Kimball Electronics which can be found using ticker (KE) now have 3 market analysts covering the stock. The analyst consensus now points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 37 and 30 calculating the mean target price we have $33.00. Given that the stocks previous close was at $22.65 and the analysts are correct then we can expect a percentage increase in value of 45.7%. There is a 50 day moving average of $24.81 and the 200 day MA is $21.81. The market cap for the company is $561m. You can visit the company’s website by visiting: https://www.kimballelectronics.com
The potential market cap would be $817m based on the market consensus.
Kimball Electronics provides contract electronics manufacturing services and diversified manufacturing services to customers in the automotive, medical, industrial, and public safety end markets. The company’s manufacturing services include design services and support, supply chain services and support, and rapid prototyping and product introduction support services, as well as product design, and process validation and qualification services. Its manufacturing services also comprise industrialization and automation of manufacturing processes; reliability testing, including testing of products under a series of environmental conditions; production and testing of printed circuit board assemblies; assembly, production, and packaging of medical devices and disposables, and other non-electronic products; drug delivery devices and solutions with and without electronics; class 8 clean room assembly, cold chain, and product sterilization management; design engineering and manufacturing of automation equipment, test and inspection equipment, and precision molded plastics; software design services; and product life cycle management services. The company operates in the United States, China, Mexico, Poland, Romania, Thailand, Vietnam, and internationally. Kimball Electronics was founded in 1961 and is headquartered in Jasper, Indiana.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 14.31, revenue per share of 63.51 and a 4.72% return on assets.
