Knoll (NYSE:KNL) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a report issued on Friday.

A number of other research firms also recently issued reports on KNL. TheStreet raised shares of Knoll from a “c+” rating to a “b” rating in a research note on Friday, February 15th. Zacks Investment Research raised shares of Knoll from a “sell” rating to a “hold” rating in a research note on Saturday, December 1st. Finally, Sidoti reduced their price target on shares of Knoll from $31.00 to $29.00 and set a “buy” rating on the stock in a research note on Wednesday, January 2nd.

Knoll stock opened at $19.94 on Friday. The company has a market capitalization of $992.25 million, a PE ratio of 10.78 and a beta of 1.31. Knoll has a 1 year low of $15.72 and a 1 year high of $24.29. The company has a current ratio of 1.22, a quick ratio of 0.59 and a debt-to-equity ratio of 1.15.

Knoll (NYSE:KNL) last released its quarterly earnings results on Wednesday, February 6th. The business services provider reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.04. The business had revenue of $354.60 million for the quarter, compared to the consensus estimate of $354.10 million. Knoll had a net margin of 5.62% and a return on equity of 23.93%. The business’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.36 EPS. On average, research analysts forecast that Knoll will post 2.01 EPS for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in KNL. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Knoll by 56.0% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,625 shares of the business services provider’s stock worth $60,000 after buying an additional 1,301 shares during the period. Quantamental Technologies LLC purchased a new stake in Knoll during the 4th quarter worth approximately $131,000. Lido Advisors LLC increased its stake in Knoll by 17.9% during the 4th quarter. Lido Advisors LLC now owns 10,135 shares of the business services provider’s stock worth $167,000 after buying an additional 1,540 shares during the period. Investors Research Corp increased its stake in Knoll by 4.9% during the 4th quarter. Investors Research Corp now owns 10,650 shares of the business services provider’s stock worth $176,000 after buying an additional 500 shares during the period. Finally, Raymond James Financial Services Advisors Inc. purchased a new stake in Knoll during the 4th quarter worth approximately $179,000. 90.04% of the stock is currently owned by hedge funds and other institutional investors.

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.

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