A share price of Knife River Corp [KNF] is currently trading at $79.52, up 0.68%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The KNF shares have gain 4.21% over the last week, with a monthly amount glided 15.90%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Knife River Corp [NYSE: KNF] stock has seen the most recent analyst activity on June 18, 2024, when Stephens initiated its Overweight rating and assigned the stock a price target of $85. Previously, Oppenheimer reaffirmed its Outperform rating on March 22, 2024, and elevated its price target to $85. On March 08, 2024, Wolfe Research initiated with a Peer Perform rating. Loop Capital started tracking the stock assigning a Buy rating and suggested a price target of $81 on February 13, 2024. BofA Securities initiated its recommendation with a Buy and recommended $81 as its price target on January 05, 2024. Siebert Williams Shank reiterated a Buy rating for this stock on December 26, 2023, and upped its price target to $76. In a note dated August 15, 2023, Oppenheimer initiated an Outperform rating and provided a target price of $65 on this stock.
Knife River Corp experienced fluctuations in its stock price throughout the past year between $42.72 and $83.78. Currently, Wall Street analysts expect the stock to reach $87 within the next 12 months. Knife River Corp [NYSE: KNF] shares were valued at $79.52 at the most recent close of the market. An investor can expect a potential return of 9.41% based on the average KNF price forecast.
Analyzing the KNF fundamentals
Trailing Twelve Months sales for Knife River Corp [NYSE:KNF] were 2.85B which represents 7.04% growth. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.15 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.57.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 78.79 points at the first support level, and at 78.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 80.80, and for the 2nd resistance point, it is at 82.09.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Knife River Corp [NYSE:KNF] is 2.75. In addition, the Quick Ratio stands at 1.49 and the Cash Ratio stands at 0.57. Considering the valuation of this stock, the price to sales ratio is 1.58, the price to book ratio is 3.69 and price to earnings (TTM) ratio is 25.49.
Transactions by insiders
Recent insider trading involved Gray Brian R., President & CEO, that happened on Feb 29 ’24 when 1.0 shares were purchased.
