News coverage about Kimball Electronics (NASDAQ:KE) has trended somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kimball Electronics earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the electronics maker an impact score of 45.068803081618 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

A number of research analysts recently commented on the company. ValuEngine downgraded Kimball Electronics from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. BidaskClub downgraded Kimball Electronics from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, December 12th.

Shares of Kimball Electronics (NASDAQ KE) traded up $0.60 on Monday, reaching $19.95. The company had a trading volume of 189,900 shares, compared to its average volume of 78,425. The company has a market cap of $535.44, a P/E ratio of 16.76 and a beta of 0.94. Kimball Electronics has a 52-week low of $15.05 and a 52-week high of $22.45.

Kimball Electronics (NASDAQ:KE) last issued its quarterly earnings data on Wednesday, November 1st. The electronics maker reported $0.31 EPS for the quarter. The firm had revenue of $253.20 million during the quarter. Kimball Electronics had a return on equity of 9.63% and a net margin of 3.40%.

Kimball Electronics declared that its Board of Directors has initiated a share buyback program on Thursday, August 24th that allows the company to buyback $20.00 million in shares. This buyback authorization allows the electronics maker to buy up to 42% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board believes its stock is undervalued.

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About Kimball Electronics

Kimball Electronics, Inc (Kimball Electronics) is an electronics manufacturing services (EMS) company. The Company is engaged in producing electronics for the automotive, medical, industrial and public safety markets. It provides design, engineering, manufacturing, packaging and distribution of electronic assemblies and circuit boards on a contract basis to a range of industries.

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