Q1 2025 EPS Estimates for Kimball Electronics, Inc. Cut by Analyst (NASDAQ:KE)

Kimball Electronics, Inc. (NASDAQ:KE - Free Report) - Analysts at B. Riley cut their Q1 2025 earnings per share estimates for Kimball Electronics in a note issued to investors on Thursday, August 15th. B. Riley analyst M. Crawford now anticipates that the electronics maker will post earnings of $0.22 per share for the quarter, down from their previous estimate of $0.39. B. Riley currently has a "Buy" rating and a $29.00 price target on the stock. The consensus estimate for Kimball Electronics' current full-year earnings is $1.53 per share. B. Riley also issued estimates for Kimball Electronics' FY2025 earnings at $1.17 EPS.

Kimball Electronics (NASDAQ:KE - Get Free Report) last posted its quarterly earnings results on Tuesday, August 13th. The electronics maker reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.08). The firm had revenue of $430.16 million for the quarter, compared to analyst estimates of $429.00 million. Kimball Electronics had a return on equity of 8.70% and a net margin of 1.81%. During the same quarter in the prior year, the business posted $0.76 EPS.

A number of other research analysts have also recently issued reports on KE. Lake Street Capital decreased their target price on Kimball Electronics from $25.00 to $23.00 and set a "buy" rating on the stock in a research report on Thursday. EF Hutton Acquisition Co. I lowered shares of Kimball Electronics from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 14th. Cantor Fitzgerald dropped their price objective on shares of Kimball Electronics from $28.00 to $22.00 and set an "overweight" rating for the company in a research note on Friday. Finally, Sidoti lowered shares of Kimball Electronics from a "buy" rating to a "neutral" rating and set a $19.00 target price on the stock. in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $23.25.

Kimball Electronics Price Performance

Shares of KE traded down $0.16 during midday trading on Monday, hitting $18.25. The company's stock had a trading volume of 178,309 shares, compared to its average volume of 115,212. The company has a quick ratio of 1.12, a current ratio of 2.03 and a debt-to-equity ratio of 0.44. Kimball Electronics has a one year low of $17.29 and a one year high of $31.43. The stock has a market capitalization of $453.86 million, a price-to-earnings ratio of 14.12 and a beta of 1.30. The company's fifty day simple moving average is $21.83 and its two-hundred day simple moving average is $21.73.

Institutional Investors Weigh In On Kimball Electronics

A number of institutional investors have recently made changes to their positions in the stock. Strs Ohio lifted its position in shares of Kimball Electronics by 8.1% in the 4th quarter. Strs Ohio now owns 24,100 shares of the electronics maker's stock worth $649,000 after purchasing an additional 1,800 shares during the period. Larson Financial Group LLC lifted its holdings in Kimball Electronics by 272.5% in the fourth quarter. Larson Financial Group LLC now owns 404,571 shares of the electronics maker's stock valued at $10,903,000 after buying an additional 295,951 shares during the period. Linden Thomas Advisory Services LLC boosted its position in Kimball Electronics by 23.0% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 11,784 shares of the electronics maker's stock valued at $318,000 after acquiring an additional 2,204 shares during the last quarter. Grace & White Inc. NY grew its holdings in Kimball Electronics by 16.9% during the 4th quarter. Grace & White Inc. NY now owns 142,638 shares of the electronics maker's stock worth $3,844,000 after acquiring an additional 20,570 shares during the period. Finally, Watershed Asset Management L.L.C. grew its holdings in Kimball Electronics by 16.8% during the 4th quarter. Watershed Asset Management L.L.C. now owns 11,261 shares of the electronics maker's stock worth $303,000 after acquiring an additional 1,621 shares during the period. Institutional investors 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, industrial, and public safety end markets. It provides electronics manufacturing services, including engineering and supply chain support, to customers in the automotive, medical, and industrial end market verticals.