Explore the Details: SPMD Shows Potential for 14% Growth
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
ETF Analysis: The SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) has an implied analyst target price of $63.49, indicating a potential upside of 14.03% from its current trading price of $55.68.
Notable Holdings: Key underlying holdings with significant upside include Knight-Swift Transportation (26.01% upside), Vail Resorts (17.27% upside), and Blackbaud, Inc. (16.31% upside).
Analyst Target Justification: There are questions regarding whether analysts' target prices are justified or overly optimistic, considering recent company and industry developments.
Investor Research Needed: Investors are encouraged to conduct further research to assess the validity of these targets and the potential for future price adjustments.
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Analyst Views on KNX
Wall Street analysts forecast KNX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KNX is 58.23 USD with a low forecast of 47.00 USD and a high forecast of 70.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
10 Buy
3 Hold
0 Sell
Strong Buy
Current: 55.570
Low
47.00
Averages
58.23
High
70.00
Current: 55.570
Low
47.00
Averages
58.23
High
70.00
About KNX
Knight-Swift Transportation Holdings Inc. is a diversified freight transportation company. The Company is engaged in providing multiple truckload transportation and logistics services as well as less-than-truckload (LTL) services. It uses a nationwide network of business units and terminals in the United States and Mexico to serve customers throughout North America. The Truckload segment consists of an irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations. The LTL segment operates approximately 3,569 tractors and 9,564 trailers and includes national coverage to customers by utilizing partner carriers for areas outside of its direct network. Logistics and Intermodal segments provide a multitude of shipping solutions, including additional sources of truckload capacity and alternative transportation modes, by utilizing its network of third-party capacity providers and rail providers, as well as certain logistics and freight management services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Knight-Swift Reports Q4 Earnings Miss with 31 Cents per Share
- Disappointing Earnings: Knight-Swift's Q4 earnings of 31 cents per share fell short of the analyst consensus estimate of 36 cents, indicating challenges in profitability that may affect investor confidence.
- Sales Miss: The company reported quarterly sales of $1.856 billion, missing the analyst consensus estimate of $1.900 billion, reflecting weak market demand that could lead to future performance declines.
- Cautious Guidance: Knight-Swift projects first-quarter adjusted earnings between 28 to 32 cents per share, below the market estimate of 32 cents, indicating a cautious outlook on future market conditions.
- Analyst Target Adjustments: Following the earnings announcement, several analysts adjusted their price targets for Knight-Swift, with Stifel lowering its target from $63 to $61, reflecting concerns about the company's future performance.
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Knight-Swift Reports Q4 Net Loss of $6.8M, Adjusted EPS at $0.31
- Financial Decline: Knight-Swift reported a net loss of $6.8 million for Q4, translating to a loss of $0.04 per share, a stark contrast to last year's net income of $69.5 million and earnings of $0.43 per share, indicating challenges faced during brand integration.
- Impairment Charges Impact: The latest results included $52.9 million in non-cash impairment charges primarily related to goodwill and intangible assets, reflecting financial pressures stemming from the company's brand consolidation decision.
- Slight Revenue Decrease: Total quarterly revenue was $1.856 billion, down from $1.864 billion in the prior year, suggesting that soft market demand may have impacted the company's revenue growth.
- Cautious Future Outlook: The company expects adjusted earnings per share to range from $0.28 to $0.32 for Q1 2026, below analysts' expectations of $0.31, indicating uncertainty regarding future performance.
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