Knowles Corporation (KN) Hit 1 Year Low

The stock increased 0.08% or $0.01 during the last trading session, reaching $12.03.Knowles Corporation is downtrending after having declined 33.21% since April 19, 2017.

An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings. KN's profit will be $8.09 million for 32.75 P/E if the $0.09 EPS becomes a reality. The company's market cap is $1.74 billion. On Thursday, February 8 the firm earned "Buy" rating by Roth Capital. The rating was maintained by Craig Hallum on Thursday, February 8 with "Buy". Analysts expect Knowles to post earnings of $0.17 per share for the quarter. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. The company had revenue of $215.50 million for the quarter, compared to the consensus estimate of $221.96 million. Its book value per share for the most recent quarter is $12.65 while its price to book ratio for the same period is 0.95, as for as the company's cash per share for the most recent quarter is $1.25, however its price to cash per share ratio for the same period is 9.6. The stock of Knowles Corporation (NYSE:KN) has "Hold" rating given on Wednesday, December 20 by Piper Jaffray. Benchmark initiated the shares of KN in report on Wednesday, June 29 with "Hold" rating. On average, analysts expect Knowles to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Knowles Corporation is a global supplier of micro-acoustic, audio processing and specialty component solutions, serving the mobile consumer electronics, communications, medical, military, aerospace and industrial markets. In Thursday, April 5 report Susquehanna maintained the stock with "Hold" rating. Craig Hallum reaffirmed a "buy" rating and issued a $16.00 price target (down previously from $17.00) on shares of Knowles in a report on Monday, April 2nd. For the current year the company's revenue estimates are $793.92 Million compared to low analyst estimates of $770 Million and high estimates of $822.37 Million according to 10 number of analysts.

The PEG ratio is used to determine a stock's value while taking the company's earnings growth into account, and is considered to provide a more complete picture than the P/E. Knowles Corporation (NYSE:KN) has a current PEG of 3.25.

In other news, Director Didier Hirsch purchased 3,000 shares of the company's stock in a transaction on Friday, February 16th. The stock was bought at an average cost of $14.45 per share, for a total transaction of $43,350.00. Legal & General Group Plc now owns 72,813 shares of the communications equipment provider's stock worth $1,112,000 after acquiring an additional 3,651 shares during the last quarter. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last three months, insiders bought 8,180 shares of company stock valued at $114,370. Legal & General Group Plc grew its position in Knowles by 5.3% during the 3rd quarter. Also, the number of institutional investors holding First Business Financial Services Inc in top ten stock positions was flat from 1 to 1 for the same number. Finally, CWM LLC grew its position in Knowles by 21.6% during the 4th quarter.