Kyocera (OTCMKTS:KYOCY) Raised to Hold at Wall Street Zen

Kyocera (OTCMKTS:KYOCY) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Thursday.

Kyocera Stock Down 2.1%

OTCMKTS KYOCY opened at $12.02 on Thursday. The stock has a 50 day moving average price of $11.73 and a 200-day moving average price of $10.90. Kyocera has a one year low of $9.21 and a one year high of $13.18. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.97 and a current ratio of 3.20. The company has a market capitalization of $16.93 billion, a P/E ratio of 85.86, a P/E/G ratio of 3.05 and a beta of 0.32.

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