FY2025 Earnings Estimate for KE Issued By Cantor Fitzgerald

Kimball Electronics, Inc. (NASDAQ:KE) – Research analysts at Cantor Fitzgerald upped their FY2025 EPS estimates for shares of Kimball Electronics in a research report issued on Thursday, May 8th. Cantor Fitzgerald analyst D. Soderberg now expects that the electronics maker will post earnings per share of $1.00 for the year, up from their previous estimate of $0.90. The consensus estimate for Kimball Electronics’ current full-year earnings is $0.89 per share.

Kimball Electronics (NASDAQ:KE) last announced its quarterly earnings results on Tuesday, May 6th. The electronics maker reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.01. The business had revenue of $374.61 million for the quarter, compared to analysts’ expectations of $338.08 million. Kimball Electronics had a net margin of 0.51% and a return on equity of 5.48%.

Other equities research analysts have also issued research reports about the stock. Lake Street Capital decreased their price objective 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 lowered shares of Kimball Electronics from a “buy” rating to a “hold” rating in a research note on Thursday, May 8th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $22.75.

Kimball Electronics Trading Up 2.1%

NASDAQ:KE opened at $18.63 on Monday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.29 and a current ratio of 2.28. The firm has a market cap of $454.20 million, a price-to-earnings ratio of 58.22 and a beta of 1.11. Kimball Electronics has a 52 week low of $12.41 and a 52 week high of $24.45. The firm has a 50-day moving average price of $15.37 and a two-hundred day moving average price of $17.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in Kimball Electronics by 5.0% in the 4th quarter. Vanguard Group Inc. now owns 1,945,556 shares of the electronics maker’s stock worth $36,440,000 after buying an additional 92,166 shares during the period. American Century Companies Inc. boosted its holdings in Kimball Electronics by 13.0% in the 4th quarter. American Century Companies Inc. now owns 489,896 shares of the electronics maker’s stock worth $9,176,000 after buying an additional 56,175 shares during the period. Pacific Ridge Capital Partners LLC boosted its holdings in Kimball Electronics by 14.4% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 357,300 shares of the electronics maker’s stock worth $6,692,000 after buying an additional 44,840 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Kimball Electronics by 45.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 339,230 shares of the electronics maker’s stock worth $5,580,000 after buying an additional 105,889 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Kimball Electronics by 34.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 300,694 shares of the electronics maker’s stock worth $4,946,000 after buying an additional 77,272 shares during the period. 75.99% of the stock is owned by institutional investors.

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.