Knife River (NYSE:KNF – Get Free Report) had its target price raised by Oppenheimer from $85.00 to $110.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Oppenheimer’s price target suggests a potential upside of 18.80% from the stock’s previous close.
Knife River Price Performance
NYSE:KNF opened at $92.59 on Monday. The firm’s fifty day moving average is $83.99 and its two-hundred day moving average is $77.80. The firm has a market cap of $5.24 billion, a price-to-earnings ratio of 29.87, a PEG ratio of 2.17 and a beta of 0.82. Knife River has a one year low of $46.51 and a one year high of $95.85. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.49 and a current ratio of 2.51.
Knife River (NYSE:KNF – Get Free Report) last posted its earnings results on Tuesday, August 6th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.24 by $0.13. Knife River had a return on equity of 15.73% and a net margin of 6.88%. The firm had revenue of $806.90 million for the quarter, compared to analyst estimates of $803.81 million. During the same period last year, the company earned $1.00 earnings per share. Knife River’s revenue for the quarter was up 2.8% compared to the same quarter last year. Research analysts expect that Knife River will post 3.72 EPS for the current year.
Institutional Trading of Knife River
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.
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