Sidoti upgraded Kimball Electronics from Neutral to Buy and set a new price target of $26.00 from $20.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/15/2024 | Buy → Neutral | Sidoti | |
| 10/9/2023 | $39.00 | Buy | B. Riley Securities |
| 6/15/2023 | $3.40 | Overweight | Cantor Fitzgerald |
| 5/11/2022 | $27.00 | Buy | Lake Street |
Kimball Electronics, Inc. (NASDAQ:KE) today announced the release of its 2024 Guiding Principles Report, which includes the company's annual sustainability disclosures. Themed "Strategically Focused," the Report outlines progress on environmental, social, and governance (ESG) initiatives and reflects the company's continued focus on the issues that matter most—where it can make a meaningful and lasting difference for people and the environment, while supporting long-term business success. About the Report Now in its sixth edition, the Report reflects how Kimball Electronics integrates sustainability into every area of its business, guided by its Guiding Principles: Customers, People, Citi
Second Quarter Fiscal 2025 Highlights Net sales totaled $357.4 million Operating income of $8.2 million, or 2.3% of net sales, adjusted operating income of 3.7% Inventory ended the quarter at $306 million, a reduction of $29 million from Q1, and down $182 million, or 37%, from peak levels Cash generated by operating activities of $29.5 million, the fourth consecutive quarter of positive cash flow Borrowings on credit facilities of $205 million, a $41 million decrease from the first quarter, and down $90 million, or 30%, from the beginning of the fiscal year Enhanced the capital structure by amending the credit facility with the addition of a 5-year, $100 million Term Loan
Kimball Electronics, Inc. (NASDAQ:KE) today announced that it will report second quarter fiscal year 2025 financial results on Tuesday, February 4, 2025, after the closing of the market. The company will host a conference call and live webcast to review the results on Wednesday, February 5, 2025, at 10:00 a.m. Eastern Time. The telephone number to access the conference call is 877-407-8293 / +1 201-689-8349. A live webcast of the conference call can be accessed at investors.kimballelectronics.com. For those unable to participate in the live webcast, a replay will be archived at investors.kimballelectronics.com. About Kimball Electronics, Inc. Kimball Electronics is a global, mult
4 - Kimball Electronics, Inc. (0001606757) (Issuer)
4 - Kimball Electronics, Inc. (0001606757) (Issuer)
4 - Kimball Electronics, Inc. (0001606757) (Issuer)
8-K - Kimball Electronics, Inc. (0001606757) (Filer)
8-K - Kimball Electronics, Inc. (0001606757) (Filer)
8-K - Kimball Electronics, Inc. (0001606757) (Filer)
Second Quarter Fiscal 2025 Highlights Net sales totaled $357.4 million Operating income of $8.2 million, or 2.3% of net sales, adjusted operating income of 3.7% Inventory ended the quarter at $306 million, a reduction of $29 million from Q1, and down $182 million, or 37%, from peak levels Cash generated by operating activities of $29.5 million, the fourth consecutive quarter of positive cash flow Borrowings on credit facilities of $205 million, a $41 million decrease from the first quarter, and down $90 million, or 30%, from the beginning of the fiscal year Enhanced the capital structure by amending the credit facility with the addition of a 5-year, $100 million Term Loan
Kimball Electronics, Inc. (NASDAQ:KE) today announced that it will report second quarter fiscal year 2025 financial results on Tuesday, February 4, 2025, after the closing of the market. The company will host a conference call and live webcast to review the results on Wednesday, February 5, 2025, at 10:00 a.m. Eastern Time. The telephone number to access the conference call is 877-407-8293 / +1 201-689-8349. A live webcast of the conference call can be accessed at investors.kimballelectronics.com. For those unable to participate in the live webcast, a replay will be archived at investors.kimballelectronics.com. About Kimball Electronics, Inc. Kimball Electronics is a global, mult
First Quarter Fiscal 2025 Highlights Net sales totaled $374.3 million Operating income of $9.1 million, or 2.4% of net sales, adjusted operating income of 3.4% Cash generated by operating activities of $45.5 million, borrowings on credit facilities reduced to 2-year low Company continues to sharpen its strategic focus by completing the divestiture of the Automation, Test, and Measurement business and announcing the closure of its manufacturing facility in Tampa, FL Kimball Electronics, Inc. (NASDAQ:KE) today announced financial results for the first quarter ended September 30, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/ne
Sidoti downgraded Kimball Electronics from Buy to Neutral
B. Riley Securities initiated coverage of Kimball Electronics with a rating of Buy and set a new price target of $39.00
Cantor Fitzgerald initiated coverage of Kimball Electronics with a rating of Overweight and set a new price target of $3.40
SC 13G/A - Kimball Electronics, Inc. (0001606757) (Subject)
SC 13G/A - Kimball Electronics, Inc. (0001606757) (Subject)
SC 13G/A - Kimball Electronics, Inc. (0001606757) (Subject)
Strategic healthcare leader brings more than 30 years of global experience to PureTech's Board following notable positions with Cardinal Health, Teva Pharmaceuticals and McKinsey & Company PureTech Health plc (NASDAQ:PRTC, LSE: PRTC))) ("PureTech" or the "Company"), a clinical-stage biotherapeutics company dedicated to changing the lives of patients with devastating diseases, today announced that Michele Holcomb, PhD, will join its board of directors as an independent non-executive director. Dr. Holcomb's appointment will take effect as of September 23, 2024. She brings more than 30 years of expertise leading global healthcare companies through strategic inflection points and preparing in
600 new employees will be based in Asia and the U.S., with offices in Vietnam, China, India, Japan and Silicon Valley. MONTREAL, Aug. 1, 2024 /PRNewswire/ - Averna, a leading global test & quality solutions provider, announced the acquisition of Global Equipment Services, Inc. (GES), a division of Kimball Electronics, Inc. (NASDAQ:KE) specialized in automation, test and measurement solutions for industries such as consumer electronics, semiconductor and medical devices. This strategic acquisition combines both companies' strengths and footprint to create one of the largest in
Kimball Electronics, Inc. (NASDAQ:KE) today announced that it has expanded the role of Andrew D. Regrut, Vice President, Investor Relations, to include Treasury operations. Mr. Regrut, who has led Investor Relations since March 2021, will serve as Treasurer and Investor Relations Officer effective June 1, 2024. Commenting on the organizational change, Jana T. Croom, Chief Financial Officer, stated, "I am very pleased with Andy's appointment to this expanded role. Under his leadership, our Investor Relations program has increased investor engagement and added research coverage. We look to make similar improvements in Treasury with the refinement of our capital structure to support and enab