Knife River (KNF) Projected to Post Quarterly Earnings on Thursday

Knife River (NYSE:KNF) is expected to be announcing its earnings results before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.40 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Knife River Stock Performance

NYSE KNF opened at $97.41 on Thursday. The company has a market cap of $5.51 billion, a P/E ratio of 27.91, a P/E/G ratio of 2.41 and a beta of 0.76. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.91 and a current ratio of 2.72. The business’s 50 day moving average price is $102.54 and its 200-day moving average price is $92.73. Knife River has a fifty-two week low of $65.67 and a fifty-two week high of $108.83.

Wall Street Analyst Weigh In

KNF has been the topic of several research analyst reports. DA Davidson upped their price objective on Knife River from $90.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Oppenheimer upped their price objective on Knife River from $110.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Finally, Loop Capital cut their price objective on Knife River from $105.00 to $100.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $103.75.

Knife River Company Profile

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.