Worth Watching: Time to Buy Kimball International Inc After Today’s Huge Decline?

Worth Watching: Time to Buy Kimball International Inc After Today's Huge Decline?

The stock of Kimball International Inc (NASDAQ:KBAL) is a huge mover today! About 237,891 shares traded hands or 51.67% up from the average. Kimball International Inc (NASDAQ:KBAL) has risen 34.62% since April 27, 2016 and is uptrending. It has outperformed by 29.39% the S&P500.
The move comes after 5 months negative chart setup for the $546.56 million company. It was reported on Nov, 30 by Barchart.com. We have $14.87 PT which if reached, will make NASDAQ:KBAL worth $16.40M less.

Analysts await Kimball International Inc (NASDAQ:KBAL) to report earnings on February, 7.

According to Zacks Investment Research, “Kimball International, Inc. is a manufacturer of design driven, technology savvy, furnishings. The company provides solutions for the workplace, learning, healing and hospitality environments. Its brand consists of National Office Furniture, Kimball Office and Kimball Hospitality. Kimball International, Inc. is based in Jasper, United States.”

More news for Kimball International Inc (NASDAQ:KBAL) were recently published by: Globenewswire.com, which released: “Kimball International Honored with ICMA Board of Regents Corporate Recognition …” on July 27, 2016. Businesswire.com‘s article titled: “Kimball International, Inc. Announces Additional Enhancement to Corporate …” and published on June 29, 2015 is yet another important article.

KBAL Company Profile

Kimball International, Inc., incorporated on August 24, 1939, creates design driven furnishings. The Firm sells a portfolio of furniture services and products under three brands, which include Kimball Office, National Office Furniture and Kimball Hospitality. The Company’s portfolio offers solutions for the workplace, learning, healing and hospitality environments. The Firm offers products designed specifically for the healthcare market, such as patient room and lounge seating, and casegoods. The Firm also has a trucking fleet and customer fulfillment centers to facilitate delivery of products. As of June 30, 2016, the Company, in the United States, had manufacturing facilities and showrooms in nine states and the District of Columbia. As of June 30, 2016, the Company’s products were produced at 10 plants, including seven located in Indiana, two in Kentucky, and one in Virginia.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment