Taking a Look at the Data Behind Swift Transportation Company (SWFT)

Swift Transportation Company (SWFT) is an interesting player in the Services space, with a focus on Trucking. The stock has been active on the tape, currently trading at $21.28, up from yesterday’s close by 0.95%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Money managers are always interested in a company that can find the right recipe of fundamental data because it reflects something important going on underneath the surface. Swift Transportation Company (SWFT) currently trades with a market capitalization of $2.79 Billion. That value represents a market adjusting for revenues that have been falling by -4.70 % on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For SWFT, the company currently has $146.44 Million of cash on the books, which is offset by $80.93 Million current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $226.86 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.15 on a per share basis this quarter. Perhaps, that suggests something about why 0.06% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Swift Transportation Company recorded a 52-week high of $27.18. It is now trading 5.9% off that level. The stock is trading $23.09 its 50-day moving average by 1.81%. The stock carved out a 52-week low down at $14.31.

In recent action, Swift Transportation Company (SWFT) has made a move of -5.38% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is outperforming the S&P 500 by 16.59, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 32.69% with $71.36 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of SWFT.

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