Alert: Positive Investment/Fundamental Signals (12/15/23)-Knowles Corp (NYSE: KN)


Knowles Corp (NYSE: KN). Extremely significant positive changes in investment behavior have recently occurred: its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.

Small positive changes in Knowles Corp (NYSE: KN) fundamentals have recently occurred: significant quarterly earnings acceleration occurred.

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 inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Knowles has a neutral Power Rating of 42 but a poor Appreciation Score of 30, triggering the Negative Value Trend Rating.

Recent Price Action

Knowles Corp (NYSE: KN) stock closed at $17.87 on 12/15/23 after a modest gain of 0.6%. Moreover, exceptionally high trading volume at 412% of normal accompanied the advance. The stock has risen 11.3% during the last week and has performed in line with the market over the last nine months.

Be the first to comment

Leave a Reply

Your email address will not be published.