Kyocera Corp (KYO) Given $61.80 Consensus Target Price by Analysts

Kyocera Corp (NYSE:KYO) has earned an average broker rating score of 4.00 (Sell) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a sell recommendation.

Brokerages have set a twelve-month consensus target price of $61.80 for the company, according to Zacks. Zacks has also assigned Kyocera an industry rank of 194 out of 265 based on the ratings given to its competitors.

KYO has been the topic of a number of analyst reports. Zacks Investment Research upgraded Kyocera from a “hold” rating to a “buy” rating and set a $73.00 price objective on the stock in a research note on Wednesday, January 3rd. ValuEngine lowered Kyocera from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.

Several large investors have recently added to or reduced their stakes in KYO. Bank of New York Mellon Corp raised its stake in shares of Kyocera by 4.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 18,906 shares of the electronics maker’s stock valued at $1,102,000 after purchasing an additional 765 shares during the period. Wells Fargo & Company MN raised its stake in shares of Kyocera by 2,254.3% during the 2nd quarter. Wells Fargo & Company MN now owns 23,684 shares of the electronics maker’s stock valued at $1,381,000 after purchasing an additional 22,678 shares during the period. PNC Financial Services Group Inc. grew its position in Kyocera by 29.7% during the second quarter. PNC Financial Services Group Inc. now owns 2,613 shares of the electronics maker’s stock worth $152,000 after buying an additional 598 shares in the last quarter. Parametric Portfolio Associates LLC grew its position in Kyocera by 12.1% during the second quarter. Parametric Portfolio Associates LLC now owns 313,139 shares of the electronics maker’s stock worth $18,247,000 after buying an additional 33,694 shares in the last quarter. Finally, Renaissance Technologies LLC grew its position in Kyocera by 2.6% during the second quarter. Renaissance Technologies LLC now owns 549,600 shares of the electronics maker’s stock worth $32,025,000 after buying an additional 13,910 shares in the last quarter. Institutional investors own 0.55% of the company’s stock.

Shares of Kyocera (NYSE:KYO) traded up $0.99 on Thursday, hitting $69.72. The company’s stock had a trading volume of 4,800 shares, compared to its average volume of 9,855. The company has a market capitalization of $25,272.98, a price-to-earnings ratio of 21.86, a PEG ratio of 5.19 and a beta of 0.60. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.93 and a current ratio of 3.88. Kyocera has a 52-week low of $49.74 and a 52-week high of $71.92.

Kyocera (NYSE:KYO) last issued its earnings results on Monday, October 30th. The electronics maker reported $0.65 earnings per share (EPS) for the quarter. Kyocera had a return on equity of 5.24% and a net margin of 8.57%. equities analysts forecast that Kyocera will post 3.06 EPS for the current year.

COPYRIGHT VIOLATION WARNING: This report was first reported by Ticker Report and is owned by of Ticker Report. If you are viewing this report on another domain, it was copied illegally and reposted in violation of United States & international trademark and copyright laws. The legal version of this report can be accessed at https://www.tickerreport.com/banking-finance/3144592/kyocera-corp-kyo-given-61-80-consensus-target-price-by-analysts.html.

Kyocera Company Profile

Kyocera Corporation is engaged in various fields, from fine ceramic components to electronic devices, equipment, services and networks. The Company operates through seven segments: Fine Ceramic Parts Group, Semiconductor Parts Group, Applied Ceramic Products Group, Electronic Device Group, Telecommunications Equipment Group, Information Equipment Group and Others.

Get a free copy of the Zacks research report on Kyocera (KYO)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Kyocera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kyocera and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2018 Ticker Report. Google+.