Kimball Electronics (NASDAQ:KE) Price Target Cut to $29.00

Kimball Electronics (NASDAQ:KE) had its price objective decreased by B. Riley from $30.00 to $29.00 in a research note released on Thursday, Benzinga reports. B. Riley currently has a buy rating on the electronics maker’s stock. B. Riley also issued estimates for Kimball Electronics’ Q2 2025 earnings at $0.29 EPS, Q3 2025 earnings at $0.31 EPS, Q4 2025 earnings at $0.35 EPS and FY2026 earnings at $1.34 EPS.

Other analysts have also issued reports about the stock. Sidoti lowered shares of Kimball Electronics from a buy rating to a neutral rating and set a $19.00 price objective for the company. in a report on Thursday. Lake Street Capital dropped their price target on Kimball Electronics from $25.00 to $23.00 and set a buy rating on the stock in a research report on Thursday. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of Moderate Buy and an average price target of $23.25.

Kimball Electronics Stock Up 3.3 %

Shares of NASDAQ KE opened at $18.41 on Thursday. The company has a market cap of $457.84 million, a price-to-earnings ratio of 14.38 and a beta of 1.30. The company has a quick ratio of 1.12, a current ratio of 2.03 and a debt-to-equity ratio of 0.44. The firm’s fifty day moving average is $21.83 and its 200 day moving average is $21.73. Kimball Electronics has a 52 week low of $17.29 and a 52 week high of $31.43.

Kimball Electronics (NASDAQ:KE) last posted its earnings results on Tuesday, August 13th. The electronics maker reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.08). The business had revenue of $430.16 million during the quarter, compared to the consensus estimate of $429.00 million. Kimball Electronics had a return on equity of 8.70% and a net margin of 1.81%. During the same period in the previous year, the business earned $0.76 earnings per share. On average, equities research analysts expect that Kimball Electronics will post 1.53 earnings per share for the current year.

Institutional Trading of Kimball Electronics

Several large investors have recently modified their holdings of KE. The Manufacturers Life Insurance Company purchased a new stake in shares of Kimball Electronics in the 2nd quarter worth $217,000. AQR Capital Management LLC lifted its position in shares of Kimball Electronics by 66.1% in the second quarter. AQR Capital Management LLC now owns 235,844 shares of the electronics maker’s stock valued at $5,184,000 after acquiring an additional 93,831 shares in the last quarter. Squarepoint Ops LLC purchased a new position in Kimball Electronics in the 2nd quarter worth approximately $237,000. Gabelli Funds LLC increased its holdings in Kimball Electronics by 4.6% in the 2nd quarter. Gabelli Funds LLC now owns 32,544 shares of the electronics maker’s stock valued at $715,000 after acquiring an additional 1,428 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in Kimball Electronics by 12.0% in the 2nd quarter. Sei Investments Co. now owns 61,653 shares of the electronics maker’s stock worth $1,355,000 after purchasing an additional 6,603 shares in the last quarter. Institutional investors own 75.99% of the company’s stock.

About Kimball Electronics

Kimball Electronics, Inc engages in the provision of electronics manufacturing, engineering, and supply chain support services to customers in the automotive, medical, industrial, and public safety end markets. It provides electronics manufacturing services, including engineering and supply chain support, to customers in the automotive, medical, and industrial end market verticals.