Kimball Electronics (KE) to Release Quarterly Earnings on Monday

Kimball Electronics (NASDAQ:KE - Get Free Report) will be posting its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect Kimball Electronics to post earnings of $0.22 per share for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.

Kimball Electronics (NASDAQ:KE - Get Free Report) last released its earnings results on Tuesday, August 13th. The electronics maker reported $0.33 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.08). Kimball Electronics had a net margin of 1.20% and a return on equity of 6.65%. The business had revenue of $430.16 million for the quarter, compared to analyst estimates of $429.00 million. During the same period in the prior year, the company earned $0.76 earnings per share. On average, analysts expect Kimball Electronics to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Kimball Electronics Price Performance

KE stock traded up $0.32 on Monday, hitting $18.15. 91,992 shares of the company's stock traded hands, compared to its average volume of 115,445. Kimball Electronics has a 1-year low of $16.64 and a 1-year high of $27.73. The stock has a market cap of $451.37 million, a price-to-earnings ratio of 13.93 and a beta of 1.26. The stock has a fifty day moving average of $17.92 and a 200-day moving average of $20.46. The company has a current ratio of 2.26, a quick ratio of 1.36 and a debt-to-equity ratio of 0.43.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. B. Riley cut their target price on shares of Kimball Electronics from $30.00 to $29.00 and set a "buy" rating for the company in a research note on Thursday, August 15th. Cantor Fitzgerald cut their target price 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, August 16th. EF Hutton Acquisition Co. I downgraded shares of Kimball Electronics from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 14th. Sidoti downgraded shares of Kimball Electronics from a "buy" rating to a "neutral" rating and set a $19.00 price target for the company. in a research report on Thursday, August 15th. Finally, Lake Street Capital reduced their price target on shares of Kimball Electronics from $25.00 to $23.00 and set a "buy" rating for the company in a research report on Thursday, August 15th. Two 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.com, Kimball Electronics presently has an average rating of "Moderate Buy" and an average price target of $23.25.

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.