Kyocera (OTCMKTS:KYOCY) Stock Rating Upgraded by Zacks Research

Zacks Research upgraded shares of Kyocera (OTCMKTS:KYOCY) from a hold rating to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.

Separately, Wall Street Zen upgraded Kyocera from a “sell” rating to a “hold” rating in a research note on Thursday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Strong Buy”.

Kyocera Trading Up 2.5%

Shares of OTCMKTS KYOCY opened at $13.36 on Monday. The business has a fifty day simple moving average of $11.81 and a 200-day simple moving average of $11.71. The company has a market cap of $18.82 billion, a price-to-earnings ratio of 102.77 and a beta of 0.32. Kyocera has a 12 month low of $9.21 and a 12 month high of $13.3799. The company has a quick ratio of 1.86, a current ratio of 2.92 and a debt-to-equity ratio of 0.06.

Kyocera (OTCMKTS:KYOCY) last released its earnings results on Wednesday, July 30th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. The company had revenue of $3.21 billion during the quarter, compared to the consensus estimate of $3.30 billion. Kyocera had a net margin of 1.30% and a return on equity of 0.80%. Sell-side analysts predict that Kyocera will post 0.32 EPS for the current year.

Kyocera Company Profile

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.