Kimball Electronics (NASDAQ:KE) Releases Earnings Results, Misses Estimates By $0.01 EPS

Key Points

• QEPS miss: Kimball Electronics reported quarterly EPS of $0.33, missing the $0.34 consensus by $0.01, and posted revenue of $352.92 million versus $356.27 million expected; net margin was 1.65% and ROE 6.09%.
• Market reaction and metrics: shares rose $0.31 to $27.19 on volume of 129,815, the stock has a 52‑week range of $14.31–$33.19, a market cap of about $658.3M and a P/E of 19.48.
• Analyst sentiment cooled slightly—Wall Street Zen and Zacks cut ratings from "strong‑buy" while Weiss kept a "hold," leaving a consensus of Moderate Buy with a $32.00 target price.

Kimball Electronics (NASDAQ:KE - Get Free Report) issued its earnings results on Tuesday. The electronics maker reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.34 by ($0.01), FiscalAI reports. Kimball Electronics had a net margin of 1.65% and a return on equity of 6.09%. The firm had revenue of $352.92 million during the quarter, compared to analyst estimates of $356.27 million.

Kimball Electronics Price Performance

Shares of KE stock traded up $0.31 during trading hours on Tuesday, hitting $27.19. 129,815 shares of the company's stock were exchanged, compared to its average volume of 119,985. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.21 and a quick ratio of 1.31. Kimball Electronics has a 52 week low of $14.31 and a 52 week high of $33.19. The stock has a market cap of $658.25 million, a price-to-earnings ratio of 19.48, a price-to-earnings-growth ratio of 0.98 and a beta of 1.25. The stock's 50-day moving average is $25.03 and its 200-day moving average is $27.34.

Analyst Ratings Changes

KE has been the topic of a number of analyst reports. Wall Street Zen cut Kimball Electronics from a "strong-buy" rating to a "buy" rating in a research report on Monday, February 23rd. Weiss Ratings restated a "hold (c)" rating on shares of Kimball Electronics in a report on Friday, January 9th. Finally, Zacks Research cut Kimball Electronics from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 6th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Kimball Electronics has a consensus rating of "Moderate Buy" and a consensus target price of $32.00.

Hedge Funds Weigh In On Kimball Electronics

Several large investors have recently made changes to their positions in the company. Barclays PLC lifted its stake in shares of Kimball Electronics by 0.7% during the fourth quarter. Barclays PLC now owns 69,334 shares of the electronics maker's stock valued at $1,929,000 after acquiring an additional 498 shares during the period. Lazard Asset Management LLC lifted its stake in shares of Kimball Electronics by 0.9% during the second quarter. Lazard Asset Management LLC now owns 63,912 shares of the electronics maker's stock valued at $1,229,000 after acquiring an additional 561 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Kimball Electronics by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,687 shares of the electronics maker's stock valued at $242,000 after acquiring an additional 624 shares during the period. California State Teachers Retirement System lifted its stake in shares of Kimball Electronics by 99.7% during the fourth quarter. California State Teachers Retirement System now owns 1,498 shares of the electronics maker's stock valued at $42,000 after acquiring an additional 748 shares during the period. Finally, Quarry LP acquired a new position in shares of Kimball Electronics during the third quarter valued at $28,000. Institutional investors and hedge funds own 75.99% of the company's stock.

About Kimball Electronics

Kimball Electronics, Inc is a global electronic manufacturing services (EMS) provider headquartered in Jasper, Tennessee. The company offers end-to-end product design and manufacturing solutions, serving original equipment manufacturers (OEMs) across a range of industries. With a focus on precision electronics and complex assemblies, Kimball Electronics leverages advanced engineering capabilities, quality systems and lean production methods to support customers from product concept through full-scale production.

The company's core offerings include printed circuit board assembly (PCBA), system integration, tooling and test fixture development, and aftermarket services.

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