Key Tronic Stock Today
| KTCC Stock | USD 4.41 0.15 3.29% |
Performance4 of 100
| Odds Of DistressLess than 6
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Key Tronic is trading at 4.41 as of the 23rd of April 2024, a -3.29 percent down since the beginning of the trading day. The stock's open price was 4.56. Key Tronic has only a 6 % chance of going through financial distress over the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Key Tronic are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 26th of March 1990 | Category Technology | Classification Information Technology |
Key Tronic Corporation provides contract manufacturing services to original equipment manufacturers in the United States and internationally. Key Tronic Corporation was incorporated in 1969 and is headquartered in Spokane Valley, Washington. Key Tronic operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. The company has 10.76 M outstanding shares of which 16.91 K shares are now shorted by private and institutional investors with about 1.09 trading days to cover. More on Key Tronic
Moving together with Key Stock
| 0.68 | BHE | Benchmark Electronics Financial Report 1st of May 2024 | PairCorr |
| 0.69 | CTS | CTS Corporation Earnings Call This Week | PairCorr |
Moving against Key Stock
| 0.8 | RELL | Richardson Electronics Financial Report 17th of July 2024 | PairCorr |
| 0.55 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.5 | PLXS | Plexus Corp Earnings Call This Week | PairCorr |
| 0.49 | AAPL | Apple Inc Report 2nd of May 2024 | PairCorr |
Key Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Key Tronic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Key Tronic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Craig Gates | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Computers (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Computers, Information Technology, Electronic Equipment, Instruments & Components, Computer Hardware, Technology, Computing (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Key Tronic report their recommendations after researching Key Tronic's financial statements, talking to executives and customers, or listening in on Key Tronic's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Key Tronic. The Key consensus assessment is calculated by taking the average forecast from all of the analysts covering Key Tronic. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Key Tronic's historical financial statements, Key Tronic may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Key Tronic is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Key Tronic's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Key Tronic's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Key Tronic's financial leverage. It provides some insight into what part of Key Tronic's total assets is financed by creditors.
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Key Tronic (KTCC) is traded on NASDAQ Exchange in USA. It is located in 4424 North Sullivan Road, Spokane Valley, WA, United States, 99216 and employs 5,447 people. Key Tronic is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 49.07 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Key Tronic's market, we take the total number of its shares issued and multiply it by Key Tronic's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Key Tronic conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 10.76 M outstanding shares of which 16.91 K shares are now shorted by private and institutional investors with about 1.09 trading days to cover.
Key Tronic currently holds about 1.71 M in cash with (11.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16.
Check Key Tronic Probability Of Bankruptcy
Ownership AllocationKey Tronic holds a total of 10.76 Million outstanding shares. 30% of Key Tronic outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Key Ownership Details
Key Stock Price Odds Analysis
What are Key Tronic's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Key Tronic jumping above the current price in 90 days from now is about 82.95%. The Key Tronic probability density function shows the probability of Key Tronic stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Key Tronic has a beta of 0.8033. This indicates as returns on the market go up, Key Tronic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Key Tronic will be expected to be much smaller as well. Additionally, key Tronic has an alpha of 0.0987, implying that it can generate a 0.0987 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Key Tronic to move above the current price in 90 days from now is about 82.95 (This Key Tronic probability density function shows the probability of Key Stock to fall within a particular range of prices over 90 days) .
Key Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Key Tronic that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Key Tronic's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Key Tronic's value.| Instituion | Recorded On | Shares | |
| Renaissance Technologies Corp | 2023-12-31 | 37.3 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 33.1 K | |
| Royal Bank Of Canada | 2023-12-31 | 30.9 K | |
| Citadel Advisors Llc | 2023-09-30 | 22.2 K | |
| State Street Corporation | 2023-12-31 | 17.2 K | |
| Susquehanna International Group, Llp | 2023-12-31 | 11.5 K | |
| O'shaughnessy Asset Management Llc | 2023-12-31 | 10.5 K | |
| Bank Of America Corp | 2023-12-31 | 7.4 K | |
| Tower Research Capital Llc | 2023-12-31 | 2.1 K | |
| Morgan Stanley - Brokerage Accounts | 1.9 M | ||
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 778.9 K |
Key Tronic Historical Income Statement
Key Tronic Income Statement is one of the three primary financial statements used for reporting Key's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Key Tronic revenue and expense. Key Tronic Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Key Tronic's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 690.5 M, whereas Depreciation And Amortization is forecasted to decline to about 4.7 M. View More FundamentalsKey Stock Against Markets
Picking the right benchmark for Key Tronic stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Key Tronic stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Key Tronic is critical whether you are bullish or bearish towards Key Tronic at a given time. Please also check how Key Tronic's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Key Tronic without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Positions RatingsDetermine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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Key Tronic Corporate Executives
Elected by the shareholders, the Key Tronic's board of directors comprises two types of representatives: Key Tronic inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Key. The board's role is to monitor Key Tronic's management team and ensure that shareholders' interests are well served. Key Tronic's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Key Tronic's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Brett Larsen | CFO, Executive VP of Admin. and Treasurer | Profile |
How to buy Key Stock?
Before investing in Key Tronic, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Key Tronic. To buy Key Tronic stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Key Tronic. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Key Tronic stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Key Tronic stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Key Tronic stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Key Tronic, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Key Stock please use our How to Invest in Key Tronic guide.
Already Invested in Key Tronic?
The danger of trading Key Tronic is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Key Tronic is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Key Tronic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Key Tronic is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Key Tronic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Key Tronic's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Key Tronic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Key Tronic Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Key Tronic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Key Stock refer to our How to Trade Key Stock guide.Note that the Key Tronic information on this page should be used as a complementary analysis to other Key Tronic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Key Stock analysis
When running Key Tronic's price analysis, check to measure Key Tronic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Key Tronic is operating at the current time. Most of Key Tronic's value examination focuses on studying past and present price action to predict the probability of Key Tronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Key Tronic's price. Additionally, you may evaluate how the addition of Key Tronic to your portfolios can decrease your overall portfolio volatility.
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Is Key Tronic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Key Tronic. If investors know Key will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Key Tronic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.88) | Earnings Share 0.4 | Revenue Per Share 57.642 | Quarterly Revenue Growth 0.143 | Return On Assets 0.0239 |
The market value of Key Tronic is measured differently than its book value, which is the value of Key that is recorded on the company's balance sheet. Investors also form their own opinion of Key Tronic's value that differs from its market value or its book value, called intrinsic value, which is Key Tronic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Key Tronic's market value can be influenced by many factors that don't directly affect Key Tronic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Key Tronic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Key Tronic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Key Tronic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.