Media stories about Kemet (NYSE:KEM) have trended somewhat positive on Wednesday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Kemet earned a news sentiment score of 0.05 on Accern’s scale. Accern also assigned press coverage about the electronics maker an impact score of 45.8257475331839 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern’s analysis:
- ETFs with exposure to KEMET Corp. : December 12, 2017 (finance.yahoo.com)
- KEMET Corporation (KEM) Swings on Assorted Ratio Analysis – NetApp, Inc. (NTAP) – Investing News Update (investingbizz.com)
- KEMET Corporation (KEM) – Market Traders Recap – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Eye-Catching Shares – KEMET Corporation, (NYSE: KEM) – Stock Watch (stocksnewstimes.com)
- Kemet Shows Market Leadership With Jump To 85 RS Rating (finance.yahoo.com)
Shares of Kemet (NYSE:KEM) opened at $14.61 on Wednesday. The firm has a market capitalization of $815.28, a price-to-earnings ratio of 14.91 and a beta of 3.44. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.73 and a current ratio of 2.51. Kemet has a one year low of $5.78 and a one year high of $27.35.
Kemet (NYSE:KEM) last released its quarterly earnings data on Thursday, November 2nd. The electronics maker reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.02. The business had revenue of $301.47 million during the quarter, compared to analyst estimates of $298.51 million. Kemet had a return on equity of 21.07% and a net margin of 31.16%. The company’s revenue was up 60.9% compared to the same quarter last year. During the same period last year, the company posted $0.13 EPS. research analysts anticipate that Kemet will post 1.44 earnings per share for the current year.
Several analysts recently commented on KEM shares. B. Riley restated a “buy” rating and issued a $27.50 target price on shares of Kemet in a research report on Tuesday, October 31st. TheStreet cut Kemet from a “b” rating to a “c” rating in a research report on Thursday, November 2nd. ValuEngine cut Kemet from a “buy” rating to a “hold” rating in a research report on Thursday, October 5th. Zacks Investment Research cut Kemet from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. Finally, BidaskClub cut Kemet from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 22nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $22.50.
In other news, CFO William M. Lowe, Jr. sold 21,903 shares of the firm’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $16.08, for a total value of $352,200.24. Following the completion of the sale, the chief financial officer now owns 523,038 shares of the company’s stock, valued at $8,410,451.04. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 3.88% of the company’s stock.
Kemet Company Profile
KEMET Corporation (KEMET) is a manufacturer of passive electronic components. The Company operates in two segments: Solid Capacitors, and Film and Electrolytic. The Solid Capacitors segment primarily produces tantalum, aluminum, polymer and ceramic capacitors. Solid Capacitors also produces tantalum powder used in the production of tantalum capacitors.
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