It’s Not Over Yet For Knowles Corp (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. Most recently, Yahoo Finance reported about the stock as it publicized that Knowles to Release Fourth Quarter and Full Year 2023 Financial Results on February 7, 2024.

Stocks Info

Knowles Corp 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 $17.19 and fluctuated between $17.58 as its day high and $17.18 as its day low. The current market capitalization of Knowles Corp is $1.55B. A total of 0.53 million shares were traded on the day, compared to an average of 533.46K 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 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 5,000 shares. Over the last 12 months, there were 22 BUYs and 25 SELLs from insiders. Insiders purchased 404,248 shares during that period but sold 139,731.

In the most recent transaction, Cabrera Raymond D. sold 5,000 shares of KN for 15.42 per share on Nov 09. After the transaction, the SVP, HR & Chief Admin. Officer now owns 84,202 company shares. In a previous transaction on May 18, SHAVERS CHERYL L sold 12,205 shares at 16.61 per share. KN shares that Director owns now total 50,772.

Among the insiders who sold shares, Cabrera Raymond D. disposed of 8,490 shares on May 03 at a per-share price of $16.36. This resulted in the SVP, HR & Chief Admin. Officer holding 89,202 shares of KN after the transaction.

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 $19.25 with high estimates of $21.00 and low estimates of $15.00. In terms of 52-week highs and lows, KN has a high of $20.25 and a low of $12.78.

As of this writing, KN has an earnings estimate of $0.29 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.31 per share and a lower estimate of $0.29. The company reported an EPS of $0.23 in the last quarter, which was 4.50% higher than expectations of $0.22.

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. KN’s latest balance sheet shows that the firm has $68.90M in Cash & Short Term Investments as of fiscal 2021. There were $102.40M in debt and $166.20M in liabilities at the time. Its Book Value Per Share was $11.01, while its Total Shareholder’s Equity was $1.46B.

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, 0 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 Buy with a score of 3.00.