Equities Analysts Set Expectations for KE FY2025 Earnings

Kimball Electronics, Inc. (NASDAQ:KE - Free Report) - Equities researchers at Cantor Fitzgerald dropped their FY2025 earnings estimates for shares of Kimball Electronics in a note issued to investors on Thursday, February 6th. Cantor Fitzgerald analyst D. Soderberg now expects that the electronics maker will post earnings per share of $0.90 for the year, down from their previous forecast of $1.16. The consensus estimate for Kimball Electronics' current full-year earnings is $1.02 per share.

A number of other research analysts have also recently issued reports on KE. StockNews.com raised Kimball Electronics from a "hold" rating to a "buy" rating in a research note on Thursday, February 6th. Lake Street Capital cut their price objective on Kimball Electronics from $23.00 to $21.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $22.75.

Kimball Electronics Trading Up 1.1 %

Shares of KE traded up $0.19 during trading hours on Monday, reaching $17.09. The stock had a trading volume of 162,694 shares, compared to its average volume of 121,065. The company has a market cap of $421.78 million, a P/E ratio of 53.41 and a beta of 1.24. Kimball Electronics has a 52 week low of $16.36 and a 52 week high of $24.45. The company has a quick ratio of 1.30, a current ratio of 2.28 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average of $18.52 and a 200 day moving average of $18.72.

Kimball Electronics (NASDAQ:KE - Get Free Report) last posted its earnings results on Tuesday, February 4th. The electronics maker reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.05. Kimball Electronics had a net margin of 0.51% and a return on equity of 5.47%.

Hedge Funds Weigh In On Kimball Electronics

A number of large investors have recently added to or reduced their stakes in KE. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Kimball Electronics by 0.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 95,526 shares of the electronics maker's stock worth $1,768,000 after buying an additional 556 shares during the period. ExodusPoint Capital Management LP lifted its stake in Kimball Electronics by 4.3% in the 4th quarter. ExodusPoint Capital Management LP now owns 23,786 shares of the electronics maker's stock valued at $446,000 after acquiring an additional 979 shares in the last quarter. Point72 DIFC Ltd acquired a new position in Kimball Electronics during the 3rd quarter worth approximately $25,000. Victory Capital Management Inc. boosted its position in Kimball Electronics by 2.5% during the 4th quarter. Victory Capital Management Inc. now owns 64,684 shares of the electronics maker's stock worth $1,212,000 after acquiring an additional 1,555 shares during the last quarter. Finally, Foundry Partners LLC grew its stake in shares of Kimball Electronics by 1.0% during the 3rd quarter. Foundry Partners LLC now owns 219,055 shares of the electronics maker's stock worth $4,055,000 after acquiring an additional 2,100 shares in the last quarter. Institutional investors own 75.99% of the company's stock.

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.