Knoll (KNL) Earns News Impact Rating of 0.12

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Press coverage about Knoll (NYSE:KNL) has been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Knoll earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave media coverage about the business services provider an impact score of 45.5181851625432 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:

Shares of KNL stock traded down $0.18 on Friday, hitting $23.24. 105,279 shares of the stock were exchanged, compared to its average volume of 151,535. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.61 and a current ratio of 1.30. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 16.84 and a beta of 0.91. Knoll has a one year low of $17.56 and a one year high of $24.00.

Knoll (NYSE:KNL) last posted its quarterly earnings results on Monday, July 30th. The business services provider reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.04. The company had revenue of $323.40 million during the quarter, compared to the consensus estimate of $307.70 million. Knoll had a return on equity of 20.90% and a net margin of 6.54%. The firm’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.30 EPS. equities analysts predict that Knoll will post 1.8 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Friday, September 14th will be paid a dividend of $0.15 per share. The ex-dividend date is Thursday, September 13th. This represents a $0.60 annualized dividend and a dividend yield of 2.58%. Knoll’s payout ratio is 43.48%.

A number of research analysts have issued reports on the company. Zacks Investment Research upgraded Knoll from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research note on Saturday, August 4th. ValuEngine upgraded Knoll from a “sell” rating to a “hold” rating in a research note on Saturday, June 16th.

In other news, SVP Roxanne B. Klein sold 1,835 shares of the stock in a transaction on Monday, August 20th. The stock was sold at an average price of $22.90, for a total transaction of $42,021.50. Following the completion of the transaction, the senior vice president now owns 16,592 shares in the company, valued at approximately $379,956.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kathleen G. Bradley sold 12,481 shares of the stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $23.37, for a total value of $291,680.97. Following the sale, the director now directly owns 120,523 shares in the company, valued at approximately $2,816,622.51. The disclosure for this sale can be found here. Insiders have sold a total of 44,835 shares of company stock valued at $1,040,175 in the last quarter. 1.90% of the stock is owned by corporate insiders.

Knoll Company Profile

Knoll, Inc, together with its subsidiaries, designs, manufactures, markets, and sells commercial and residential furniture, accessories, textiles, fine leathers, and felt for the workplace and residential markets in the United States, Canada, and Europe. The company operates through three segments: Office, Studio, and Coverings.

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Insider Buying and Selling by Quarter for Knoll (NYSE:KNL)

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