Knife River (NYSE:KNF – Free Report) had its target price boosted by Oppenheimer from $85.00 to $110.00 in a research report sent to investors on Monday morning, Benzinga reports. The brokerage currently has an outperform rating on the stock.
Knife River Trading Down 1.2 %
NYSE:KNF opened at $91.50 on Monday. The firm has a market capitalization of $5.18 billion, a P/E ratio of 29.52, a PEG ratio of 2.17 and a beta of 0.82. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.51 and a quick ratio of 1.49. Knife River has a one year low of $46.51 and a one year high of $95.85. The company’s 50-day simple moving average is $84.36 and its 200 day simple moving average is $77.90.
Knife River (NYSE:KNF – Get Free Report) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.13. The company had revenue of $806.90 million for the quarter, compared to the consensus estimate of $803.81 million. Knife River had a return on equity of 15.73% and a net margin of 6.88%. The firm’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.00 EPS. As a group, analysts forecast that Knife River will post 3.72 EPS for the current fiscal year.
Institutional Inflows and Outflows
About Knife River
Knife River Corporation, together with its subsidiaries, provides aggregates- led construction materials and contracting services in the United States. It operates through Pacific, Northwest, Mountain, Central, and Energy Services segments. The company mines, processes, and sells construction aggregates, including crushed stone and sand, and gravel; and produces and sells asphalt and ready-mix concrete.
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