Kimball Electronics (KE) Stock Forecast, Price & News

0 brokerages have issued 1 year price targets for Kimball Electronics' stock. Their KE share price forecasts range from $32.00 to $32.00. On average, they predict the company's share price to reach $32.00 in the next year. This suggests a possible upside of 27.7% from the stock's current price.
View analysts price targets for KE or view top-rated stocks among Wall Street analysts.

Kimball Electronics' stock was trading at $22.59 at the beginning of 2023. Since then, KE stock has increased by 10.9% and is now trading at $25.06.
View the best growth stocks for 2023 here.

Kimball Electronics saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 222,600 shares, a decline of 28.5% from the April 30th total of 311,400 shares. Based on an average trading volume of 96,400 shares, the short-interest ratio is currently 2.3 days. Currently, 0.9% of the company's shares are short sold.
View Kimball Electronics' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our KE earnings forecast.

Kimball Electronics, Inc. (NASDAQ:KE) posted its earnings results on Thursday, May, 4th. The electronics maker reported $0.65 earnings per share (EPS) for the quarter. The electronics maker earned $484.70 million during the quarter. Kimball Electronics had a net margin of 2.74% and a trailing twelve-month return on equity of 9.89%.

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), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Invesco Nasdaq Future Gen 200 ETF (QQQS).

Kimball Electronics issued an update on its FY 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.70 billion-$1.80 billion, compared to the consensus revenue estimate of $1.76 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."

Kimball Electronics' stock is owned by many different institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.22%), BlackRock Inc. (7.36%), Royce & Associates LP (3.50%), Bank of America Corp DE (3.42%), State Street Corp (2.66%) and LSV Asset Management (2.61%). Insiders that own company stock include Amir Rosenthal, John H Kahle and John H Kahle.
View institutional ownership trends.

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 $25.06.

Kimball Electronics (NASDAQ:KE) has a market capitalization of $619.48 million and generates $1.35 billion in revenue each year. The electronics maker earns $31.25 million in net income (profit) each year or $1.86 on an earnings per share basis.

The company employs 7,200 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.