Wall Street Zen Upgrades Kyocera (OTCMKTS:KYOCY) to Hold

Wall Street Zen upgraded shares of Kyocera (OTCMKTS:KYOCY) from a sell rating to a hold rating in a research note published on Thursday morning.

Kyocera Stock Performance

KYOCY opened at $12.02 on Thursday. The company has a current ratio of 3.20, a quick ratio of 1.97 and a debt-to-equity ratio of 0.06. The company’s fifty day moving average price is $11.73 and its two-hundred day moving average price is $10.91. Kyocera has a 1-year low of $9.21 and a 1-year high of $13.18. The company has a market cap of $16.93 billion, a price-to-earnings ratio of 85.86, a PEG ratio of 3.05 and a beta of 0.32.

Kyocera (OTCMKTS:KYOCY) last released its quarterly earnings data on Wednesday, May 14th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.02). Kyocera had a return on equity of 0.82% and a net margin of 1.34%. The business had revenue of $3.57 billion for the quarter, compared to analyst estimates of $515.77 billion. On average, analysts expect that Kyocera will post 0.32 EPS for the current fiscal year.

About Kyocera

Kyocera Corporation develops, produces, and distributes products based on fine ceramic technologies in Japan, rest of Asia, Europe, the United States, and internationally. It operates through Core Components Business, Electronic Components Business, and Solutions Business segments. The Core Components Business segment offers components, such as fine ceramic components for semiconductor processing equipment, automotive camera modules, and ceramic packages, as well as organic packages and boards to protect electronic components and ICs to industrial machinery, automotive-related, and the information and communication-related markets; optical components, and jewelry and applied ceramic related products; and medical devices comprising prosthetic joints and dental implants.