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

BK Technologies (NYSEAMERICAN:BKTI) updated its FY 2025 earnings guidance on Thursday. 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 opened at $36.00 on Friday. BK Technologies has a twelve month low of $11.67 and a twelve month high of $38.70. The company has a market cap of $128.16 million, a PE ratio of 26.28 and a beta of 1.22.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On BK Technologies

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

About BK Technologies

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).