Key Tronic Co. (KTCC) Raised to Hold at Zacks Investment Research

According to Zacks, “KEY TRONIC CORP. and its subsidiaries are principally engaged in the design, development, and manufacture of input devices, primarily keyboards, for personal computers, terminals, and workstations. “

Several other equities research analysts have also issued reports on the stock. B. Riley reaffirmed a buy rating and issued a $12.00 price objective on shares of Key Tronic in a research note on Monday, November 2nd. TheStreet lowered shares of Key Tronic from a buy rating to a hold rating in a research note on Friday, October 16th.

Key Tronic (NASDAQ:KTCC) opened at 7.60 on Tuesday. Key Tronic has a 12 month low of $7.50 and a 12 month high of $12.49. The stock’s 50 day moving average is $7.72 and its 200 day moving average is $9.32. The company has a market cap of $81.40 million and a PE ratio of 13.31.

Key Tronic (NASDAQ:KTCC) last released its quarterly earnings data on Tuesday, October 27th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.02. The business earned $126.20 million during the quarter, compared to analyst estimates of $125.10 million. Equities analysts predict that Key Tronic will post $0.37 earnings per share for the current year.

12 Month Chart for NASDAQ:KTCC

Key Tronic Corporation is engaged in providing electronic manufacturing services and solutions for original equipment manufacturers (NASDAQ:KTCC). The Company also manufactures keyboards and other input devices. The Company provides engineering services, procurement and distribution across the world, materials management, world-class manufacturing and assembly services, in-house testing and unparalleled customer service. It provides a mix of manufacturing services for outsourced OEM products. The Company provides electronic manufacturing services (EMS) services, such as product design, surface mount technologies (SMT) and pin through hole capability for printed circuit board assembly, tool making, precision plastic molding, sheet metal fabrication, liquid injection molding, complex assembly, automated tape winding, prototype design and full product assembly. Its subsidiaries include Key Tronic Juarez, SA de CV and Key Tronic Computer Peripherals (Shanghai) Co., Ltd.

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