Shares of Kimball Electronics, Inc. (NASDAQ:KE – Get Free Report) have been given a consensus rating of “Moderate Buy” by the five analysts that are currently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $32.00.
KE has been the subject of several analyst reports. KeyCorp assumed coverage on shares of Kimball Electronics in a research note on Thursday, July 2nd. They issued a “sector weight” rating for the company. Wall Street Zen cut shares of Kimball Electronics from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Zacks Research upgraded shares of Kimball Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Kimball Electronics in a research note on Tuesday, August 4th.
Read Our Latest Research Report on Kimball Electronics
Institutional Inflows and Outflows
Kimball Electronics Price Performance
KE stock opened at $23.57 on Friday. Kimball Electronics has a 1 year low of $21.01 and a 1 year high of $33.19. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.29 and a current ratio of 2.11. The stock’s 50 day moving average price is $25.11 and its 200 day moving average price is $25.21. The firm has a market cap of $566.86 million, a P/E ratio of 20.86, a PEG ratio of 1.05 and a beta of 1.23.
Kimball Electronics (NASDAQ:KE – Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The electronics maker reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.40). Kimball Electronics had a return on equity of 4.42% and a net margin of 1.95%.The company had revenue of $371.57 million for the quarter, compared to analysts’ expectations of $373.63 million. On average, sell-side analysts expect that Kimball Electronics will post 1.13 earnings per share for the current fiscal year.
About Kimball Electronics
Kimball Electronics, Inc is a global electronic manufacturing services (EMS) provider headquartered in Jasper, Tennessee. The company offers end-to-end product design and manufacturing solutions, serving original equipment manufacturers (OEMs) across a range of industries. With a focus on precision electronics and complex assemblies, Kimball Electronics leverages advanced engineering capabilities, quality systems and lean production methods to support customers from product concept through full-scale production.
The company’s core offerings include printed circuit board assembly (PCBA), system integration, tooling and test fixture development, and aftermarket services.
See Also
- Five stocks we like better than Kimball Electronics
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
Receive News & Ratings for Kimball Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimball Electronics and related companies with MarketBeat.com's FREE daily email newsletter.
