Knowles Corporation with ticker code (KN) now have 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 24 and 14 with a mean TP of 18.6. Given that the stocks previous close was at 18.76 this would imply there is a potential downside of -.9%. There is a 50 day moving average of 16.37 and the 200 moving average now moves to 16.44. The company has a market cap of $1,712m. Company Website: https://www.knowles.com
The potential market cap would be $1,697m based on the market concensus.
Knowles Corporation offers micro-acoustic microphones and balanced armature speakers, audio solutions, high performance capacitors, and radio frequency products for the consumer electronics, medtech, defense, electric vehicle, industrial, and communications markets. It operates in two segments, Audio and Precision Devices (PD). The Audio segment designs and manufactures audio productsluding microphones, balanced armature speakers, and audio processors used in applications that serve the mobile, hearing health, True Wireless Stereo, Internet of Things, and computing markets. The PD segment is involved in the design and delivery of high-performance capacitor products and RF solutions that are used in applications, such as power supplies and medical implants, satellite communications, and radar systems, as well as for communications equipment. The company sells its products directly to original equipment manufacturers and to their contract manufacturers and suppliers, as well as through distributors. It has operations in Asia, the United States, Europe, other Americas, and internationally. The company was founded in 1946 and is headquartered in Itasca, Illinois.
