Knowles Corporation (NYSE:KN) Receives Average Rating of “Hold” from Brokerages

Shares of Knowles Corporation (NYSE:KNGet Free Report) have been assigned an average recommendation of “Hold” from the five analysts that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $27.00.

A number of research analysts have recently commented on the stock. Zacks Research raised shares of Knowles to a “hold” rating in a research note on Friday, December 19th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Knowles in a research report on Monday, December 15th. Craig Hallum set a $28.00 price target on shares of Knowles and gave the company a “buy” rating in a report on Friday, October 24th. Wall Street Zen raised shares of Knowles from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 13th. Finally, Robert W. Baird set a $30.00 price objective on Knowles in a report on Friday, October 24th.

Get Our Latest Research Report on Knowles

Knowles Trading Down 1.2%

Shares of Knowles stock opened at $21.64 on Tuesday. Knowles has a fifty-two week low of $12.19 and a fifty-two week high of $24.53. The business’s fifty day moving average is $22.61 and its two-hundred day moving average is $21.26. The company has a quick ratio of 1.19, a current ratio of 1.90 and a debt-to-equity ratio of 0.14. The firm has a market cap of $1.84 billion, a PE ratio of 45.07 and a beta of 1.51.

Knowles (NYSE:KNGet Free Report) last released its earnings results on Thursday, October 23rd. The communications equipment provider reported $0.33 EPS for the quarter, beating the consensus estimate of $0.25 by $0.08. Knowles had a return on equity of 8.98% and a net margin of 7.27%.The firm had revenue of $152.90 million during the quarter, compared to analyst estimates of $149.08 million. During the same period in the prior year, the firm posted $0.26 earnings per share. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. Knowles has set its Q4 2025 guidance at 0.330-0.370 EPS.

Insider Buying and Selling

In other news, CEO Jeffrey Niew sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $24.00, for a total value of $600,000.00. Following the transaction, the chief executive officer directly owned 889,370 shares in the company, valued at $21,344,880. This trade represents a 2.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold 186,656 shares of company stock worth $4,421,469 in the last ninety days. Corporate insiders own 2.54% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Osaic Holdings Inc. grew its stake in Knowles by 94.5% during the second quarter. Osaic Holdings Inc. now owns 1,842 shares of the communications equipment provider’s stock worth $31,000 after buying an additional 895 shares during the period. State of Wyoming acquired a new position in shares of Knowles during the 3rd quarter valued at $105,000. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in Knowles during the 1st quarter worth $106,000. GAMMA Investing LLC increased its holdings in Knowles by 118.8% in the 2nd quarter. GAMMA Investing LLC now owns 6,482 shares of the communications equipment provider’s stock valued at $114,000 after purchasing an additional 3,520 shares in the last quarter. Finally, CWM LLC increased its holdings in Knowles by 283.2% in the 2nd quarter. CWM LLC now owns 10,265 shares of the communications equipment provider’s stock valued at $181,000 after purchasing an additional 7,586 shares in the last quarter. 96.35% of the stock is owned by institutional investors and hedge funds.

About Knowles

(Get Free Report)

Knowles Corporation (NYSE: KN) is a leading developer and manufacturer of advanced micro-acoustic, audio processing and precision device solutions. The company’s product portfolio includes microelectromechanical systems (MEMS) microphones, balanced armature receivers, acoustic filters, and custom audio processing integrated circuits. These solutions are designed to enable clear speech, enhanced voice capture and intelligent audio performance in a variety of end markets.

Founded in 1946, Knowles has evolved from its roots in vacuum tube components to become a pure-play audio technology provider following its spin-off from Dover Corporation in 2014.

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Analyst Recommendations for Knowles (NYSE:KN)

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