Overview
Kimball Electronics Q4 net sales rise 2% sequentially, beating analyst expectations
Adjusted EPS for Q4 beats estimates, reflecting strong operational performance
Co repurchased 162,000 shares, indicating confidence in financial stability
Outlook
Kimball Electronics sees FY26 net sales of $1.35 bln to $1.45 bln
Company expects FY26 adjusted operating income of 4.0% to 4.25% of sales
Capital expenditures for FY26 projected at $50 mln to $60 mln
Result Drivers
INVENTORY REDUCTION - Inventory decreased by $23.1 mln, contributing to positive cash flow
DEBT REDUCTION - Borrowings decreased by $31.3 mln, enhancing balance sheet strength
MARGIN IMPROVEMENT - Sequential sales increase and improved margins led to better-than-expected Q4 results
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales | Beat | $380.47 mln | $333.20 mln (4 Analysts) |
Q4 Adjusted EPS | Beat | $0.34 | $0.15 (4 Analysts) |
Q4 EPS |
| $0.26 |
|
Q4 Adjusted Net Income | Beat | $8.44 mln | $4.88 mln (2 Analysts) |
Q4 Net Income |
| $6.58 mln |
|
Q4 Adjusted Operating Income | Beat | $19.64 mln | $10.80 mln (3 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the semiconductors peer group is "buy"
Wall Street's median 12-month price target for Kimball Electronics Inc is $21.50, about 3.1% above its August 12 closing price of $20.83
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 13 three months ago
Press Release: ID:nBw5R4TZba