Shares of Knowles Corporation (NYSE:KN) have received an average recommendation of “Hold” from the six research firms that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is $19.50.

A number of brokerages have issued reports on KN. Zacks Investment Research raised shares of Knowles from a “sell” rating to a “hold” rating in a report on Wednesday, September 6th. Lake Street Capital reissued a “buy” rating and issued a $20.00 price target on shares of Knowles in a report on Monday, November 20th. BidaskClub raised shares of Knowles from a “strong sell” rating to a “sell” rating in a report on Saturday, August 26th. Finally, Robert W. Baird reissued a “buy” rating and issued a $20.00 price target on shares of Knowles in a report on Friday, October 27th.

Several large investors have recently bought and sold shares of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Knowles by 0.5% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,022 shares of the communications equipment provider’s stock worth $220,000 after purchasing an additional 66 shares during the period. Amalgamated Bank lifted its position in Knowles by 0.9% during the 2nd quarter. Amalgamated Bank now owns 12,533 shares of the communications equipment provider’s stock valued at $212,000 after acquiring an additional 117 shares during the period. Retirement Systems of Alabama lifted its position in Knowles by 0.5% during the 2nd quarter. Retirement Systems of Alabama now owns 115,023 shares of the communications equipment provider’s stock valued at $1,946,000 after acquiring an additional 520 shares during the period. Arizona State Retirement System lifted its position in Knowles by 1.9% during the 2nd quarter. Arizona State Retirement System now owns 37,600 shares of the communications equipment provider’s stock valued at $636,000 after acquiring an additional 700 shares during the period. Finally, Nationwide Fund Advisors lifted its position in Knowles by 0.3% during the 2nd quarter. Nationwide Fund Advisors now owns 218,673 shares of the communications equipment provider’s stock valued at $3,700,000 after acquiring an additional 739 shares during the period.

Shares of Knowles (NYSE:KN) opened at $14.39 on Thursday. The stock has a market cap of $1,336.66, a price-to-earnings ratio of 21.97, a price-to-earnings-growth ratio of 2.33 and a beta of 0.76. Knowles has a twelve month low of $14.11 and a twelve month high of $19.90. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.39 and a quick ratio of 1.43.

Knowles (NYSE:KN) last announced its quarterly earnings results on Wednesday, October 25th. The communications equipment provider reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.09. The business had revenue of $221.70 million for the quarter, compared to analyst estimates of $220.62 million. Knowles had a net margin of 0.25% and a return on equity of 6.13%. The company’s revenue was down 8.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.37 EPS. equities analysts expect that Knowles will post 0.64 earnings per share for the current year.

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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).

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