Knife River Co. (NYSE:KNF – Get Free Report) has earned an average recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $81.60.
Separately, Stephens assumed coverage on Knife River in a research note on Tuesday, June 18th. They set an “overweight” rating and a $85.00 price objective for the company.
View Our Latest Stock Report on KNF
Institutional Investors Weigh In On Knife River
Knife River Trading Up 0.9 %
KNF stock opened at $73.29 on Monday. The company has a market cap of $4.15 billion, a P/E ratio of 23.64, a PEG ratio of 2.89 and a beta of 0.83. Knife River has a twelve month low of $46.51 and a twelve month high of $83.78. The company has a quick ratio of 1.49, a current ratio of 2.75 and a debt-to-equity ratio of 0.55. The business has a fifty day moving average of $72.77 and a 200-day moving average of $73.94.
Knife River (NYSE:KNF – Get Free Report) last released its earnings results on Tuesday, August 6th. The company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.13. Knife River had a return on equity of 14.65% and a net margin of 6.19%. The company had revenue of $806.90 million during the quarter, compared to the consensus estimate of $803.81 million. During the same quarter in the previous year, the company posted $1.00 earnings per share. The firm’s quarterly revenue was up 2.8% on a year-over-year basis. As a group, equities research analysts expect that Knife River will post 3.51 EPS for the current year.
Knife River Company Profile
Knife River Corporation, together with its subsidiaries, provides aggregates- led construction materials and contracting services in the United States. It operates through Pacific, Northwest, Mountain, Central, and Energy Services segments. The company mines, processes, and sells construction aggregates, including crushed stone and sand, and gravel; and produces and sells asphalt and ready-mix concrete.
See Also
- Five stocks we like better than Knife River
- The How And Why of Investing in Oil Stocks
- Why Wall Street Analysts Raised Price Targets for Suncor Stock
- Dividend Payout Ratio Calculator
- Is Super Micro Computer a Buy After Shares Sink 20% on Earnings?
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- MarketBeat Week in Review – 8/5 – 8/9
Receive News & Ratings for Knife River Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Knife River and related companies with MarketBeat.com's FREE daily email newsletter.