Knowles Corporation designs, manufactures, and sells micro-acoustic, audio processing, and precision device solutions to the mobile consumer electronics, industrial, defense, aerospace medical, and telecommunications markets worldwide. The company operates in two segments, Audio and Precision Devices. The Audio segment designs and manufactures audio products, including microphones and balanced armature speakers, signal processing technologies, and software and algorithms used in applications that serve the mobile, ear, and Internet of Things markets. This segment also offers analog and digital micro-electro-mechanical systems, and electret condenser and smart microphones; and ultrasonic sensors and acoustic processors, as well as transducer products used primarily in hearing health and headset applications. The Precision Devices segment designs and delivers engineered capacitors and radio frequency devices for technically demanding applications, such as power supplies, radar, medical implants, and satellites for the industrial, defense, aerospace, medical, and telecommunications markets. The company also provides single layer electronic components to the radio frequency device, microwave, telecommunication, fiber optics, defense, and aerospace markets. It sells its products directly to original equipment manufacturers and to their contract manufacturers and suppliers, as well as through distributors. Knowles Corporation was founded in 1946 and is headquartered in Itasca, Illinois.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Household audio & video equipment
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNYSE:KN
Previous Symbol
CUSIPN/A
Phone630-250-5100
Debt
Debt-to-Equity Ratio0.17
Current Ratio2.60
Quick Ratio1.55
Price-To-Earnings
Trailing P/E Ratio20.11
Forward P/E Ratio20.11
P/E Growth2.05
Sales & Book Value
Annual Sales$744.20 million
Price / Sales1.71
Cash Flow$1.4309 per share
Price / Cash Flow9.84
Book Value$12.65 per share
Price / Book1.11
Profitability
EPS (Most Recent Fiscal Year)$0.70
Net Income$68.30 million
Net Margins8.99%
Return on Equity6.40%
Return on Assets4.68%
Miscellaneous
Employees7,900
Outstanding Shares90,200,000
Market Cap$1.29 billion
OptionableOptionable
Knowles (NYSE:KN) Frequently Asked Questions
What is Knowles' stock symbol?
Knowles trades on the New York Stock Exchange (NYSE) under the ticker symbol "KN."
How were Knowles' earnings last quarter?
Knowles Corp (NYSE:KN) released its quarterly earnings data on Wednesday, October, 24th. The communications equipment provider reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.30 by $0.04. The communications equipment provider earned $236.20 million during the quarter, compared to the consensus estimate of $219.73 million. Knowles had a net margin of 8.99% and a return on equity of 6.40%. The firm's revenue was up 20.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.26 earnings per share. View Knowles' Earnings History.
When is Knowles' next earnings date?
What guidance has Knowles issued on next quarter's earnings?
Knowles issued an update on its fourth quarter earnings guidance on Wednesday, October, 24th. The company provided EPS guidance of $0.31-0.37 for the period, compared to the Thomson Reuters consensus estimate of $0.33. The company issued revenue guidance of $210-240 million, compared to the consensus revenue estimate of $225.07 million.
What price target have analysts set for KN?
7 analysts have issued 1-year price objectives for Knowles' stock. Their predictions range from $13.50 to $19.00. On average, they expect Knowles' share price to reach $17.1667 in the next twelve months. This suggests a possible upside of 21.9% from the stock's current price. View Analyst Price Targets for Knowles.
What is the consensus analysts' recommendation for Knowles?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Knowles in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Knowles.
What are Wall Street analysts saying about Knowles stock?
Here are some recent quotes from research analysts about Knowles stock:
- 1. According to Zacks Investment Research, "Knowles Corporation operates as a supplier of advanced micro-acoustic, specialty components, and human interface solutions. The Company designs and manufactures acoustic products, including microphones, speakers, and receivers for the handset, tablet, and other consumer electronic markets. It also designs and manufactures electronic components used in medical and life science applications and solutions and components used in communications infrastructure and various other markets. Knowles Corporation is headquartered in Itasca, Illinois. " (10/31/2018)
- 2. Robert W. Baird analysts commented, "We recently traveled with Knowles’ management, who appeared incrementally bullish on Knowles’ growth opportunities, following 9% organic growth in 2018. Knowles has begun shipments of its multicore DSP audio processor to a new customer for home video chat devices, as well as shipments of smart microphones to Oppo and Vivo. The company plans to exit 2018 well below 2x debt/EBITDA, and management noted no notable impact from tariffs so far." (10/17/2018)
Has Knowles been receiving favorable news coverage?
Media coverage about KN stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Knowles earned a news sentiment score of 1.1 on InfoTrie's scale. They also assigned press coverage about the communications equipment provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term.
Who are some of Knowles' key competitors?
Who are Knowles' key executives?
Knowles' management team includes the folowing people:
- Mr. Jeffrey S. Niew, Pres, CEO & Director (Age 51)
- Mr. John S. Anderson, Sr. VP, CFO & Interim Principal Accounting Officer (Age 55)
- Mr. Daniel J. Giesecke, Sr. VP & COO (Age 50)
- Mr. Christian U. Scherp, Pres of Performance Audio (Age 52)
- Mr. Michael Polacek, Pres of Intelligent Audio (Age 54)
Who are Knowles' major shareholders?
Knowles' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.04%), Franklin Resources Inc. (11.12%), Vanguard Group Inc. (10.18%), Dimensional Fund Advisors LP (8.41%), Sterling Capital Management LLC (2.73%) and Investment Counselors of Maryland LLC (1.75%). Company insiders that own Knowles stock include Didier Hirsch, Jeffrey Niew, John S Anderson, Keith Barnes, Michael S Polacek and Thomas G Jackson. View Institutional Ownership Trends for Knowles.
Which major investors are selling Knowles stock?
KN stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Sterling Capital Management LLC, Putnam Investments LLC, Oppenheimer Asset Management Inc., Anchor Capital Advisors LLC, Wellington Shields Capital Management LLC, BB&T Corp and Lapides Asset Management LLC. Company insiders that have sold Knowles company stock in the last year include Keith Barnes and Thomas G Jackson. View Insider Buying and Selling for Knowles.
Which major investors are buying Knowles stock?
KN stock was acquired by a variety of institutional investors in the last quarter, including Granite Investment Partners LLC, Dimensional Fund Advisors LP, BlackRock Inc., Canada Pension Plan Investment Board, Renaissance Technologies LLC, CWM LLC, Vanguard Group Inc. and Allianz Asset Management GmbH. Company insiders that have bought Knowles stock in the last two years include Didier Hirsch, Jeffrey Niew and Michael S Polacek. View Insider Buying and Selling for Knowles.
How do I buy shares of Knowles?
Shares of KN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Knowles' stock price today?
One share of KN stock can currently be purchased for approximately $14.08.
How big of a company is Knowles?
Knowles has a market capitalization of $1.29 billion and generates $744.20 million in revenue each year. The communications equipment provider earns $68.30 million in net income (profit) each year or $0.70 on an earnings per share basis. Knowles employs 7,900 workers across the globe.
What is Knowles' official website?
How can I contact Knowles?
Knowles' mailing address is 1151 MAPLEWOOD DRIVE, ITASCA IL, 60143. The communications equipment provider can be reached via phone at 630-250-5100 or via email at [email protected]
MarketBeat Community Rating for Knowles (NYSE KN)
MarketBeat's community ratings are surveys of what our community members think about Knowles and other stocks. Vote "Outperform" if you believe KN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KN will underperform the S&P 500 over the long term. You may vote once every thirty days.
