Is Knife River Stock a Good Investment?
Knife River Investment Advice | KNF |
- Examine Knife River's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Knife River's leadership team and their track record. Good management can help Knife River navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Metals & Mining space and any emerging trends that could impact Knife River's business and its evolving consumer preferences.
- Compare Knife River's performance and market position to its competitors. Analyze how Knife River is positioned in terms of product offerings, innovation, and market share.
- Check if Knife River pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Knife River's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Knife River stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Knife River is a good investment.
Sell | Buy |
Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Knife River Stock
Researching Knife River's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 84.0% of the company shares are owned by institutional investors. The book value of Knife River was now reported as 25.59. The company has Price/Earnings To Growth (PEG) ratio of 0.92. Knife River had not issued any dividends in recent years.
To determine if Knife River is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Knife River's research are outlined below:
| Knife River has a frail financial position based on the latest SEC disclosures | |
| Over 84.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Why Knife River Corporation Is One of the Best Construction Materials Stocks to Buy Now |
Knife River Quarterly Gross Profit |
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Knife River uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Knife River. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Knife River's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 21st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Knife River's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Knife River's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-08-06 | 2024-06-30 | 1.24 | 1.37 | 0.13 | 10 | ||
2024-02-15 | 2023-12-31 | 0.16 | 0.36 | 0.2 | 125 | ||
2023-08-08 | 2023-06-30 | 0.58 | 1.0 | 0.42 | 72 | ||
2023-11-06 | 2023-09-30 | 1.86 | 2.58 | 0.72 | 38 |
Knife River's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 5.82 B.Market Cap |
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Knife River's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.05 | |
| Return On Capital Employed | 0.13 | 0.08 | |
| Return On Assets | 0.07 | 0.04 | |
| Return On Equity | 0.14 | 0.10 |
Determining Knife River's profitability involves analyzing its financial statements and using various financial metrics to determine if Knife River is a good buy. For example, gross profit margin measures Knife River's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Knife River's profitability and make more informed investment decisions.
Knife River's Earnings Breakdown by Geography
Basic technical analysis of Knife Stock
As of the 30th of November, Knife River secures the Risk Adjusted Performance of 0.171, mean deviation of 1.53, and Downside Deviation of 2.46. Knife River technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Knife River information ratio, as well as the relationship between the value at risk and expected short fall to decide if Knife River is priced some-what accurately, providing market reflects its recent price of 103.5 per share. Given that Knife River has jensen alpha of 0.2318, we recommend you to check Knife River's last-minute market performance to make sure the company can sustain itself at a future point.Knife River's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Knife River insiders, such as employees or executives, is commonly permitted as long as it does not rely on Knife River's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Knife River insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Trevor Hastings 2 days ago Acquisition by Trevor Hastings of 7236 shares of Knife River subject to Rule 16b-3 | ||
Fagg Karen B over two months ago Acquisition by Fagg Karen B of 197 shares of Knife River subject to Rule 16b-3 | ||
Everist Thomas S over six months ago Knife River exotic insider transaction detected | ||
Carmonaalvarez German over a year ago Acquisition by Carmonaalvarez German of 2605 shares of Knife River subject to Rule 16b-3 | ||
Mdu Resources Group Inc over a year ago Acquisition or disposition of Knife River securities by Mdu Resources Group Inc | ||
Christenson Nancy K over a year ago Knife River exotic insider transaction detected | ||
Mdu Resources Group Inc over a year ago Acquisition or disposition of Knife River securities by Mdu Resources Group Inc |
Knife River's Outstanding Corporate Bonds
Knife River issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Knife River uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Knife bonds can be classified according to their maturity, which is the date when Knife River has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand Knife River's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Knife River's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.171 | |||
| Market Risk Adjusted Performance | 0.2574 | |||
| Mean Deviation | 1.53 | |||
| Semi Deviation | 1.87 | |||
| Downside Deviation | 2.46 | |||
| Coefficient Of Variation | 465.09 | |||
| Standard Deviation | 2.27 | |||
| Variance | 5.17 | |||
| Information Ratio | 0.1545 | |||
| Jensen Alpha | 0.2318 | |||
| Total Risk Alpha | 0.0993 | |||
| Sortino Ratio | 0.1429 | |||
| Treynor Ratio | 0.2474 | |||
| Maximum Drawdown | 12.78 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 2.77 | |||
| Downside Variance | 6.04 | |||
| Semi Variance | 3.48 | |||
| Expected Short fall | (1.60) | |||
| Skewness | 0.0257 | |||
| Kurtosis | 6.25 |
| Risk Adjusted Performance | 0.171 | |||
| Market Risk Adjusted Performance | 0.2574 | |||
| Mean Deviation | 1.53 | |||
| Semi Deviation | 1.87 | |||
| Downside Deviation | 2.46 | |||
| Coefficient Of Variation | 465.09 | |||
| Standard Deviation | 2.27 | |||
| Variance | 5.17 | |||
| Information Ratio | 0.1545 | |||
| Jensen Alpha | 0.2318 | |||
| Total Risk Alpha | 0.0993 | |||
| Sortino Ratio | 0.1429 | |||
| Treynor Ratio | 0.2474 | |||
| Maximum Drawdown | 12.78 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 2.77 | |||
| Downside Variance | 6.04 | |||
| Semi Variance | 3.48 | |||
| Expected Short fall | (1.60) | |||
| Skewness | 0.0257 | |||
| Kurtosis | 6.25 |
Consider Knife River's intraday indicators
Knife River intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Knife River stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Knife River Corporate Filings
8K | 4th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 1st of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 11th of June 2024 Other Reports | ViewVerify | |
F3 | 15th of May 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Knife Stock media impact
Far too much social signal, news, headlines, and media speculation about Knife River that are available to investors today. That information is available publicly through Knife media outlets and privately through word of mouth or via Knife internal channels. However, regardless of the origin, that massive amount of Knife data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Knife River news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Knife River relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Knife River's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Knife River alpha.
Knife River Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Knife River can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Knife River Corporate Management
| Karl Liepitz | Chief VP | Profile | |
| Nancy Christenson | Vice Administration | Profile | |
| Jeremy Stover | Vice Region | Profile | |
| Tony Spilde | Senior Communications | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Knife River. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Knife Stock please use our How to Invest in Knife River guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Knife River. If investors know Knife will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Knife River listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.008 | Earnings Share 3.51 | Revenue Per Share 51.039 | Quarterly Revenue Growth 0.014 | Return On Assets 0.0726 |
The market value of Knife River is measured differently than its book value, which is the value of Knife that is recorded on the company's balance sheet. Investors also form their own opinion of Knife River's value that differs from its market value or its book value, called intrinsic value, which is Knife River's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Knife River's market value can be influenced by many factors that don't directly affect Knife River's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Knife River's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Knife River is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Knife River's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.