Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Kimball Electronics Inc before investing.

In this article, we go over a few key elements for understanding Kimball Electronics Inc’s stock price such as:

• Kimball Electronics Inc’s current stock price and volume
• Why Kimball Electronics Inc’s stock price changed recently
• Upgrades and downgrades for KE from analysts
• KE’s stock price momentum as measured by its relative strength

About Kimball Electronics Inc (KE)

Before we jump into Kimball Electronics Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Kimball Electronics, Inc. is a global, multifaceted manufacturing solutions provider of electronics and diversified contract manufacturing services to customers. The Company provides electronics manufacturing services (EMS), including engineering and supply chain support, to customers in the automotive, medical, and industrial end market verticals. It produces durable electronics and further offers contract manufacturing services for non-electronic components, medical disposables, drug delivery solutions, and precision molded plastics. Its services support the complete product life cycle of its customers’ products, and its processes and capabilities cover a range of products from high volume-low mix to high mix-low volume. It offers its services globally on a contract basis, and it manufactures products to its customers' specifications. The Company manufactures products for its customers at facilities located in the United States, China, Mexico, Poland, Romania, and Thailand.

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Kimball Electronics Inc’s Stock Price as of Market Close

As of September 13, 2024, 4:00 PM, CST, Kimball Electronics Inc’s stock price was $18.12.

Kimball Electronics Inc is up 4.32% from its previous closing price of $17.37.

During the last market session, Kimball Electronics Inc’s stock traded between $17.18 and $17.73. Currently, there are 25.06 million shares of Kimball Electronics Inc stock available for purchase.

Kimball Electronics Inc’s price-earnings (P/E) ratio is currently at 16.6, which is low compared to the Semiconductors industry median of 27. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Kimball Electronics Inc Stock Price History

Kimball Electronics Inc’s (KE) price is currently down 1.79% so far this month.

During the month of September, Kimball Electronics Inc’s stock price has reached a high of $18.54 and a low of $17.09.

Over the last year, Kimball Electronics Inc has hit prices as high as $28.73 and as low as $17.09. Year to date, Kimball Electronics Inc’s stock is down 19.79%.

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What Caused Kimball Electronics Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 12, 2024, there were 3 analysts who downgraded Kimball Electronics Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Kimball Electronics Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Kimball Electronics Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Kimball Electronics Inc’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Kimball Electronics Inc (KE) by visiting AAII Stock Evaluator.

Relative Price Strength of Kimball Electronics Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 12, 2024, Kimball Electronics Inc has a weighted four-quarter relative price strength of -17.45%, which translates to a Momentum Score of 20 and is considered to be Very Weak.

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Kimball Electronics Inc Stock Price: Bottom Line

As of September 13, 2024, Kimball Electronics Inc’s stock price is $18.12, which is up 4.32% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Kimball Electronics Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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