Swift Transportation Co (NYSE:SWFT) updated its FY16 earnings guidance on Monday. The company provided earnings per share guidance of $1.50-1.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.55, AnalystRatingsNetwork.com reports.

SWFT has been the subject of a number of recent research reports. KeyBanc dropped their target price on Swift Transportation from $23.00 to $17.00 and set an overweight rating for the company in a report on Tuesday, January 12th. Bank of America cut Swift Transportation from a buy rating to a neutral rating and dropped their target price for the stock from $21.00 to $17.00 in a report on Wednesday, December 2nd. Avondale Partners cut Swift Transportation from an outperform rating to a market perform rating and dropped their target price for the stock from $23.00 to $17.50 in a report on Friday, October 30th. Deutsche Bank reiterated a buy rating on shares of Swift Transportation in a report on Sunday, November 1st. Finally, Cowen and Company reiterated a buy rating on shares of Swift Transportation in a report on Tuesday, September 29th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Swift Transportation presently has an average rating of Buy and a consensus price target of $19.54.

Shares of Swift Transportation Co (NYSE:SWFT) opened at 13.67 on Tuesday. The firm’s 50-day moving average price is $13.51 and its 200-day moving average price is $17.43. Swift Transportation Co has a 12 month low of $11.74 and a 12 month high of $28.90. The company has a market capitalization of $1.95 billion and a price-to-earnings ratio of 10.77.

Swift Transportation (NYSE:SWFT) last announced its earnings results on Monday, January 25th. The company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.06. During the same period in the previous year, the company earned $0.55 EPS. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.12 billion. Swift Transportation’s revenue was down 4.4% compared to the same quarter last year. Equities research analysts expect that Swift Transportation Co will post $1.44 EPS for the current year.

Swift Transportation Company (NYSE:SWFT) is a multi-faceted transportation services company, operating the fleet of truckload equipment in North America from over 40 terminals near key freight centers and traffic lanes. The Company operates in four segments: Truckload, which consists of one way movements over irregular routes throughout the United States Mexico and Canada; Dedicated, through which, the Company devotes use of equipment to specific customers and offers tailored solutions under long-term contracts; Central Refrigerated, which represents the core operations of Central and primarily consists of shipments for customers that require temperature-controlled trailers, and Intermodal segment, which includes revenue generated by moving freight over the rail in the Company’s containers and other trailing equipment, combined with revenue for drayage to transport loads between the railheads and customer locations.

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