Kimball Electronics, Inc. with ticker code (KE) have now 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 average target price we see $33.00. Given that the stocks previous close was at $20.22 this would indicate that there is a potential upside of 63.2%. There is a 50 day moving average of $22.83 and the 200 day moving average is $22.17. The total market capitalization for the company now stands at $502m. Company Website: https://www.kimballelectronics.com
The potential market cap would be $820m based on the market consensus.
Kimball Electronics, Inc. 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, Inc. 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 11.48, revenue per share of 63.51 and a 4.72% return on assets.
