FY2025 Earnings Forecast for KE Issued By Cantor Fitzgerald

Kimball Electronics, Inc. (NASDAQ:KE - Free Report) - Analysts at Cantor Fitzgerald issued their FY2025 earnings estimates for Kimball Electronics in a research report issued on Tuesday, January 21st. Cantor Fitzgerald analyst D. Soderberg expects that the electronics maker will post earnings per share of $1.16 for the year. The consensus estimate for Kimball Electronics' current full-year earnings is $0.96 per share.

Kimball Electronics (NASDAQ:KE - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The electronics maker reported $0.22 earnings per share for the quarter, meeting the consensus estimate of $0.22. Kimball Electronics had a net margin of 0.78% and a return on equity of 5.63%. The business had revenue of $374.26 million for the quarter, compared to analyst estimates of $376.70 million. During the same period in the prior year, the business posted $0.43 earnings per share.

Kimball Electronics Stock Up 0.6 %

Shares of KE stock traded up $0.11 during trading hours on Thursday, hitting $19.23. 86,165 shares of the company were exchanged, compared to its average volume of 105,590. The company has a market capitalization of $474.60 million, a PE ratio of 37.71 and a beta of 1.25. Kimball Electronics has a 52 week low of $16.64 and a 52 week high of $25.22. The business has a 50 day moving average of $19.01 and a two-hundred day moving average of $19.25. The company has a current ratio of 2.28, a quick ratio of 1.30 and a debt-to-equity ratio of 0.37.

Institutional Investors Weigh In On Kimball Electronics

Several large investors have recently modified their holdings of KE. Point72 DIFC Ltd purchased a new position in shares of Kimball Electronics in the third quarter worth about $25,000. nVerses Capital LLC purchased a new position in shares of Kimball Electronics during the 3rd quarter worth $48,000. Quest Partners LLC bought a new stake in shares of Kimball Electronics during the third quarter valued at approximately $61,000. SG Americas Securities LLC lifted its holdings 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 acquiring an additional 3,849 shares during the last quarter. Finally, Quantbot Technologies LP lifted 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 worth $167,000 after acquiring an additional 8,196 shares during the last quarter. 75.99% of the stock is currently owned by institutional investors and hedge funds.

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.