Knowles (NYSE:KN) Announces Earnings Results

Knowles (NYSE:KN) released its quarterly earnings results on Thursday. The communications equipment provider reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.01), Zacks reports. Knowles had a negative net margin of 27.53% and a positive return on equity of 5.16%. The company had revenue of $142.50 million during the quarter. Knowles updated its Q1 2025 guidance to 0.160-0.200 EPS.

Knowles Stock Up 0.6 %

Knowles stock traded up $0.11 during mid-day trading on Friday, reaching $18.36. The company’s stock had a trading volume of 1,607,776 shares, compared to its average volume of 508,772. The business’s 50 day simple moving average is $19.56 and its 200 day simple moving average is $18.47. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.67 and a current ratio of 2.35. Knowles has a 12 month low of $15.00 and a 12 month high of $20.85. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of -7.84 and a beta of 1.42.

Analyst Ratings Changes

A number of brokerages recently weighed in on KN. Craig Hallum lowered shares of Knowles from a “buy” rating to a “hold” rating and set a $17.00 target price for the company. in a research note on Friday. StockNews.com downgraded Knowles from a “buy” rating to a “hold” rating in a report on Saturday, October 26th. Finally, Susquehanna dropped their target price on Knowles from $20.00 to $19.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th.

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).