A new trading day began on Monday, with Knife River Corp (NYSE: KNF) stock price down -8.45% from the previous day of trading, before settling in for the closing price of $97.47. KNF’s price has ranged from $53.34 to $99.54 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Basic Materials Sector giant saw their annual sales surged by 9.24% over the last five years. Meanwhile, its annual earnings per share averaged 14.46%. With a float of $56.17 million, this company’s outstanding shares have now reached $56.58 million.
The firm has a total of 4389 workers. Let’s measure their productivity. In terms of profitability, gross margin is 19.67%, operating margin of 10.71%, and the pretax margin is 9.16%.
Knife River Corp (KNF) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Building Materials Industry. The insider ownership of Knife River Corp is 0.77%, while institutional ownership is 82.40%. The most recent insider transaction that took place on Feb 29 ’24, was worth 74. In this transaction President & CEO of this company bought 1 shares at a rate of $73.65, taking the stock ownership to the 8,167 shares.
Knife River Corp (KNF) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 2.58 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.35 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.46% per share during the next fiscal year.
Knife River Corp (NYSE: KNF) Trading Performance Indicators
Here are Knife River Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.75. Likewise, its price to free cash flow for the trailing twelve months is 33.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.49, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 4.30 in one year’s time.
Technical Analysis of Knife River Corp (KNF)
Analysing the last 5-days average volume posted by the [Knife River Corp, KNF], we can find that recorded value of 0.54 million was better than the volume posted last year of 0.38 million. As of the previous 9 days, the stock’s Stochastic %D was 61.87%. Additionally, its Average True Range was 3.16.
During the past 100 days, Knife River Corp’s (KNF) raw stochastic average was set at 68.79%, which indicates a significant increase from 30.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.50% in the past 14 days, which was higher than the 37.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $87.36, while its 200-day Moving Average is $77.28. Now, the first resistance to watch is $93.22. This is followed by the second major resistance level at $97.21. The third major resistance level sits at $101.47. If the price goes on to break the first support level at $84.97, it is likely to go to the next support level at $80.71. Now, if the price goes above the second support level, the third support stands at $76.72.
Knife River Corp (NYSE: KNF) Key Stats
With a market capitalization of 5.06 billion, the company has a total of 56,610K Shares Outstanding. Currently, annual sales are 2,830 M while annual income is 182,870 K. The company’s previous quarter sales were 806,910 K while its latest quarter income was 77,930 K.
