FY2025 Earnings Forecast for KE Issued By Cantor Fitzgerald

Kimball Electronics, Inc. (NASDAQ:KE) – Cantor Fitzgerald lowered their FY2025 earnings per share estimates for Kimball Electronics in a research note issued 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 prior estimate of $1.16. The consensus estimate for Kimball Electronics’ current full-year earnings is $1.02 per share.

Other analysts have also issued research reports about the stock. Lake Street Capital lowered their target price on shares of Kimball Electronics from $23.00 to $21.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. StockNews.com raised shares of Kimball Electronics from a “hold” rating to a “buy” rating in a research report on Thursday, February 6th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $22.75.

Kimball Electronics Stock Performance

KE stock opened at $16.55 on Monday. The stock’s 50 day simple moving average is $18.71 and its 200 day simple moving average is $18.84. Kimball Electronics has a 12-month low of $16.54 and a 12-month high of $24.45. The firm has a market cap of $408.45 million, a P/E ratio of 51.72 and a beta of 1.24. The company has a current ratio of 2.28, a quick ratio of 1.30 and a debt-to-equity ratio of 0.37.

Kimball Electronics (NASDAQ:KE) last released its earnings results on Tuesday, February 4th. The electronics maker reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.05. Kimball Electronics had a return on equity of 5.47% and a net margin of 0.51%.

Institutional Investors Weigh In On Kimball Electronics

Large investors have recently added to or reduced their stakes in the stock. 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. Point72 DIFC Ltd bought a new stake in Kimball Electronics during the 3rd quarter valued at $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 period. Foundry Partners LLC grew its stake in shares of Kimball Electronics by 1.0% in the third quarter. Foundry Partners LLC now owns 219,055 shares of the electronics maker’s stock worth $4,055,000 after purchasing an additional 2,100 shares in the last quarter. Finally, Cardinal Capital Management increased its holdings in shares of Kimball Electronics by 2.7% during the fourth quarter. Cardinal Capital Management now owns 92,263 shares of the electronics maker’s stock valued at $1,728,000 after purchasing an additional 2,459 shares during the period. 75.99% of the stock is 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.