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In the latest session, Knife River Corp (NYSE: KNF) closed at $91.66 up 2.72% from its previous closing price of $89.23. In other words, the price has increased by $2.72 from its previous closing price. On the day, 0.62 million shares were traded. KNF stock price reached its highest trading level at $92.12 during the session, while it also had its lowest trading level at $88.7625.
Ratios:
For a deeper understanding of Knife River Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.35. For the most recent quarter (mrq), Quick Ratio is recorded 1.91 and its Current Ratio is at 2.72. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.49.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Stephens on June 18, 2024, initiated with a Overweight rating and assigned the stock a target price of $85.
On March 22, 2024, Oppenheimer reiterated its Outperform rating and also lowered its target price recommendation from $75 to $85.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 29 ’24 when Gray Brian R. bought 1 shares for $73.65 per share. The transaction valued at 74 led to the insider holds 8,167 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KNF now has a Market Capitalization of 5189120512 and an Enterprise Value of 5647620608. As of this moment, Knife’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.20, and their Forward P/E ratio for the next fiscal year is 22.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.80 while its Price-to-Book (P/B) ratio in mrq is 3.58. Its current Enterprise Value per Revenue stands at 1.955 whereas that against EBITDA is 12.377.
Stock Price History:
Over the past 52 weeks, KNF has reached a high of $99.54, while it has fallen to a 52-week low of $54.05. The 50-Day Moving Average of the stock is 4.61%, while the 200-Day Moving Average is calculated to be 18.40%.
Shares Statistics:
For the past three months, KNF has traded an average of 345.53K shares per day and 392570 over the past ten days. A total of 56.58M shares are outstanding, with a floating share count of 56.17M. Insiders hold about 0.77% of the company’s shares, while institutions hold 82.43% stake in the company. Shares short for KNF as of 1728950400 were 1177152 with a Short Ratio of 3.41, compared to 1726185600 on 1573479. Therefore, it implies a Short% of Shares Outstanding of 1177152 and a Short% of Float of 2.7.
