With 0.62 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.93 million shares. The 52-week range on KN shows that it touched its highest point at $20.85 and its lowest point at $12.19 during that stretch. It currently has a 1-year price target of $20.75. Beta for the stock currently stands at 1.43.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KN was up-trending over the past week, with a rise of 2.31%, but this was up by 27.00% over a month. Three-month performance dropped to -11.80% while six-month performance fell -6.40%. The stock lost -2.03% in the past year, while it has lost -17.86% so far this year. A look at the trailing 12-month EPS for KN yields -2.71 with Next year EPS estimates of 1.27. For the next quarter, that number is 0.23. This implies an EPS growth rate of 15.93% for this year and 20.62% for next year.
Float and Shares Shorts:
At present, 87.68 million KN shares are outstanding with a float of 84.55 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KN since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.0173 being high and $0.93339 being low. For KN, this leads to a yearly average estimate of $0.9825.
