Analysts forecast that Knoll, Inc. (NYSE:KNL) will post earnings of $0.43 per share for the current quarter, Zacks reports. Two analysts have made estimates for Knoll’s earnings. Knoll reported earnings per share of $0.44 during the same quarter last year, which suggests a negative year over year growth rate of 2.3%. The business is scheduled to report its next earnings report on Friday, February 9th.

On average, analysts expect that Knoll will report full year earnings of $1.43 per share for the current year, with EPS estimates ranging from $1.42 to $1.43. For the next fiscal year, analysts anticipate that the business will report earnings of $1.59 per share, with EPS estimates ranging from $1.56 to $1.62. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover Knoll.

Knoll (NYSE:KNL) last announced its quarterly earnings results on Monday, October 23rd. The business services provider reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. The company had revenue of $291.26 million for the quarter, compared to analysts’ expectations of $277.40 million. Knoll had a net margin of 6.21% and a return on equity of 21.94%. The business’s quarterly revenue was down .3% compared to the same quarter last year. During the same period last year, the firm posted $0.44 earnings per share.

A number of equities analysts have recently weighed in on KNL shares. TheStreet raised shares of Knoll from a “c+” rating to a “b-” rating in a research report on Friday, November 17th. Sidoti started coverage on shares of Knoll in a research report on Wednesday, August 16th. They set a “buy” rating and a $28.00 price target on the stock. Zacks Investment Research raised shares of Knoll from a “strong sell” rating to a “hold” rating in a research report on Monday, October 2nd. Raymond James Financial raised shares of Knoll from a “market perform” rating to an “outperform” rating and set a $20.00 price target on the stock in a research report on Monday, August 28th. Finally, UBS raised shares of Knoll from a “market perform” rating to an “outperform” rating in a research report on Monday, August 28th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $24.00.

Knoll (NYSE:KNL) opened at $21.25 on Monday. The firm has a market cap of $1,050.00, a price-to-earnings ratio of 14.86 and a beta of 1.07. Knoll has a 52-week low of $16.57 and a 52-week high of $28.40. The company has a current ratio of 1.31, a quick ratio of 0.62 and a debt-to-equity ratio of 0.61.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. FMR LLC lifted its position in Knoll by 28.1% in the 2nd quarter. FMR LLC now owns 4,036,259 shares of the business services provider’s stock valued at $80,927,000 after acquiring an additional 884,982 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Knoll by 3.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,992,197 shares of the business services provider’s stock valued at $39,844,000 after acquiring an additional 68,154 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Knoll by 3.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,904,661 shares of the business services provider’s stock valued at $38,093,000 after acquiring an additional 58,169 shares in the last quarter. Macquarie Group Ltd. lifted its position in Knoll by 29.5% in the 3rd quarter. Macquarie Group Ltd. now owns 1,795,464 shares of the business services provider’s stock valued at $35,909,000 after acquiring an additional 409,142 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its position in Knoll by 121.0% in the 2nd quarter. Alliancebernstein L.P. now owns 1,406,649 shares of the business services provider’s stock valued at $28,203,000 after acquiring an additional 770,256 shares in the last quarter. 90.53% of the stock is currently owned by institutional investors and hedge funds.

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About Knoll

Knoll, Inc is a manufacturer of commercial and residential furniture, accessories and coverings. The Company operates through three segments: Office, Studio and Coverings. The Office segment includes a range of workplace products that address workplace planning paradigms. These products include systems furniture, seating, storage, tables, desks and KnollExtra accessories, as well as the international sales of its North American Office products.

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Earnings History and Estimates for Knoll (NYSE:KNL)

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