Kyocera (OTCMKTS:KYOCY) Sets New 52-Week High – What’s Next?

Kyocera Corporation (OTCMKTS:KYOCY)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $19.32 and last traded at $19.32, with a volume of 43942 shares changing hands. The stock had previously closed at $18.38.

Wall Street Analyst Weigh In

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

Kyocera Price Performance

The firm has a market capitalization of $24.91 billion, a price-to-earnings ratio of 27.55 and a beta of 0.51. The stock’s 50-day moving average price is $16.56 and its 200 day moving average price is $15.39. The company has a quick ratio of 1.91, a current ratio of 3.08 and a debt-to-equity ratio of 0.06.

Kyocera (OTCMKTS:KYOCY) last posted its earnings results on Thursday, April 30th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $3.21 billion. Kyocera has set its FY 2027 guidance at 0.660-0.660 EPS. Equities research analysts expect that Kyocera Corporation will post 0.66 earnings per share for the current fiscal year.

About Kyocera

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.