Kimball ElectronicsKE
Market Cap: $434M
About: Kimball Electronics Inc is a contract electronic manufacturing services company. The company is engaged in producing durable electronics for the automotive, medical, industrial, and public safety end markets. The company's engineering, manufacturing, and supply chain services utilize common production and support capabilities. It is also engaged in producing safety-critical electronic assemblies for its automotive customers. Geographically, it has business units located in the United States, China, Mexico, Poland, Romania, and Thailand. The company derives maximum revenue from Mexico.
Employees: 7,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
29% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 45
4% more funds holding
Funds holding: 142 [Q1] → 147 (+5) [Q2]
1% more capital invested
Capital invested by funds: $418M [Q1] → $422M (+$3.67M) [Q2]
0.47% less ownership
Funds ownership: 77.66% [Q1] → 77.19% (-0.47%) [Q2]
25% less call options, than puts
Call options by funds: $15K | Put options by funds: $20K
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Cantor Fitzgerald Derek Soderberg 13% 1-year accuracy 3 / 24 met price target | 25%upside $22 | Overweight Maintained | 16 Aug 2024 |
Lake Street Jaeson Schmidt 33% 1-year accuracy 5 / 15 met price target | 31%upside $23 | Buy Maintained | 15 Aug 2024 |
B. Riley Securities Mike Crawford 50% 1-year accuracy 6 / 12 met price target | 65%upside $29 | Buy Maintained | 15 Aug 2024 |
Sidoti & Co. Anja Soderstrom 0 / 0 met price target | 8%upside $19 | Neutral Downgraded | 15 Aug 2024 |
EF Hutton Tim Moore 26% 1-year accuracy 14 / 53 met price target | 14%upside $20 | Hold Downgraded | 14 Aug 2024 |
Financial journalist opinion
Based on 4 articles about KE published over the past 30 days