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In the latest session, Kimball Electronics Inc (NASDAQ: KE) closed at $18.92 down -1.20% from its previous closing price of $19.15. In other words, the price has decreased by -$1.20 from its previous closing price. On the day, 0.15 million shares were traded. KE stock price reached its highest trading level at $19.4335 during the session, while it also had its lowest trading level at $18.46.
Ratios:
For a deeper understanding of Kimball Electronics Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.79. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 2.14. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.27.
On October 09, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $39.
On June 15, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $3.40.Cantor Fitzgerald initiated its Overweight rating on June 15, 2023, with a $3.40 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KE now has a Market Capitalization of 466885056 and an Enterprise Value of 421049056. As of this moment, Kimball’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.50, and their Forward P/E ratio for the next fiscal year is 18.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 0.274 whereas that against EBITDA is 4.468.
Stock Price History:
The Beta on a monthly basis for KE is 1.19, which has changed by -0.12690353 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, KE has reached a high of $24.45, while it has fallen to a 52-week low of $12.41. The 50-Day Moving Average of the stock is 13.80%, while the 200-Day Moving Average is calculated to be 6.82%.
Shares Statistics:
For the past three months, KE has traded an average of 178.22K shares per day and 164720 over the past ten days. A total of 24.38M shares are outstanding, with a floating share count of 24.07M. Insiders hold about 1.27% of the company’s shares, while institutions hold 77.07% stake in the company. Shares short for KE as of 1748563200 were 409792 with a Short Ratio of 2.30, compared to 1745971200 on 457466. Therefore, it implies a Short% of Shares Outstanding of 409792 and a Short% of Float of 1.9199998999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0