Why Knowles Corporation (NYSE:KN) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $18.0000 on Knowles Corporation (NYSE:KN) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.8500 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Knowles Corporation (NYSE:KN) stands at N/A.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Knowles Corporation Common Stoc, the PEG ratio for coming 3-5 years is 1.0900.

Technical Analysis

The technical analysis highlights that Knowles Corporation Common Stoc current is trading $-0.0580 points away or -0.4057% from its 50-day moving average of $14.2981. Further it is trading $0.7613 or +5.6481% away its 200-day moving average of $13.4788.

The 52-week high of Knowles Corporation (NYSE:KN) was $22.3300 while lowest point recorded in 52-week was $9.6800. It implies if stock price makes a movement of over $-8.0899, it will record a new 52-week high. In the case of +47.1085% drop, it will touch a new 52-week low.

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