Kimball Electronics Inc (NASDAQ:KE) has earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Brokers have set a one year consensus target price of $16.00 for the company and are expecting that the company will post $0.18 EPS for the current quarter, according to Zacks. Zacks has also assigned Kimball Electronics an industry rank of 196 out of 265 based on the ratings given to related companies.
Shares of Kimball Electronics (NASDAQ:KE) opened at 10.99 on Monday. The stock has a market cap of $322.58 million and a PE ratio of 12.78. Kimball Electronics has a 12 month low of $10.07 and a 12 month high of $17.01. The firm’s 50-day moving average is $11.14 and its 200 day moving average is $12.19.
Kimball Electronics (NASDAQ:KE) last released its earnings results on Thursday, November 5th. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.19 by $0.03. The firm had revenue of $200.40 million for the quarter, compared to analysts’ expectations of $201.16 million. On average, equities analysts predict that Kimball Electronics will post $0.74 EPS for the current year.
Several brokerages recently weighed in on KE. B. Riley restated a “buy” rating and issued a $16.00 price target on shares of Kimball Electronics in a research report on Friday, November 6th. Zacks Investment Research upgraded shares of Kimball Electronics from a “sell” rating to a “hold” rating in a research report on Sunday, November 29th.
Kimball Electronics, Inc. (NASDAQ:KE) is engaged in providing engineering, manufacturing and supply chain services. The Company offers its services to customers in the automotive, medical, industrial and public safety end markets. The Company offers engineering, manufacturing and supply chain services, such as design services; rapid prototyping and new product introduction support; production and testing of printed circuit board assemblies (PCBAS); industrialization and automation of manufacturing processes; product design and process validation and qualification; reliability testing, which include testing of products under a series of different environmental conditions; assembly, production and packaging of other related non-electronic products; supply chain services, and product life cycle management. It produces safety critical electronic assemblies for the automotive market. It operates business units in the United States, Mexico, Poland, China and Thailand.
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