Kyocera (OTCMKTS:KYOCY) Shares Gap Down - Should You Sell?

Key Points

• Gap down: Kyocera shares opened at $17.50 after a prior close of $18.80 and were last quoted at $17.55 on light volume (7,384 shares), trading above its 50- and 200-day moving averages.
• Analyst downgrade: Wall Street Zen cut the stock from a "buy" to a "hold," and the consensus rating on MarketBeat is currently "Hold."
• Fundamentals and earnings beat: Kyocera reported Q results of $0.20 EPS (vs. $0.11 est.) and $3.42B revenue (vs. $3.21B est.), has a $24.03B market cap, low debt-to-equity (0.06) and healthy liquidity, and set FY2027 guidance around $0.66 EPS while analysts forecast about $0.57 for the year.

Kyocera Corporation (OTCMKTS:KYOCY - Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $18.80, but opened at $17.50. Kyocera shares last traded at $17.55, with a volume of 7,384 shares trading hands.

Analysts Set New Price Targets

Separately, Wall Street Zen cut shares of Kyocera from a "buy" rating to a "hold" rating in a research note on Monday, February 16th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Kyocera currently has an average rating of "Hold".

Kyocera Stock Performance

The company has a market cap of $24.03 billion, a PE ratio of 26.58 and a beta of 0.51. The firm's fifty day moving average is $16.41 and its 200 day moving average is $15.11. The company has a current ratio of 3.08, a quick ratio of 1.91 and a debt-to-equity ratio of 0.06.

Kyocera (OTCMKTS:KYOCY - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.11 by $0.09. The company had revenue of $3.42 billion during the quarter, compared to analyst estimates of $3.21 billion. Kyocera had a net margin of 6.78% and a return on equity of 4.17%. Kyocera has set its FY 2027 guidance at 0.660-0.660 EPS. As a group, research analysts predict that Kyocera Corporation will post 0.57 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.

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