Knife River Corp (NYSE: KNF) on Friday, plunged -8.25% from the previous trading day, before settling in for the closing price of $101.35. Within the past 52 weeks, KNF’s price has moved between $66.13 and $108.83.
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A company in the Basic Materials sector has jumped its sales by 7.54% annually for the last half of the decade. The company achieved an average annual earnings per share of 13.92%. With a float of $56.16 million, this company’s outstanding shares have now reached $56.61 million.
In an organization with 4761 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 19.66%, operating margin of 10.91%, and the pretax margin is 9.35%.
Knife River Corp (KNF) Insider and Institutional Ownership
Observing investor behavior towards Building Materials industry stocks is more important than anything else. The insider ownership of Knife River Corp is 0.80%, while institutional ownership is 87.79%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.59 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.92% per share during the next fiscal year.
Knife River Corp (NYSE: KNF) Trading Performance Indicators
Knife River Corp (KNF) is currently performing well based on its current performance indicators. A quick ratio of 1.64 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.82. Likewise, its price to free cash flow for the trailing twelve months is 35.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.54, a number that is poised to hit -0.88 in the next quarter and is forecasted to reach 4.75 in one year’s time.
Technical Analysis of Knife River Corp (KNF)
Let’s dig in a bit further. During the last 5-days, its volume was 0.48 million. That was better than the volume of 0.44 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 44.63%. Additionally, its Average True Range was 4.04.
During the past 100 days, Knife River Corp’s (KNF) raw stochastic average was set at 34.36%, which indicates a significant increase from 0.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.61% in the past 14 days, which was higher than the 39.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $102.19, while its 200-day Moving Average is $87.22. However, in the short run, Knife River Corp’s stock first resistance to watch stands at $99.55. Second resistance stands at $106.10. The third major resistance level sits at $109.43. If the price goes on to break the first support level at $89.67, it is likely to go to the next support level at $86.34. The third support level lies at $79.79 if the price breaches the second support level.
Knife River Corp (NYSE: KNF) Key Stats
Market capitalization of the company is 5.26 billion based on 56,613K outstanding shares. Right now, sales total 2,899 M and income totals 201,700 K. The company made 657,200 K in profit during its latest quarter, and 23,300 K in sales during its previous quarter.
