Kimball Electronics Inc (NASDAQ: KE) has reported E.P.S. of $0.30 for its fourth fiscal quarter (ending June 30) versus $0.77 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $0.82 versus $2.24 for the same period a year ago.
Recent Price Action
Kimball Electronics Inc (NASDAQ: KE) stock closed at $20.44 on 8/13/24 after a large increase of 2.2%. This advance was accompanied by normal trading volume. Relative to the market the stock has been weak over the last nine months but has risen 0.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, KE is expected to continue to be a modest Value Builder.
Kimball Electronics has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Kimball Electronics has a good Appreciation Score of 70 but a poor Power Rating of 20, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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