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Has Knowles (KN) Outpaced Other Computer and Technology Stocks This Year?

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Investors focused on the Computer and Technology space have likely heard of Knowles (KN - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.

Knowles is a member of the Computer and Technology sector. This group includes 637 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. KN is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for KN's full-year earnings has moved 7.76% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, KN has moved about 20.96% on a year-to-date basis. In comparison, Computer and Technology companies have returned an average of 15.14%. This means that Knowles is performing better than its sector in terms of year-to-date returns.

Looking more specifically, KN belongs to the Communication - Components industry, a group that includes 20 individual stocks and currently sits at #104 in the Zacks Industry Rank. On average, this group has gained an average of 17.38% so far this year, meaning that KN is performing better in terms of year-to-date returns.

KN will likely be looking to continue its solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to the company.


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