Kimball Electronics, Inc. (NASDAQ:KE) Stock Has Consensus Price Target of $32.00

Shares of Kimball Electronics, Inc. (NASDAQ:KE) have earned an average recommendation of “Hold” from the four research firms that are covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $32.00.

KE has been the subject of several research analyst reports. Zacks Research cut Kimball Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 19th. Cantor Fitzgerald dropped coverage on Kimball Electronics in a research note on Monday, October 12th. They set an “overweight” rating for the company. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kimball Electronics in a report on Monday.

Kimball Electronics News Summary

Here are the key news stories impacting Kimball Electronics this week:

• Positive Sentiment: Sales returned to growth, rising about 7% year over year to $390.8 million and topping analysts’ $387.2 million estimate. Kimball also reiterated its fiscal 2027 outlook, saying it expects sales toward the high end of its guidance range. Press release
• Negative Sentiment: Quarterly EPS was $0.25, below analyst estimates of roughly $0.37–$0.40 and down from $0.49 a year earlier. Operating income also declined to $12.4 million from $14.5 million, while adjusted operating income fell to $17.0 million from $17.5 million, indicating continued pressure on profitability despite higher sales. Earnings report

Kimball Electronics Price Performance

Shares of Kimball Electronics stock opened at $20.45 on Friday. The firm has a fifty day simple moving average of $26.10 and a 200-day simple moving average of $25.63. The company has a current ratio of 2.09, a quick ratio of 1.27 and a debt-to-equity ratio of 0.18. Kimball Electronics has a 1-year low of $19.62 and a 1-year high of $32.00. The stock has a market capitalization of $490.60 million, a price-to-earnings ratio of 24.35 and a beta of 1.23.

Kimball Electronics (NASDAQ:KE) last posted its quarterly earnings data on Wednesday, November 4th. The electronics maker reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.15). Kimball Electronics had a return on equity of 3.10% and a net margin of 1.41%. The firm had revenue of $390.80 million for the quarter, compared to the consensus estimate of $387.20 million. On average, sell-side analysts expect that Kimball Electronics will post 1.32 earnings per share for the current year.

Institutional Investors Weigh In On Kimball Electronics

Several hedge funds have recently modified their holdings of KE. Fifth Third Bancorp grew its stake in shares of Kimball Electronics by 1.6% in the third quarter. Fifth Third Bancorp now owns 41,673 shares of the electronics maker’s stock worth $1,139,000 after acquiring an additional 656 shares during the last quarter. BOKF NA raised its stake in Kimball Electronics by 41.5% during the 3rd quarter. BOKF NA now owns 13,928 shares of the electronics maker’s stock valued at $381,000 after purchasing an additional 4,086 shares during the last quarter. Signaturefd LLC raised its stake in Kimball Electronics by 70.4% during the 3rd quarter. Signaturefd LLC now owns 2,082 shares of the electronics maker’s stock valued at $57,000 after purchasing an additional 860 shares during the last quarter. Cardinal Capital Management raised its stake in Kimball Electronics by 5.3% during the 3rd quarter. Cardinal Capital Management now owns 113,882 shares of the electronics maker’s stock valued at $3,112,000 after purchasing an additional 5,710 shares during the last quarter. Finally, Sax Wealth Advisors LLC bought a new stake in Kimball Electronics in the 3rd quarter valued at $205,000. 75.99% of the stock is owned by institutional investors.

Kimball Electronics Company Profile

Kimball Electronics, Inc is a contract manufacturing and engineering services company that helps original equipment manufacturers design, develop and produce electronic and electrical products. The company provides services spanning product design and development, prototyping, testing, manufacturing, supply chain management and aftermarket support.

Kimball Electronics serves customers in the automotive, medical and industrial markets. Its manufacturing capabilities support products and systems such as automotive electronics, medical devices and equipment, industrial controls, power-management products and other complex electronic assemblies.