What is Cantor Fitzgerald's Forecast for KE FY2025 Earnings?

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

Kimball Electronics (NASDAQ:KE - Get Free Report) last released its earnings results on Tuesday, May 6th. The electronics maker reported $0.27 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.01. Kimball Electronics had a net margin of 0.51% and a return on equity of 5.48%. The firm had revenue of $374.61 million during the quarter, compared to the consensus estimate of $338.08 million.

KE has been the topic of a number of other research reports. Lake Street Capital cut their target price on shares of Kimball Electronics from $23.00 to $21.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. StockNews.com raised shares of Kimball Electronics from a "hold" rating to a "buy" rating in a report on Friday. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Kimball Electronics currently has an average rating of "Moderate Buy" and a consensus price target of $22.75.

Kimball Electronics Price Performance

Shares of Kimball Electronics stock traded down $0.15 on Monday, hitting $17.96. 23,148 shares of the company traded hands, compared to its average volume of 124,877. The company has a market cap of $437.91 million, a P/E ratio of 56.28 and a beta of 1.11. The firm's 50-day simple moving average is $15.47 and its 200 day simple moving average is $17.51. Kimball Electronics has a 12-month low of $12.41 and a 12-month high of $24.45. The company has a current ratio of 2.28, a quick ratio of 1.29 and a debt-to-equity ratio of 0.33.

Institutional Investors Weigh In On Kimball Electronics

Several large investors have recently modified their holdings of KE. Vanguard Group Inc. lifted its stake in Kimball Electronics by 5.0% during the 4th quarter. Vanguard Group Inc. now owns 1,945,556 shares of the electronics maker's stock valued at $36,440,000 after acquiring an additional 92,166 shares during the period. Earnest Partners LLC lifted its stake in Kimball Electronics by 10.3% during the 1st quarter. Earnest Partners LLC now owns 691,417 shares of the electronics maker's stock valued at $11,374,000 after acquiring an additional 64,307 shares during the period. American Century Companies Inc. lifted its stake in shares of Kimball Electronics by 20.2% in the 1st quarter. American Century Companies Inc. now owns 588,861 shares of the electronics maker's stock valued at $9,687,000 after purchasing an additional 98,965 shares during the period. Pacific Ridge Capital Partners LLC lifted its stake in shares of 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 valued at $6,692,000 after purchasing an additional 44,840 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Kimball Electronics by 45.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 339,230 shares of the electronics maker's stock valued at $5,580,000 after purchasing an additional 105,889 shares during the period. Institutional investors own 75.99% of the company's stock.

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.