Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $102.32 in the prior trading day, Knife River Corp (NYSE: KNF) closed at $97.00, down -5.20%. In other words, the price has decreased by -$5.20 from its previous closing price. On the day, 0.73 million shares were traded. KNF stock price reached its highest trading level at $102.73 during the session, while it also had its lowest trading level at $96.12.
Ratios:
Our goal is to gain a better understanding of KNF by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.35. 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, Oppenheimer on December 13, 2024, Reiterated its Outperform rating but revised its target price to $120 from $110 previously.
On June 18, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $85.
Oppenheimer reiterated its Outperform rating for the stock on March 22, 2024, while the target price for the stock was revised from $75 to $85.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 5491431936 and an Enterprise Value of 5949883392. As of this moment, Knife’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.72, and their Forward P/E ratio for the next fiscal year is 23.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.90 while its Price-to-Book (P/B) ratio in mrq is 3.79. Its current Enterprise Value per Revenue stands at 2.06 whereas that against EBITDA is 13.051.
Stock Price History:
Over the past 52 weeks, KNF has reached a high of $108.39, while it has fallen to a 52-week low of $61.82. The 50-Day Moving Average of the stock is -3.47%, while the 200-Day Moving Average is calculated to be 15.77%.
Shares Statistics:
The stock has traded on average 416.12K shares per day over the past 3-months and 483380 shares per day over the last 10 days, according to various share statistics. A total of 56.61M shares are outstanding, with a floating share count of 56.20M. Insiders hold about 0.73% of the company’s shares, while institutions hold 82.34% stake in the company. Shares short for KNF as of 1734048000 were 1607514 with a Short Ratio of 3.86, compared to 1731628800 on 1297223. Therefore, it implies a Short% of Shares Outstanding of 1607514 and a Short% of Float of 3.6900000000000004.
