Analyst’s Review to Watch: Knowles Corp (NYSE:KN)

The shares of Knowles Corp (NYSE:KN) currently has mean rating of 2.00 while 1 analysts have recommended the shares as “BUY”, 3 recommended as “OUTPERFORM” and 1 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending June-16 is 189.85 million by 4 analysts. The means estimate of sales for the year ending Dec-16 is 870.72 million by 5 analysts.

The mean price target for the shares of Knowles Corp (NYSE:KN) is at 17.80 while the highest price target suggested by the analysts is 21.00 and low price target is 15.00. The mean price target is calculated keeping in view the consensus of 5 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Knowles Corp (NYSE:KN) stands at 0.11 while the EPS for the current year is fixed at 0.87 by 5 analysts.

The next one year’s EPS estimate is set at 1.06 by 5 analysts while a year ago the analysts suggested the company’s EPS at 0.87. The analysts also projected the company’s long-term growth at 15.00% for the upcoming five years.

In its latest quarter ended on 31^st March 2016, Knowles Corp (NYSE:KN) reported earnings of $0.08. The posted earnings topped the analyst’s consensus by $0.05 with the surprise factor of 166.70%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On June 10, 2016 Knowles Corp (NYSE:KN) a market leader and global supplier of advanced micro-acoustic, audio processing, and specialty component solutions, celebrates the launch of the Lenovo PHAB2 and PHAB2 Plus, and the first customer adoption of Knowles’ VoiceIQ™ smart microphone. The high-performance SiSonic™ microphone is paired with best-in-class audio software and voice processing from Knowles to create one of the most advanced audio systems in the mobile consumer electronics industry. The products were launched at Lenovo Tech World in San Francisco on June 9.

“By developing intelligent audio solutions around our high-performance microphones, our engineering team enables thinner, lighter and more powerful devices, like the Lenovo PHAB2 and PHAB2 Plus,” said Paul Dickinson, president, Mobile Consumer Electronics, Intelligent Audio, Knowles Corporation. “We recognize that customers need more than a better microphone, they need an innovative audio solution partner with unique capabilities in acoustics, digital signal processing and software. The result of our approach is advanced audio solutions that enable new features, such as always-on voice-wake applications.”

As consumers increasingly use mobile devices to access social media apps, make and receive calls, view and create videos, and use voice-activated applications, it is critical that audio quality and voice clarity enhance the user’s experience and overall system performance.

“Lenovo is pleased to incorporate Knowles’ VoiceIQ smart microphone, algorithms, and voice processor into our PHAB2 and PHAB2 Plus,” said Hua Zhang, vice-president, Chrome and Android Computing Business Group, Lenovo. “Knowles’ best-in-class microphones in the PHAB2 and PHAB2 Plus are a part of our commitment to deliver the best value in smartphones through ultimate noise-cancelling performance at amazing prices.”