Knowles Corporation (NYSE:KN) – Equities research analysts at Dougherty & Co issued their Q1 2018 earnings per share estimates for shares of Knowles in a research report issued to clients and investors on Monday. Dougherty & Co analyst C. Anderson forecasts that the communications equipment provider will earn $0.08 per share for the quarter.
Knowles (NYSE:KN) last announced its quarterly earnings data on Wednesday, February 7th. The communications equipment provider reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.07. The firm had revenue of $215.50 million for the quarter, compared to analyst estimates of $221.96 million. Knowles had a net margin of 8.32% and a return on equity of 6.28%. The business’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.32 earnings per share.
Shares of Knowles (KN) opened at $13.62 on Wednesday. The company has a current ratio of 2.60, a quick ratio of 1.78 and a debt-to-equity ratio of 0.17. The company has a market cap of $1,228.72, a PE ratio of 19.34, a PEG ratio of 1.82 and a beta of 0.78. Knowles has a 52-week low of $13.10 and a 52-week high of $19.90.
A number of hedge funds have recently modified their holdings of the business. AXA grew its position in Knowles by 6.3% in the 4th quarter. AXA now owns 246,648 shares of the communications equipment provider’s stock worth $3,616,000 after purchasing an additional 14,700 shares in the last quarter. Leucadia National Corp grew its position in Knowles by 91.5% in the 4th quarter. Leucadia National Corp now owns 23,358 shares of the communications equipment provider’s stock worth $342,000 after purchasing an additional 11,160 shares in the last quarter. Landscape Capital Management L.L.C. bought a new stake in Knowles in the 4th quarter worth about $267,000. Geode Capital Management LLC grew its position in Knowles by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 760,980 shares of the communications equipment provider’s stock worth $11,155,000 after purchasing an additional 4,102 shares in the last quarter. Finally, Investors Research Corp bought a new stake in Knowles in the 4th quarter worth about $216,000.
In other Knowles news, Director Didier Hirsch bought 2,000 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was bought at an average cost of $13.40 per share, with a total value of $26,800.00. Following the completion of the transaction, the director now directly owns 40,821 shares in the company, valued at approximately $547,001.40. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders have bought 4,947 shares of company stock valued at $71,374. 2.20% of the stock is currently owned by insiders.
Knowles Company Profile
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. The Company operates through two segments: Mobile Consumer Electronics (MCE) and Specialty Components (SC).
Receive News & Ratings for Knowles Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Knowles and related companies with MarketBeat.com's FREE daily email newsletter.