Headlines about Knoll (NYSE:KNL) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Knoll earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 45.5433529223421 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several analysts have issued reports on KNL shares. TheStreet upgraded Knoll from a “c+” rating to a “b-” rating in a research note on Friday, November 17th. Zacks Investment Research upgraded Knoll from a “hold” rating to a “buy” rating and set a $26.00 target price on the stock in a research note on Friday, January 5th. ValuEngine lowered Knoll from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Finally, Raymond James Financial upgraded Knoll from an “outperform” rating to a “strong-buy” rating and boosted their price objective for the company from $23.00 to $26.00 in a research note on Tuesday, December 26th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $26.00.
Shares of Knoll (KNL) opened at $22.39 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.60 and a current ratio of 1.25. Knoll has a one year low of $16.57 and a one year high of $24.47. The stock has a market capitalization of $1,108.32, a price-to-earnings ratio of 13.74 and a beta of 1.02.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Thursday, March 15th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.68%. Knoll’s payout ratio is 36.81%.
In related news, EVP David L. Schutte sold 2,358 shares of the business’s stock in a transaction on Monday, March 5th. The stock was sold at an average price of $21.57, for a total transaction of $50,862.06. Following the sale, the executive vice president now directly owns 58,735 shares in the company, valued at approximately $1,266,913.95. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.90% of the company’s stock.
Knoll, Inc is a manufacturer of commercial and residential furniture, accessories and coverings. The Company operates through three segments: Office, Studio and Coverings. The Office segment includes a range of workplace products that address workplace planning paradigms. These products include systems furniture, seating, storage, tables, desks and KnollExtra accessories, as well as the international sales of its North American Office products.
Receive News & Ratings for Knoll Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Knoll and related companies with MarketBeat.com's FREE daily email newsletter.