Knowles (NYSE:KN) Stock Passes Below 50 Day Moving Average – Should You Sell?

Knowles Corporation (NYSE:KNGet Free Report)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $36.20 and traded as low as $35.43. Knowles shares last traded at $36.11, with a volume of 590,887 shares.

Analysts Set New Price Targets

Several analysts have recently issued reports on KN shares. Robert W. Baird set a $44.00 target price on shares of Knowles in a research report on Friday, July 24th. Susquehanna lifted their price target on Knowles from $33.00 to $40.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Zacks Research raised Knowles from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 28th. Weiss Ratings downgraded Knowles from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, August 31st. Finally, Wall Street Zen cut Knowles from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $40.67.

View Our Latest Stock Report on KN

Knowles Stock Down 0.4%

The company’s fifty day moving average price is $36.22 and its 200-day moving average price is $34.22. The stock has a market cap of $3.14 billion, a P/E ratio of 47.72 and a beta of 1.59. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.75 and a current ratio of 3.20.

Knowles (NYSE:KNGet Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The communications equipment provider reported $0.33 EPS for the quarter, beating the consensus estimate of $0.31 by $0.02. The company had revenue of $166.80 million for the quarter, compared to the consensus estimate of $156.97 million. Knowles had a net margin of 10.63% and a return on equity of 11.45%. The firm’s revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.24 EPS. Knowles has set its Q3 2026 guidance at 0.340-0.380 EPS. Equities analysts forecast that Knowles Corporation will post 1.02 EPS for the current year.

Insider Buying and Selling

In related news, Director Cheryl Shavers sold 6,618 shares of the business’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $39.27, for a total transaction of $259,888.86. Following the completion of the transaction, the director owned 35,723 shares in the company, valued at $1,402,842.21. The trade was a 15.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Raymond Cabrera sold 6,178 shares of the company’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $36.28, for a total value of $224,137.84. Following the completion of the transaction, the senior vice president directly owned 127,945 shares in the company, valued at $4,641,844.60. This trade represents a 4.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.24% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in KN. BlackRock Inc. purchased a new position in shares of Knowles during the second quarter worth approximately $571,614,000. Hodges Capital Management Inc. raised its stake in shares of Knowles by 66.2% during the first quarter. Hodges Capital Management Inc. now owns 217,386 shares of the communications equipment provider’s stock valued at $5,582,000 after acquiring an additional 86,563 shares in the last quarter. Andar Capital Management HK Ltd purchased a new stake in shares of Knowles in the second quarter valued at approximately $4,853,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Knowles in the second quarter valued at approximately $21,025,000. Finally, William Blair Investment Management LLC bought a new position in Knowles in the second quarter worth approximately $20,513,000. Hedge funds and other institutional investors own 96.35% of the company’s stock.

About Knowles

(Get Free Report)

Knowles Corporation (NYSE: KN) is a global supplier of advanced audio, electronic and specialty component technologies. The company develops products that enable sound capture, processing and delivery in applications ranging from consumer electronics and communications equipment to medical devices and industrial systems.

Knowles’ product portfolio includes microelectromechanical systems (MEMS) microphones, audio processors, speakers and related acoustic components. It also provides capacitors, resistors and other specialty electronic components, as well as precision devices used in medical, defense, aerospace and other demanding applications.

With operations and customers across North America, Europe, Asia and other international markets, Knowles serves manufacturers in the consumer electronics, mobile communications, hearing health, automotive, industrial and aerospace and defense sectors.

Further Reading

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