Ultime notizie per Knowles (NYSE:KN) Azioni

Knowles

Knowles Corp is engaged in the manufacturing of micro-acoustic microphones and balanced armature speakers, audio solutions, high-performance capacitors, and radio frequency filtering products. It operates in three segments; the Precision Devices segment specializes in the design and delivery of high-performance capacitor products and RF solutions, Medtech & Specialty Audio segment designs and manufactures microphones and balanced armature speakers used in applications and the Consumer MEMS Microphones segment designs and manufactures micro-electro-mechanical systems microphones and audio solutions used in applications. The majority of its revenue comes from the Consumer MEMS Microphones segment.

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KONE Oyj

Jeffrey Niew, President &amp; CEO at Knowles (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KN#NYSE">KN</a>), reported a large exercise of company stock options on November 7, according to a new SEC filing.
What Happened: Niew, President &amp; CEO at Knowles, made a strategic move by exercising stock options for 157,699 shares of KN as detailed in a Form 4 filing on Thursday with the <a href="https://www.sec.gov/Archives/edgar/data/0001587523/000158752324000088//Archives/edgar/data/1587523/000158752324000088/0001587523-24-000088-index.htm">U.S. Securities and Exchange Commission</a>. The transaction value amounted to $755,378.
Knowles shares are trading down 0.47% at $19.08 at the time of this writing on Friday morning. Since the current price is $19.08, this makes Niew's 157,699 shares worth $755,378.
<h3>Discovering Knowles: A Closer Look</h3>
Knowles Corp is engaged in the manufacturing of micro-acoustic microphones and balanced armature speakers, audio solutions, high-performance capacitors, and radio frequency filtering products. It operates in three segments; the Precision Devices segment specializes in the design and delivery of high-performance capacitor products and RF solutions, Medtech &amp; Specialty Audio segment designs and manufactures microphones and balanced armature speakers used in applications and the Consumer MEMS Microphones segment designs and manufactures micro-electro-mechanical systems microphones and audio solutions used in applications. The majority of its revenue comes from the Consumer MEMS Microphones segment.
<h3>Knowles: Delving into Financials</h3>
Revenue Growth: Knowles's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 31.82%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: With a high gross margin of 44.14%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Knowles exhibits below-average bottom-line performance with a current EPS of 0.01.
</li>
</ul>
Debt Management: Knowles's debt-to-equity ratio is below the industry average at 0.3, reflecting a lower dependency on debt financing and a more conservative financial approach.
Valuation Metrics: A Closer Look
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 37.59 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 2.16, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Indicated by a lower-than-industry-average EV/EBITDA ratio of 16.91, the company suggests a potential undervaluation, which might be advantageous for value-focused investors.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
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<h3>Why Pay Attention to Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Understanding Crucial Transaction Codes</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001587523">Check Out The Full List Of Knowles's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Insider Trades

Trading Ideas

Insider Move: Jeffrey Niew Exercises Options, Realizing $755K At Knowles

Robert J Perna, SVP at Knowles (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KN#NYSE">KN</a>), reported an insider sell on November 6, according to a new SEC filing. 
What Happened: Perna's decision to sell 21,080 shares of Knowles was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001587523/000158752324000087//Archives/edgar/data/1587523/000158752324000087/0001587523-24-000087-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value of the sale is $370,164.
During Thursday's morning session, Knowles shares down by 0.0%, currently priced at $19.35.
<h3>Discovering Knowles: A Closer Look</h3>
Knowles Corp is engaged in the manufacturing of micro-acoustic microphones and balanced armature speakers, audio solutions, high-performance capacitors, and radio frequency filtering products. It operates in three segments; the Precision Devices segment specializes in the design and delivery of high-performance capacitor products and RF solutions, Medtech &amp; Specialty Audio segment designs and manufactures microphones and balanced armature speakers used in applications and the Consumer MEMS Microphones segment designs and manufactures micro-electro-mechanical systems microphones and audio solutions used in applications. The majority of its revenue comes from the Consumer MEMS Microphones segment.
<h3>A Deep Dive into Knowles's Financials</h3>
Revenue Growth: Knowles's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 31.82%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: With a high gross margin of 44.14%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): Knowles's EPS reflects a decline, falling below the industry average with a current EPS of 0.01.
</li>
</ul>
Debt Management: Knowles's debt-to-equity ratio is below the industry average at 0.3, reflecting a lower dependency on debt financing and a more conservative financial approach.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 37.94, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 2.18, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 17.06, Knowles's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
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<h3>Unmasking the Significance of Insider Transactions</h3>
Considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Navigating the World of Insider Transaction Codes</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001587523">Check Out The Full List Of Knowles's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

SVP At Knowles Sells $370K Of Stock

Susquehanna analyst Christopher Rolland maintains Knowles (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KN#NYSE">KN</a>) with a Neutral and lowers the price target from $20 to $19.

Price Target

Analyst Ratings

Susquehanna Maintains Neutral on Knowles, Lowers Price Target to $19

Knowles (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KN#NYSE">KN</a>) is looking for Q4 GAAP EPS of $0.12-0.16 vs $0.16 analyst estimate. Raises Q4 sales outlook from $140.00 million-150.00 million to $141.00 million-151.00 million vs $163.20 million estimate.

Guidance

Knowles Sees Q4 GAAP EPS $0.12-0.16 vs $0.16 Est; Raises Q4 Sales Guidance from $140.00M-150.00M to $141.00M-151.00M vs $163.20M Est

Knowles (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KN#NYSE">KN</a>) reported quarterly earnings of $0.26 per share which met the analyst consensus estimate. The company reported quarterly sales of $142.500 million which missed the analyst consensus estimate of $159.475 million by 10.64 percent. This is a 18.62 percent decrease over sales of $175.100 million the same period last year.

Earnings

Earnings Misses

Knowles Q3 2024 Adj. EPS $0.26, Inline, Sales $142.500M Miss $159.475M Estimate

Knowles (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KN#NYSE">KN</a>) is looking for Q4 Adj EPS of $0.26-0.30 vs $0.29 analyst estimate. seessales of $141.000 million-151.000 million.

Knowles Sees Q4 Adj EPS $0.26-0.30 vs $0.29 Est; Sees Sales $141.000M-151.000M

Knowles Updates Q3 Guidance To Reflect Anticipated Sale Of CMM Business; Now Sees Revenues From Cont Ops Of $139M - $143M, Adj EPS From Cont Ops Of $0.24 - $0.28

Knowles is updating its&nbsp;third quarter&nbsp;2024&nbsp;guidance&nbsp;to reflect the anticipated sale of the CMM business. Operating results for the CMM segment will be reported as discontinued operations beginning in the&nbsp;third quarter&nbsp;of 2024.

Knowles  Expects Q4 Revenue From Continuing Operations To Be $140M -$150M

On a pro forma basis, the remaining Knowles businesses, inclusive of Cornell Dubilier&#39;s full year results, had&nbsp;$560 million&nbsp;of revenue in 2023.
Knowles will receive&nbsp;$150 million&nbsp;in total consideration, subject to net working capital and other adjustments, consisting of&nbsp;$70 million&nbsp;in cash and&nbsp;$80 million&nbsp;in Syntiant preferred stock.
Knowles intends to use the net cash proceeds from the sale of CMM to fund the paydown of debt and the repurchase of Company stock.
&nbsp;

Asset Sales

Knowles Agrees To Sell Its Consumer MEMS Microphones Business To Syntiant For $150M

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Knowles Expects Q3 Revenues Of $210M - $220M (Est $214.1M), Adj EPS Of $0.29 - $0.33 ((Est $0.31)

Knowles (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KN#NYSE">KN</a>) reported quarterly earnings of $0.24 per share which met the analyst consensus estimate. The company reported quarterly sales of $204.700 million which beat the analyst consensus estimate of $204.275 million by 0.21 percent. This is a 18.32 percent increase over sales of $173.000 million the same period last year.

Earnings Beats

Knowles Q2 2024 Adj. EPS $0.24, Inline, Sales $204.700M Beat $204.275M Estimate

Susquehanna analyst Christopher Rolland maintains Knowles (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KN#NYSE">KN</a>) with a Neutral and raises the price target from $15 to $20.

Susquehanna Maintains Neutral on Knowles, Raises Price Target to $20

The Audiodo Personal Sound platform works with Knowles balanced armatures to deliver personalized audio with high precision, depth, and detail across the full range of sound

Knowles and Audiodo Collaborate For TWS Earbuds

<h3>Gainers</h3>
<ul>
<li>Spectaire Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPEC#NASDAQ">SPEC</a>) stock increased by 88.6% to $0.81 during Monday's pre-market session. The market value of their outstanding shares is at $14.9 million. </li>
<li>Presto Automation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRST#NASDAQ">PRST</a>) stock increased by 32.77% to $0.12. The company's market cap stands at $13.8 million. </li>
<li>NiSun Intl Enterprise Dev (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NISN#NASDAQ">NISN</a>) shares increased by 18.69% to $4.0. The company's market cap stands at $16.0 million. </li>
<li>Saverone 2014 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVRE#NASDAQ">SVRE</a>) shares moved upwards by 14.51% to $0.6. The company's market cap stands at $9.5 million. </li>
<li>Wetouch Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WETH#NASDAQ">WETH</a>) shares rose 11.73% to $2.0. The company's market cap stands at $23.8 million. </li>
<li>Knowles (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KN#NYSE">KN</a>) shares increased by 11.54% to $19.52. The company's market cap stands at $1.7 billion. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>QXO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QXO#NASDAQ">QXO</a>) stock decreased by 18.2% to $180.0 during Monday's pre-market session. The market value of their outstanding shares is at $119.6 million. </li>
<li>CI&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CINT#NYSE">CINT</a>) shares declined by 17.7% to $4.0. The market value of their outstanding shares is at $538.1 million. </li>
<li>SecureWorks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCWX#NASDAQ">SCWX</a>) stock decreased by 6.92% to $5.92. The market value of their outstanding shares is at $523.1 million. As per the press release, Q1 earnings came out 2 days ago. </li>
<li>Quantum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) shares decreased by 6.16% to $0.44. The company's market cap stands at $42.2 million. </li>
<li>Sonim Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SONM#NASDAQ">SONM</a>) shares decreased by 5.67% to $0.5. The company's market cap stands at $23.3 million. </li>
<li>Rekor Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REKR#NASDAQ">REKR</a>) stock decreased by 5.53% to $1.5. The company's market cap stands at $128.2 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

CINT

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SPEC

SVRE

WETH

12 Information Technology Stocks Moving In Monday's Pre-Market Session

Knowles Sees Q2 2024 Adj. EPS $0.22-$0.26 Vs $0.23 Est.; Revenue $199M-$209M Vs $205.5M Est.

Knowles (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KN#NYSE">KN</a>) reported quarterly earnings of $0.20 per share which beat the analyst consensus estimate of $0.18 by 11.11 percent. This is a 300 percent increase over earnings of $0.05 per share from the same period last year. The company reported quarterly sales of $196.400 million which beat the analyst consensus estimate of $195.225 million by 0.60 percent. This is a 36.11 percent increase over sales of $144.300 million the same period last year.

Knowles Q1 2024 Adj EPS $0.20 Beats $0.18 Estimate, Sales $196.400M Beat $195.225M Estimate

Knowles Sees Q1 Adj. EPS $0.16-$0.20 vs $0.20 Est., Revenue $190M-$200M vs $194.17M Est.

Knowles (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KN#NYSE">KN</a>) reported its Q4 earnings results on Wednesday, February 7, 2024 at 04:01 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Knowles missed estimated earnings by 3.45%, reporting an EPS of $0.28 versus an estimate of $0.29.
Revenue was up $18.10 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.03 which was followed by a 18.73% increase in the share price the next day.
Here's a look at Knowles's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.28</td>
<td>0.22</td>
<td>0.04</td>
<td>0.33</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.31</td>
<td>0.23</td>
<td>0.05</td>
<td>0.33</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>179.05M</td>
<td>172.32M</td>
<td>134.33M</td>
<td>210.00M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>175.10M</td>
<td>173.00M</td>
<td>144.30M</td>
<td>197.10M</td>
</tr>
</tbody>
</table>

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Guidance</h3>
Knowles management provided guidance for Q1 2024, expecting earnings between $0.16 and $0.2 per share.
To track all earnings releases for Knowles <a href="https://www.benzinga.com/quote/KN/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Knowles: Q4 Earnings Insights

Knowles (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KN#NYSE">KN</a>) reported quarterly earnings of $0.28 per share which missed the analyst consensus estimate of $0.29 by 3.45 percent. The company reported quarterly sales of $215.20 million which missed the analyst consensus estimate of $215.22 million by 0.01 percent. This is a 9.18 percent increase over sales of $197.10 million the same period last year.

Knowles Q4 2023 Adj EPS $0.28 Misses $0.29 Estimate, Sales $215.20M Miss $215.22M Estimate

Knowles Non-GAAP EPS of $0.26 in-line, revenue of $143M beats by $2.03M

Knowles Corporation 2024 Q3 - Results - Earnings Call Presentation

Knowles Corporation (KN) Q3 2024 Earnings Call Transcript

Robert W. Baird analyst Tristan Gerra maintained a Buy rating on Knowles (KN – Research Report) yesterday and set a price target of $25.00. Tristan...

Optimistic Buy Rating for Knowles Driven by Strong Fundamentals and Strategic Divestiture

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on SPS Commerce (SPSC – Research Report) and Knowles ...

Analysts Conflicted on These Technology Names: SPS Commerce (SPSC) and Knowles (KN)

The growing demand for smart home devices and the adoption of the latest technologies is increasing the demand for consumer tech stocks. Against this backdrop, investors could consider sound consumer tech stocks Apple (AAPL), Dolby Laboratories (DLB), and Knowles (KN) to benefit from smart home trends. Keep reading... The consumer tech industry is flourishing with the increasing demand for digital technologies like AI and IoT among consumers.
Given the industry's backdrop, investors could consider fundamentally sound consumer tech stocks Apple Inc. (<a href="https://stocknews.com/stock/AAPL/">AAPL</a>), Dolby Laboratories, Inc. (<a href="https://stocknews.com/stock/DLB/">DLB</a>), and Knowles Corporation (<a href="https://stocknews.com/stock/KN/">KN</a>) for potential gains.
The U.S. economy grew strongly during the third quarter, with rising consumer spending marking its fastest pace in over one and a half years. This was supported by sharply slowing inflation levels and robust business investment in equipment. The gross domestic product <a href="https://www.reuters.com/markets/us/us-economy-posts-solid-growth-election-eve-2024-10-30/">increased at a rate of 2.8%</a> in the third quarter.
The surging consumer spending is an indicator of rising disposable income and changing consumer behavior as more and more consumers lean towards efficiency, comfort, security, and convenience of their homes through technologies.
Further, with the rapidly developing smarter and more interconnected technologies, the possibilities in smart home development are becoming endless. These trends are rapidly fueling the possibilities of the consumer technology market. Consumers increasingly spend on smart home devices to enhance their home security, convenience, and comfort.
Technologies like Artificial Intelligence (AI) and the Internet of Things (IoT) also mark their contribution to the evolving market dynamics. With this, the global smart home market is <a href="https://www.fortunebusinessinsights.com/industry-reports/smart-home-market-101900">projected to grow $633.20 billion by 2032</a>, exhibiting a CAGR of 22.9%. Also, the U.S. smart home market is predicted to grow significantly to a total of $105.25 billion by 2032.
Amid rising spending on consumer tech devices like smart entertainment devices, smart home monitoring and security solutions, smart door locks, and home appliances and complementing technologies like communication technologies, Wi-Fi, Bluetooth, and the 5G network, consumer tech stocks are positioned to prosper.
With these favorable trends in mind, let's delve into the fundamentals of the three top consumer tech stock choices mentioned above.
Apple Inc. (<a href="https://stocknews.com/stock/AAPL/">AAPL</a>)
AAPL designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, Mac, iPad, wearables, and home accessories, including AirPods, Apple TV, Apple Watch, Beats products, and HomePod.
On October 30, AAPL launched the new MacBook Pro&#xAE;, powered by the M4 family of chips — M4, M4 Pro, and M4 Max, which delivers even faster performance and enhanced capabilities. The new MacBook Pro is built for Apple Intelligence&#x2122;, the personal intelligence system to transform how users work, communicate, and express themselves while protecting their privacy.
Also, on October 29, the company unveiled the all-new Mac mini&#xAE;, also powered by the M4 and new M4 Pro chips. It is redesigned around Apple silicon to offer incredible performance in an even smaller form of just 5 by 5 inches. With M4, Mac mini delivers up to 1.8x faster CPU performance and 2.2x faster GPU performance over the M1 model.
AAPL's total net sales increased 6.1% from the year-ago value to $94.93 billion during the fourth quarter that ended September 28, 2024. The company's <a href="https://www.investopedia.com/terms/o/operatingincome.asp">operating income</a> increased 9.7% year-over-year to $29.59 billion. Also, the company's net income and EPS totaled $14.74 billion and $0.97 for the quarter, respectively.
Analysts expect AAPL's revenue for the first quarter (ending December 2024) to grow 4% year-over-year to $124.41 billion. The company's EPS is expected to increase 7.9% year-over-year to $2.35 for the same period. Moreover, the company surpassed the consensus revenue and EPS estimates in all of the trailing four quarters.
Shares of AAPL have surged 22.2% over the past six months and 23.9% over the past year to close the last trading session at $222.01.
AAPL's robust prospects are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
AAPL has an A grade for Quality. Within the <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> industry, AAPL is ranked #24 out of 41 stocks.
<a href="https://stocknews.com/stock/AAPL/">Click here</a> to access AAPL's other ratings for Momentum, Value, Growth, Sentiment, and Stability.
Dolby Laboratories, Inc. (<a href="https://stocknews.com/stock/DLB/">DLB</a>)
DLB creates audio and imaging technologies that transform entertainment at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services, home entertainment devices, and automobiles. It develops and licenses its audio technologies, such as AAC &amp; HE-AAC, AVC, Dolby AC-4, and Dolby Atmos technology.
On September 13, DLB launched a new comprehensive range of cloud video products and solutions supporting real-time interactive streaming. The announcement came closely after DLB's recent acquisition of THEO Technologies, a leading provider of high-quality video streaming tools.
FanDuel, ITV, Las Vegas Sands, NASCAR, NFL, and others are leveraging the latest solutions to increase their engagement while improving their audiences' streaming and iGaming experiences.
On June 6, DLB entered into a definitive agreement to acquire GE Licensing, which owns, maintains, and licenses an extensive portfolio of IP primarily targeting the consumer digital media and electronics sectors. The strategic acquisition will strengthen DLB's licensing businesses and create opportunities for future growth.
During the third quarter, which ended on June 28, 2024, DLB reported a total revenue of $288.82 million, and its gross profit for the period was $253.15 million. The company's operating income of $36.78 million indicates growth of 130.8% from the prior year's quarter.
In addition, net income attributable to DLB came in at $38.44 million and $0.40 per share, up 134.4% and 135.3% from the previous year, respectively.
Analysts expect DLB's revenue for the fourth quarter (ended September 2024) to increase 6% year-over-year to $307.94 million, while its EPS for the same period is expected to grow 7.2% year-over-year to $0.70. Also, DLB has topped the consensus revenue and EPS estimates in each of the trailing four quarters.
DLB's shares have plunged 3.4% over the past month to close the last trading session at $73.39.
DLB's sound fundamentals are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
The stock has an A grade for Quality and a B grade for Sentiment. Within the <a href="https://stocknews.com/category/technology-electronics/">Technology - Electronics</a> industry, DLB is ranked #3 among the 42 stocks.
In addition to the POWR Ratings we've stated above, we also have DLB ratings for Stability, Momentum, Value, and Growth. Get all DLB ratings <a href="https://stocknews.com/stock/DLB/">here</a>.
Knowles Corporation (<a href="https://stocknews.com/stock/KN/">KN</a>)
KN offers capacitors, Radio Frequency (RF) filtering products, balanced armature speakers, micro-acoustic microphones, and audio solutions internationally. It operates in Precision Devices; Medtech &amp; Specialty Audio; and Consumer MEMS Microphones segments.
On October 31, KN partnered with Mimi Hearing Technologies, the provider of the number one hearing test app on the market, to create innovative solutions for audio devices, such as true wireless stereo (TWS) earbuds, in-ear monitors (IEMs), headphones, and more.
The Breggz&#x2122; ZOHN-1 in-ear computer is the first hearable device to market that incorporated a cutting-edge combination of KN and Mimi technologies, delivering a breakthrough in premium, personalized, and immersive listening.
For the third quarter that ended September 30, 2024, KN's revenues increased 31.8% year-over-year to $142.50 million. Its non-GAAP gross profit increased 27.3% from the year-ago value to $64.80 million. Also, the company's non-GAAP net earnings totaled $24.20 million or $0.26 per share, up 28.7% and 30% from the prior year's quarter, respectively.
Furthermore, the company's adjusted EBITDA increased 20.3% from the prior-year quarter to $35 million.
According to the company's fourth quarter 2024 outlook, KN projects revenues from continuing operations between $141 and $151 million. It also expects non-GAAP EPS from continuing operations of $0.26 - $0.30.
Street expects KN's EPS for the fourth quarter (ending December 2024) to increase 0.9% year-over-year to $0.28. For the fiscal year 2024, the company's EPS is expected to grow 11.7% year-over-year to $0.98. Also, the company topped the consensus EPS and revenue estimates in three of the trailing four quarters.
Shares of KN have surged 4.7% over the past six months and 10.4% over the past year to close the last trading session at $17.49.
KN's POWR Ratings reflect its sound fundamentals. The stock is ranked #25 out of 42 stocks within the Technology - Electronics industry.
To access all the POWR Ratings of KN, <a href="https://stocknews.com/stock/KN/">click here</a>.
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AAPL shares were trading at $223.45 per share on Tuesday afternoon, up $1.44 (+0.65%). Year-to-date, AAPL has gained 16.50%, versus a 22.46% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/aapl-dlb-kn-3-consumer-tech-stocks-benefiting-from-smart-home-trends/>3 Consumer Tech Stocks Benefiting from Smart Home Trends</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Consumer Tech Stocks Benefiting from Smart Home Trends

Analysts have been eager to weigh in on the Technology sector with new ratings on Knowles (KN – Research Report) and Fortinet (FTNT – Research Repo...

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