B. Riley Expects Stronger Earnings for Kimball Electronics

Kimball Electronics, Inc. (NASDAQ:KE) – Analysts at B. Riley boosted their FY2026 earnings estimates for shares of Kimball Electronics in a research report issued on Tuesday, November 5th. B. Riley analyst M. Crawford now anticipates that the electronics maker will post earnings per share of $1.59 for the year, up from their prior estimate of $1.34. B. Riley has a “Buy” rating and a $29.00 price target on the stock. The consensus estimate for Kimball Electronics’ current full-year earnings is $0.96 per share.

KE has been the subject of a number of other research reports. EF Hutton Acquisition Co. I lowered shares of Kimball Electronics from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 14th. Lake Street Capital dropped their price objective on shares of Kimball Electronics from $25.00 to $23.00 and set a “buy” rating for the company in a report on Thursday, August 15th. Cantor Fitzgerald dropped their price objective on shares of Kimball Electronics from $28.00 to $22.00 and set an “overweight” rating for the company in a report on Friday, August 16th. Finally, Sidoti lowered shares of Kimball Electronics from a “buy” rating to a “neutral” rating and set a $19.00 price objective for the company. in a report on Thursday, August 15th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $23.25.

Kimball Electronics Price Performance

Kimball Electronics stock opened at $20.77 on Friday. Kimball Electronics has a 52-week low of $16.64 and a 52-week high of $27.73. The firm has a market capitalization of $514.89 million, a price-to-earnings ratio of 40.73 and a beta of 1.26. The company has a fifty day simple moving average of $18.11 and a 200-day simple moving average of $20.35. The company has a quick ratio of 1.36, a current ratio of 2.26 and a debt-to-equity ratio of 0.43.

Kimball Electronics (NASDAQ:KE) last released its earnings results on Monday, November 4th. The electronics maker reported $0.22 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.22. Kimball Electronics had a net margin of 0.78% and a return on equity of 5.65%. The business had revenue of $374.26 million during the quarter, compared to analyst estimates of $376.70 million. During the same quarter in the prior year, the firm earned $0.43 earnings per share.

Institutional Trading of Kimball Electronics

Hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets raised its holdings in Kimball Electronics by 17.6% in the first quarter. BNP Paribas Financial Markets now owns 25,923 shares of the electronics maker’s stock valued at $561,000 after acquiring an additional 3,873 shares in the last quarter. Empowered Funds LLC raised its holdings in Kimball Electronics by 70.2% in the first quarter. Empowered Funds LLC now owns 54,864 shares of the electronics maker’s stock valued at $1,188,000 after acquiring an additional 22,625 shares in the last quarter. US Bancorp DE raised its holdings in Kimball Electronics by 239.4% in the first quarter. US Bancorp DE now owns 19,497 shares of the electronics maker’s stock valued at $422,000 after acquiring an additional 13,752 shares in the last quarter. State Board of Administration of Florida Retirement System acquired a new stake in Kimball Electronics in the first quarter valued at approximately $402,000. Finally, Foundry Partners LLC raised its holdings in Kimball Electronics by 25.2% in the first quarter. Foundry Partners LLC now owns 197,225 shares of the electronics maker’s stock valued at $4,270,000 after acquiring an additional 39,755 shares in the last quarter. Institutional investors and hedge funds own 75.99% of the company’s stock.

About Kimball Electronics

Kimball Electronics, Inc engages in the provision of electronics manufacturing, engineering, and supply chain support services to customers in the automotive, medical, and industrial end markets. The Company also offers contract manufacturing services, including engineering and supply chain support for the production of electronic assemblies and other products, including non-electronic components, medical devices, medical disposables, and precision molded plastics, as well as automation, test, and inspection equipment primarily used in automotive, medical, and industrial applications.