Kyocera (OTCMKTS:KYOCY) Reaches New 12-Month High – Here’s Why

Kyocera Corporation (OTCMKTS:KYOCY)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $24.98 and last traded at $24.59, with a volume of 81529 shares. The stock had previously closed at $24.59.

Analyst Upgrades and Downgrades

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

Kyocera Stock Performance

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 capitalization of $33.18 billion, a P/E ratio of 36.70 and a beta of 0.56. The firm’s fifty day simple moving average is $18.12 and its 200 day simple moving average is $16.19.

Kyocera (OTCMKTS:KYOCY) last released its earnings results on Thursday, April 30th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.11 by $0.09. Kyocera had a net margin of 6.78% and a return on equity of 4.17%. The firm had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.21 billion. 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.