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Knowles upgraded to Buy following 'solid' guidance at Lake Street » 08:52
07/30/20
07/30
08:52
07/30/20
08:52
KN

Knowles

$14.64 /

+0.27 (+1.88%)

As previously reported,…

As previously reported, Lake Street analyst Jaeson Schmidt upgraded Knowles to Buy from Hold with an unchanged price target of $17, as he believes Q2 represents the bottom and the stock can work higher from here after the company issued "solid" Q3 guidance and indicated expectations for quarter-over-quarter growth in Q4. He believes the company's guidance commentary should give confidence in overall visibility into the second half and its ability to navigate the challenging backdrop, Schmidt added.

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KN Knowles
$14.64 /

+0.27 (+1.88%)

KN Knowles
$14.64 /

+0.27 (+1.88%)

07/30/20 Lake Street
Knowles upgraded to Buy from Hold at Lake Street
05/05/20 Lake Street
Knowles to be range-bound until investors gain confidence, says Lake Street
04/13/20 Roth Capital
Knowles price target lowered to $20 from $23 at Roth Capital
04/07/20 Craig-Hallum
Apple supply disruptions may lead to staggered iPhone release, says Craig-Hallum
KN Knowles
$14.64 /

+0.27 (+1.88%)

KN Knowles
$14.64 /

+0.27 (+1.88%)

Upgrade
Knowles upgraded to Buy from Hold at Lake Street » 08:47
07/30/20
07/30
08:47
07/30/20
08:47
KN

Knowles

$14.64 /

+0.27 (+1.88%)

Lake Street analyst…

Lake Street analyst Jaeson Schmidt upgraded Knowles to Buy from Hold with an unchanged price target of $17.

ShowHide Related Items >><<
KN Knowles
$14.64 /

+0.27 (+1.88%)

KN Knowles
$14.64 /

+0.27 (+1.88%)

05/05/20 Lake Street
Knowles to be range-bound until investors gain confidence, says Lake Street
04/13/20 Roth Capital
Knowles price target lowered to $20 from $23 at Roth Capital
04/07/20 Craig-Hallum
Apple supply disruptions may lead to staggered iPhone release, says Craig-Hallum
03/12/20 Baird
Apple AirPods shipment report 'incrementally positive' for Knowles, says Baird
KN Knowles
$14.64 /

+0.27 (+1.88%)

KN Knowles
$14.64 /

+0.27 (+1.88%)

Earnings
Knowles sees Q3 adjusted EPS 17c-23c, consensus 19c » 16:07
07/29/20
07/29
16:07
07/29/20
16:07
KN

Knowles

$14.63 /

+0.26 (+1.81%)

Sees Q3 revenue…

Sees Q3 revenue $185M-$200M, consensus $187.7M.

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KN Knowles
$14.63 /

+0.26 (+1.81%)

KN Knowles
$14.63 /

+0.26 (+1.81%)

05/05/20 Lake Street
Knowles to be range-bound until investors gain confidence, says Lake Street
04/13/20 Roth Capital
Knowles price target lowered to $20 from $23 at Roth Capital
04/07/20 Craig-Hallum
Apple supply disruptions may lead to staggered iPhone release, says Craig-Hallum
03/12/20 Baird
Apple AirPods shipment report 'incrementally positive' for Knowles, says Baird
KN Knowles
$14.63 /

+0.26 (+1.81%)

KN Knowles
$14.63 /

+0.26 (+1.81%)

Earnings
Knowles reports Q2 adjusted EPS (1c), consensus 1c » 16:06
07/29/20
07/29
16:06
07/29/20
16:06
KN

Knowles

$14.62 /

+0.25 (+1.74%)

Reports Q2 revenue…

Reports Q2 revenue $152.2M, consensus $146.61M. "We delivered better than expected sales of MEMS microphones and Precision Devices during the quarter. In Hearing Health, revenue was down close to 50 percent from normal demand due to COVID-19 with sales increasing each month as we moved through Q2," said Jeffrey Niew, president and CEO of Knowles. "I'm pleased with the efforts of our employees around the globe as they worked diligently through this difficult period and allowed us to deliver positive operating cash flow in Q2. As we look to Q3, I anticipate strong sequential growth in revenue and earnings driven by Hearing Health and MEMS microphones. Knowles remains uniquely positioned across the markets we serve and I believe our strategy to deliver high value, differentiated solutions to a diverse set of growing end markets will enable us to come out of this pandemic well positioned to take advantage of future growth," continued Niew.

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KN Knowles
$14.62 /

+0.25 (+1.74%)

KN Knowles
$14.62 /

+0.25 (+1.74%)

05/05/20 Lake Street
Knowles to be range-bound until investors gain confidence, says Lake Street
04/13/20 Roth Capital
Knowles price target lowered to $20 from $23 at Roth Capital
04/07/20 Craig-Hallum
Apple supply disruptions may lead to staggered iPhone release, says Craig-Hallum
03/12/20 Baird
Apple AirPods shipment report 'incrementally positive' for Knowles, says Baird
KN Knowles
$14.62 /

+0.25 (+1.74%)

KN Knowles
$14.62 /

+0.25 (+1.74%)

Over a quarter ago
Recommendations
Knowles to be range-bound until investors gain confidence, says Lake Street » 09:06
05/05/20
05/05
09:06
05/05/20
09:06
KN

Knowles

$14.85 /

-0.395 (-2.59%)

Lake Street analyst…

Lake Street analyst Jaeson Schmidt said Knowles, which is seeing significant headwinds in its hearing health business, is "certainly not the only one seeing headwinds from the macro environment." However, more than 2020 being a down year for revenue he is concerned with the severe earnings decline due to its manufacturing footprint, the analyst tells investors. Schmidt believes shares will be range-bound until investors gain confidence in a meaningful snapback in growth next year and keeps a Hold rating on Knowles with a $17 price target.

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KN Knowles
$14.85 /

-0.395 (-2.59%)

04/13/20 Roth Capital
Knowles price target lowered to $20 from $23 at Roth Capital
04/07/20 Craig-Hallum
Apple supply disruptions may lead to staggered iPhone release, says Craig-Hallum
03/12/20 Baird
Apple AirPods shipment report 'incrementally positive' for Knowles, says Baird
02/18/20
Fly Intel: Top five analyst upgrades
On The Fly
Fly Intel: After-Hours Movers » 07:00
05/05/20
05/05
07:00
05/05/20
07:00
CHGG

Chegg

$43.89 /

+1.5 (+3.54%)

, GNMK

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$11.73 /

-0.86 (-6.83%)

, VRNS

Varonis

$64.74 /

+0.32 (+0.50%)

, CEMI

Chembio Diagnostics

$12.30 /

-0.4 (-3.15%)

, LMNX

Luminex

$35.99 /

+0.4 (+1.12%)

, NSP

Insperity

$49.22 /

+2.23 (+4.75%)

, RMBS

Rambus

$12.74 /

+0.39 (+3.16%)

, TREX

Trex Company

$100.26 /

+8.595 (+9.38%)

, MOS

Mosaic

$10.97 /

-0.18 (-1.61%)

, CORT

Corcept Therapeutics

$12.70 /

+0.5 (+4.10%)

, MTSC

MTS Systems

$18.83 /

-0.7 (-3.58%)

, VNOM

Viper Energy

$8.62 /

-0.025 (-0.29%)

, XPO

XPO Logistics

$63.91 /

-0.14 (-0.22%)

, THC

Tenet

$17.97 /

+0.49 (+2.80%)

, LEG

Leggett & Platt

$34.02 /

+0.2 (+0.59%)

, FANG

Diamondback Energy

$42.53 /

+2.265 (+5.63%)

, SHAK

Shake Shack

$52.78 /

+1.28 (+2.49%)

, AVID

Avid Technology

$6.36 /

-0.1 (-1.55%)

, QSR

Restaurant Brands

$48.99 /

+0.67 (+1.39%)

, WH

Wyndham Hotels & Resorts

$35.65 /

-0.46 (-1.27%)

, FN

Fabrinet

$58.77 /

-0.58 (-0.98%)

, UNM

Unum Group

$17.00 /

+0.51 (+3.09%)

, FIVN

Five9

$95.90 /

+4.04 (+4.40%)

, ITRI

Itron

$67.70 /

-0.91 (-1.33%)

, TACO

Del Taco

$5.24 /

-0.05 (-0.95%)

, TXRH

Texas Roadhouse

$46.44 /

+1.58 (+3.52%)

, FRPT

Freshpet

$71.93 /

-0.67 (-0.92%)

, PE

Parsley Energy

$9.42 /

+0.605 (+6.86%)

, KN

Knowles

$14.85 /

-0.395 (-2.59%)

, WMB

Williams

$19.10 /

+0.54 (+2.91%)

, HTZ

Hertz

$3.59 /

+0.085 (+2.43%)

, LB

L Brands

$12.05 /

+0.06 (+0.50%)

Check out this evening's…

Open Full Text

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CEMI Chembio Diagnostics
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04/23/20 Craig-Hallum
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12/16/19 Canaccord
Chembio Diagnostics weakness a buying opportunity, says Canaccord
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06/17/19 Benchmark
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LMNX Luminex
$35.99 /

+0.4 (+1.12%)

11/11/19 BTIG
Luminex price target lowered to $32 from $37 at BTIG
09/27/19 JPMorgan
JPMorgan downgrades Luminex to Underweight, cuts price target to $21
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NSP Insperity
$49.22 /

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05/05/20 Truist
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05/05/20 Deutsche Bank
Rambus price target raised to $17 from $15 at Deutsche Bank
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MTSC MTS Systems
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MTS Systems upgraded to Buy from Neutral at Sidoti
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VNOM Viper Energy
$8.62 /

-0.025 (-0.29%)

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XPO XPO Logistics
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-0.14 (-0.22%)

05/04/20 Susquehanna
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04/27/20 Credit Suisse
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04/24/20 Deutsche Bank
Deutsche Bank closes 'Catalyst Call Buy' idea on XPO Logistics
04/24/20 Truist
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THC Tenet
$17.97 /

+0.49 (+2.80%)

04/03/20 Truist
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LEG Leggett & Platt
$34.02 /

+0.2 (+0.59%)

04/06/20 Stifel
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12/10/19
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FANG Diamondback Energy
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05/05/20 Northland
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04/09/20 Truist
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SHAK Shake Shack
$52.78 /

+1.28 (+2.49%)

05/05/20 Truist
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05/05/20 Credit Suisse
Shake Shack price target raised to $48 from $40 at Credit Suisse
05/05/20 Barclays
Shake Shack price target lowered to $49 from $60 at Barclays
05/04/20 Goldman Sachs
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AVID Avid Technology
$6.36 /

-0.1 (-1.55%)

04/08/20 Jefferies
Avid Technology recurring business 'holding up,' says Jefferies
11/15/19 B. Riley FBR
Avid Technology initiated with a Buy at B. Riley FBR
06/07/19 Jefferies
Avid Technology price target raised to $8.50 from $6.50 at Jefferies
QSR Restaurant Brands
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+0.67 (+1.39%)

05/04/20 Cowen
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04/28/20 UBS
Restaurant Brands price target lowered to $66 from $80 at UBS
04/27/20 Wells Fargo
Restaurant Brands price target lowered to $52 from $68 at Wells Fargo
04/15/20 CIBC
Restaurant Brands price target lowered to C$60 from C$78 at CIBC
WH Wyndham Hotels & Resorts
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05/04/20 Oppenheimer
Wyndham Hotels & Resorts price target lowered to $55 from $63 at Oppenheimer
04/22/20 BofA
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04/14/20 Barclays
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03/02/20 Oppenheimer
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FN Fabrinet
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-0.58 (-0.98%)

05/05/20 Piper Sandler
Fabrinet price target lowered to $67 from $75 at Piper Sandler
02/04/20 Piper Sandler
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11/05/19 Piper Sandler
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09/30/19 Northland
Fabrinet upgraded to Outperform from Market Perform at Northland
UNM Unum Group
$17.00 /

+0.51 (+3.09%)

03/20/20 RBC Capital
Unum Group price target lowered to $26 from $33 at RBC Capital
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RBC Capital sees some time before Life Insurance returns to 'normal'
03/11/20 Credit Suisse
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01/02/20 JPMorgan
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FIVN Five9
$95.90 /

+4.04 (+4.40%)

05/05/20 Craig-Hallum
Five9 price target raised to $108 from $90 at Craig-Hallum
05/05/20 Needham
Five9 price target raised to $115 from $82 at Needham
05/05/20 Canaccord
Five9 price target raised to $100 from $90 at Canaccord
05/05/20 Truist
Five9 price target raised to $102 from $95 at SunTrust
ITRI Itron
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-0.91 (-1.33%)

05/05/20 Cowen
Itron price target lowered to $78 from $88.50 at Cowen
03/19/20 Argus
Itron downgraded to Hold from Buy at Argus
03/19/20 Argus
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02/25/20 JMP Securities
Itron price target raised to $95 from $90 at JMP Securities
TACO Del Taco
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-0.05 (-0.95%)

03/12/20 Wedbush
Del Taco price target lowered to $6 from $11 at Wedbush
01/03/20 BTIG
Chipotle, Domino's, Papa John's top Restaurant picks for 2020, says BTIG
12/10/19 Jefferies
Burger King, Dunkin, Del Taco best positioned QSRs for alt meats, says Jefferies
TXRH Texas Roadhouse
$46.44 /

+1.58 (+3.52%)

05/05/20 Loop Capital
Texas Roadhouse price target lowered to $54 from $66 at Loop Capital
04/23/20 BMO Capital
Texas Roadhouse upgraded to Market Perform from Underperform at BMO Capital
04/06/20 JPMorgan
Texas Roadhouse price target lowered to $37 from $68 at JPMorgan
03/25/20 Gordon Haskett
Texas Roadhouse upgraded to Buy from Underperform at Gordon Haskett
FRPT Freshpet
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-0.67 (-0.92%)

05/05/20 Truist
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04/21/20 BofA
Freshpet initiated with a Neutral at BofA
02/26/20 Truist
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02/18/20 Baird
Freshpet price target raised to $90 from $65 at Baird
PE Parsley Energy
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04/21/20 Imperial Capital
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04/03/20 Wells Fargo
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KN Knowles
$14.85 /

-0.395 (-2.59%)

05/05/20 Lake Street
Knowles to be range-bound until investors gain confidence, says Lake Street
04/13/20 Roth Capital
Knowles price target lowered to $20 from $23 at Roth Capital
04/07/20 Craig-Hallum
Apple supply disruptions may lead to staggered iPhone release, says Craig-Hallum
03/12/20 Baird
Apple AirPods shipment report 'incrementally positive' for Knowles, says Baird
WMB Williams
$19.10 /

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04/27/20 Wells Fargo
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04/27/20 Wells Fargo
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HTZ Hertz
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04/27/20
Fly Intel: Top five analyst downgrades
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LB L Brands
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+0.06 (+0.50%)

05/05/20 Deutsche Bank
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05/05/20 BMO Capital
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Earnings
Knowles reports Q1 EPS 3c, consensus 2c » 16:18
05/04/20
05/04
16:18
05/04/20
16:18
KN

Knowles

$14.84 /

-0.4 (-2.62%)

Reports Q1 revenue…

Reports Q1 revenue $163.1M, consensus $162.42M. "We reported first quarter revenues and earnings that were in line with our updated guidance," said Jeffrey Niew, president and CEO of Knowles. "Audio sales were lower than the year ago period partially offset by higher Precision Devices sales. While Q1 Audio demand was weaker than our original projections due to COVID-19, much of the weakness hit later in the quarter. We are anticipating sequentially lower Audio sales driven by significantly weaker hearing health demand in Q2. We also experienced disruptions within Knowles' manufacturing operations across Asia, which negatively impacted plant productivity within our Audio segment during the first quarter. We have made progress in returning our China facilities to more normalized operations but expect lower labor productivity and factory utilization in Malaysia and the Philippines to continue in the second quarter as we manage government-enacted workforce restrictions associated with the pandemic and align output with demand."

ShowHide Related Items >><<
KN Knowles
$14.84 /

-0.4 (-2.62%)

04/13/20 Roth Capital
Knowles price target lowered to $20 from $23 at Roth Capital
04/07/20 Craig-Hallum
Apple supply disruptions may lead to staggered iPhone release, says Craig-Hallum
03/12/20 Baird
Apple AirPods shipment report 'incrementally positive' for Knowles, says Baird
02/18/20
Fly Intel: Top five analyst upgrades
Recommendations
Knowles price target lowered to $20 from $23 at Roth Capital » 12:41
04/13/20
04/13
12:41
04/13/20
12:41
KN

Knowles

$14.60 /

-0.27 (-1.82%)

Roth Capital analyst Suji…

Roth Capital analyst Suji Desilva lowered the firm's price target on Knowles to $20 from $23 and keeps a Buy rating on the shares. Desilva said he believes Knowles represents a differentiated investment opportunity in audio sensor and voice processing products. The analyst noted, however, that preliminary Q1 results came in at the low-end of the company's previous guidance, with the bulk of the impact related to China microphone production halts mid-quarter, which have since resumed production.

ShowHide Related Items >><<
KN Knowles
$14.60 /

-0.27 (-1.82%)

04/07/20 Craig-Hallum
Apple supply disruptions may lead to staggered iPhone release, says Craig-Hallum
03/12/20 Baird
Apple AirPods shipment report 'incrementally positive' for Knowles, says Baird
02/18/20
Fly Intel: Top five analyst upgrades
02/18/20 Piper Sandler
Knowles upgraded to Overweight from Neutral at Piper Sandler
Earnings
Knowles reports preliminary Q1 EPS 0c-4c, consensus 9c » 09:09
04/13/20
04/13
09:09
04/13/20
09:09
KN

Knowles

$14.87 /

+0.14 (+0.95%)

Reports preliminary Q1…

Reports preliminary Q1 revenue $163M, consensus $168.61M. "In the first quarter of 2020, COVID-19 caused significant disruptions within Knowles' manufacturing operations across Asia which negatively impacted plant productivity within our Audio segment," said Jeffrey Niew, president and CEO of Knowles. "We have made progress in returning our China facilities to more normalized operations but saw lower-than-planned labor productivity and factory utilization in Malaysia and the Philippines throughout the first quarter."

ShowHide Related Items >><<
KN Knowles
$14.87 /

+0.14 (+0.95%)

04/07/20 Craig-Hallum
Apple supply disruptions may lead to staggered iPhone release, says Craig-Hallum
03/12/20 Baird
Apple AirPods shipment report 'incrementally positive' for Knowles, says Baird
02/18/20
Fly Intel: Top five analyst upgrades
02/18/20 Piper Sandler
Knowles upgraded to Overweight from Neutral at Piper Sandler
Recommendations
Apple supply disruptions may lead to staggered iPhone release, says Craig-Hallum » 08:34
04/07/20
04/07
08:34
04/07/20
08:34
SWKS

Skyworks

$89.42 /

+9.21 (+11.48%)

, AAPL

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$262.12 /

+20.69 (+8.57%)

, STM

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$21.60 /

+2.385 (+12.42%)

, QRVO

Qorvo

$82.55 /

+9.19 (+12.53%)

, KN

Knowles

$14.09 /

+1.25 (+9.74%)

, ON

ON Semiconductor

$12.91 /

+1.98 (+18.12%)

After discussions with…

After discussions with the Apple (AAPL) supply chain, Craig-Hallum analyst Anthony Stoss estimates at best Apple will likely manufacture 40M "new" iPhone units versus their usual 80M this year due to coronavirus impacts. With concerns over demand and multiple recent reports suggesting Apple is seeing supply chain issues, the analyst thinks it is likely they will only plan to manufacture half of their usual builds for the second half of this year. He highlights China is reportedly slowly getting back online and ramping up manufacturing, but new coronavirus cases could slow this ramp if China has to shutdown certain areas of the country once again. Stoss believes nearly every one of Apple suppliers' facilities have been deemed "essential" and remain operating, but most at significantly reduced levels. He has recently cut his numbers for STMicroelectronics (STM), Skyworks (SWKS), Qorvo (QRVO), Knowles (KN) and ON Semiconductor (ON) to account for his lowered view on Apple units.

ShowHide Related Items >><<
SWKS Skyworks
$89.42 /

+9.21 (+11.48%)

03/30/20 Craig-Hallum
Skyworks price target lowered to $110 from $130 at Craig-Hallum
03/12/20 Argus
Skyworks upgraded to Buy from Hold at Argus
03/10/20 Morgan Stanley
Morgan Stanley lowers semiconductor estimates to reflect COVID-19 disruption
03/05/20 Canaccord
Skyworks upgraded to Buy, Canaccord sees well positioned for 5G
AAPL Apple
$262.12 /

+20.69 (+8.57%)

04/03/20 Cowen
Apple price target lowered to $335 from $370 at Cowen
04/03/20 Morgan Stanley
Morgan Stanley trims Apple price target to $298 while suggesting to buy the dip
04/03/20 Credit Suisse
Apple price target lowered to $260 from $290 at Credit Suisse
04/01/20 BofA
Apple, Netflix among BofA's Top 10 U.S. ideas for Q2
STM STMicroelectronics
$21.60 /

+2.385 (+12.42%)

04/01/20 UBS
STMicroelectronics upgraded to Buy from Neutral at UBS
03/19/20
Fly Intel: Top five analyst upgrades
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STMicroelectronics price target lowered to $24 from $32 at Craig-Hallum
03/19/20 Citi
STMicroelectronics upgraded to Buy from Neutral at Citi
QRVO Qorvo
$82.55 /

+9.19 (+12.53%)

04/01/20 JPMorgan
Qorvo price target lowered to $108 from $130 at JPMorgan
03/30/20 Craig-Hallum
Qorvo price target lowered to $100 from $125 at Craig-Hallum
03/05/20 Craig-Hallum
Qorvo price target lowered to $125 from $135 at Craig-Hallum
KN Knowles
$14.09 /

+1.25 (+9.74%)

03/12/20 Baird
Apple AirPods shipment report 'incrementally positive' for Knowles, says Baird
02/18/20
Fly Intel: Top five analyst upgrades
02/18/20 Piper Sandler
Knowles upgraded to Overweight from Neutral at Piper Sandler
02/05/20 Lake Street
Knowles price target lowered to $17 from $20 at Lake Street
ON ON Semiconductor
$12.91 /

+1.98 (+18.12%)

03/30/20 Citi
ON Semiconductor price target lowered to $19 from $23.50 at Citi
03/19/20 B. Riley FBR
B. Riley FBR downgrades 10 Semiconductor names on escalating risks
03/19/20 B. Riley FBR
ON Semiconductor downgraded to Neutral from Buy at B. Riley FBR

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