Kemet Corporation Company Profile (NYSE:KEM)

About Kemet Corporation

Kemet Corporation logoKEMET Corporation (KEMET) is a manufacturer of passive electronic components. The Company operates in two segments: Solid Capacitors, and Film and Electrolytic. The Solid Capacitors segment primarily produces tantalum, aluminum, polymer and ceramic capacitors. Solid Capacitors also produces tantalum powder used in the production of tantalum capacitors. The Film and Electrolytic Business Group produces film, paper and wet aluminum electrolytic capacitors. It also designs and produces EMI Filters. The Company's product offerings include surface mount, which are attached directly to the circuit board; leaded capacitors, which are attached to the circuit board using lead wires, and chassis-mount and other pin-through-hole board-mount capacitors, which utilize attachment methods, such as screw terminal and snap-in. The Company sells its products to a range of original equipment manufacturers (OEMs) and electronics manufacturing services (EMS) providers.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Diversified Electronics
  • Sub-Industry: Electronic Manufacturing Services
  • Exchange: NYSE
  • Symbol: KEM
  • CUSIP: 48836020
Key Metrics:
  • Previous Close: $11.00
  • 50 Day Moving Average: $7.42
  • 200 Day Moving Average: $5.07
  • 52-Week Range: $1.71 - $11.83
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 25.58
  • P/E Growth: 2.17
  • Market Cap: $510.85M
  • Outstanding Shares: 46,441,000
  • Beta: 3.29
Profitability:
  • Net Margins: -2.70%
  • Return on Equity: 15.21%
  • Return on Assets: 2.10%
Debt:
  • Debt-to-Equity Ratio: 4.27%
  • Current Ratio: 3.17%
  • Quick Ratio: 1.77%
Additional Links:
Companies Related to Kemet Corporation:

Analyst Ratings

Consensus Ratings for Kemet Corporation (NYSE:KEM) (?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $11.75 (6.82% upside)

Analysts' Ratings History for Kemet Corporation (NYSE:KEM)
Show:
DateFirmActionRatingPrice TargetDetails
2/24/2017Stifel NicolausBoost Price Target$10.00View Rating Details
2/24/2017B. RileyReiterated RatingBuy$13.50View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Kemet Corporation (NYSE:KEM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
2/2/2017Q317$0.09$0.11$183.85 million$188.00 millionViewListenView Earnings Details
11/1/2016Q217$0.06$0.13$187.99 million$187.30 millionViewListenView Earnings Details
7/28/2016Q117$0.05$0.06$183.13 million$184.90 millionViewListenView Earnings Details
5/3/2016Q416$0.07$0.04$180.81 million$183.90 millionViewListenView Earnings Details
1/28/2016Q316$0.09$0.04$183.85 million$177.20 millionViewListenView Earnings Details
10/29/2015Q2$0.02$0.09$186.81 million$186.12 millionViewListenView Earnings Details
7/28/2015Q116($0.02)$0.01$194.26 million$187.60 millionViewListenView Earnings Details
5/5/2015Q415$0.09($0.04)$204.49 million$193.70 millionViewN/AView Earnings Details
1/29/2015Q315$0.09$0.13$208.12 million$201.30 millionViewN/AView Earnings Details
10/30/2014Q215$0.03$0.07$208.88 million$215.30 millionViewN/AView Earnings Details
7/24/2014Q414$0.02($0.04)$215.60 million$212.90 millionViewN/AView Earnings Details
5/8/2014Q4$0.02$0.01$207.07 million$215.82 millionViewListenView Earnings Details
1/30/2014Q314($0.06)$0.02$213.60 million$207.30 millionViewListenView Earnings Details
10/31/2013Q214($0.27)($0.13)$206.10 million$212.70 millionViewListenView Earnings Details
7/25/2013Q1 2014($0.22)($0.38)$205.35 million$202.72 millionViewListenView Earnings Details
5/9/2013Q4 2013($0.08)($0.22)$201.57 million$203.50 millionViewListenView Earnings Details
1/31/2013Q3 2013($0.19)($0.05)$200.63 million$200.30 millionViewListenView Earnings Details
11/1/2012Q213($0.09)($0.14)$223.88 million$216.00 millionViewN/AView Earnings Details
7/26/2012($0.08)($0.20)ViewN/AView Earnings Details
5/10/2012($0.05)($0.16)ViewN/AView Earnings Details
2/2/2012$0.06$0.04ViewN/AView Earnings Details
10/27/2011$0.46$0.43ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Kemet Corporation (NYSE:KEM)
Current Year EPS Consensus Estimate: $0.40 EPS
Next Year EPS Consensus Estimate: $0.43 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.04$0.04$0.04
Q2 20171$0.05$0.05$0.05
Q3 20171$0.07$0.07$0.07
Q4 20171$0.08$0.08$0.08
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Kemet Corporation (NYSE:KEM)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Kemet Corporation (NYSE:KEM)
Insider Ownership Percentage: 3.84%
Institutional Ownership Percentage: 52.04%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/1/2016William M Lowe JrCFOBuy10,000$1.51$15,100.00View SEC Filing  
8/24/2015Joseph Vincent BorrusoDirectorBuy5,000$1.63$8,150.00View SEC Filing  
7/31/2015Susan Berish BarkalVPBuy1,000$2.35$2,350.00View SEC Filing  
7/31/2015Wilfried BackesDirectorBuy10,000$2.33$23,300.00View SEC Filing  
6/8/2015Joseph Vincent BorrusoDirectorBuy1,000$3.13$3,130.00View SEC Filing  
2/2/2015Joseph Vincent BorrusoDirectorBuy1,000$3.78$3,780.00View SEC Filing  
6/7/2013Joseph Vincent BorrusoDirectorBuy1,000$4.39$4,390.00View SEC Filing  
5/24/2013Robert G PaulDirectorBuy7,500$4.45$33,375.00View SEC Filing  
11/29/2012Wilfried BackesDirectorBuy5,000$4.18$20,900.00View SEC Filing  
11/12/2012Joseph Vincent BorrusoDirectorBuy1,000$4.40$4,400.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Kemet Corporation (NYSE:KEM)
DateHeadline
benzinga.com logoMid-Day Market Update: AXT Rises After Strong Q4 Results; Cyclacel Pharma Shares Tumble (NYSE:KEM)
www.benzinga.com - February 24 at 7:23 PM
News IconKEMET completes acquisition of Japanese electronics manufacturer NEC Tokin (NYSE:KEM)
upstatebusinessjournal.com - February 24 at 7:23 PM
News IconKemet Corp. to purchase Japanese electronics producer (NYSE:KEM)
www.gsabusiness.com - February 24 at 9:59 AM
finance.yahoo.com logoKEMET (KEM) Catches Eye: Stock Rallies 22.9% in Session (NYSE:KEM)
finance.yahoo.com - February 24 at 9:58 AM
4-traders.com logoOver 1500 Financial Institutions Now Utilizing Verafin’s Innovative FRAMLx Solution (NYSE:KEM)
www.4-traders.com - February 23 at 6:09 PM
seekingalpha.com logoKEMET acquire NEC Tokin (NYSE:KEM)
seekingalpha.com - February 23 at 6:09 PM
streetinsider.com logoKemet Corporation (KEM) to Buy NEC TOKIN (NYSE:KEM)
www.streetinsider.com - February 23 at 6:09 PM
News IconKemet Corp: Touches more than 6-year high (NYSE:KEM)
timesofindia.indiatimes.com - February 23 at 6:09 PM
us.rd.yahoo.com logoKEMET Announces Agreement to Acquire NEC TOKIN (NYSE:KEM)
us.rd.yahoo.com - February 23 at 6:09 PM
biz.yahoo.com logoKEMET CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Disclosure (NYSE:KEM)
us.rd.yahoo.com - February 23 at 6:09 PM
fool.com logoWhy KEMET Corporation Shares Surged Today (NYSE:KEM)
www.fool.com - February 23 at 2:30 PM
News IconGlobal Polyacetylene Market 2017- Celanese Corporation, Enthone Electronics Solutions, Premix OY, KEMET ... - First Newshawk (NYSE:KEM)
firstnewshawk.com - February 22 at 6:19 PM
News IconInvestor Monitor: Narrowing in on KEMET Corporation (NYSE:KEM) - Midway Monitor (NYSE:KEM)
midwaymonitor.com - February 22 at 6:19 PM
News IconKEMET Corporation (NYSE:KEM) Touches a New 52-Week High - Aiken Advocate (NYSE:KEM)
aikenadvocate.com - February 22 at 6:19 PM
bizjournals.com logoGlobal Conductive Polymers Technologies and Markets Report 2016 - Forecasts to 2021 - Research and Markets (NYSE:KEM)
www.bizjournals.com - February 22 at 12:25 PM
sbwire.com logoGlobal High Toughness Textured Ceramic Market 2017 :Advanced Cerametrics Inc, Ceradyne Inc, Kemet Corporation, NGK Spark Plug, Friatec AG, (NYSE:KEM)
www.sbwire.com - February 22 at 12:25 PM
streetinsider.com logoForm SC 13G/A KEMET CORP Filed by: BRC Partners Opportunity Fund, LP (NYSE:KEM)
www.streetinsider.com - February 16 at 5:47 PM
News IconCompany in Focus: KEMET Corp. (KEM) - BVN (NYSE:KEM)
bvnewsjournal.com - February 15 at 5:39 AM
News IconEquity in Focus: KEMET Corporation (NYSE:KEM) | Benton Bulletin - Benton Bulletin (NYSE:KEM)
bentonbulletin.com - February 11 at 11:09 PM
realistinvestor.com logoKemet Corporation (NYSE:KEM) Accounts Payable Is $62.347 For The Quarter Ended 2016-12-31 - RealistInvestor.com (NYSE:KEM)
www.realistinvestor.com - February 11 at 11:09 PM
capitalcube.com logoKEMET Corp. :KEM-US: Earnings Analysis: Q3, 2017 By the Numbers : February 9, 2017 (NYSE:KEM)
www.capitalcube.com - February 9 at 7:06 PM
News Icon5 reasons to attend the Responsible Business Summit New York (NYSE:KEM)
ethicalcorp.com - February 8 at 6:55 PM
finance.yahoo.com logoKEMET CORP Financials (NYSE:KEM)
finance.yahoo.com - February 8 at 6:55 PM
News IconGlobal Motor Capacitor Sales Industry Forecast to 2021 with Key Companies Profile, Supply, Demand, Cost Structure, and SWOT Analysis (NYSE:KEM)
empowerednews.net - February 6 at 6:15 PM
News IconKemet Corp. reports slight Q3 growth - GSA Business (NYSE:KEM)
gsabusiness.com - February 5 at 5:51 PM
News IconKemet Corp. reports slight Q3 growth > SC Biz News - GSA Business - GSA Business (NYSE:KEM)
www.gsabusiness.com - February 3 at 11:53 PM
News IconKEMET reports 3Q profit (NYSE:KEM)
upstatebusinessjournal.com - February 3 at 6:50 PM
News IconKemet Corp. reports slight Q3 growth (NYSE:KEM)
scbiznews.com - February 3 at 6:50 PM
4-traders.com logoKEMET CORP : Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) (NYSE:KEM)
www.4-traders.com - February 2 at 6:49 PM
rttnews.com logoKEMET Corp. Q3 Profit Climbs 168% (NYSE:KEM)
www.rttnews.com - February 2 at 6:49 PM
marketexclusive.com logoKEMET Corporation (NYSE:KEM) Files An 8-K Results of Operations and Financial Condition (NYSE:KEM)
marketexclusive.com - February 2 at 6:49 PM
seekingalpha.com logoKemet Corporation 2017 Q3 - Results - Earnings Call Slides (NYSE:KEM)
seekingalpha.com - February 2 at 6:49 PM
biz.yahoo.com logoQ3 2017 KEMET Corp Earnings Release - Before Market Open (NYSE:KEM)
us.rd.yahoo.com - February 2 at 6:49 PM
us.rd.yahoo.com logoKEMET Reports Preliminary Fiscal 2017 Third Quarter Results (NYSE:KEM)
us.rd.yahoo.com - February 2 at 6:49 PM
us.rd.yahoo.com logo8:01 am KEMET beats by $0.03, beats on revs (NYSE:KEM)
us.rd.yahoo.com - February 2 at 6:49 PM
sg.finance.yahoo.com logoKemet beats Street 3Q forecasts (NYSE:KEM)
sg.finance.yahoo.com - February 2 at 6:49 PM
biz.yahoo.com logoKEMET Corp Earnings Call scheduled for 9:00 am ET today (NYSE:KEM)
biz.yahoo.com - February 2 at 6:49 PM
biz.yahoo.com logoKEMET Corp Earnings Call (Q3 2017) (NYSE:KEM)
biz.yahoo.com - February 2 at 4:59 AM
News IconStock Dragging Lower Heading Into The Open: KEMET Corporation ... - Aiken Advocate (NYSE:KEM)
aikenadvocate.com - February 1 at 11:58 PM
finanznachrichten.de logoSpecialty Chemicals Specialist Alan Devaney, Joins TANTALEX as Vice President, Global Metals Markets (NYSE:KEM)
www.finanznachrichten.de - February 1 at 6:57 PM
News IconKemet Corporation (KEM) Forecasted to Post FY2019 Earnings of $0.40 Per Share (NYSE:KEM)
www.topix.com - January 31 at 6:56 PM
News IconLevels in Review for KEMET Corporation (NYSE:KEM) - The Tribune (NYSE:KEM)
lakecitytribune.com - January 30 at 6:50 PM
News IconInvestor Watch: Volatility Review for KEMET Corporation (NYSE:KEM) - Gilbert Daily (NYSE:KEM)
gilbertdaily.com - January 29 at 11:29 PM
News IconStock Tracker: Looking at the Numbers for KEMET Corporation (NYSE:KEM) - The Tribune (NYSE:KEM)
lakecitytribune.com - January 27 at 8:14 PM
News IconKEMET KPS L Series SnPb Termination X7R SMD MLCCs (NYSE:KEM)
www.mouser.com - January 24 at 6:50 PM
News IconMay The "Inner-City and Zongo Minister" Be A Blessing (NYSE:KEM)
www.modernghana.com - January 24 at 4:28 AM
News IconGlobal Ultracapacitor Industry Forecast to 2021 with Key Companies Profile, Supply, Demand, Cost Structure, and SWOT Analysis (NYSE:KEM)
empowerednews.net - January 23 at 6:27 PM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: KEMET Corporation (NYSE:KEM) - Wall Street Beacon (NYSE:KEM)
wsbeacon.com - January 23 at 10:39 AM
4-traders.com logoKEMET : Cairo subway radio offers educational programmes to commuters (NYSE:KEM)
www.4-traders.com - January 22 at 5:56 PM
News IconCairo subway radio offers educational programmes to commuters (NYSE:KEM)
gulfnews.com - January 21 at 5:55 PM

Social

What is Kemet Corporation's stock symbol?

Kemet Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "KEM."

Where is Kemet Corporation's stock going? Where will Kemet Corporation's stock price be in 2017?

1 brokerages have issued twelve-month target prices for Kemet Corporation's shares. Their forecasts range from $10.00 to $13.50. On average, they anticipate Kemet Corporation's stock price to reach $11.75 in the next year.

When will Kemet Corporation announce their earnings?

Kemet Corporation is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

What are analysts saying about Kemet Corporation stock?

Here are some recent quotes from research analysts about Kemet Corporation stock:

  • Stifel Nicolaus analysts commented, "As we contemplated potentially favorable terms of Kemet's acquisition of NEC Tokin, following indications earlier this month that it hoped to close the deal by the June quarter under a different structure than originally designed, we didn't come close to calculating a transaction as favorable as the one announced this morning. Indeed, under terms of the agreement with NEC Corp., Kemet is buying the passive-component portion of NEC Tokin for $197mn, but nearly all of that price is coming out of Tokin through a sale of a division. The net of this is that Kemet will add ~$26mn in EBITDA from Tokin (on a trailing basis) and decrease its net debt from $281mn to $207mn (or even lower if you exclude $86mn in accruals for legal liabilities). In addition, Kemet believes it can take an additional $20mn in costs out of Tokin in the next two years. Thus we see earnings and EBITDA increasing significantly in FY18 and FY19, potentially to $1 in adjusted earnings. So how to value the stock now? To be sure, there are still risks associated with further restructuring in Japan. Still, the company is in a much stronger position today than it has been in years, with a broader product offering and a more solid balance sheet. We move our PT to $10, which is roughly 12x estimated pro forma FY18 EPS of $0.80, and is in line it peers in the passive-component space." (2/24/2017)
  • According to Zacks Investment Research, "KEMET Corporation and its subsidiaries is the world's largest manufacturer of solid tantalum capacitors and and one of the world's largest manufacturer of multilayer ceramic capacitors. According to industry sources, tantalum and ceramic capacitors are the two fastest growing sectors of the United States capacitor industry. Capacitors are electronic components that store, filter and regulate electrical energy and current flow and are one of the essential passive components used on circuit boards. " (1/4/2017)

Who owns Kemet Corporation stock?

Kemet Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Royce & Associates LP (8.01%), Rama S Marda (7.26%), Dimensional Fund Advisors LP (5.24%), Renaissance Technologies LLC (3.65%), Two Sigma Investments LP (1.35%) and Oxford Asset Management (0.35%). Company insiders that own Kemet Corporation stock include Joseph Vincent Borruso, Susan Berish Barkal, Wilfried Backes and William M Lowe Jr.

Who sold Kemet Corporation stock? Who is selling Kemet Corporation stock?

Kemet Corporation's stock was sold by a variety of institutional investors in the last quarter, including State Street Corp.

Who bought Kemet Corporation stock? Who is buying Kemet Corporation stock?

Kemet Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Two Sigma Investments LP, Dimensional Fund Advisors LP, Oxford Asset Management, Royce & Associates LP, Russell Investments Group Ltd., Bogle Investment Management L P DE and Dynamic Technology Lab Private Ltd. Company insiders that have bought Kemet Corporation stock in the last two years include Joseph Vincent Borruso, Susan Berish Barkal, Wilfried Backes and William M Lowe Jr.

How do I buy Kemet Corporation stock?

Shares of Kemet Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Kemet Corporation stock cost?

One share of Kemet Corporation stock can currently be purchased for approximately $11.00.

Kemet Corporation (NYSE:KEM) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Kemet Corporation (NYSE:KEM)

Earnings History Chart

Earnings by Quarter for Kemet Corporation (NYSE:KEM)

Dividend History Chart

Dividend Payments by Quarter for Kemet Corporation (NYSE:KEM)

Last Updated on 2/24/2017 by MarketBeat.com Staff