BK Technologies (BKTI) to Release Quarterly Earnings on Wednesday

BK Technologies (NYSEAMERICAN:BKTI) is expected to release its Q1 2025 earnings data before the market opens on Wednesday, May 7th. Analysts expect BK Technologies to post earnings of $0.44 per share and revenue of $17.00 million for the quarter.

BK Technologies Price Performance

NYSEAMERICAN BKTI opened at $45.67 on Tuesday. The firm has a market capitalization of $162.59 million, a PE ratio of 33.34 and a beta of 1.22. BK Technologies has a 12-month low of $11.67 and a 12-month high of $48.43. The company has a 50 day simple moving average of $38.04.

Hedge Funds Weigh In On BK Technologies

An institutional investor recently raised its position in BK Technologies stock. Bank of America Corp DE increased its holdings in shares of BK Technologies Co. (NYSEAMERICAN:BKTI) by 3,882.6% in the 4th quarter, according to its most recent filing with the SEC. The fund 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 at the end of the most recent reporting period. 55.05% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Lake Street Capital increased their target price on shares of BK Technologies from $40.00 to $51.00 and gave the stock a “buy” rating in a research report on Monday, April 21st.

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).