Sidoti Research Analysts Increase Earnings Estimates for KE

Kimball Electronics, Inc. (NASDAQ:KE) – Equities researchers at Sidoti lifted their FY2027 EPS estimates for Kimball Electronics in a research note issued to investors on Monday, July 6th. Sidoti analyst A. Soderstrom now anticipates that the electronics maker will post earnings of $1.04 per share for the year, up from their prior forecast of $1.01. The consensus estimate for Kimball Electronics’ current full-year earnings is $1.21 per share. Sidoti also issued estimates for Kimball Electronics’ FY2028 earnings at $1.43 EPS.

Kimball Electronics (NASDAQ:KE) last announced its quarterly earnings data on Tuesday, May 5th. The electronics maker reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). The business had revenue of $352.92 million during the quarter, compared to analyst estimates of $356.27 million. Kimball Electronics had a net margin of 1.81% and a return on equity of 6.22%.

KE has been the subject of several other research reports. KeyCorp initiated coverage on shares of Kimball Electronics in a research report on Thursday, July 2nd. They issued a “sector weight” rating for the company. Wall Street Zen lowered Kimball Electronics from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings upgraded Kimball Electronics from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, May 7th. Finally, Zacks Research upgraded Kimball Electronics from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $32.00.

Kimball Electronics Price Performance

Shares of Kimball Electronics stock opened at $24.96 on Tuesday. 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 firm’s 50-day simple moving average is $25.50 and its 200-day simple moving average is $26.21. Kimball Electronics has a twelve month low of $18.04 and a twelve month high of $33.19. The firm has a market cap of $600.26 million, a P/E ratio of 24.06, a price-to-earnings-growth ratio of 1.21 and a beta of 1.22.

Institutional Investors Weigh In On Kimball Electronics

Hedge funds have recently made changes to their positions in the company. Quarry LP acquired a new position in Kimball Electronics in the third quarter valued at about $28,000. Raymond James Financial Inc. acquired a new stake in shares of Kimball Electronics during the second quarter worth approximately $34,000. Farther Finance Advisors LLC acquired a new stake in shares of Kimball Electronics during the fourth quarter worth approximately $35,000. CWM LLC raised its stake in shares of Kimball Electronics by 135.2% in the fourth quarter. CWM LLC now owns 1,244 shares of the electronics maker’s stock valued at $35,000 after acquiring an additional 715 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new position in shares of Kimball Electronics in the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 75.99% of the company’s stock.

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.