BK Technologies (NYSEAMERICAN:BKTI – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 2.800- for the period, compared to the consensus earnings per share estimate of 1.920. The company issued revenue guidance of -.
BK Technologies Trading Up 9.3 %
BK Technologies stock opened at $32.00 on Friday. The stock has a market capitalization of $113.92 million, a PE ratio of 23.36 and a beta of 1.22. BK Technologies has a 12 month low of $11.67 and a 12 month high of $38.70.
Wall Street Analyst Weigh In
Separately, Lake Street Capital began coverage on shares of BK Technologies in a research note on Friday, February 14th. They issued a “buy” rating and a $40.00 target price on the stock.
Institutional Trading of BK Technologies
A hedge fund recently raised its stake in BK Technologies stock. Bank of America Corp DE raised its holdings in shares of BK Technologies Co. (NYSEAMERICAN:BKTI – Free Report) by 3,882.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 916 shares of the company’s stock after purchasing an additional 893 shares during the quarter. Bank of America Corp DE’s holdings in BK Technologies were worth $31,000 at the end of the most recent quarter. 55.05% of the stock is currently owned by institutional investors.
BK Technologies Company Profile
BK Technologies Corporation, through its subsidiary, BK Technologies, Inc, engages in design, manufacture, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR) that are hand-held (portable) or installed in vehicles (mobile).
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