Kimball Electronics, Inc. (NASDAQ:KE – Free Report) – Equities research analysts at Cantor Fitzgerald cut their FY2025 EPS estimates for shares of Kimball Electronics in a research report issued to clients and investors on Thursday, February 6th. Cantor Fitzgerald analyst D. Soderberg now expects that the electronics maker will post earnings of $0.90 per share for the year, down from their previous estimate of $1.16. The consensus estimate for Kimball Electronics’ current full-year earnings is $1.02 per share.
Several other research firms have also recently issued reports on KE. StockNews.com upgraded Kimball Electronics from a “hold” rating to a “buy” rating in a report on Thursday, February 6th. Lake Street Capital lowered their price target on Kimball Electronics from $23.00 to $21.00 and set a “buy” rating for the company in a report on Thursday, February 6th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $22.75.
Kimball Electronics Stock Down 1.6 %
KE stock opened at $16.55 on Monday. The company has a 50 day moving average price of $18.71 and a two-hundred day moving average price of $18.84. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.30 and a current ratio of 2.28. The stock has a market capitalization of $408.45 million, a P/E ratio of 51.72 and a beta of 1.24. Kimball Electronics has a one year low of $16.54 and a one year high of $24.45.
Kimball Electronics (NASDAQ:KE – Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The electronics maker reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.05. Kimball Electronics had a net margin of 0.51% and a return on equity of 5.47%.
Institutional Trading of Kimball Electronics
Several large investors have recently bought and sold shares of the company. Point72 DIFC Ltd acquired a new position in shares of Kimball Electronics in the third quarter worth about $25,000. nVerses Capital LLC purchased a new stake in Kimball Electronics during the 3rd quarter worth approximately $48,000. Quest Partners LLC purchased a new stake in Kimball Electronics during the 3rd quarter worth approximately $61,000. SG Americas Securities LLC raised its position in shares of Kimball Electronics by 78.5% in the 3rd quarter. SG Americas Securities LLC now owns 8,755 shares of the electronics maker’s stock valued at $162,000 after purchasing an additional 3,849 shares in the last quarter. Finally, Quantbot Technologies LP boosted its stake in shares of Kimball Electronics by 995.9% during the 3rd quarter. Quantbot Technologies LP now owns 9,019 shares of the electronics maker’s stock valued at $167,000 after buying an additional 8,196 shares during the last quarter. Institutional investors and hedge funds own 75.99% of the company’s stock.
Kimball Electronics Company Profile
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.
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