Knowles (NYSE:KN – Get Free Report) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.26-0.30 for the period, compared to the consensus earnings per share estimate of $0.30. The company issued revenue guidance of $141-151 million, compared to the consensus revenue estimate of $145.30 million.
Knowles Stock Performance
Shares of KN opened at $17.66 on Friday. The company has a current ratio of 2.36, a quick ratio of 1.30 and a debt-to-equity ratio of 0.28. The firm has a market cap of $1.56 billion, a PE ratio of -8.14 and a beta of 1.42. The company’s 50 day simple moving average is $17.59 and its 200-day simple moving average is $17.36. Knowles has a 12-month low of $12.78 and a 12-month high of $19.73.
Knowles (NYSE:KN – Get Free Report) last announced its earnings results on Wednesday, July 31st. The communications equipment provider reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.16). The business had revenue of $204.70 million for the quarter. Knowles had a positive return on equity of 5.39% and a negative net margin of 24.36%.
Analyst Ratings Changes
Check Out Our Latest Research Report on Knowles
Insider Activity at Knowles
In other Knowles news, Director Cheryl L. Shavers sold 12,579 shares of the business’s stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $17.29, for a total transaction of $217,490.91. Following the sale, the director now directly owns 48,933 shares in the company, valued at approximately $846,051.57. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Knowles news, Director Keith Barnes sold 6,725 shares of the business’s stock in a transaction on Monday, September 30th. The shares were sold at an average price of $17.88, for a total transaction of $120,243.00. Following the sale, the director now directly owns 86,192 shares in the company, valued at approximately $1,541,112.96. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Cheryl L. Shavers sold 12,579 shares of the business’s stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $17.29, for a total transaction of $217,490.91. Following the sale, the director now owns 48,933 shares in the company, valued at $846,051.57. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,748 shares of company stock worth $530,948 in the last three months. Insiders own 2.65% 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).
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