Several other research analysts have also commented on KN. Zacks Investment Research lowered Knowles from a buy rating to a hold rating in a report on Wednesday, December 26th. JPMorgan Chase & Co. set a $13.00 price objective on shares of Knowles and gave the company a sell rating in a report on Friday, January 4th. ValuEngine lowered shares of Knowles from a hold rating to a sell rating in a report on Monday, October 8th. Finally, Roth Capital reduced their price objective on shares of Knowles from $22.00 to $17.00 and set a buy rating on the stock in a report on Monday, October 22nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of $17.07.
NYSE KN opened at $13.63 on Friday. Knowles has a 52 week low of $10.94 and a 52 week high of $18.32. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.55 and a current ratio of 2.60. The firm has a market cap of $1.19 billion, a PE ratio of 19.47, a P/E/G ratio of 1.47 and a beta of 0.95.
Several institutional investors have recently made changes to their positions in KN. Jefferies Group LLC acquired a new position in shares of Knowles during the third quarter worth about $193,000. Ibex Investors LLC acquired a new position in shares of Knowles during the third quarter worth about $207,000. We Are One Seven LLC acquired a new position in shares of Knowles during the third quarter worth about $232,000. Krane Funds Advisors LLC grew its position in shares of Knowles by 6.4% during the third quarter. Krane Funds Advisors LLC now owns 22,849 shares of the communications equipment provider’s stock worth $380,000 after buying an additional 1,380 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its position in shares of Knowles by 26.0% during the third quarter. Russell Investments Group Ltd. now owns 25,626 shares of the communications equipment provider’s stock worth $426,000 after buying an additional 5,284 shares in the last quarter.
Knowles Company Profile
Knowles Corporation designs, manufactures, and sells micro-acoustic, audio processing, and precision device solutions to the mobile consumer electronics, industrial, defense, aerospace medical, and telecommunications markets worldwide. The company operates in two segments, Audio and Precision Devices.
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