Kyocera (OTCMKTS:KYOCY) Trading Up 5.7% – Time to Buy?

Kyocera Corporation (OTCMKTS:KYOCY)’s share price traded up 5.7% during trading on Wednesday . The stock traded as high as $24.55 and last traded at $24.46. 22,946 shares changed hands during trading, a decline of 63% from the average session volume of 61,653 shares. The stock had previously closed at $23.15.

Analysts Set New Price Targets

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 MarketBeat, the company has a consensus rating of “Hold”.

Kyocera Stock Performance

The business has a 50-day moving average of $17.40 and a two-hundred day moving average of $15.90. The company has a market cap of $32.56 billion, a P/E ratio of 36.01 and a beta of 0.56. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.08 and a quick ratio of 1.91.

Kyocera (OTCMKTS:KYOCY) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.09. Kyocera had a return on equity of 4.17% and a net margin of 6.78%.The company had revenue of $3.42 billion for the quarter, compared to the consensus estimate of $3.21 billion. Kyocera has set its FY 2027 guidance at 0.660-0.660 EPS. On average, sell-side analysts predict that Kyocera Corporation will post 0.66 EPS 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.