Knowles - KN Stock Forecast, Price & News

Knowles Corporation offers micro-acoustic microphones and balanced armature speakers, audio solutions, high performance capacitors, and radio frequency products for the consumer electronics, medtech, defense, electric vehicle, industrial, and communications markets. It operates in two segments, Audio and Precision Devices (PD). The Audio segment designs and manufactures audio products, including microphones, balanced armature speakers, and audio processors used in applications that serve the mobile, hearing health, True Wireless Stereo, Internet of Things, and computing markets. The PD segment is involved in the design and delivery of high-performance capacitor products and RF solutions that are used in applications, such as power supplies and medical implants, satellite communications, and radar systems, as well as for communications equipment. The company sells its products directly to original equipment manufacturers and to their contract manufacturers and suppliers, as well as through distributors. It has operations in Asia, the United States, Europe, other Americas, and internationally. The company was founded in 1946 and is headquartered in Itasca, Illinois.

Knowles Stock Up 1.5 %

KN opened at $16.67 on Monday. Knowles has a 1 year low of $15.40 and a 1 year high of $23.81. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.27 and a current ratio of 2.54. The stock's 50 day simple moving average is $17.87 and its 200 day simple moving average is $19.48.

Wall Street Analyst Weigh In

KN has been the topic of several research analyst reports. StockNews.com lowered Knowles from a "buy" rating to a "hold" rating in a research note on Thursday, August 4th. Susquehanna Bancshares restated a "hold" rating and set a $20.00 price objective on shares of Knowles in a report on Friday, April 29th. TheStreet downgraded Knowles from a "b" rating to a "c+" rating in a report on Wednesday, May 11th. Susquehanna reiterated a "hold" rating and set a $20.00 price target on shares of Knowles in a report on Friday, April 29th. Finally, Roth Capital cut Knowles from a "buy" rating to a "neutral" rating and cut their price objective for the stock from $20.00 to $17.00 in a research report on Wednesday, August 3rd. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $20.63.

Insiders Place Their Bets

In other news, CEO Jeffrey Niew sold 77,537 shares of the firm's stock in a transaction that occurred on Thursday, May 26th. The stock was sold at an average price of $18.91, for a total value of $1,466,224.67. Following the completion of the transaction, the chief executive officer now owns 528,590 shares in the company, valued at approximately $9,995,636.90. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other Knowles news, CEO Jeffrey Niew sold 77,537 shares of Knowles stock in a transaction on Thursday, May 26th. The stock was sold at an average price of $18.91, for a total transaction of $1,466,224.67. Following the completion of the transaction, the chief executive officer now owns 528,590 shares in the company, valued at $9,995,636.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Cheryl L. Shavers sold 3,100 shares of Knowles stock in a transaction on Monday, May 23rd. The stock was sold at an average price of $18.85, for a total value of $58,435.00. Following the completion of the sale, the director now directly owns 52,604 shares of the company's stock, valued at approximately $991,585.40. The disclosure for this sale can be found here. Company insiders own 3.15% of the company's stock.