Kimball Electronics Inc

Kimball Electronics Inc Stock Forecast & Price Prediction

Live Kimball Electronics Inc Stock (KE) Price
$19.20

4

Ratings

  • Buy 3
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$19.20

P/E Ratio

38.40

Volume Traded Today

$127,002

Dividend

Dividends not available for KE

52 Week High/low

27.73/16.64

Kimball Electronics Inc Market Cap

$473.9M

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KE Summary

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.

KE Analyst Ratings

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.

KE stock forecast by analyst

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

KE Company Information

What They Do: Provides electronics manufacturing and engineering services.

Business Model: The company operates by offering a wide range of contract manufacturing services, including engineering and supply chain support for electronic assemblies and non-electronic components. It generates revenue through its diverse offerings in manufacturing, testing, and design services across multiple sectors such as automotive, medical, and industrial markets.

Other Information: Founded in 1961 and headquartered in Jasper, Indiana, the company has a global presence with operations in various countries, including the United States, China, and Mexico. Its extensive service portfolio includes rapid prototyping, product life cycle management, and aftermarket services, positioning it as a comprehensive solution provider in the electronics manufacturing sector.
KE
Kimball Electronics Inc (KE)

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

Kimball Electronics Inc (KE) Financial Data

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

N/A

Revenue From 2021

$1.29B

0.00 %
From Previous Year

Revenue From 2022

$1.35B

4.47 %
From Previous Year

Revenue From 2023

$1.82B

35.12 %
From Previous Year
  • Revenue TTM $1.65B
  • Operating Margin TTM 5.2%
  • Gross profit TTM $140.3M
  • Return on assets TTM 3.6%
  • Return on equity TTM 2.4%
  • Profit Margin 0.8%
  • Book Value Per Share 22.20%
  • Market capitalisation $473.9M
  • Revenue for 2021 $1.29B
  • Revenue for 2022 $1.35B
  • Revenue for 2023 $1.82B
  • EPS this year (TTM) $0.50

Kimball Electronics Inc (KE) Latest News

News Image

Tue, 03 Dec 2024

Sentiment - POSITIVE

Source - MarketBeat

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.

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Tue, 05 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Mon, 04 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Mon, 21 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

...

KE Frequently asked questions

The highest forecasted price for KE is $29 from Mike Crawford at B. Riley Securities.

The lowest forecasted price for KE is $20 from Tim Moore from EF Hutton

The KE analyst ratings consensus are 3 buy ratings, 1 hold ratings, and 0 sell ratings.