Alert: Major Price Decline (11/7/23)-Kimball Electronics Inc (NASDAQ: KE).


On 11/7/23, Kimball Electronics Inc (NASDAQ: KE) stock suffered a major decline of -13.0%, closing at $23.49. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -8.0% during the last week.


Current PriceTarget Research Rating

KE’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Kimball Electronics has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Kimball Electronics has a good Appreciation Score of 72 and a good Power Rating of 80, triggering the Highest Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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