Knowles (KN) Expected to Announce Earnings on Wednesday

Knowles (NYSE:KN) is projected to announce its earnings results before the market opens on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.30 per share and revenue of $146.00 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Knowles Stock Down 3.4 %

Shares of KN stock opened at $18.28 on Tuesday. The company’s fifty day simple moving average is $19.77 and its two-hundred day simple moving average is $18.48. Knowles has a 52 week low of $14.97 and a 52 week high of $20.85. The stock has a market cap of $1.61 billion, a P/E ratio of -7.81 and a beta of 1.42. The company has a quick ratio of 1.67, a current ratio of 2.35 and a debt-to-equity ratio of 0.23.

Wall Street Analysts Forecast Growth

KN has been the topic of several recent research reports. Craig Hallum upgraded Knowles to a “strong-buy” rating in a report on Wednesday, October 16th. StockNews.com lowered shares of Knowles from a “buy” rating to a “hold” rating in a report on Saturday, October 26th. Finally, Susquehanna cut their price target 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.

Insider Activity

In other news, CEO Jeffrey Niew sold 157,699 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $18.98, for a total transaction of $2,993,127.02. Following the sale, the chief executive officer now owns 820,698 shares in the company, valued at approximately $15,576,848.04. The trade was a 16.12 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Air A. Jr. Bastarrica sold 3,762 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $19.46, for a total transaction of $73,208.52. Following the transaction, the vice president now owns 61,681 shares in the company, valued at $1,200,312.26. The trade was a 5.75 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.57% of the company’s stock.

About Knowles

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).