Investors interested in stocks from the Building Products - Miscellaneous sector have probably already heard of Knife River (KNF) and James Hardie (JHX) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and es ...

Core Viewpoint - Knife River (KNF) is experiencing significant selling pressure, having declined 9.6% over the past four weeks, but is now positioned for a potential trend reversal as it is in oversold territory, supported by analysts predicting better earnings than previously expected [1]. Group 1: Stock Performance and Indicators - The stock's Relative Strength Index (RSI) reading is at 29.61, indicating it is in oversold territory, which suggests a potential for a trend reversal [5]. - A stock is generally considered oversold when its RSI falls below 30, making it a useful indicator for identifying potential entry points for investors [2][3]. Group 2: Earnings Estimates and Analyst Consensus - Over the last 30 days, the consensus earnings per share (EPS) estimate for KNF has increased by 0.6%, indicating a positive trend in earnings revisions [6]. - There is strong agreement among sell-side analysts regarding the upward revision of earnings estimates, which typically correlates with price appreciation in the near term [6]. Group 3: Zacks Rank and Market Position - KNF holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate trends and EPS surprises, further supporting the potential for a turnaround [7].

This is one of the popular price patterns in candlestick charting. A minor difference between the opening and closing prices forms a small candle body, and a higher difference between the low of the day and the open or close forms a long lower wick (or vertical line). The length of the lower wick being at least twice the length of the real body, the candle resembles a 'hammer.' There has been an upward trend in earnings estimate revisions for KNF lately, which can certainly be considered a bullish indicator ...

Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Knife River (KNF) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question.Knife River is one of 95 companies in the Construction group. The Construction group currently s ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ______________ Commission file number 1-41642 Knife River Corporation (Exact name of registrant as specified in its charter) Delaware 92-1008893 (State ...

Knife River Corporation (NYSE:KNF) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Nathan Ring - Chief Financial Officer Brian Gray - President & Chief Executive Officer Conference Call Participants Brent Thielman - D.A. Davidson Garik Shmois - Loop Capital Ian Zaffino - Oppenheimer Operator Good morning, ladies and gentlemen, and welcome to Knife River First Quarter Results Conference Call. At this time, all lines are in a listen-only mode. Following the presentation, we will ...

Changes in such assumptions and factors could cause actual future results to differ materially from growth and financial guidance. All forward-looking statements in this presentation are expressly qualified by such cautionary statements and by reference to the underlying assumptions. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. Except as required by law, the company does not undertake to update forward-looking statements, whether as a resu ...

Knife River (KNF) came out with a quarterly loss of $0.84 per share versus the Zacks Consensus Estimate of a loss of $0.80. This compares to loss of $516.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5%. A quarter ago, it was expected that this construction materials company would post earnings of $0.20 per share when it actually produced earnings of $0.36, delivering a surprise of 80%.Over the last four quarters, the co ...

KNIFE RIVER CORPORATION REPORTS FIRST QUARTER FINANCIAL RESULTS "In the first quarter of 2024, we continued to make good progress on our 'Competitive EDGE' initiatives, including our pricing strategy, disciplined bidding to target higher-margin work and investing in growth opportunities," said Knife River President and CEO Brian Gray. "We achieved record revenue for the quarter and continue to see momentum with infrastructure funding as we head into the start of the construction season. A seasonal loss in t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ______________ Commission file number 1-41642 Knife River Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 92-1008893 (I.R.S. Employer Identification No.) 1150 West Century Avenue P.O. Box 5568 Bism ...