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

Key Tronic (NASDAQ:KTCC) updated its fourth quarter 2024 earnings guidance on Friday. The company provided earnings per share guidance of 0.000-0.000 for the period. The company issued revenue guidance of $125.0 million-$125.0 million. Key Tronic also updated its Q1 2025 guidance to 0.100-0.200 EPS.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Key Tronic in a report on Sunday, July 28th. They issued a buy rating for the company.

Key Tronic Stock Up 6.5 %

NASDAQ:KTCC traded up $0.25 during mid-day trading on Friday, reaching $4.07. The company’s stock had a trading volume of 40,930 shares, compared to its average volume of 19,471. The company has a quick ratio of 1.75, a current ratio of 2.80 and a debt-to-equity ratio of 0.94. Key Tronic has a 1 year low of $3.60 and a 1 year high of $6.24. The stock has a fifty day moving average of $3.92 and a 200-day moving average of $4.33. The firm has a market capitalization of $43.79 million, a PE ratio of 203.50 and a beta of 1.49.

Key Tronic (NASDAQ:KTCC) last announced its quarterly earnings results on Tuesday, May 7th. The technology company reported ($0.21) earnings per share for the quarter, hitting the consensus estimate of ($0.21). The firm had revenue of $140.53 million during the quarter. Key Tronic had a net margin of 0.04% and a return on equity of 0.20%.

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.