KEMET Company Profile (NYSE:KEM)

About KEMET (NYSE:KEM)

KEMET 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
  • Symbol: NYSE:KEM
  • CUSIP: 48836020
  • Web: www.kemet.com
Capitalization:
  • Market Cap: $646.16 million
  • Outstanding Shares: 46,688,000
Average Prices:
  • 50 Day Moving Avg: $12.27
  • 200 Day Moving Avg: $8.98
  • 52 Week Range: $2.55 - $14.65
P/E:
  • Trailing P/E Ratio: 15.91
  • Foreward P/E Ratio: 12.25
  • P/E Growth: 1.19
Sales & Book Value:
  • Annual Revenue: $757.79 million
  • Price / Sales: 0.85
  • Book Value: $3.31 per share
  • Price / Book: 4.18
Profitability:
  • EBIDTA: $90.59 million
  • 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%
Misc:
  • Average Volume: 739,805 shs.
  • Beta: 3.29
  • Short Ratio: 1.48
 

Frequently Asked Questions for KEMET (NYSE:KEM)

What is KEMET's stock symbol?

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

How were KEMET's earnings last quarter?

KEMET Co. (NYSE:KEM) released its quarterly earnings results on Wednesday, May, 10th. The company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.04. The company earned $197.52 million during the quarter, compared to analysts' expectations of $191.73 million. KEMET had a positive return on equity of 15.21% and a negative net margin of 2.70%. The firm's revenue was up 7.4% compared to the same quarter last year. During the same period last year, the business posted $0.04 earnings per share. View KEMET's Earnings History.

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

2 brokers have issued 1-year price targets for KEMET's stock. Their predictions range from $11.00 to $17.00. On average, they expect KEMET's share price to reach $14.00 in the next twelve months. View Analyst Ratings for KEMET.

What are analysts saying about KEMET stock?

Here are some recent quotes from research analysts about KEMET stock:

  • 1. 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. " (5/4/2017)
  • 2. 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)

Are investors shorting KEMET?

KEMET saw a decline in short interest during the month of April. As of April 28th, there was short interest totalling 409,624 shares, a decline of 40.6% from the April 13th total of 689,073 shares. Based on an average daily volume of 380,856 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.0% of the shares of the company are sold short.

Who are some of KEMET's key competitors?

Who owns KEMET stock?

KEMET's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Royce & Associates LP (6.36%), Dimensional Fund Advisors LP (6.09%), Renaissance Technologies LLC (5.11%), Schneider Capital Management Corp (3.63%), Vanguard Group Inc. (3.33%) and Morgan Stanley (1.39%). Company insiders that own KEMET stock include Charles C Meeks Jr, Claudio Lollini, Joseph Vincent Borruso, Per Olof Loof, Ronald James Assaf, Susan Berish Barkal, Wilfried Backes and William M Lowe Jr. View Institutional Ownership Trends for KEMET.

Who sold KEMET stock? Who is selling KEMET stock?

KEMET's stock was sold by a variety of institutional investors in the last quarter, including B. Riley Financial Inc., Bank of America Corp DE, Royce & Associates LP, Suntrust Banks Inc., EAM Investors LLC, Algert Global LLC, Credit Suisse AG and LSV Asset Management. Company insiders that have sold KEMET stock in the last year include Charles C Meeks Jr, Claudio Lollini, Per Olof Loof, Ronald James Assaf, Susan Berish Barkal and William M Lowe Jr. View Insider Buying and Selling for KEMET.

Who bought KEMET stock? Who is buying KEMET stock?

KEMET's stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Hennessy Advisors Inc., Dimensional Fund Advisors LP, Bogle Investment Management L P DE, Morgan Stanley, Mckinley Capital Management LLC Delaware, Brant Point Investment Management LLC and Goldman Sachs Group Inc.. Company insiders that have bought KEMET stock in the last two years include Joseph Vincent Borruso, Susan Berish Barkal, Wilfried Backes and William M Lowe Jr. View Insider Buying and Selling for KEMET.

How do I buy KEMET stock?

Shares of KEMET 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 stock cost?

One share of KEMET stock can currently be purchased for approximately $13.84.

Analyst Ratings

Consensus Ratings for KEMET (NYSE:KEM) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $14.00 (1.16% upside)

Analysts' Ratings History for KEMET (NYSE:KEM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017B. RileyReiterated RatingBuy$17.00MediumView Rating Details
5/2/2017Stifel NicolausBoost Price TargetHold$10.00 -> $11.00LowView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for KEMET (NYSE:KEM)
Earnings by Quarter for KEMET (NYSE:KEM)
Earnings History by Quarter for KEMET (NYSE:KEM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/2017Q4 2017$0.10$0.14$191.73 million$197.52 millionViewN/AView Earnings Details
2/2/2017Q317$0.09$0.11$183.85 million$188.00 millionViewListenView Earnings Details
11/1/2016Q217$0.04$0.11$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($0.01)$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$0.07($0.06)$204.49 million$193.70 millionViewN/AView Earnings Details
1/29/2015Q315$0.07$0.11$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($0.07)$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 (NYSE:KEM)
2017 EPS Consensus Estimate: $0.24
2018 EPS Consensus Estimate: $0.75
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
Q1 20181$0.05$0.05$0.05
Q2 20181$0.23$0.23$0.23
Q3 20181$0.22$0.22$0.22
Q4 20181$0.25$0.25$0.25
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

Insider Trading and Institutional Ownership History for KEMET (NYSE:KEM)
Insider Ownership Percentage: 3.84%
Institutional Ownership Percentage: 52.04%
Insider Trades by Quarter for KEMET (NYSE:KEM)
Institutional Ownership by Quarter for KEMET (NYSE:KEM)
Insider Trades by Quarter for KEMET (NYSE:KEM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/22/2017Per Olof LoofCEOSell133,334$13.13$1,750,675.42View SEC Filing  
5/16/2017Claudio LolliniVPSell9,500$14.20$134,900.00View SEC Filing  
5/15/2017Charles C Meeks JrInsiderSell115,000$14.33$1,647,950.00View SEC Filing  
5/15/2017William M Lowe JrCFOSell68,422$14.36$982,539.92View SEC Filing  
2/27/2017Ronald James AssafSVPSell9,000$10.92$98,280.00View SEC Filing  
2/27/2017Susan Berish BarkalVPSell4,000$11.03$44,120.00View SEC Filing  
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

Headline Trends for KEMET (NYSE:KEM)
Latest Headlines for KEMET (NYSE:KEM)
Source:
DateHeadline
seekingalpha.com logoKEMET (KEM) Presents At 18th Annual B. Riley & Co. Institutional Investor Conference - Slideshow
seekingalpha.com - May 26 at 11:58 PM
americanbankingnews.com logo KEMET Co. (KEM) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - May 26 at 4:34 PM
americanbankingnews.com logoInsider Selling: KEMET Co. (KEM) CEO Sells 133,334 Shares of Stock
www.americanbankingnews.com - May 22 at 10:26 PM
bizjournals.com logoMetal Oxide Varistor Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
www.bizjournals.com - May 19 at 10:39 AM
americanbankingnews.com logoClaudio Lollini Sells 9,500 Shares of KEMET Co. (KEM) Stock
www.americanbankingnews.com - May 17 at 1:23 PM
americanbankingnews.com logoKEMET Co. (KEM) CFO Sells $982,539.92 in Stock
www.americanbankingnews.com - May 17 at 1:23 PM
americanbankingnews.com logoCharles C. Meeks, Jr. Sells 115,000 Shares of KEMET Co. (KEM) Stock
www.americanbankingnews.com - May 17 at 1:23 PM
americanbankingnews.com logoShort Interest in KEMET Co. (KEM) Drops By 40.6%
www.americanbankingnews.com - May 16 at 7:04 AM
americanbankingnews.com logoKEMET's (KEM) Buy Rating Reiterated at B. Riley
www.americanbankingnews.com - May 15 at 7:34 PM
americanbankingnews.com logoQ2 2018 EPS Estimates for KEMET Co. (KEM) Boosted by B. Riley
www.americanbankingnews.com - May 15 at 9:18 AM
americanbankingnews.com logo$261.75 Million in Sales Expected for KEMET Co. (KEM) This Quarter
www.americanbankingnews.com - May 12 at 1:16 PM
americanbankingnews.com logoZacks: KEMET Co. (KEM) Given $12.25 Average Target Price by Analysts
www.americanbankingnews.com - May 11 at 2:32 PM
finance.yahoo.com logoEdited Transcript of KEM earnings conference call or presentation 10-May-17 1:00pm GMT
finance.yahoo.com - May 10 at 11:06 PM
americanbankingnews.com logoKEMET Co. (KEM) Expected to Announce Earnings of $0.08 Per Share
www.americanbankingnews.com - May 10 at 8:24 PM
americanbankingnews.com logoKEMET Co. (KEM) Receives "Buy" Rating from B. Riley
www.americanbankingnews.com - May 10 at 7:03 PM
americanbankingnews.com logoKEMET Co. (KEM) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS
www.americanbankingnews.com - May 10 at 4:16 PM
finance.yahoo.com logoKEMET Reports Preliminary Fourth Quarter and Fiscal Year 2017 Results
finance.yahoo.com - May 10 at 1:05 PM
marketbeat.com logoKemet beats Street 4Q forecasts
marketbeat.com - May 10 at 8:56 AM
americanbankingnews.com logoZacks Investment Research Upgrades KEMET Co. (KEM) to "Buy"
www.americanbankingnews.com - May 5 at 12:46 AM
americanbankingnews.com logoKEMET (KEM) Receiving Positive Media Coverage, Report Finds
www.americanbankingnews.com - May 3 at 4:22 PM
americanbankingnews.com logoStifel Nicolaus Reaffirms Hold Rating for KEMET Co. (KEM)
www.americanbankingnews.com - May 2 at 4:52 PM
reuters.com logoBRIEF-Kemet announces completion of refinancing
www.reuters.com - May 1 at 1:04 PM
finance.yahoo.com logoKEMET Announces Completion of Refinancing; Significant Lowering of Annual Interest Expense; Added Operational Flexibility
finance.yahoo.com - May 1 at 1:04 PM
finance.yahoo.com logoKEMET Corporation CEO Per-Olof Loof Inducted into NSU’s 2017 Business and Entrepreneurship Hall of Fame
finance.yahoo.com - April 27 at 6:44 PM
americanbankingnews.com logo$191.07 Million in Sales Expected for KEMET Co. (KEM) This Quarter
www.americanbankingnews.com - April 27 at 12:16 AM
americanbankingnews.com logo Brokerages Anticipate KEMET Co. (KEM) Will Announce Earnings of $0.08 Per Share
www.americanbankingnews.com - April 27 at 12:16 AM
americanbankingnews.com logoKEMET (KEM) Receiving Somewhat Negative News Coverage, Study Finds
www.americanbankingnews.com - April 25 at 1:01 PM
americanbankingnews.com logoZacks: Analysts Expect KEMET Co. (KEM) Will Announce Quarterly Sales of $191.07 Million
www.americanbankingnews.com - April 21 at 12:47 PM
finance.yahoo.com logoMoody's Liquidity Stress Index dips again in April; credit markets remain open to speculative-grade companies
finance.yahoo.com - April 20 at 6:12 PM
americanbankingnews.com logo$0.08 EPS Expected for KEMET Co. (KEM) This Quarter
www.americanbankingnews.com - April 20 at 12:04 AM
feeds.benzinga.com logoKEMET Completes Acquisition of NEC TOKIN
feeds.benzinga.com - April 19 at 8:58 AM
americanbankingnews.com logoKEMET (KEM) Receives Daily News Impact Score of 0.37
www.americanbankingnews.com - April 19 at 8:05 AM
americanbankingnews.com logoKEMET Co. (KEM) Sees Significant Drop in Short Interest
www.americanbankingnews.com - April 18 at 7:08 AM
finance.yahoo.com logoNEC TOKIN Completes Sale of EMD Business
finance.yahoo.com - April 14 at 9:11 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Very Likely to Impact KEMET (KEM) Stock Price
www.americanbankingnews.com - April 13 at 3:58 PM
finance.yahoo.com logoKEMET Announces Date for Fiscal Fourth Quarter and Fiscal Year 2017 Financial Results
finance.yahoo.com - April 12 at 7:06 PM
americanbankingnews.com logoKEMET Co. (KEM) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 8 at 1:04 PM
moodys.com logoKEMET Electronics Corporation -- Moody's upgrades KEMET's CFR to B3 and rates new Sr Sec Term Loan at B3; outlook positive
www.moodys.com - April 4 at 6:15 AM
finance.yahoo.com logoKEMET Announces Expected Closing Date of NEC TOKIN Acquisition
finance.yahoo.com - March 31 at 6:07 PM
finance.yahoo.com logo4:27 pm KEMET announces expected closing date of NEC TOKIN acquisition on or about April 19, 2017
finance.yahoo.com - March 31 at 6:07 PM
fool.com logo3 Stocks That Turned $3,000 Into More Than $15,000 in Just 1 Year
www.fool.com - March 28 at 10:57 AM
finance.yahoo.com logoWill KEMET (KEM) Continue to Surge Higher?
finance.yahoo.com - March 14 at 11:35 AM
benzinga.com logo22 Stocks Moving In Monday's Pre-Market Session - Benzinga
www.benzinga.com - March 1 at 5:48 PM
globenewswire.com logoKEMET Announces Agreement to Acquire NEC TOKIN - GlobeNewswire (press release)
globenewswire.com - February 25 at 10:53 PM
fool.com logoWhy KEMET Corporation Shares Surged Today - Motley Fool
www.fool.com - February 25 at 10:53 PM
benzinga.com logoMid-Day Market Update: AXT Rises After Strong Q4 Results; Cyclacel Pharma Shares Tumble
www.benzinga.com - February 24 at 7:23 PM
finance.yahoo.com logoKEMET (KEM) Catches Eye: Stock Rallies 22.9% in Session
finance.yahoo.com - February 24 at 9:58 AM
seekingalpha.com logoKEMET acquire NEC Tokin
seekingalpha.com - February 23 at 6:09 PM
streetinsider.com logoKemet Corporation (KEM) to Buy NEC TOKIN
www.streetinsider.com - February 23 at 6:09 PM
us.rd.yahoo.com logoKEMET Announces Agreement to Acquire NEC TOKIN
us.rd.yahoo.com - February 23 at 6:09 PM

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Chart

KEMET (KEM) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff