B. Riley Expects Reduced Earnings for Kimball Electronics

Kimball Electronics, Inc. (NASDAQ:KEFree Report) – Analysts at B. Riley decreased their FY2026 earnings estimates for shares of Kimball Electronics in a report issued on Wednesday, May 7th. B. Riley analyst M. Crawford now expects that the electronics maker will post earnings per share of $0.95 for the year, down from their previous estimate of $1.35. The consensus estimate for Kimball Electronics’ current full-year earnings is $0.89 per share.

Kimball Electronics (NASDAQ:KEGet Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The electronics maker reported $0.27 EPS 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 company had revenue of $374.61 million during the quarter, compared to analyst estimates of $338.08 million.

A number of other analysts have also commented on the stock. StockNews.com lowered shares of Kimball Electronics from a “buy” rating to a “hold” rating in a research note on Thursday. Lake Street Capital reduced their price objective on shares of Kimball Electronics from $23.00 to $21.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Kimball Electronics currently has a consensus rating of “Moderate Buy” and an average target price of $22.75.

Read Our Latest Stock Analysis on KE

Kimball Electronics Price Performance

KE stock opened at $18.24 on Monday. The company has a current ratio of 2.28, a quick ratio of 1.29 and a debt-to-equity ratio of 0.33. Kimball Electronics has a one year low of $12.41 and a one year high of $24.45. The firm has a market capitalization of $444.69 million, a PE ratio of 57.00 and a beta of 1.11. The firm has a 50-day moving average of $15.33 and a two-hundred day moving average of $17.49.

Institutional Trading of Kimball Electronics

A number of hedge funds have recently made changes to their positions in KE. Arrowstreet Capital Limited Partnership lifted its position in shares of Kimball Electronics by 239.9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 200,362 shares of the electronics maker’s stock worth $3,753,000 after purchasing an additional 141,411 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Kimball Electronics by 45.4% during the first quarter. Envestnet Asset Management Inc. now owns 339,230 shares of the electronics maker’s stock valued at $5,580,000 after acquiring an additional 105,889 shares in the last quarter. Vanguard Group Inc. raised its position in Kimball Electronics by 5.0% during the fourth 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 in the last quarter. Charles Schwab Investment Management Inc. raised its position in Kimball Electronics by 34.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 300,694 shares of the electronics maker’s stock valued at $4,946,000 after acquiring an additional 77,272 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in Kimball Electronics by 142.1% during the fourth quarter. JPMorgan Chase & Co. now owns 113,208 shares of the electronics maker’s stock valued at $2,120,000 after acquiring an additional 66,444 shares in the last quarter. 75.99% of the stock is owned by hedge funds and other institutional investors.

Kimball Electronics Company Profile

(Get Free Report)

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.

Featured Stories

Earnings History and Estimates for Kimball Electronics (NASDAQ:KE)

Receive News & Ratings for Kimball Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimball Electronics and related companies with MarketBeat.com's FREE daily email newsletter.