
KNF Stock Forecast & Price Target
KNF Analyst Ratings
Bulls say
Knife River Holding Co is demonstrating a positive outlook due to the robust margin potential identified within its aggregates product line, bolstered by effective pricing and operational initiatives. The company anticipates industry pricing trends for aggregates to approach mid-single digits (MSD), reflecting a continuation of recent significant gains in this segment. Additionally, Knife River's ongoing optimization and expansion strategies are likely to provide further growth catalysts, enhancing the overall financial outlook for the company.
Bears say
The financial outlook for Knife River Holding Co has been negatively affected due to a delayed construction season in certain regions and a general weakness in the private sector, prompting a reduction in second-quarter estimates. Additionally, data indicates a concerning decline in basis value within Knife River's primary markets, showing a -10% year-to-date variation compared to the trailing twelve months and a -5% decline relative to the prior two-year average. Overall, these factors suggest a challenging environment that may hinder revenue growth and profitability for the company moving forward.
This aggregate rating is based on analysts' research of Knife River Corp and is not a guaranteed prediction by Public.com or investment advice.
KNF Analyst Forecast & Price Prediction
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