Kimball Electronics Inc. (KE): Is it worth Buying?


Kimball Electronics Inc. (NASDAQ:KE) changes shares on Tuesday trading session, with a change of 0.53% or $0.07 shares. The trading starts at $13.15 and closed at $13.29 throughout the day. The trading session low price was $13.15 and day high was $13.415 on Tuesday, August 04. After the session, the Industrials sector daily volume shifted to 53263.0 while its average volume is 73.15K. In other hand, the KE market cap reached to $336.67M. While, its current target price is $17.00.

On May 17, 2018, BRIEF-Kimball Electronics Signs Agreement To Acquire Global Equipment Services. According to the news reported on Reuters, * KIMBALL ELECTRONICS SIGNS AGREEMENT TO ACQUIRE GLOBAL EQUIPMENT SERVICES (GES)

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 3.57% and up 3.25% for month. Its quarterly performance was 8.35% above, while its half year performance is down -18.49%. KE yearly performance stood at negative -10.22% and fall -23.87% for year-to-date. Current recommendation for Kimball Electronics Inc. is 1.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. KE EPS (TTM) for 12-month is 0.96. EPS for this year is -6.80%, while for the next year its value is 1.28. Its EPS Q/Q reached -45.70%. It has an EPS of 7.10% up for past five years.

Let’s take a look on the analyst recommendations on KE for the current month and previous month. For the current month, 1 of 1 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $17.00 – $17.00. Average target price for KE was reached at $17.00.

Dimensional Fund Advisors LP, Blackrock Inc. and Vanguard Group, Inc. (The) are the top three holders in Kimball Electronics Inc. (KE) stock. On Mar 30, 2020, Dimensional Fund Advisors LP has 2.13 million shares which valued 23.24 million. On Mar 30, 2020, Blackrock Inc. owned 1.86 million shares which valued at 20.26 million. On Mar 30, 2020, Vanguard Group, Inc. (The) has a total of 1.27 million shares which valued at 13.92 million. In the end, Vanguard Group, Inc. (The) have 5.10% shares outstanding of Kimball Electronics Inc. (KE) on Mar 30, 2020. The insider ownership moved to 1.30% and institutional holding shifted to 63.00%.

The company posted an EPS (TTM) of 0.96. According to the most recent quarter report on (Jun 2020), 1 analysts estimated an average EPS of 0.2. Analyst Estimated EPS for KE published in the report was $0.2 – $0.2 during the same period.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for KE fall -8.31% for period of 200 days. SMA for 50 days was -1.01% which is showing red signal, while SMA-20 was 1.43%. The moving average value for Kimball Electronics Inc. (KE) is 176.74k and 0.90% for 200 and 50 days respectively.