(KE) Kimball Electronics - Ratings and Ratios

Kimball Electronics, Inc. is a leading provider of electronics manufacturing, engineering, and supply chain support services, catering to the automotive, medical, and industrial sectors. The companys comprehensive suite of services includes contract manufacturing, design support, supply chain management, and product life cycle management, enabling customers to bring complex products to market efficiently. With a global footprint spanning the United States, Asia, and Europe, Kimball Electronics leverages its international presence to deliver tailored solutions to its diverse customer base.

The companys capabilities extend beyond electronics manufacturing to include production and testing of printed circuit board assemblies, clean room assembly, and product sterilization management. Additionally, Kimball Electronics offers specialized services such as rapid prototyping, new product introduction support, and reliability testing, allowing customers to accelerate their product development and launch processes. Its expertise in automation, test, and inspection equipment further enhances its value proposition to customers in the automotive, medical, and industrial markets.

From a technical analysis perspective, Kimball Electronics stock has shown a bullish trend, with its short-term and long-term moving averages indicating a potential upward trajectory. The stocks current price of $18.24 is above its 20-day and 50-day simple moving averages (SMA) of $14.69 and $15.53, respectively, suggesting a positive momentum. However, the stock is still below its 52-week high of $24.28, indicating potential for further growth. Using the Average True Range (ATR) of 0.91, which represents a 4.97% daily volatility, we can forecast a potential price range for the stock in the near term.

Combining the technical analysis with fundamental data, we can forecast a potential target price for Kimball Electronics. With a market capitalization of $366.36M USD and a P/E ratio of 46.63, the stock appears to be reasonably valued. The low Return on Equity (RoE) of 3.30% may indicate room for improvement in the companys profitability. However, considering the companys diversified revenue streams and global presence, we can estimate a potential upside for the stock. Based on the technical and fundamental analysis, a forecasted target price for Kimball Electronics could be in the range of $22-$25, representing a potential upside of 20-37% from the current price.