Knowles (NYSE:KN) Issues Earnings Results

Knowles (NYSE:KN) released its earnings results on Thursday. The communications equipment provider reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01), Zacks reports. Knowles had a positive return on equity of 5.16% and a negative net margin of 27.53%. Knowles updated its Q1 2025 guidance to 0.160-0.200 EPS.

Knowles Trading Up 0.6 %

NYSE KN opened at $18.36 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.35 and a quick ratio of 1.67. The firm’s fifty day moving average price is $19.56 and its 200 day moving average price is $18.47. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of -7.84 and a beta of 1.42. Knowles has a 12 month low of $15.00 and a 12 month high of $20.85.

Analysts Set New Price Targets

KN has been the topic of a number of analyst reports. Craig Hallum lowered shares of Knowles from a “buy” rating to a “hold” rating and set a $17.00 price objective on the stock. in a report on Friday. Susquehanna reduced their price objective on shares of Knowles from $20.00 to $19.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Finally, StockNews.com lowered shares of Knowles from a “buy” rating to a “hold” rating in a report on Saturday, October 26th.

Knowles Company Profile

Knowles Corporation offers capacitors, radio frequency (RF) filtering products, balanced armature speakers, micro-acoustic microphones, and audio solutions in Asia, the United States, Europe, other Americas, and internationally. It operates through three segments: Precision Devices (PD); Medtech & Specialty Audio (MSA); and Consumer MEMS Microphones (CMM).