Knowles Corp. (NYSE:KN) has received an average recommendation of “Buy” from the twelve brokerages that are covering the firm. Two analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $17.20.

KN has been the topic of a number of recent analyst reports. Roth Capital initiated coverage on shares of Knowles Corp. in a research report on Thursday, September 29th. They set a “buy” rating and a $16.00 price target on the stock. Zacks Investment Research cut shares of Knowles Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday, September 28th. Robert W. Baird raised shares of Knowles Corp. from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $17.00 to $20.00 in a research report on Monday. Susquehanna initiated coverage on shares of Knowles Corp. in a research report on Tuesday, September 20th. They set a “negative” rating and a $12.00 price target on the stock. Finally, JPMorgan Chase & Co. initiated coverage on shares of Knowles Corp. in a research report on Tuesday, September 6th. They set a “neutral” rating and a $15.00 price target on the stock.

Knowles Corp. (NYSE:KN) traded up 0.50% during trading on Thursday, reaching $16.00. 277,303 shares of the company’s stock traded hands. The firm has a 50 day moving average price of $14.66 and a 200-day moving average price of $14.26. The firm’s market cap is $1.42 billion. Knowles Corp. has a 12 month low of $9.68 and a 12 month high of $17.10.

Knowles Corp. (NYSE:KN) last announced its quarterly earnings data on Monday, October 24th. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.07. Knowles Corp. had a negative net margin of 26.75% and a positive return on equity of 6.11%. The firm had revenue of $243.10 million for the quarter, compared to analysts’ expectations of $233.11 million. During the same period last year, the firm earned $0.16 earnings per share. The business’s revenue for the quarter was down 1.5% on a year-over-year basis. On average, analysts forecast that Knowles Corp. will post $0.90 earnings per share for the current fiscal year.

Large investors have recently bought and sold shares of the stock. Janus Capital Management LLC boosted its stake in Knowles Corp. by 1.8% in the second quarter. Janus Capital Management LLC now owns 11,044,597 shares of the company’s stock valued at $151,090,000 after buying an additional 190,499 shares in the last quarter. Vanguard Group Inc. boosted its stake in Knowles Corp. by 4.5% in the second quarter. Vanguard Group Inc. now owns 6,517,697 shares of the company’s stock valued at $89,162,000 after buying an additional 283,146 shares in the last quarter. BlackRock Fund Advisors boosted its stake in Knowles Corp. by 5.7% in the third quarter. BlackRock Fund Advisors now owns 4,615,000 shares of the company’s stock valued at $64,841,000 after buying an additional 249,119 shares in the last quarter. State Street Corp boosted its stake in Knowles Corp. by 1.5% in the first quarter. State Street Corp now owns 2,820,445 shares of the company’s stock valued at $37,175,000 after buying an additional 42,585 shares in the last quarter. Finally, BlackRock Institutional Trust Company N.A. boosted its stake in Knowles Corp. by 0.5% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 2,632,935 shares of the company’s stock valued at $36,019,000 after buying an additional 14,259 shares in the last quarter.

About Knowles Corp.

Knowles Corporation is a supplier of advanced micro-acoustic, audio processing and specialty component solutions, serving the mobile consumer electronics, communications, medical, military, aerospace and industrial markets. It uses micro-electro-mechanical systems (MEMS) microphones and audio processing technologies to optimize audio systems and develop the user experience in smartphones, tablets and wearables.

5 Day Chart for NYSE:KN

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