BK Technologies (NYSEAMERICAN:BKTI) Updates FY 2025 Earnings Guidance

BK Technologies (NYSEAMERICAN:BKTI) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.800- for the period, compared to the consensus earnings per share estimate of 1.920. The company issued revenue guidance of -.

Analyst Ratings Changes

Separately, Lake Street Capital started coverage on shares of BK Technologies in a report on Friday, February 14th. They issued a “buy” rating and a $40.00 price target on the stock.

BK Technologies Stock Down 0.1 %

Shares of NYSEAMERICAN:BKTI opened at $29.27 on Thursday. The stock has a market cap of $104.20 million, a price-to-earnings ratio of 21.36 and a beta of 1.22. BK Technologies has a 12 month low of $11.67 and a 12 month high of $38.70.

Institutional Investors Weigh In On BK Technologies

A hedge fund recently raised its stake in BK Technologies stock. Bank of America Corp DE boosted its stake in BK Technologies Co. (NYSEAMERICAN:BKTI) by 3,882.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 916 shares of the company’s stock after acquiring an additional 893 shares during the quarter. Bank of America Corp DE’s holdings in BK Technologies were worth $31,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 55.05% of the company’s stock.

About BK Technologies

BK Technologies Corporation, through its subsidiary, BK Technologies, Inc, engages in design, manufacture, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR) that are hand-held (portable) or installed in vehicles (mobile).