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

Key Tronic (NASDAQ:KTCC) updated its fourth quarter 2024 earnings guidance on Thursday. 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.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Key Tronic in a research note on Tuesday. They issued a buy rating for the company.

Key Tronic Trading Down 0.9 %

Shares of KTCC stock traded down $0.04 during trading hours on Thursday, hitting $4.57. 23,471 shares of the company were exchanged, compared to its average volume of 16,037. The firm has a market cap of $49.17 million, a P/E ratio of 11.24 and a beta of 1.43. Key Tronic has a fifty-two week low of $3.72 and a fifty-two week high of $7.02. 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 company has a 50 day simple moving average of $4.70 and a two-hundred day simple moving average of $4.35.

Key Tronic (NASDAQ:KTCC) last issued its earnings results on Tuesday, February 6th. The technology company reported $0.10 earnings per share (EPS) for the quarter, topping 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 company had revenue of $145.42 million for the quarter.

About Key Tronic

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.