Susquehanna analyst Christopher Rolland reiterated a Hold rating on Knowles (KN – Research Report) today and set a price target of $16.00. The company’s shares closed yesterday at $18.00.
Rolland covers the Technology sector, focusing on stocks such as ON Semiconductor, Qualcomm, and Analog Devices. According to TipRanks, Rolland has an average return of 25.5% and a 74.25% success rate on recommended stocks.
Knowles has an analyst consensus of Moderate Buy, with a price target consensus of $18.00.
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KN market cap is currently $1.69B and has a P/E ratio of -8.31.
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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