Knowles Corporation (NYSE:KN – Get Free Report) has been given a consensus rating of “Moderate Buy” by the five research firms that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $40.67.
KN has been the subject of a number of analyst reports. Robert W. Baird set a $44.00 target price on shares of Knowles in a research report on Friday, July 24th. Weiss Ratings upgraded shares of Knowles from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Susquehanna lifted their price target on shares of Knowles from $33.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Zacks Research lowered shares of Knowles from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 22nd. Finally, Wall Street Zen downgraded Knowles from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st.
Read Our Latest Research Report on KN
Knowles Stock Performance
KN stock opened at $34.57 on Tuesday. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 44.90 and a beta of 1.59. The firm has a 50-day simple moving average of $36.11 and a two-hundred day simple moving average of $35.72. Knowles has a one year low of $20.57 and a one year high of $42.93. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.75 and a current ratio of 3.20.
Knowles (NYSE:KN – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The communications equipment provider reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.02. Knowles had a net margin of 10.63% and a return on equity of 11.45%. The business had revenue of $166.80 million for the quarter, compared to analysts’ expectations of $156.97 million. During the same period last year, the business earned $0.24 EPS. The company’s revenue was up 14.3% compared to the same quarter last year. Knowles has set its Q3 2026 guidance at 0.340-0.380 EPS. On average, equities analysts forecast that Knowles will post 1.02 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, SVP Raymond Cabrera sold 6,178 shares of the firm’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of $36.28, for a total value of $224,137.84. Following the completion of the sale, the senior vice president owned 127,945 shares of the company’s stock, valued at $4,641,844.60. This trade represents a 4.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Cheryl Shavers sold 6,618 shares of the business’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $39.27, for a total value of $259,888.86. Following the transaction, the director owned 35,723 shares in the company, valued at approximately $1,402,842.21. This trade represents a 15.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.24% of the stock is owned by company insiders.
Institutional Investors Weigh In On Knowles
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC boosted its holdings in Knowles by 9.8% in the third quarter. GAMMA Investing LLC now owns 8,202 shares of the communications equipment provider’s stock worth $305,000 after acquiring an additional 731 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Knowles by 23.6% during the third quarter. Farther Finance Advisors LLC now owns 1,479 shares of the communications equipment provider’s stock worth $55,000 after acquiring an additional 282 shares during the last quarter. Polaris Financial Partners acquired a new position in shares of Knowles during the third quarter valued at about $146,000. Cim Investment Management Inc. acquired a new position in shares of Knowles during the second quarter valued at about $324,000. Finally, QRG Capital Management Inc. increased its holdings in shares of Knowles by 7.7% during the second quarter. QRG Capital Management Inc. now owns 10,565 shares of the communications equipment provider’s stock valued at $438,000 after acquiring an additional 759 shares in the last quarter. 96.35% of the stock is currently owned by hedge funds and other institutional investors.
Knowles Company Profile
Knowles Corporation is a global supplier of advanced electronic components and audio solutions. The company develops and manufactures micro-acoustic products, including microelectromechanical systems (MEMS) microphones, speakers, receivers and related audio-processing technologies used in mobile devices, consumer electronics, communications equipment and other connected products.
Knowles also provides precision components for medical, industrial, defense, aerospace and other specialized applications.
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