Fintel reports that on October 24, 2023, Susquehanna maintained coverage of Knowles (NYSE:KN) with a Neutral recommendation.
Analyst Price Forecast Suggests 46.51% Upside
As of October 5, 2023, the average one-year price target for Knowles is 19.72. The forecasts range from a low of 16.16 to a high of $22.05. The average price target represents an increase of 46.51% from its latest reported closing price of 13.46.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Knowles is 816MM, an increase of 17.86%. The projected annual non-GAAP EPS is 1.31.
What is the Fund Sentiment?
There are 518 funds or institutions reporting positions in Knowles. This is a decrease of 7 owner(s) or 1.33% in the last quarter. Average portfolio weight of all funds dedicated to KN is 0.16%, a decrease of 3.21%. Total shares owned by institutions increased in the last three months by 0.26% to 113,338K shares. 
The put/call ratio of KN is 0.50, indicating a bullish outlook.
What are Other Shareholders Doing?
Franklin Resources holds 8,562K shares representing 9.39% ownership of the company. In it's prior filing, the firm reported owning 6,834K shares, representing an increase of 20.18%. The firm increased its portfolio allocation in KN by 26.09% over the last quarter.
IJR - iShares Core S&P Small-Cap ETF holds 6,410K shares representing 7.03% ownership of the company. In it's prior filing, the firm reported owning 6,636K shares, representing a decrease of 3.54%. The firm decreased its portfolio allocation in KN by 0.63% over the last quarter.
FRVLX - Franklin Small Cap Value Fund holds 5,274K shares representing 5.79% ownership of the company. In it's prior filing, the firm reported owning 4,061K shares, representing an increase of 22.99%. The firm increased its portfolio allocation in KN by 30.79% over the last quarter.
Ariel Investments holds 4,537K shares representing 4.98% ownership of the company. In it's prior filing, the firm reported owning 4,808K shares, representing a decrease of 5.97%. The firm increased its portfolio allocation in KN by 0.79% over the last quarter.
Thrivent Financial For Lutherans holds 3,668K shares representing 4.02% ownership of the company. In it's prior filing, the firm reported owning 3,257K shares, representing an increase of 11.22%. The firm increased its portfolio allocation in KN by 157.37% over the last quarter.
Knowles Background Information
(This description is provided by the company.)
Knowles Corporation is a market leader and global provider of advanced micro-acoustic, audio processing, and precision device solutions, serving the mobile consumer electronics, communications, medtech, defense, automotive, and industrial markets. Knowles uses its leading position in MEMS (micro-electro-mechanical systems) microphones and strong capabilities in audio processing technologies to optimize audio systems and improve the user experience in mobile, ear, and IoT applications. Knowles is also the leader in acoustic components, high-end capacitors, and mmWave RF solutions for a diverse set of markets. Knowles' focus on the customer, combined with unique technology, proprietary manufacturing techniques, rigorous testing, and global scale, enables it to deliver innovative solutions that optimize the user experience. Founded in 1946 and headquartered in Itasca, Illinois, Knowles is a global organization with employees in 12 countries. The company continues to invest in high value solutions to diversify its revenue and increase exposure to high growth markets.
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