In a report released today, Christopher Rolland from Susquehanna reiterated a Hold rating on Knowles (KN – Research Report), with a price target of $17.00. The company’s shares opened today at $17.42.
According to TipRanks, Rolland is a top 25 analyst with an average return of 24.5% and a 72.46% success rate. Rolland covers the Technology sector, focusing on stocks such as Intel, Qualcomm, and Advanced Micro Devices.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Knowles with a $19.33 average price target.
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KN market cap is currently $1.58B and has a P/E ratio of -3.51.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KN in relation to earlier this year.
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Knowles Corp. supplies advanced micro-acoustic, audio processing and precision device solutions. It operates through the following segments: Audio and Precision Devices. The Audio segment includes analog and digital micro-electro-mechanical systems microphones, electret condenser microphones, smart microphones, ultrasonic sensors, acoustic processors and balanced armature speakers. The Precision Devices segment offers ceramic capacitors, electromagnetic interference filters, capacitors, single layer capacitors, precision variable capacitors, and thin film devices across diverse end markets, such as industrial, defense, aerospace, medical, and telecommunications markets. The company was founded by Hugh Knowles in 1946 and is headquartered in Itasca, IL.
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