Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Knowles (KN) Stock Price

Headlines about Knowles (NYSE:KN) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Knowles earned a news sentiment score of 0.05 on Accern’s scale. Accern also gave media coverage about the communications equipment provider an impact score of 44.2050824225285 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the news headlines that may have impacted Accern’s rankings:

KN has been the subject of a number of research reports. Piper Jaffray initiated coverage on Knowles in a research note on Wednesday, December 20th. They issued a “neutral” rating and a $15.50 price target for the company. Craig Hallum reiterated a “buy” rating and issued a $17.00 price target (down from $20.00) on shares of Knowles in a research note on Thursday, February 8th. Lake Street Capital dropped their price target on Knowles from $19.00 to $17.00 and set a “buy” rating for the company in a research note on Thursday, February 8th. Finally, Zacks Investment Research cut Knowles from a “hold” rating to a “sell” rating in a research note on Wednesday, February 14th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $18.08.

NYSE KN traded up $0.23 on Thursday, reaching $12.59. The company had a trading volume of 582,065 shares, compared to its average volume of 1,000,959. The company has a market capitalization of $1,114.17, a price-to-earnings ratio of 17.01, a PEG ratio of 1.65 and a beta of 0.79. Knowles has a fifty-two week low of $12.26 and a fifty-two week high of $19.90. The company has a quick ratio of 1.78, a current ratio of 2.60 and a debt-to-equity ratio of 0.17.

Knowles (NYSE:KN) last posted its quarterly earnings data on Wednesday, February 7th. The communications equipment provider reported $0.40 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.07. The business had revenue of $215.50 million during the quarter, compared to the consensus estimate of $221.96 million. Knowles had a return on equity of 6.28% and a net margin of 8.32%. Knowles’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.32 earnings per share. research analysts expect that Knowles will post 0.75 earnings per share for the current fiscal year.

In related news, Director Didier Hirsch acquired 3,000 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The stock was acquired at an average cost of $14.45 per share, for a total transaction of $43,350.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders purchased 8,009 shares of company stock valued at $114,693 over the last 90 days. 3.70% of the stock is currently owned by company insiders.

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Knowles Company Profile

Knowles Corporation is a global supplier of micro-acoustic, audio processing and specialty component solutions, serving the mobile consumer electronics, communications, medical, military, aerospace and industrial markets. The Company operates through two segments: Mobile Consumer Electronics (MCE) and Specialty Components (SC).

Insider Buying and Selling by Quarter for Knowles (NYSE:KN)

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