Swift Transportation Company Cl (NYSE:SWFT):
SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Swift Transportation Company for Potential Breaches Of Fiduciary Duty By Its Board of Directors.
The company is now down from yesterday’s close of $22.415.
The stock is trading at $22.29 slightly over the 50 day moving average of $20.94 and which is slightly above the 200 day moving average of $18.19. The 50 day moving average was up $1.35 and the 200 day average went up by +22.55%.
The company currently has a P/E ratio of 16.51 and the market cap is 2.96B. As of the last earnings report the EPS was $1.35 and is expected to be $1.36 for the current year with 132,929,000 shares presently outstanding. Analysts expect next quarter’s EPS to be $0.24 and the next full year EPS is anticipated to be $1.51.
A few brokerage firms have released ratings on Swift Transportation Company Cl recently. On October 25 the company was upgraded from “Neutral” to “Buy” by UBS. On October 24 analysts at Aegis Capital starting coverage on SWFT giving it an initial rating of “Buy”.
September 12 investment analysts at Citigroup held the stock rating at “Buy” and raised the price target from $20.00 to $24.00. On September 12 Barclays maintained a company rating of “Overweight” and raised the price expectation to $24.00 from $18.00.
On July 25 UBS left the company rating at “Neutral” and moved up the price target to $19.50 from $17.00. On July 20 Deutsche Bank made no change to the stock rating of “Buy” but lowered the price target from $20.00 to $19.00.