Shares of Kyocera Corporation (NYSE:KYO) have been assigned a consensus broker rating score of 4.00 (Sell) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a sell rating.

Brokers have set a 12-month consensus price target of $59.00 for the company, according to Zacks. Zacks has also given Kyocera Corporation an industry rank of 49 out of 265 based on the ratings given to related companies.

Several research analysts have recently issued reports on KYO shares. Zacks Investment Research cut Kyocera Corporation from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 9th. BidaskClub cut Kyocera Corporation from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th.

Shares of Kyocera Corporation (KYO) traded down 0.33% during midday trading on Tuesday, hitting $65.91. 2,010 shares of the company were exchanged. The firm has a market capitalization of $24.24 billion, a price-to-earnings ratio of 21.62 and a beta of 0.54. Kyocera Corporation has a one year low of $47.08 and a one year high of $66.29. The firm’s 50 day moving average price is $63.12 and its 200 day moving average price is $59.59.

Kyocera Corporation (NYSE:KYO) last announced its quarterly earnings data on Friday, July 28th. The electronics maker reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.25. Kyocera Corporation had a return on equity of 4.96% and a net margin of 8.34%. The firm had revenue of $3.11 billion during the quarter. Analysts forecast that Kyocera Corporation will post $2.18 EPS for the current fiscal year.

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Large investors have recently made changes to their positions in the company. Parallel Advisors LLC raised its stake in shares of Kyocera Corporation by 5.4% in the second quarter. Parallel Advisors LLC now owns 1,637 shares of the electronics maker’s stock worth $100,000 after purchasing an additional 84 shares during the last quarter. Knowledge Leaders Capital LLC raised its stake in shares of Kyocera Corporation by 120.6% in the third quarter. Knowledge Leaders Capital LLC now owns 1,608 shares of the electronics maker’s stock worth $100,000 after purchasing an additional 879 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Kyocera Corporation by 65.2% in the first quarter. PNC Financial Services Group Inc. now owns 2,015 shares of the electronics maker’s stock worth $113,000 after purchasing an additional 795 shares during the last quarter. Bessemer Group Inc. raised its stake in shares of Kyocera Corporation by 142.8% in the second quarter. Bessemer Group Inc. now owns 3,261 shares of the electronics maker’s stock worth $190,000 after purchasing an additional 1,918 shares during the last quarter. Finally, HPM Partners LLC raised its stake in shares of Kyocera Corporation by 159.7% in the second quarter. HPM Partners LLC now owns 12,465 shares of the electronics maker’s stock worth $207,000 after purchasing an additional 7,666 shares during the last quarter. Hedge funds and other institutional investors own 0.54% of the company’s stock.

About Kyocera Corporation

Kyocera Corporation is engaged in various fields, from fine ceramic components to electronic devices, equipment, services and networks. The Company operates through seven segments: Fine Ceramic Parts Group, Semiconductor Parts Group, Applied Ceramic Products Group, Electronic Device Group, Telecommunications Equipment Group, Information Equipment Group and Others.

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