The stock of Knowles Corp (NYSE:KN) is a huge mover today! About 320,040 shares traded hands. Knowles Corp (NYSE:KN) has risen 23.95% since March 1, 2016 and is uptrending. It has outperformed by 14.70% the S&P500.
The move comes after 7 months positive chart setup for the $1.29 billion company. It was reported on Oct, 4 by Barchart.com. We have $19.82 PT which if reached, will make NYSE:KN worth $477.30 million more.
Analysts await Knowles Corp (NYSE:KN) to report earnings on October, 24. They expect $0.23 earnings per share, up 109.09% or $0.12 from last year’s $0.11 per share. KN’s profit will be $20.50 million for 15.73 P/E if the $0.23 EPS becomes a reality. After $0.06 actual earnings per share reported by Knowles Corp for the previous quarter, Wall Street now forecasts 283.33% EPS growth.
Knowles Corp (NYSE:KN) Ratings Coverage
Out of 11 analysts covering Knowles Corporation (NYSE:KN), 5 rate it a “Buy”, 3 “Sell”, while 3 “Hold”. This means 45% are positive. Knowles Corporation has been the topic of 15 analyst reports since August 20, 2015 according to StockzIntelligence Inc. Zacks downgraded the stock to “Sell” rating in Thursday, September 17 report. The stock of Knowles Corp (NYSE:KN) earned “Mkt Perform” rating by FBR Capital on Monday, September 28. The company was initiated on Wednesday, June 29 by Benchmark. As per Thursday, September 3, the company rating was upgraded by Zacks. FBR Capital maintained the shares of KN in a report on Friday, February 12 with “Underperform” rating. The firm earned “Buy” rating on Thursday, September 29 by Roth Capital. As per Friday, February 12, the company rating was maintained by Topeka Capital Markets. The stock of Knowles Corp (NYSE:KN) earned “Underperform” rating by FBR Capital on Tuesday, October 27. The company was upgraded on Monday, January 4 by Craig Hallum. The company was initiated on Tuesday, September 20 by Susquehanna.
According to Zacks Investment Research, “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.”
More notable recent Knowles Corp (NYSE:KN) news were published by: Marketwatch.com which released: “Knowles upgraded to market perform from underperform at FBR & Co.” on August 25, 2009, also Fool.com with their article: “Why Knowles Corp. Stock Slumped Today” published on July 27, 2016, Fool.com published: “Why Knowles Corp Shares Plunged Today” on February 12, 2016. More interesting news about Knowles Corp (NYSE:KN) were released by: Fool.com and their article: “Why Knowles Corp. Dropped Tuesday” published on October 27, 2015 as well as Fool.com‘s news article titled: “Why Shares of Knowles Corp. Are Soaring Today” with publication date: April 26, 2016.
KN Company Profile
Knowles Corporation, incorporated on June 12, 2013, is a supplier of advanced micro-acoustic, audio processing and specialty component solutions, serving the mobile consumer electronics, communications, medical, military, aerospace and industrial markets. The Firm uses micro-electro-mechanical systems (MEMS) microphones and audio processing technologies to optimize audio systems and develop the user experience in smartphones, tablets and wearables. The Company’s divisions include Mobile Consumer Electronics (MCE) and Specialty Components (SC). The MCE segment includes analog and digital microphones, MEMS microphones, surface mounted device microphones, receivers, speakers, integrated modules, multi-functional devices, ultrasonic sensors, voice processors and integrated audio sub-systems. The SC segment includes transducers, oscillators, capacitors and filters. The Firm makes acoustics components, which are used in hearing aids. The Company’s subsidiary, Audience, Inc., offers intelligent audio and signal processing solutions.
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