1 KNIFE RIVER Second Quarter 2024 Results Presentation August 6, 2024 NYSE Forward Looking Statements The information in this presentation highlights the key growth strategies, projections and certain assumptions for the company and its subsidiaries. Many of these highlighted statements and other statements not historical in nature are "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Although the company believes that its expectations are based on reason ...

Knife River (KNF) came out with quarterly earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 16.10%. A quarter ago, it was expected that this construction materials company would post a loss of $0.80 per share when it actually produced a loss of $0.84, delivering a surprise of -5%. Over the last four quarters, the ...

Core Viewpoint - Investors in the Building Products - Miscellaneous sector should consider Knife River (KNF) as a potentially undervalued stock compared to James Hardie (JHX) [1] Valuation Metrics - Knife River has a P/B ratio of 3.32, while James Hardie has a P/B ratio of 7.72, indicating that KNF is more favorably valued in terms of book value [3] - KNF's forward P/E ratio is 20.30, compared to JHX's forward P/E of 21.82, suggesting that KNF may be a better value option [5] - The PEG ratio for KNF is 2.68, while JHX has a PEG ratio of 2.85, further supporting the notion that KNF is more attractively priced relative to its expected earnings growth [5] Earnings Outlook - Knife River has a stronger earnings outlook compared to James Hardie, which is reflected in their respective Zacks Ranks of 2 (Buy) for KNF and 5 (Strong Sell) for JHX [4] Value Grades - Based on various valuation metrics, Knife River holds a Value grade of B, while James Hardie has a Value grade of D, indicating that KNF is perceived as a better value investment [9]

Core Insights - The article compares two stocks, Knife River (KNF) and James Hardie (JHX), to determine which presents a better value opportunity for investors [4][5]. Valuation Metrics - KNF has a P/B ratio of 3.19, while JHX has a P/B ratio of 7.17, indicating that KNF is valued more favorably in terms of its book value [3]. - The forward P/E ratio for KNF is 19.56, compared to JHX's 20.26, suggesting that KNF may be a more attractive option based on earnings expectations [6]. - KNF's PEG ratio is 2.58, while JHX's PEG ratio is 2.65, indicating that KNF has a slightly better valuation when considering expected earnings growth [6]. Zacks Rank and Style Scores - KNF has a Zacks Rank of 2 (Buy), while JHX has a Zacks Rank of 4 (Sell), reflecting a more favorable earnings outlook for KNF [5][7]. - The Style Score Value grade for KNF is B, while JHX has a Value grade of C, further supporting the notion that KNF is the better value investment [9].

Group 1 - Knife River (KNF) has experienced a downtrend with a 15% decline over the past four weeks due to excessive selling pressure, but it is now in oversold territory, indicating a potential turnaround [1] - The Relative Strength Index (RSI) is a key technical indicator used to determine if a stock is oversold, with a reading below 30 typically indicating oversold conditions [2] - The RSI for KNF is currently at 28.8, suggesting that heavy selling may be exhausting itself, which could lead to a price rebound [5] Group 2 - There is strong consensus among sell-side analysts that KNF will report better earnings than previously predicted, with the consensus EPS estimate increasing by 0.6% over the last 30 days [6] - KNF holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a near-term turnaround [7]

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].

Core Viewpoint - Knife River (KNF) has experienced a decline of 6.8% over the past two weeks, but the formation of a hammer chart pattern suggests potential support and a possible trend reversal in the future [1][2]. Technical Analysis - The hammer pattern indicates a potential bottoming out, with reduced selling pressure, which could lead to a bullish trend for the stock [2][4]. - A hammer candle is characterized by a small body and a long lower wick, indicating that despite a downtrend, buying interest has emerged to push the stock price up towards the opening price [3][4]. - The effectiveness of the hammer pattern is contingent on its placement on the chart and should be used alongside other bullish indicators [5]. Fundamental Analysis - There has been a recent upward trend in earnings estimate revisions for Knife River, which is a positive sign for potential price appreciation [6]. - Over the last 30 days, the consensus EPS estimate for the current year has increased by 0.6%, indicating that analysts expect better earnings than previously predicted [7]. - Knife River currently holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which typically outperform the market [8].

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 ...