Wells Fargo has recently initiated Knife River Corp (KNF) stock to Overweight rating, as announced on March 10, 2025, according to Finviz. Earlier, on December 13, 2024, Oppenheimer had reiterated the stock to Outperform, setting a price target of $120 for KNF stock. Stephens also initiated Overweight rating with a price target of $85. Additionally, Oppenheimer reiterated Outperform rating on March 22, 2024, with a target price of $85. Wolfe Research analysts, in their report published on March 8, 2024, also initiated Peer Perform rating for Knife River Corp’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Knife River Corp (KNF) Stock Trading Recap
On Tuesday, Knife River Corp (KNF) stock saw a decline, ending the day at $87.45 which represents a decrease of $-1.91 or -2.14% from the prior close of $89.36. The stock opened at $89.48 and touched a low of $86.98 during the day, reaching a high of $90.58. The volume of shares traded was 0.84 million exceeding the average volume of 0.48 million.
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KNF Stock Performance and Moving Averages
In recent trading, Knife River Corp (KNF) stock price has shown some volatility, fluctuating -0.26% over the last five trades and -14.74% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 17.34%, and it has plunged by -15.11% in the previous three months. Currently, KNF is trading at -7.72%, -11.85%, and -0.72% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, KNF, a Basic Materials sector stock, is trading -19.65% below its 52-week high but remains 32.24% above its 52-week low. The Average True Range (ATR) (14 days) of 4.00 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Knife River Corp’s Profitability and Valuation Ratios
Knife River Corp’s profitability metrics reveal financial health. The company currently boasts an operating margin of 10.91% and a profit margin of 6.96%, with a gross margin of 17.34%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Knife River Corp’s market capitalization stands at $4.95 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 24.68, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 18.48. Additionally, the Price-to-Sales Ratio is 1.71, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 3.35, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.98% of Knife River Corp (KNF)’s shares, while financial institutions hold 88.14%.
