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

Key Points

• Analyst consensus is Hold: Three of four analysts rate Kimball Electronics a Hold and one rates it a Buy; the average 12-month price target is $32.
• Sales improved, but earnings missed: Quarterly revenue rose about 7% year over year to $390.8 million, topping estimates, and the company reiterated its fiscal 2027 outlook. EPS was $0.25 versus the $0.40 consensus, while operating income declined year over year.
• Shares opened at $20.45, near their 12-month low of $19.62; the stock is reported down 20.9%.

Kimball Electronics, Inc. (NASDAQ:KE - Get Free Report) has been assigned an average rating of "Hold" from the four analysts that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $32.00.

KE has been the topic of several research reports. Cantor Fitzgerald dropped coverage on Kimball Electronics in a research report on Monday, October 12th. They issued an "overweight" rating on the stock. Weiss Ratings reiterated a "hold (c)" rating on shares of Kimball Electronics in a report on Monday. Finally, Zacks Research cut Kimball Electronics from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 19th.

Institutional Trading of Kimball Electronics

Several large investors have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio acquired a new stake in shares of Kimball Electronics in the second quarter worth about $29,000. GAMMA Investing LLC boosted its stake in shares of Kimball Electronics by 36.0% during the 3rd quarter. GAMMA Investing LLC now owns 1,707 shares of the electronics maker's stock worth $47,000 after acquiring an additional 452 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Kimball Electronics during the 2nd quarter valued at about $50,000. Parallel Advisors LLC increased its holdings in shares of Kimball Electronics by 122.8% during the 1st quarter. Parallel Advisors LLC now owns 2,324 shares of the electronics maker's stock valued at $55,000 after acquiring an additional 1,281 shares during the last quarter. Finally, Quantbot Technologies LP bought a new position in shares of Kimball Electronics in the 2nd quarter valued at approximately $55,000. 75.99% of the stock is owned by institutional investors.

More Kimball Electronics News

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 Stock Down 20.9%

KE stock opened at $20.45 on Friday. Kimball Electronics has a 12-month low of $19.62 and a 12-month high of $32.00. The company has a quick ratio of 1.27, a current ratio of 2.09 and a debt-to-equity ratio of 0.18. The company has a market cap of $490.60 million, a price-to-earnings ratio of 24.35 and a beta of 1.23. The company has a 50 day moving average of $26.10 and a two-hundred day moving average of $25.63.

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

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.

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