Kyocera (OTCMKTS:KYOCY) Sets New 52-Week High – Time to Buy?

by · The Cerbat Gem

Kyocera Corporation (OTCMKTS:KYOCY – Get Free Report)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $19.9445 and last traded at $19.75, with a volume of 77902 shares trading hands. The stock had previously closed at $18.71.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded Kyocera from a “buy” rating to a “hold” rating in a research note on Monday, February 16th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

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Kyocera Price Performance

The firm has a market cap of $26.56 billion, a P/E ratio of 29.37 and a beta of 0.51. The company has a current ratio of 3.08, a quick ratio of 1.91 and a debt-to-equity ratio of 0.06. The firm’s 50 day moving average is $16.99 and its two-hundred day moving average is $15.71.

Kyocera (OTCMKTS:KYOCY – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.09. The firm had revenue of $3.42 billion for the quarter, compared to analysts’ expectations of $3.21 billion. Kyocera had a return on equity of 4.17% and a net margin of 6.78%.Kyocera has set its FY 2027 guidance at 0.660-0.660 EPS. As a group, research analysts anticipate that Kyocera Corporation will post 0.66 EPS for the current fiscal year.

About Kyocera

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Kyocera Corporation (OTCMKTS: KYOCY) is a Japanese multinational manufacturer known for its development and production of advanced ceramics and diversified electronic components. Founded in 1959 by Kazuo Inamori as Kyoto Ceramic Co, Ltd., the company has grown into a broad industrial group with roots in fine ceramic materials and a long-standing emphasis on materials science and precision manufacturing. Kyocera is headquartered in Kyoto, Japan, and operates through a network of subsidiaries and business units serving global markets.

The company’s principal activities include the manufacture of fine ceramics, industrial and engineering ceramics, and a wide array of electronic components such as capacitors, connectors, and semiconductor packaging.

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