Knowles (KN) to Release Quarterly Earnings on Wednesday

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

Knowles Stock Up 0.1 %

Shares of NYSE:KN opened at $19.29 on Wednesday. Knowles has a 1 year low of $14.97 and a 1 year high of $20.85. The stock has a 50-day simple moving average of $19.75 and a 200-day simple moving average of $18.49. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.67 and a current ratio of 2.35. The stock has a market capitalization of $1.70 billion, a P/E ratio of -8.25 and a beta of 1.43.

Insider Buying and Selling

In other news, VP Air A. Jr. Bastarrica sold 3,762 shares of the business’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $19.46, for a total value of $73,208.52. Following the sale, the vice president now owns 61,681 shares of the company’s stock, valued at approximately $1,200,312.26. The trade was a 5.75 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jeffrey Niew sold 157,699 shares of Knowles stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $18.98, for a total value of $2,993,127.02. Following the transaction, the chief executive officer now directly 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 disclosure for this sale can be found here. Insiders sold 182,541 shares of company stock valued at $3,436,500 in the last three months. 2.57% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Susquehanna dropped their price target on shares of Knowles from $20.00 to $19.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. StockNews.com lowered Knowles from a “buy” rating to a “hold” rating in a research report on Saturday, October 26th. Finally, Craig Hallum raised Knowles to a “strong-buy” rating in a report on Wednesday, October 16th.

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).