NYSE:KNFBasic Materials
Knife River (KNF): Assessing Valuation After JPMorgan Coverage and a New $112 Million Texas Highway Contract
Knife River (KNF) just picked up a $112 million materials and paving contract on Texas State Highway 6, a long duration project that neatly reinforces the company’s public infrastructure growth story.
See our latest analysis for Knife River.
The new Texas contract lands as Knife River’s share price, now at $74.64, shows a 1 month share price return of 5.1 percent but a weaker year to date share price return of negative 25.7 percent. Meanwhile, the 1 year total shareholder return of negative...