Kyocera (OTCMKTS:KYOCY) Sets New 12-Month High – Time to Buy?

Kyocera Corporation (OTCMKTS:KYOCY) shares hit a new 52-week high on Thursday . The stock traded as high as $19.32 and last traded at $19.32, with a volume of 43942 shares changing hands. The stock had previously closed at $18.38.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Kyocera from a “buy” rating to a “hold” rating in a report on Monday, February 16th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Kyocera Stock Performance

The business’s fifty day moving average price is $16.50 and its 200-day moving average price is $15.34. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.91 and a current ratio of 3.08. The stock has a market cap of $25.33 billion, a PE ratio of 28.01 and a beta of 0.51.

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

Kyocera Company Profile

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.