Kimball Electronics Inc (NASDAQ: KE) has reported E.P.S. of $0.43 for its first fiscal quarter (ending September 30) versus $0.38 for the same period a year ago — an increase of 13%. This result exceeded the consensus estimate of $0.42 by $0.01. For the latest four quarters through September 30, E.P.S. were $2.29 compared to $1.52 a year ago — an increase of 51%.
Recent Price Action
On 11/6/23, Kimball Electronics Inc (NASDAQ: KE) stock declined modestly by -0.7%, closing at $27.01. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 6.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, KE is expected to continue to be a Value Builder.
Kimball Electronics has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Kimball Electronics has a good Appreciation Score of 72 and a good Power Rating of 80, triggering the Highest Value Trend Rating.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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