Knife River Corp (NYSE: KNF) is 19.17% higher on its value in year-to-date trading and has touched a low of $46.51 and a high of $83.78 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KNF stock was last observed hovering at around $77.62 in the last trading session, with the day’s gains setting it 1.25%.
Currently trading at $78.87, the stock is 5.54% and 5.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing 1.61% at the moment leaves the stock 10.63% off its SMA200. KNF registered 55.65% gain for a year compared to 6-month gain of 5.88%.
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The stock witnessed a 2.64% loss in the last 1 month and extending the period to 3 months gives it a 11.54%, and is -0.77% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.69% over the week and 3.40% over the month.
Knife River Corp (KNF) has around 4389 employees, a market worth around $4.46B and $2.87B in sales. Current P/E ratio is 22.62 and Fwd P/E is 18.64. Profit margin for the company is 6.88%. Distance from 52-week low is 69.58% and -5.86% from its 52-week high. The company has generated returns on investments over the last 12 months (9.86%).
The EPS is expected to grow by 15.66% this year.
Knife River Corp (KNF) Top Institutional Holders
487.0 institutions hold shares in Knife River Corp (KNF), with institutional investors hold 84.05% of the company’s shares. The shares outstanding are 56.58M, and float is at 56.17M with Short Float at 2.59%. Institutions hold 83.53% of the Float.
Knife River Corp (KNF) Insider Activity
The most recent transaction is an insider purchase by Gray Brian R.,the company’sPresident & CEO. SEC filings show that Gray Brian R. bought 1 shares of the company’s common stock on Feb 29 ’24 at a price of $73.65 per share for a total of $74.0. Following the purchase, the insider now owns 8167.0 shares.
