Alert: Negative Investment/Fundamental Signals (10/25/24)-Knowles Corp (NYSE: KN)

out_logo_500#71745.jpg

Knowles Corp (NYSE: KN) suffers from important negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Recent notable negative changes in investment behavior have affected Knowles Corp (NYSE: KN): its shorter term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

out_mm#71745.jpg

Current PriceTarget Research Rating

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

Knowles has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Knowles has a slightly negative Appreciation Score of 40 but a slightly positive Power Rating of 61, resulting in the Neutral Value Trend Rating.

Recent Price Action

Knowles Corp (NYSE: KN) stock enjoyed a large increase of 2.6% on 10/25/24. The stock closed at $17.66. This advance was accompanied by normal trading volume. The stock has been strong relative to the market over the last nine months but has declined -1.4% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*