Kimball Electronics (NASDAQ:KE) Posts Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Kimball Electronics (NASDAQ:KE - Get Free Report) issued its quarterly earnings results on Tuesday. The electronics maker reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.05, Zacks reports. Kimball Electronics had a return on equity of 5.47% and a net margin of 0.51%. Kimball Electronics updated its FY 2025 guidance to EPS.

Kimball Electronics Stock Performance

KE stock traded down $0.59 during midday trading on Friday, reaching $16.82. 102,979 shares of the company were exchanged, compared to its average volume of 119,977. The firm has a market capitalization of $415.12 million, a price-to-earnings ratio of 52.56 and a beta of 1.24. The business has a 50-day moving average price of $18.71 and a two-hundred day moving average price of $18.90. Kimball Electronics has a one year low of $16.64 and a one year high of $24.45. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.28 and a quick ratio of 1.30.

Analyst Upgrades and Downgrades

KE has been the topic of a number of research reports. Lake Street Capital cut their price objective on shares of Kimball Electronics from $23.00 to $21.00 and set a "buy" rating on the stock in a research report on Thursday. StockNews.com raised Kimball Electronics from a "hold" rating to a "buy" rating in a research report on Thursday. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $22.75.

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.