FY2025 Earnings Forecast for KE Issued By Cantor Fitzgerald

Kimball Electronics, Inc. (NASDAQ:KE) – Investment analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for Kimball Electronics in a research note issued on Tuesday, January 21st. Cantor Fitzgerald analyst D. Soderberg expects that the electronics maker will post earnings of $1.16 per share for the year. The consensus estimate for Kimball Electronics’ current full-year earnings is $1.06 per share.

Kimball Electronics Trading Up 0.8 %

Shares of NASDAQ:KE opened at $19.39 on Thursday. Kimball Electronics has a 52-week low of $16.64 and a 52-week high of $25.22. The stock has a market capitalization of $478.56 million, a price-to-earnings ratio of 38.02 and a beta of 1.25. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.30 and a current ratio of 2.28. The stock’s 50-day simple moving average is $19.00 and its two-hundred day simple moving average is $19.25.

Kimball Electronics (NASDAQ:KE) last released its quarterly earnings results on Monday, November 4th. The electronics maker reported $0.22 earnings per share for the quarter, meeting the consensus estimate of $0.22. Kimball Electronics had a return on equity of 5.63% and a net margin of 0.78%. The firm had revenue of $374.26 million for the quarter, compared to analysts’ expectations of $376.70 million. During the same period in the prior year, the firm earned $0.43 EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of KE. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Kimball Electronics by 0.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 95,526 shares of the electronics maker’s stock valued at $1,768,000 after purchasing an additional 556 shares in the last quarter. Point72 DIFC Ltd purchased a new position in shares of Kimball Electronics during the 3rd quarter valued at about $25,000. Gabelli Funds LLC grew its stake in shares of Kimball Electronics by 4.6% during 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 period. Foundry Partners LLC increased its holdings in Kimball Electronics by 1.0% in the 3rd quarter. Foundry Partners LLC now owns 219,055 shares of the electronics maker’s stock worth $4,055,000 after acquiring an additional 2,100 shares in the last quarter. Finally, Victory Capital Management Inc. raised its stake in Kimball Electronics by 3.5% during the 3rd quarter. Victory Capital Management Inc. now owns 63,129 shares of the electronics maker’s stock worth $1,169,000 after acquiring an additional 2,145 shares during the period. Hedge funds and other 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, 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.