Based on ratings from 4 stock analysts, the Kimball Electronics Inc stock price is expected to increase by 25% in 12 months. This is calculated by using the average 12-month stock price forecast for Kimball Electronics Inc. The lowest target is $20 and the highest is $29. Please note analyst price targets are not guaranteed and could be missed completely.
About 4 Wall Street analysts have assigned KE 3 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Kimball Electronics Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on KE. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of KE.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Derek Soderberg Cantor Fitzgerald | Overweight | $22 | Maintains | Aug 16, 2024 |
Mike Crawford B. Riley Securities | Buy | $29 | Maintains | Aug 15, 2024 |
Jaeson Schmidt Lake Street | Buy | $23 | Maintains | Aug 15, 2024 |
Anja Soderstrom Sidoti & Co. | Neutral | $19 | Downgrade | Aug 15, 2024 |
Tim Moore EF Hutton | Hold | $20 | Downgrade | Aug 14, 2024 |
Tim Moore EF Hutton | Buy | $34 | Maintains | May 9, 2024 |
Tim Moore EF Hutton | Buy | $33 | Maintains | Feb 7, 2024 |
Mike Crawford B. Riley Securities | Buy | $34 | Maintains | Feb 7, 2024 |
Derek Soderberg Cantor Fitzgerald | Overweight | $28 | Maintains | Feb 7, 2024 |
Tim Moore EF Hutton | Buy | $37 | Maintains | Nov 8, 2023 |
Derek Soderberg Cantor Fitzgerald | Overweight | $36 | Reiterates | Oct 4, 2023 |
EF Hutton | Buy | Reiterates | Sep 18, 2023 | |
EF Hutton | Buy | Reiterates | Sep 12, 2023 | |
Lake Street | Buy | Maintains | Aug 18, 2023 | |
EF Hutton | Buy | Maintains | Aug 18, 2023 | |
Cantor Fitzgerald | Overweight | Maintains | Aug 18, 2023 | |
Derek Soderberg Cantor Fitzgerald | Overweight | $34 | Initiates | Jun 15, 2023 |
Tim Moore EF Hutton | Buy | $37 | Initiates | Jun 12, 2023 |
Jaeson Schmidt Lake Street | Buy | $27 | Initiates | May 11, 2022 |
Sidoti & Co. | Buy | Upgrade | May 7, 2021 |
When did it IPO
2014
Staff Count
7,000
Country
United States
Sector/Industry
Industrials/Electrical Equipment & Parts
CEO
Mr. Richard D. Phillips
Market Cap
$473.9M
In 2023, KE generated $1.82B in revenue, which was a increase of 35.12% from the previous year. This can be seen as a signal that KE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - The consumer electronics industry is currently challenged by inflation and reduced spending. Analysts predict a modest recovery in 2025, with global sales expected to reach $977 billion.
Why It Matters - The consumer electronics industry's struggles post-COVID, coupled with inflation and cautious spending, could impact stock performance, while a projected recovery in 2025 suggests potential long-term gains.
Summary - Kimball Electronics, Inc. (Nasdaq: KE) received top ratings in seven categories of CIRCUITS ASSEMBLY'S 2024 Service Excellence Awards, highlighting its strong performance in customer satisfaction.
Why It Matters - Kimball Electronics' recognition for excellence in multiple customer service categories enhances its reputation, potentially leading to increased sales, customer loyalty, and improved stock performance.
Summary - Kimball Electronics, Inc. (NASDAQ: KE) will hold its Q1 2025 earnings conference call on November 5, 2024, at 10:00 AM ET with key executives participating.
Why It Matters - Kimball Electronics' Q1 earnings call will provide insights into financial performance and strategic direction, influencing investor sentiment and stock valuation.
Summary - Kimball Electronics, Inc. reported Q1 2024 net sales of $374.3M, down from $438.1M in Q1 2023. Operating income fell to $9.1M, with net income at $3.2M.
Why It Matters - Kimball Electronics reported a decline in net sales and operating income, indicating potential challenges in demand or operational efficiency, which could affect investor confidence and stock performance.
Summary - Kimball Electronics (KE) reported quarterly earnings of $0.22 per share, matching estimates but down from $0.43 per share year-over-year.
Why It Matters - Kimball Electronics' earnings decline signals potential challenges in growth and profitability, affecting investor sentiment and future stock performance.
Summary - Kimball Electronics, Inc. (Nasdaq: KE) will report Q1 FY2025 results on November 4, 2024, after market close, with a conference call on November 5 at 10:00 a.m. ET.
Why It Matters - Kimball Electronics' upcoming financial results and conference call can significantly influence stock prices and investor sentiment, impacting investment decisions.