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.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on KN. StockNews.com downgraded Knowles from a "buy" rating to a "hold" rating in a research note on Thursday, August 4th. TheStreet downgraded Knowles from a "b" rating to a "c+" rating in a research note on Wednesday, May 11th. Susquehanna Bancshares reiterated a "hold" rating and set a $20.00 target price on shares of Knowles in a research note on Friday, April 29th. Roth Capital downgraded Knowles from a "buy" rating to a "neutral" rating and cut their target price for the company from $20.00 to $17.00 in a research note on Wednesday, August 3rd. Finally, Susquehanna reiterated a "hold" rating and set a $20.00 target price on shares of Knowles in a research note on Friday, April 29th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $20.63.

Knowles Price Performance

NYSE:KN opened at $16.64 on Tuesday. The business's fifty day moving average price is $18.11 and its 200-day moving average price is $19.61. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of -14.10 and a beta of 1.37. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.54 and a quick ratio of 1.27. Knowles has a 1-year low of $15.40 and a 1-year high of $23.81.

Insider Activity

In other news, CEO Jeffrey Niew sold 77,537 shares of the 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 transaction, the chief executive officer now directly owns 528,590 shares of the company's stock, valued at approximately $9,995,636.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, CEO Jeffrey Niew sold 77,537 shares of the 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 transaction, the chief executive officer now directly owns 528,590 shares of the company's stock, valued at approximately $9,995,636.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Cheryl L. Shavers sold 3,100 shares of the firm's 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 transaction, the director now directly owns 52,604 shares in the company, valued at $991,585.40. The disclosure for this sale can be found here. Insiders own 3.15% of the company's stock.