A share price of Knife River Corp [KNF] is currently trading at $101.35, down -1.51%. 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 drifted -5.55%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Knife River Corp [NYSE: KNF] stock has seen the most recent analyst activity on December 13, 2024, when Oppenheimer reiterated its Outperform rating and also boosted its price target to $120 from $110. Previously, Stephens started tracking the stock with Overweight rating on June 18, 2024, and set its price target to $85. On March 22, 2024, Oppenheimer reiterated its Outperform rating and revised its price target to $85 on the stock. Wolfe Research started tracking the stock assigning a Peer Perform rating. Loop Capital initiated its recommendation with a Buy and recommended $81 as its price target on February 13, 2024. BofA Securities started tracking with a Buy rating for this stock on January 05, 2024, and assigned it a price target of $81. In a note dated December 26, 2023, Siebert Williams Shank reiterated an Buy rating on this stock and boosted its target price from $65 to $76.
Knife River Corp experienced fluctuations in its stock price throughout the past year between $66.13 and $108.83. Currently, Wall Street analysts expect the stock to reach $105 within the next 12 months. Knife River Corp [NYSE: KNF] shares were valued at $101.35 at the most recent close of the market. An investor can expect a potential return of 3.6% based on the average KNF price forecast.
Analyzing the KNF fundamentals
Trailing Twelve Months sales for Knife River Corp [NYSE:KNF] were 2.90B which represents 1.59% growth. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.49.
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 100.19 points at the first support level, and at 99.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 102.76, and for the 2nd resistance point, it is at 104.17.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Knife River Corp [NYSE:KNF] is 2.67. In addition, the Quick Ratio stands at 1.64 and the Cash Ratio stands at 0.76. Considering the valuation of this stock, the price to sales ratio is 1.98, the price to book ratio is 3.89 and price to earnings (TTM) ratio is 28.60.
Transactions by insiders
Recent insider trading involved Gray Brian R., President & CEO, that happened on Feb 29 ’24 when 1.0 shares were purchased.
