Kimball Electronics Inc (NASDAQ: KE) |
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Price: $19.1500
$-0.05
-0.260%
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Day's High:
| $19.54
| Week Perf:
| -0.1 %
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Day's Low: |
$ 18.87 |
30 Day Perf: |
-2.15 % |
Volume (M): |
129 |
52 Wk High: |
$ 27.73 |
Volume (M$): |
$ 2,466 |
52 Wk Avg: |
$21.18 |
Open: |
$19.20 |
52 Wk Low: |
$16.64 |
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Market Capitalization (Millions $) |
483 |
Shares
Outstanding (Millions) |
25 |
Employees |
7,000 |
Revenues (TTM) (Millions $) |
1,656 |
Net Income (TTM) (Millions $) |
16 |
Cash Flow (TTM) (Millions $) |
23 |
Capital Exp. (TTM) (Millions $) |
51 |
Kimball Electronics Inc
Kimball Electronics was founded in 1961 and was incorporated in 1998. We are
a global provider of contract electronic manufacturing services, including engineering
and supply chain support, to customers in the automotive, medical, industrial,
and public safety end markets. We offer a package of value that begins with
our core competency of producing “durable electronics” and have
expanded into diversified contract manufacturing services for non-electronic
components, medical disposables, plastics, and metal fabrication. This package
of value includes our set of robust processes and procedures that help us ensure
that we deliver the highest levels of quality, reliability, and service throughout
the entire life cycle of our customers’ products. We believe our customers
appreciate our body of knowledge as it relates to the design and manufacture
of their products that require durability, reliability, the highest levels of
quality control, and regulatory compliance. We deliver award-winning service
from our highly integrated global footprint which is enabled by a largely common
operating system, a standardization strategy, global procedures, and teamwork.
Our Customer Relationship Management (“CRM”) model is key to providing
our customers convenient access to our global footprint and all of our services
throughout the entire product life cycle, making us easy to do business with.
Because our customers are in businesses where engineering changes must be tightly
controlled and long product life cycles are common, our track record of quality,
financial stability, social responsibility, and commitment to long-term relationships
is important to them.
We have been producing safety critical electronic assemblies for our automotive
customers for over 30 years. During this time, we have built up a body of knowledge
that has not only proven to be valuable to our automotive customers, but to
our medical, industrial, and public safety customers as well. We have been successful
in growing and diversifying our business by leveraging our automotive experience
and know-how in the areas of design and process validation, traceability, process
and change control, and lean manufacturing to create valuable and innovative
solutions for new customers in the medical, industrial, and public safety end
market verticals. These solutions include diversified contract manufacturing
services as we now offer our customers design engineering and manufacturing
expertise in precision metals and plastics. We have harmonized our quality systems
to be compliant with various important industry certifications and regulatory
requirements. This allows us to take advantage of other strategic points of
leverage in the supply chain and within our operations so we can cost-effectively
manufacture electronic and non-electronic products in the same production facility
for customers from all four of our end market verticals.
Many of our customers are multinational companies that sell their products
in multiple regions of the world. For these customers, it is important for them
to be able to leverage their investment in their supply partner relationships
such that the same partner provides them with engineering, manufacturing, and
supply chain support in multiple regions of the world. It is common for us to
manufacture the same product for the same customer in multiple locations. Our
strategy for expanding our global footprint has aligned us with the preferences
of the customers in our four end market verticals and has positioned us well
to support their global growth initiatives. Our global systems, procedures,
processes, and teamwork combined with our CRM model have allowed us to accomplish
this goal for many of our largest customers.
Our global processes and central functions that support component sourcing,
procurement, quoting, and customer pricing provide commonality and consistency
among the various regions in which we operate. We have a central, global sourcing
organization that utilizes procurement processes and practices to help secure
sources from around the world and to ensure sufficient availability of components
and a uniform approach to pricing while leveraging the purchase volume of the
entire organization. Customer pricing for all of the products we produce is
managed centrally utilizing a standardized quoting model regardless of where
our customers request their products to be produced.
Our CRM model combines members of our team from within our manufacturing facilities
and members of our business development team who reside remotely and nearer
to our customers around the world. We also have cross functional teams in the
areas of quality, operational excellence, quoting, and design engineering with
representatives from our various locations that provide support to our teams
on a global basis. The skill sets of these team members and the clarity in their
roles and responsibilities help provide our customers with a strong conduit
that is critical to execution and forming a strong relationship. We have institutionalized
a customer scorecard process that provides all levels of our company with valuable
feedback that helps us drive the actions for continuous improvement. Our customer
scorecard process has helped us deliver award-winning service and build loyalty
with our customers.
Company Address: 1205 Kimball Boulevard Jasper 47546 IN
Company Phone Number: 634-4000 Stock Exchange / Ticker: NASDAQ KE
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Customers Net Income fell by |
KE's Customers Net Profit Margin fell to |
-24.05 % |
10.46 %
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Stock Performances by Major Competitors |
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Business Update
Published Thu, Nov 21 2024 10:47 PM UTC
Kimball Electronics, Inc. (Nasdaq: KE) recently achieved significant recognition in the electronics assembly industry, highlighted by winning the Highest Overall Customer Ratings in seven critical categories of the CIRCUITS ASSEMBLY s 2024 Service Excellence Awards. This prestigious accolade underscores Kimball Electronics commitment to excellence and innovation in a highly...
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Kimball Electronics Inc
Kimball Electronics Inc, a leading electronic manufacturing services company, has recently experienced fluctuating share prices. Over the last month, the company's shares increased by 8.14%, demonstrating a positive trend. Additionally, in the past week, the shares rose by 3.15%. Despite this recent growth, Kimball Electronics Inc shares are currently trading only 14.7% above their lowest value in the past 52 weeks. However, these positive stock market movements stand in contrast to the company's financial performance in the third quarter of the fiscal year 2024. Kimball Electronics Inc suffered a significant setback during this period, slipping into a deficit of $-0.24 per share. This is a drastic decrease compared to the earnings of $0.65 per share recorded a year ago. Furthermore, the company experienced a decline in earnings per share from $0.33 to $-0.24 from the previous reporting period.
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Kimball Electronics Inc
Investors are closely monitoring Kimball Electronics Inc's performance after the release of soft results for the fiscal second quarter of 2024. The company reported a decrease in both revenue and income, with revenue falling by -3.613% to $420.43 million and income dropping by -23.26% to $0.33 per share compared to the previous year. Net earnings also saw a decline, falling by -22.67% to $8.290 million in the fiscal second quarter of 2024. Operating margin and net margin also shrank, indicating potential challenges ahead for the company.
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Kimball Electronics Inc
Kimball Electronics Inc has showcased impressive financial results in the first quarter of 2024, outperforming many businesses in the Semiconductors sector. Despite facing challenges from diminishing businesses and retracting revenues, the company's revenue, income per share, and net earnings have all shown considerable growth compared to the previous year. Additionally, Kimball Electronics Inc has successfully improved its profit margins and managed to increase its operating earnings. These positive developments have led to a significant gain in the company's stock value. Financial Results and Analysis: 1. Revenue: In the financial period ending September 30, 2023, Kimball Electronics Inc experienced a 7.95% increase in revenue, generating $437.54 million compared to $405.32 million in the previous year's quarter. - This growth is noteworthy considering the struggles faced by other companies in the Semiconductors sector.
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Kimball Electronics Inc
Kimball Electronics Inc (KE) has recently reported an increase in its inventory turnover ratio for the fourth quarter of 2023, reaching 3.56. Although this shows an improvement, it remains below the industry average, indicating that KE continues to face challenges in its market. Furthermore, KE's average inventory processing period for the June 30, 2023 quarter decreased to 103 days compared to 107 days in the previous quarter. While this may seem positive, it is important to note that 132 companies in the Technology sector have higher inventory turnover ratios than KE.
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Per Share |
Current |
Earnings (TTM) |
0.64 $ |
Revenues (TTM) |
65.63 $
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Cash Flow (TTM) |
0.91 $ |
Cash |
3.03 $
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Book Value |
21.71 $
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Dividend (TTM) |
0 $ |
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Per Share |
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Earnings (TTM) |
0.64 $
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Revenues (TTM) |
65.63 $ |
Cash Flow (TTM) |
0.91 $ |
Cash |
3.03 $
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Book Value |
21.71 $ |
Dividend (TTM) |
0 $ |
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On August 14 2024 the Kimball Electronics Inc provided following guidance
nnKimball Electronics, Inc. Provides Insight into Q4 Financial Performance and Outlines Fiscal 2025 Guidancenn
nnJASPER, Ind. ? August 14, 2024nn ? Kimball Electronics, Inc. (Nasdaq: KE) has officially released its financial results for both the fourth quarter and the entire fiscal year concluding on June 30, 2024. The report highlights notable changes in net sales and operating income compared to the previous year.
In the three months ending June 30, 2024, Kimball Electronics recorded net sales of $430.2 million, a decline from $496.1 million reported in the same quarter of the previous year. For the fiscal year 2024, net sales totaled approximately $1.7 billion, down from $1.82 billion i...
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