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

BK Technologies (NYSEAMERICAN:BKTI) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of 2.800- for the period, compared to the consensus earnings per share estimate of 2.800. The company issued revenue guidance of -.

BK Technologies Stock Up 0.3%

Shares of NYSEAMERICAN BKTI opened at $46.25 on Friday. BK Technologies has a 12-month low of $11.67 and a 12-month high of $48.43. The stock has a market capitalization of $164.65 million, a P/E ratio of 33.76 and a beta of 1.22. The firm has a 50-day simple moving average of $39.56.

Wall Street Analyst Weigh In

Separately, Lake Street Capital increased their price objective on shares of BK Technologies from $51.00 to $55.00 and gave the stock a “buy” rating in a report on Wednesday.

Institutional Trading of BK Technologies

A hedge fund recently raised its stake in BK Technologies stock. Bank of America Corp DE increased its stake in shares of BK Technologies Co. (NYSEAMERICAN:BKTI) by 3,882.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 916 shares of the company’s stock after acquiring 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 reporting period. 55.05% of the stock is owned by institutional investors.

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).