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Wednesday, March 22, 2023

The Question Is Whether To Buy Or Not To Buy Knowles Corporation (NYSE: KN)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Knowles Corporation (KN) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $16.07. The Knowles Corporation has recorded 90,723 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Knowles Reports Q4 & Full Year 2022 Financial Results and Provides Outlook for Q1 2023.


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Stocks Info

Knowles Corporation is listed on the NYSE as a member of the Technology sector and is a part of the Communication Equipment industry. At the end of the last regular session, the stock closed at $16.07 and fluctuated between $16.42 as its day high and $15.79 as its day low. The current market capitalization of Knowles Corporation is $1.50B. A total of 1.25 million shares were traded on the day, compared to an average of 794.47K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, KN has seen 14 BUY and 24 SELL insider trades, representing the acquisition of 580,428 and the disposition of 337,818 shares. Over the last 12 months, there were 31 BUYs and 33 SELLs from insiders. Insiders purchased 1,148,707 shares during that period but sold 765,436.

In the most recent transaction, Crowley Daniel J bought 2,000 shares of KN for 13.97 per share on Nov 02. After the transaction, the Director now owns 19,815 company shares. In a previous transaction on May 26, Niew Jeffrey sold 77,537 shares at 18.91 per share. KN shares that President & CEO owns now total 528,590.

Among the insiders who sold shares, SHAVERS CHERYL L disposed of 3,100 shares on May 23 at a per-share price of $18.85. This resulted in the Director holding 52,604 shares of KN after the transaction. In another insider transaction, Cabrera Raymond D. sold 63,830 shares at $19.07 per share on May 09. Company shares held by the SVP, HR & Chief Admin. Officer now total 83,131.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for KN in the last 3 months, the mean price target is $19.80 with high estimates of $24.00 and low estimates of $16.00. In terms of 52-week highs and lows, KN has a high of $22.93 and a low of $11.57.

As of this writing, KN has an earnings estimate of $0.23 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.24 per share and a lower estimate of $0.21. The company reported an EPS of $0.25 in the last quarter, which was 31.60% higher than expectations of $0.19.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 5 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KN is Overweight with a score of 3.00. A total of 2 analysts rated the stock as Buy while 1 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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