Kimball Electronics (KE) to Release Earnings on Monday

Kimball Electronics (NASDAQ:KE) is set to release its earnings data 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 listen to the company’s earnings conference call can do so using this link.

Kimball Electronics (NASDAQ:KE) last posted its quarterly earnings results on Tuesday, August 13th. The electronics maker reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.08). Kimball Electronics had a return on equity of 6.65% and a net margin of 1.20%. The business had revenue of $430.16 million during the quarter, compared to analyst estimates of $429.00 million. During the same quarter last year, the firm posted $0.76 EPS. 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 Trading Down 0.1 %

NASDAQ KE opened at $17.83 on Monday. Kimball Electronics has a twelve month low of $16.64 and a twelve month high of $27.73. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.36 and a current ratio of 2.26. The stock has a market cap of $443.41 million, a price-to-earnings ratio of 13.93 and a beta of 1.26. The firm’s 50 day moving average price is $17.92 and its two-hundred day moving average price is $20.46.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. B. Riley lowered their price objective on shares of Kimball Electronics from $30.00 to $29.00 and set a “buy” rating on the stock in a research report on Thursday, August 15th. Cantor Fitzgerald decreased 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 lowered shares of Kimball Electronics from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 14th. Lake Street Capital decreased their target price on shares of Kimball Electronics from $25.00 to $23.00 and set a “buy” rating for the company in a research note on Thursday, August 15th. Finally, Sidoti lowered shares of Kimball Electronics from a “buy” rating to a “neutral” rating and set a $19.00 target price for the company. in a research note on Thursday, August 15th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus 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.