13	0.51	0.48	0.71	-0.19	-0.63
Property Plant Equipment	0.96	0.93	0.95	0.99	0.95	0.96	0.97	0.98	0.78	0.67	0.85	0.64		0.92	0.93	-0.08	0.94	0.88	0.06	0.78	0.87	-0.74	-0.28	0.76	0.88	0.87	-0.45	-0.75
Good Will	0.99	1.0	0.92	0.92	0.88	0.98	0.94	0.96	0.66	0.79	0.99	0.45	0.92		0.99	0.08	0.96	0.99	-0.06	0.94	0.92	-0.51	-0.35	0.66	0.91	0.75	-0.42	-0.61
Intangible Assets	0.99	0.98	0.94	0.93	0.91	0.98	0.96	0.97	0.69	0.76	0.97	0.54	0.93	0.99		-0.01	0.93	0.97	0.02	0.91	0.91	-0.53	-0.3	0.68	0.9	0.78	-0.42	-0.65
Short Term Investments	0.01	0.08	-0.12	-0.12	-0.15	0.04	-0.1	-0.04	-0.29	0.34	0.11	-0.25	-0.08	0.08	-0.01		0.09	0.15	-0.46	0.18	-0.02	0.31	-0.76	-0.52	-0.11	-0.29	0.2	0.29
Net Tangible Assets	0.97	0.97	0.89	0.94	0.87	0.95	0.93	0.95	0.7	0.76	0.94	0.43	0.94	0.96	0.93	0.09		0.96	-0.16	0.89	0.9	-0.61	-0.35	0.7	0.88	0.75	-0.49	-0.65
Total Permanent Equity	0.97	0.99	0.87	0.88	0.83	0.95	0.91	0.93	0.63	0.82	0.99	0.39	0.88	0.99	0.97	0.15	0.96		-0.17	0.95	0.9	-0.43	-0.38	0.6	0.87	0.67	-0.45	-0.56
Long Term Debt Total	0.0	-0.08	0.23	0.15	0.19	0.08	0.1	0.1	-0.02	-0.23	-0.14	0.48	0.06	-0.06	0.02	-0.46	-0.16	-0.17		-0.09	0.11	-0.45	0.39	0.22	0.19	0.5	0.42	-0.05
Capital Surpluse	0.89	0.94	0.78	0.79	0.71	0.88	0.8	0.84	0.48	0.91	0.95	0.28	0.78	0.94	0.91	0.18	0.89	0.95	-0.09		0.95	-0.36	-0.27	0.53	0.88	0.64	-0.33	-0.31
Deferred Long Term Liab	0.92	0.93	0.86	0.88	0.81	0.91	0.87	0.9	0.6	0.83	0.9	0.41	0.87	0.92	0.91	-0.02	0.9	0.9	0.11	0.95		-0.59	-0.13	0.69	0.95	0.82	-0.34	-0.41
Accumulated Depreciation	-0.61	-0.54	-0.72	-0.79	-0.71	-0.64	-0.68	-0.68	-0.57	-0.21	-0.4	-0.62	-0.74	-0.51	-0.53	0.31	-0.61	-0.43	-0.45	-0.36	-0.59		-0.1	-0.76	-0.68	-0.88	0.13	0.65
Long Term Investments	-0.32	-0.33	-0.25	-0.22	-0.29	-0.35	-0.3	-0.32	-0.15	-0.31	-0.35	-0.13	-0.28	-0.35	-0.3	-0.76	-0.35	-0.38	0.39	-0.27	-0.13	-0.1		0.22	-0.05	-0.01	0.13	0.24
Short Long Term Debt	0.72	0.67	0.75	0.79	0.73	0.68	0.75	0.73	0.76	0.33	0.61	0.51	0.76	0.66	0.68	-0.52	0.7	0.6	0.22	0.53	0.69	-0.76	0.22		0.8	0.77	-0.52	-0.68
Cash And Equivalents	0.92	0.91	0.9	0.91	0.83	0.92	0.89	0.91	0.66	0.74	0.87	0.48	0.88	0.91	0.9	-0.11	0.88	0.87	0.19	0.88	0.95	-0.68	-0.05	0.8		0.85	-0.35	-0.5
Net Invested Capital	0.82	0.76	0.92	0.91	0.9	0.84	0.88	0.88	0.67	0.43	0.67	0.71	0.87	0.75	0.78	-0.29	0.75	0.67	0.5	0.64	0.82	-0.88	-0.01	0.77	0.85		-0.23	-0.66
Net Working Capital	-0.45	-0.41	-0.37	-0.39	-0.48	-0.35	-0.5	-0.41	-0.81	-0.19	-0.44	-0.19	-0.45	-0.42	-0.42	0.2	-0.49	-0.45	0.42	-0.33	-0.34	0.13	0.13	-0.52	-0.35	-0.23		0.48
Capital Stock	-0.69	-0.61	-0.75	-0.76	-0.82	-0.68	-0.78	-0.73	-0.73	-0.09	-0.55	-0.63	-0.75	-0.61	-0.65	0.29	-0.65	-0.56	-0.05	-0.31	-0.41	0.65	0.24	-0.68	-0.5	-0.66	0.48

Click cells to compare fundamentals

The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.

Competition

Predict Knight Transportation

Knight Price To Sales Ratio

Price To Sales Ratio

1.24

At this time, Knight Transportation's Price To Sales Ratio is fairly stable compared to the past year.

Based on the latest financial disclosure, Knight Transportation has a Short Ratio of 1.79 times. This is 65.84% lower than that of the Ground Transportation sector and 82.89% lower than that of the Industrials industry. The short ratio for all United States stocks is 55.25% higher than that of the company.

Knight Short Ratio 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 Short Ratio 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 short ratio category among related companies.

Knight Transportation Institutional Holders

Institutional Holdings refers to the ownership stake in Knight Transportation that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Knight Transportation's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Knight Transportation's value.

		Shares
Geode Capital Management, Llc		2.5 M
Jpmorgan Chase & Co	2023-12-31	2.5 M
Alliancebernstein L.p.	2023-12-31	1.9 M
Anomaly Capital Management, Lp	2023-12-31	1.9 M
Ensign Peak Advisors Inc	2023-12-31	1.8 M
Bank Of New York Mellon Corp	2023-12-31	1.6 M
Ceredex Value Advisors Llc	2023-12-31	1.6 M
Steadfast Capital Management Llc	2023-12-31	1.5 M
Northern Trust Corp	2023-12-31	1.3 M
Blackrock Inc	2023-12-31	16 M
Wellington Management Company Llp	2023-12-31	15.7 M

Knight Fundamentals

	Return On Equity	0.0154
	Return On Asset	0.0097
	Profit Margin	0.01 %
	Operating Margin	0.01 %
	Current Valuation	10.62 B
	Shares Outstanding	161.61 M
	Shares Owned By Insiders	3.12 %
	Shares Owned By Institutions	90.42 %
	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	43.67 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	56.27
	Number Of Employees	34.3 K
	Beta	1.0
	Market Capitalization	7.61 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Knight Transportation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Knight Transportation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Knight Transportation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Knight Transportation Stock:

How To Invest In Knight

Details

Is Knight Stock a good investment?

Details

What is Knight Transportation's Net Worth?

Details

Largest Ground Transportation Companies

View

Largest Transportation Companies

View

Check 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 Global Correlations module to find global opportunities by holding instruments from different markets.

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.

	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
	ETFs Find actively traded Exchange Traded Funds (ETF) from around the world
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Content Syndication Quickly integrate customizable finance content to your own investment portal
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios
	Portfolio Anywhere Track or share privately all of your investments from the convenience of any device
	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Knight Transportation Stock Short Ratio

Knight Transportation Company Short Ratio Analysis

Short Ratio

Short Interest

Average Trading Volume

Current Knight Transportation Short Ratio

Knight Short Ratio Driver Correlations

Knight Price To Sales Ratio

Price To Sales Ratio

1.24

Knight Short Ratio Peer Comparison

Knight Transportation Institutional Holders

Knight Fundamentals

About Knight Transportation Fundamental Analysis

Knight Transportation Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Knight Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY