Kyocera (OTCMKTS:KYOCY) Downgraded by ValuEngine to Hold

Kyocera (OTCMKTS:KYOCY) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Monday, February 4th.

Separately, Zacks Investment Research cut shares of Kyocera from a “hold” rating to a “sell” rating in a research note on Tuesday, November 27th.

Shares of KYOCY traded up $0.66 during mid-day trading on Monday, hitting $55.83. 2,102 shares of the company traded hands, compared to its average volume of 4,666. Kyocera has a one year low of $47.32 and a one year high of $63.99. The stock has a market capitalization of $20.37 billion, a P/E ratio of 27.78 and a beta of 0.94.

Kyocera (OTCMKTS:KYOCY) last announced its quarterly earnings data on Friday, February 1st. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.54). Kyocera had a net margin of 3.96% and a return on equity of 2.59%. The business had revenue of $3.67 billion during the quarter. As a group, sell-side analysts anticipate that Kyocera will post 2.73 EPS for the current fiscal year.

Kyocera Company Profile

Kyocera Corporation develops, produces, and distributes ceramic and electronic components, and telecommunications and information equipment worldwide. Its Industrial & Automotive Components Group segment offers fine ceramic components, automotive components, liquid crystal displays, and industrial tools to industrial machinery, automotive, general industrial, and construction markets.

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