Kyocera Corp (KYO) Given $61.80 Average Target Price by Brokerages

Kyocera Corp (NYSE:KYO) has been assigned a consensus broker rating score of 2.50 (Hold) from the two analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a sell rating and one has given a strong buy rating to the company. Kyocera’s rating score has improved by 37.5% in the last three months as a result of a number of analysts’ upgrades and downgrades.

Brokers have set a 1 year consensus price objective of $61.80 for the company, according to Zacks. Zacks has also assigned Kyocera an industry rank of 164 out of 265 based on the ratings given to related companies.

Several research analysts recently issued reports on the stock. Macquarie upgraded shares of Kyocera from a “neutral” rating to an “outperform” rating in a research report on Thursday, February 1st. ValuEngine downgraded shares of Kyocera from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, Zacks Investment Research raised shares of Kyocera from a “hold” rating to a “buy” rating and set a $73.00 price target for the company in a research note on Wednesday, January 3rd.

Kyocera (NYSE KYO) opened at $58.61 on Tuesday. Kyocera has a 1 year low of $53.48 and a 1 year high of $71.92. The stock has a market cap of $23,099.79, a price-to-earnings ratio of 19.54, a P/E/G ratio of 5.50 and a beta of 0.65. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.69 and a quick ratio of 2.69.

Kyocera (NYSE:KYO) last announced its earnings results on Thursday, February 1st. The electronics maker reported $0.70 earnings per share (EPS) for the quarter. Kyocera had a net margin of 7.94% and a return on equity of 4.94%. The company had revenue of $3.60 billion during the quarter. analysts predict that Kyocera will post 2.64 EPS for the current fiscal year.

A number of institutional investors have recently bought and sold shares of the business. Parametric Portfolio Associates LLC lifted its stake in Kyocera by 13.4% in the third quarter. Parametric Portfolio Associates LLC now owns 352,412 shares of the electronics maker’s stock worth $21,909,000 after purchasing an additional 41,610 shares during the last quarter. Aperio Group LLC lifted its stake in Kyocera by 10.2% in the fourth quarter. Aperio Group LLC now owns 211,704 shares of the electronics maker’s stock worth $13,869,000 after purchasing an additional 19,597 shares during the last quarter. Fisher Asset Management LLC bought a new stake in Kyocera in the fourth quarter worth $5,695,000. Goldman Sachs Group Inc. lifted its stake in Kyocera by 9.6% in the second quarter. Goldman Sachs Group Inc. now owns 74,527 shares of the electronics maker’s stock worth $4,343,000 after purchasing an additional 6,558 shares during the last quarter. Finally, Crossmark Global Holdings Inc. bought a new stake in Kyocera in the third quarter worth $2,910,000. 0.58% of the stock is owned by institutional investors and hedge funds.

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Kyocera Company Profile

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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