Alert: Positive Investment/Fundamental Signals (11/20/23)-Knowles Corp (NYSE: KN)


Recent extremely meaningful positive changes in investment behavior have benefitted Knowles Corp (NYSE: KN): its shorter term price trend turned up, and positive upside/downside volume developed.

Recent notable positive changes in fundamentals have benefitted Knowles Corp (NYSE: KN): significant quarterly earnings acceleration occurred, and the consensus estimate for December, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, KN is expected to continue to be a Value Builder.

Knowles has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Knowles has a neutral Power Rating of 41 and a slightly negative Appreciation Score of 31, producing the Negative Value Trend Rating.

Recent Price Action

Knowles Corp (NYSE: KN) stock closed at $16.39 on 11/20/23 after an increase of 1.2%. The stock has performed in line with the market over the last nine months and has risen 6.3% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.