Kimball Electronics (KE) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kimball Electronics in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" KE shares.
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2 analysts have issued 12-month price targets for Kimball Electronics' shares. Their KE share price forecasts range from $36.00 to $38.00. On average, they predict the company's stock price to reach $37.00 in the next year. This suggests a possible upside of 36.3% from the stock's current price.
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Kimball Electronics' stock was trading at $22.59 on January 1st, 2023. Since then, KE stock has increased by 20.2% and is now trading at $27.15.
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Kimball Electronics saw a increase in short interest in September. As of September 15th, there was short interest totaling 171,800 shares, an increase of 5.5% from the August 31st total of 162,800 shares. Based on an average daily volume of 83,700 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.7% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our KE earnings forecast.

Kimball Electronics, Inc. (NASDAQ:KE) posted its earnings results on Thursday, August, 17th. The electronics maker reported $0.76 EPS for the quarter, topping the consensus estimate of $0.66 by $0.10. The electronics maker earned $496.14 million during the quarter. Kimball Electronics had a net margin of 3.06% and a trailing twelve-month return on equity of 11.39%. During the same period in the previous year, the company posted $0.40 EPS.

ETFs with the largest weight of Kimball Electronics (NASDAQ:KE) stock in their portfolio include Gabelli Automation ETF (GAST), First Trust Dow Jones Select Microcap Index Fund (FDM) and AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC).Invesco Nasdaq Future Gen 200 ETF (QQQS).

Kimball Electronics issued an update on its FY 2024 earnings guidance on Thursday, August, 17th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.90 billion-$1.95 billion, compared to the consensus revenue estimate of $1.98 billion.

36 employees have rated Kimball Electronics Chief Executive Officer Don Charron on Glassdoor.com. Don Charron has an approval rating of 99% among the company's employees. This puts Don Charron in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kimball Electronics investors own include Enterprise Products Partners (EPD), Kimco Realty (KIM), AbbVie (ABBV), Enbridge (ENB), Welltower (WELL), Apple Hospitality REIT (APLE), Physicians Realty Trust (DOC), General Mills (GIS), Huntington Bancshares (HBAN) and Iron Mountain (IRM).

Kimball Electronics trades on the NASDAQ under the ticker symbol "KE."

Shares of KE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KE stock can currently be purchased for approximately $27.15.

Kimball Electronics (NASDAQ:KE) has a market capitalization of $674.41 million and generates $1.82 billion in revenue each year. The electronics maker earns $55.83 million in net income (profit) each year or $2.22 on an earnings per share basis.

The company employs 7,900 workers across the globe.

Kimball Electronics' mailing address is 1205 KIMBALL BOULEVARD, JASPER IN, 47546. The official website for the company is www.kimballelectronics.com. The electronics maker can be reached via phone at (812) 634-4000, via email at irqanda@kimball.com, or via fax at 812-634-4000.