Wall Street predicts Knowles Corp (KN) stock to surge by 29.67%

A share price of Knowles Corp [KN] is currently trading at $19.28, saw in change for the day. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The KN shares have gain 6.34% over the last week, with a monthly amount glided 6.58%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Knowles Corp [NYSE: KN] stock has seen the most recent analyst activity on August 03, 2022, when ROTH Capital downgraded its rating to a Neutral and also revised its price target to $17 from $20. Previously, Colliers Securities upgraded its rating to Buy on February 10, 2022, and kept the price target unchanged to $25.50. On April 19, 2021, downgrade downgraded it’s rating to Neutral. Craig Hallum reiterated its Buy rating and increased its price target to $23 on January 12, 2021. Craig Hallum reiterated its recommendation of a Buy and raised its price target to $20 on September 04, 2020. Lake Street upgraded its rating to Buy for this stock on July 30, 2020, but kept the price target unchanged to $17. In a note dated May 05, 2020, Craig Hallum reiterated an Buy rating on this stock and revised its target price from $21 to $19.

Knowles Corp experienced fluctuations in its stock price throughout the past year between $14.97 and $19.74. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. Knowles Corp [NYSE: KN] shares were valued at $19.28 at the most recent close of the market. An investor can expect a potential return of 29.67% based on the average KN price forecast.

Analyzing the KN fundamentals

Trailing Twelve Months sales for Knowles Corp [NYSE:KN] were 758.80M which represents -18.62% decline. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at -0.28%, and Net Profit Margin reading is -0.28%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.23 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.29.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.03 points at the first support level, and at 18.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.58, and for the 2nd resistance point, it is at 19.89.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Knowles Corp [NYSE:KN] is 2.35. As well, the Quick Ratio is 1.67, while the Cash Ratio is 0.5. Considering the valuation of this stock, the price to sales ratio is 2.24, the price to book ratio is 2.19.

Transactions by insiders

Recent insider trading involved Anderson John S., Senior Vice President & CFO, that happened on Nov 25 ’24 when 10443.0 shares were sold. Officer, JOHN S ANDERSON completed a deal on Nov 25 ’24 to buy 10443.0 shares. Meanwhile, Senior Vice President & COO Giesecke Daniel J. sold 323.0 shares on Nov 07 ’24.

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