BK Technologies (NYSEAMERICAN:BKTI) Updates FY 2025 Earnings Guidance

BK Technologies (NYSEAMERICAN:BKTI) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 2.800- for the period, compared to the consensus EPS estimate of 1.920. The company issued revenue guidance of -.

BK Technologies Price Performance

BKTI stock opened at $36.00 on Friday. The company has a market capitalization of $128.16 million, a price-to-earnings ratio of 26.28 and a beta of 1.22. BK Technologies has a one year low of $11.67 and a one year high of $38.70.

Analyst Ratings Changes

Separately, Lake Street Capital assumed coverage on BK Technologies in a research note on Friday, February 14th. They set a “buy” rating and a $40.00 price target for the company.

Institutional Investors Weigh In On BK Technologies

An institutional investor recently raised its position in BK Technologies stock. Bank of America Corp DE boosted its stake in BK Technologies Co. (NYSEAMERICAN:BKTI) by 3,882.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 916 shares of the company’s stock after acquiring an additional 893 shares during the period. Bank of America Corp DE’s holdings in BK Technologies were worth $31,000 at the end of the most recent reporting period. 55.05% of the stock is currently owned by institutional investors and hedge funds.

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).