Somewhat Positive Press Coverage Somewhat Unlikely to Impact Knoll (KNL) Stock Price

News headlines about Knoll (NYSE:KNL) have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Knoll earned a news impact score of 0.12 on Accern’s scale. Accern also gave media stories about the business services provider an impact score of 46.4283302481607 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news stories that may have effected Accern Sentiment’s rankings:

How to Become a New Pot Stock Millionaire

NYSE KNL traded up $0.18 during trading hours on Thursday, hitting $20.18. The company’s stock had a trading volume of 113,078 shares, compared to its average volume of 242,351. Knoll has a 52 week low of $16.57 and a 52 week high of $24.47. The stock has a market cap of $966.75, a price-to-earnings ratio of 12.52 and a beta of 1.02. 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 (NYSE:KNL) last posted its earnings results on Thursday, February 8th. The business services provider reported $0.36 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.06). Knoll had a return on equity of 19.97% and a net margin of 7.08%. The firm had revenue of $316.10 million for the quarter, compared to the consensus estimate of $302.07 million. During the same period in the prior year, the business earned $0.44 EPS. Knoll’s quarterly revenue was up 7.9% compared to the same quarter last year. sell-side analysts predict that Knoll will post 1.74 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Thursday, March 15th will be given a dividend of $0.15 per share. The ex-dividend date is Wednesday, March 14th. This represents a $0.60 annualized dividend and a dividend yield of 2.97%. Knoll’s dividend payout ratio is currently 36.81%.

KNL has been the subject of a number of recent analyst reports. Raymond James Financial upgraded Knoll from an “outperform” rating to a “strong-buy” rating and increased their price target for the stock from $23.00 to $26.00 in a report on Tuesday, December 26th. Zacks Investment Research downgraded Knoll from a “buy” rating to a “hold” rating in a research note on Friday, January 12th. Finally, ValuEngine downgraded Knoll from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $26.00.

In other Knoll news, EVP David L. Schutte sold 2,358 shares of Knoll stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $21.57, for a total transaction of $50,862.06. Following the transaction, the executive vice president now owns 58,735 shares of the company’s stock, valued at approximately $1,266,913.95. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.90% of the stock is owned by company insiders.

TRADEMARK VIOLATION WARNING: This piece of content was first published by BBNS and is the sole property of of BBNS. If you are reading this piece of content on another site, it was stolen and reposted in violation of US & international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://baseballnewssource.com/2018/03/29/knoll-knl-earning-somewhat-positive-press-coverage-report-finds/1971646.html.

Knoll Company Profile

Knoll, Inc, together with its subsidiaries, designs, manufactures, markets, and sells commercial and residential furniture, accessories, textiles, fine leathers, and felt for the workplace and residential markets in the United States, Canada, and Europe. The company operates through three segments: Office, Studio, and Coverings.

Insider Buying and Selling by Quarter for Knoll (NYSE:KNL)

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.

 


Latest News

Almora Jr. and Baez Could Become Cubs new One-Two Tandem
Almora Jr. and Baez Could Become Cubs new One-Two Tandem
Red Sox Tie Record for Best Start After 17 Games
Red Sox Tie Record for Best Start After 17 Games
Bryce Harper Hits 406-Foot Home Run While Breaking His Bat
Bryce Harper Hits 406-Foot Home Run While Breaking His Bat
Rick Porcello’s Strong Start Gives Boost to Red Sox
Rick Porcello’s Strong Start Gives Boost to Red Sox
Two Bench Clearing Incidents Revive Red Sox-Yankees Rivalry
Two Bench Clearing Incidents Revive Red Sox-Yankees Rivalry
Xander Bogaerts Goes on Red Sox DL
Xander Bogaerts Goes on Red Sox DL


Leave a Reply

 
© 2006-2018 BBNS.