News headlines about Knoll (NYSE:KNL) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Knoll earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 46.1848812910682 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s rankings:
- Knoll Inc Has Returned 25.6% Since SmarTrend Recommendation (KNL) (mysmartrend.com)
- Knoll, Inc. (KNL) Coverage Initiated at Sidoti (americanbankingnews.com)
- BRIEF-Charles Rayfield named Knoll chief financial officer (KNL) (markets.businessinsider.com)
- Knoll (KNL) Names Charles Rayfield as CFO (streetinsider.com)
- See what the IHS Markit Score report has to say about Knoll Inc. (finance.yahoo.com)
A number of research analysts have weighed in on the stock. Sidoti assumed coverage on shares of Knoll in a research report on Wednesday. They set a “buy” rating and a $28.00 target price for the company. Zacks Investment Research lowered shares of Knoll from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 1st. Finally, ValuEngine lowered shares of Knoll from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $26.00.
Knoll (KNL) opened at 18.11 on Friday. The firm has a market cap of $877.76 million, a price-to-earnings ratio of 12.50 and a beta of 0.98. The firm’s 50-day moving average is $19.07 and its 200-day moving average is $22.02. Knoll has a 52-week low of $16.57 and a 52-week high of $28.40.
Knoll (NYSE:KNL) last posted its earnings results on Thursday, July 27th. The business services provider reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by $0.08. The company had revenue of $268.70 million for the quarter, compared to analyst estimates of $284.65 million. Knoll had a return on equity of 23.40% and a net margin of 6.43%. The business’s quarterly revenue was down 8.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.44 EPS. Analysts forecast that Knoll will post $1.38 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date of this dividend is Thursday, September 14th. Knoll’s dividend payout ratio is presently 41.38%.
In other Knoll news, Director Benjamin A. Pardo sold 2,200 shares of Knoll stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $19.45, for a total value of $42,790.00. Following the completion of the sale, the director now owns 23,773 shares in the company, valued at approximately $462,384.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.90% of the stock is owned by insiders.
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About Knoll
Knoll, Inc is a manufacturer of commercial and residential furniture, accessories and coverings. The Company operates through three segments: Office, Studio and Coverings. The Office segment includes a range of workplace products that address workplace planning paradigms. These products include systems furniture, seating, storage, tables, desks and KnollExtra accessories, as well as the international sales of its North American Office products.
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