Posted On: 04/26/2015 8:20:29 PM
Post# of 617763
Knight Transporation EPS Forecast just raised. The catalyst that can drive Knight Transportation stock, and the entire trucking industry, higher, is that an increase in consumer spending and improved new home starts, will push the earnings of trucking stocks higher.
The forward P/E of 18.5 suggests the company is fairly priced in relation to its earnings. Knight Transportation stock trades with a hot PEG ratio of 1.26 which suggests growth can be purchased at a premium right now.
Knight Transportation stock chart shows a dirty Ascending Triangle pattern:
Source: Knight Transportation Stock EPS Forecast Just Raised
The forward P/E of 18.5 suggests the company is fairly priced in relation to its earnings. Knight Transportation stock trades with a hot PEG ratio of 1.26 which suggests growth can be purchased at a premium right now.
Knight Transportation stock chart shows a dirty Ascending Triangle pattern:
Source: Knight Transportation Stock EPS Forecast Just Raised
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