Key Tronic (NASDAQ:KTCC) Issues Q4 2024 Earnings Guidance

Key Tronic (NASDAQ:KTCCGet Free Report) issued an update on its fourth quarter 2024 earnings guidance on Thursday morning. The company provided EPS guidance of 0.000-0.100 for the period. The company issued revenue guidance of $135.0 million-$145.0 million. Key Tronic also updated its Q3 2024 guidance to -0.230–0.180 EPS.

Key Tronic Price Performance

Shares of KTCC stock traded down $0.04 during trading hours on Thursday, reaching $4.57. The company had a trading volume of 23,471 shares, compared to its average volume of 16,037. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.59 and a current ratio of 2.64. The stock has a fifty day moving average of $4.70 and a 200-day moving average of $4.35. The company has a market capitalization of $49.17 million, a price-to-earnings ratio of 11.24 and a beta of 1.43. Key Tronic has a 12-month low of $3.72 and a 12-month high of $7.02.

Key Tronic (NASDAQ:KTCCGet Free Report) last posted its quarterly earnings results on Tuesday, February 6th. The technology company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.02. Key Tronic had a return on equity of 3.41% and a net margin of 0.72%. The business had revenue of $145.42 million during the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Key Tronic in a report on Tuesday. They issued a buy rating on the stock.

Get Our Latest Analysis on Key Tronic

About Key Tronic

(Get Free Report)

Key Tronic Corporation provides contract manufacturing services to original equipment manufacturers in the United States and internationally. The company offers integrated electronic and mechanical engineering, assembly, sourcing and procurement, logistics, and new product testing services. Its services include product design; surface mount technologies and pin through hole capability for printed circuit board assembly; tool making; precision plastic molding; sheet metal fabrication and painting; liquid injection molding; complex assembly; prototype design; and full product assembly services.

Further Reading

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