Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Knoll (KNL) Share Price
News articles about Knoll (NYSE:KNL) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Knoll earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned headlines about the business services provider an impact score of 47.609554582981 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several equities research analysts have recently commented on the stock. UBS AG raised shares of Knoll from a “market perform” rating to an “outperform” rating in a research report on Monday, August 28th. Zacks Investment Research raised shares of Knoll from a “strong sell” rating to a “hold” rating in a research report on Monday, October 2nd. Raymond James Financial, Inc. raised shares of Knoll from a “market perform” rating to an “outperform” rating and set a $20.00 target price for the company in a research report on Monday, August 28th. TheStreet downgraded shares of Knoll from a “b-” rating to a “c+” rating in a research report on Thursday, September 7th. Finally, Sidoti assumed coverage on shares of Knoll in a research report on Wednesday, August 16th. They set a “buy” rating and a $28.00 target price for the company. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $24.00.
Knoll (NYSE KNL) traded down $0.28 during trading hours on Friday, hitting $20.72. 188,585 shares of the stock traded hands, compared to its average volume of 478,027. The company has a current ratio of 1.35, a quick ratio of 0.62 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $1,021.95, a P/E ratio of 14.49 and a beta of 1.07. Knoll has a one year low of $16.57 and a one year high of $28.40.
Knoll (NYSE:KNL) last posted its earnings results on Monday, October 23rd. The business services provider reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04. The company had revenue of $291.26 million during the quarter, compared to the consensus estimate of $277.40 million. Knoll had a net margin of 6.21% and a return on equity of 22.41%. The firm’s revenue for the quarter was down .3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.44 earnings per share. equities research analysts predict that Knoll will post 1.42 earnings per share for the current year.
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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.
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