Impact of Brokerage Rating on Knowles Corporation(KN)

Many Knowles Corporation(KN) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Knowles Corp was Upgraded by Susquehanna to Neutral on Jan 12, 2017.

Company has reported several Insider transactions to the SEC, on Nov 22, 2016, Keith Barnes (director) sold 3,485 shares at 16.05 per share price.On Aug 1, 2016, Thomas G Jackson (Senior VP & General Counsel) sold 3,764 shares at 13.42 per share price.On Feb 22, 2016, Jeffrey Niew (President & CEO) sold 4,467 shares at 11.15 per share price.

Knowles Corp Last issued its quarterly earnings results on Feb 6, 2017. The company reported $0.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.32. The company had revenue of $240.60 million for the quarter, compared to analysts expectations of $235.14 million. The companys revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.34 EPS.

Knowles Corporation (NYSE:KN) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.67 by 6 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold.

Knowles Corporation (NYSE:KN) should head towards $18.5 per share according to 6 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $16 per share. The higher price estimate target is at $20 according to the Analysts.

Knowles Corporation (NYSE:KN) rose 1.8% or 0.34 points on Tuesday and made its way into the gainers of the day. After trading began at $18.82 the stock was seen hitting $19.28 as a peak level and $18.76 as the lowest level. The stock ended up at $19.26. The daily volume was measured at 659,006 shares. The 52-week high of the share price is $19.34 and the 52-week low is $9.68. The company has a market cap of $1,709 million.

Knowles Corporation operates as a supplier of advanced micro-acoustic, specialty components, and human interface solutions. The Company designs and manufactures acoustic products, including microphones, speakers, and receivers for the handset, tablet, and other consumer electronic markets. It also designs and manufactures electronic components used in medical and life science applications and solutions and components used in communications infrastructure and various other markets. Knowles Corporation is headquartered in Itasca, Illinois.


Share this post

Leave a Reply