Kemet Corporation Company Profile (NYSE:KEM)

About Kemet Corporation (NYSE:KEM)

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: Electronic Component
  • Sub-Industry: Electronic Manufacturing Services
  • Symbol: NYSE:KEM
  • CUSIP: 48836020
  • Web:
  • Market Cap: $967.71 million
  • Outstanding Shares: 47,843,000
Average Prices:
  • 50 Day Moving Avg: $20.29
  • 200 Day Moving Avg: $14.85
  • 52 Week Range: $3.31 - $24.64
  • Trailing P/E Ratio: 4.18
  • Foreward P/E Ratio: 12.37
  • P/E Growth: 1.05
Sales & Book Value:
  • Annual Revenue: $846.86 million
  • Price / Sales: 1.15
  • Book Value: $8.10 per share
  • Price / Book: 2.50
  • EBIDTA: $110.1 million
  • Net Margins: 33.25%
  • Return on Equity: 20.21%
  • Return on Assets: 4.53%
  • Debt-to-Equity Ratio: 0.82%
  • Current Ratio: 2.47%
  • Quick Ratio: 1.69%
  • Average Volume: 1.71 million shs.
  • Beta: 3.55
  • Short Ratio: 1.76

Frequently Asked Questions for Kemet Corporation (NYSE:KEM)

What is Kemet Corporation's stock symbol?

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

How were Kemet Corporation's earnings last quarter?

Kemet Corporation (NYSE:KEM) issued its earnings results on Wednesday, August, 2nd. The company reported $0.33 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.18 by $0.15. The company had revenue of $274 million for the quarter, compared to the consensus estimate of $282.52 million. Kemet Corporation had a net margin of 33.25% and a return on equity of 20.21%. The firm's revenue for the quarter was up 48.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.06 EPS. View Kemet Corporation's Earnings History.

When will Kemet Corporation make its next earnings announcement?

Kemet Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Kemet Corporation.

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

2 brokerages have issued 12 month price targets for Kemet Corporation's shares. Their forecasts range from $12.00 to $24.25. On average, they expect Kemet Corporation's stock price to reach $18.13 in the next year. View Analyst Ratings for Kemet Corporation.

What are analysts saying about Kemet Corporation stock?

Here are some recent quotes from research analysts about Kemet Corporation 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. " (7/14/2017)
  • 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 Corporation?

Kemet Corporation saw a increase in short interest during the month of August. As of August 15th, there was short interest totalling 2,327,777 shares, an increase of 48.7% from the July 31st total of 1,565,140 shares. Based on an average daily volume of 1,947,684 shares, the days-to-cover ratio is presently 1.2 days. Currently, 5.7% of the shares of the stock are sold short.

Who are some of Kemet Corporation's key competitors?

Who are Kemet Corporation's key executives?

Kemet Corporation's management team includes the folowing people:

  • Frank G. Brandenberg, Independent Chairman of the Board
  • Per-Olof Loof, Chief Executive Officer, Director
  • Stefano Vetralla, Chief Human Resource Officer, Vice President of Human Resources
  • Charles C. Meeks JR, Executive Vice President - Solid Capacitor Business Group
  • Philip Michael Lessner, Senior Vice President, Chief Technology Officer
  • Susan Berish Barkal, Senior Vice President, Chief Compliance Officer
  • R. James Assaf, Senior Vice President, General Counsel, Secretary
  • Claudio Lollini, Senior Vice President of Global Sales and Marketing
  • John C. Powers, Senior Vice President, Global Supply Chain; Chief Procurement Officer.
  • Brian Wesley Burch, Chief Information Officer, Vice President

Who owns Kemet Corporation stock?

Kemet Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (7.97%), Dimensional Fund Advisors LP (6.32%), Royce & Associates LP (4.13%), Vanguard Group Inc. (3.68%), Numeric Investors LLC (2.33%) and Schneider Capital Management Corp (1.62%). Company insiders that own Kemet Corporation stock include Charles C Meeks Jr, Claudio Lollini, Frank G Brandenberg, Joseph Vincent Borruso, Per Olof Loof, Ronald James Assaf, Stefano Vetralla, Susan Berish Barkal, Wilfried Backes and William M Lowe Jr. View Institutional Ownership Trends for Kemet Corporation.

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 Royce & Associates LP, Schneider Capital Management Corp, LSV Asset Management, Goldman Sachs Group Inc., B. Riley Financial Inc., Virtu KCG Holdings LLC, EAM Investors LLC and Menta Capital LLC. Company insiders that have sold Kemet Corporation stock in the last year include Charles C Meeks Jr, Claudio Lollini, Frank G Brandenberg, Joseph Vincent Borruso, Per Olof Loof, Ronald James Assaf, Stefano Vetralla, Susan Berish Barkal, Wilfried Backes and William M Lowe Jr. View Insider Buying and Selling for Kemet Corporation.

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

Kemet Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Numeric Investors LLC, State Street Corp, Northern Trust Corp, Intrinsic Edge Capital Management LLC, Bank of Montreal Can, TIAA CREF Investment Management LLC and New York State Common Retirement Fund. View Insider Buying and Selling for Kemet Corporation.

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.

What is Kemet Corporation's stock price today?

One share of Kemet Corporation stock can currently be purchased for approximately $20.29.

MarketBeat Community Rating for Kemet Corporation (NYSE KEM)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  143 (Vote Outperform)
Underperform Votes:  116 (Vote Underperform)
Total Votes:  259
MarketBeat's community ratings are surveys of what our community members think about Kemet Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Kemet Corporation (NYSE:KEM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $18.13 (10.67% downside)

Analysts' Ratings History for Kemet Corporation (NYSE:KEM)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/8/2017B. RileyReiterated RatingBuy$24.25MediumView Rating Details
8/7/2017Stifel NicolausReiterated RatingHoldLowView Rating Details
(Data available from 9/19/2015 forward)


Earnings History for Kemet Corporation (NYSE:KEM)
Earnings by Quarter for Kemet Corporation (NYSE:KEM)
Earnings History by Quarter for Kemet Corporation (NYSE KEM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017$0.33N/AView Earnings Details
8/2/2017Q1 2018$0.18$0.33$282.52 million$274.00 millionViewListenView Earnings Details
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)


Earnings Estimates for Kemet Corporation (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)


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

Insider Trades

Insider Trading and Institutional Ownership History for Kemet Corporation (NYSE:KEM)
Insider Ownership Percentage: 3.88%
Institutional Ownership Percentage: 67.27%
Insider Trades by Quarter for Kemet Corporation (NYSE:KEM)
Institutional Ownership by Quarter for Kemet Corporation (NYSE:KEM)
Insider Trades by Quarter for Kemet Corporation (NYSE:KEM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/7/2017Joseph Vincent BorrusoDirectorSell1,000$22.31$22,310.00View SEC Filing  
8/30/2017Frank G BrandenbergDirectorSell11,525$23.12$266,458.00View SEC Filing  
8/14/2017Wilfried BackesDirectorSell20,000$20.47$409,400.00View SEC Filing  
8/9/2017Stefano VetrallaVPSell9,000$18.70$168,300.00View SEC Filing  
8/7/2017Charles C Meeks JrInsiderSell30,000$18.89$566,700.00View SEC Filing  
8/4/2017Ronald James AssafSVPSell9,334$17.73$165,491.82View SEC Filing  
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)


Headline Trends for Kemet Corporation (NYSE:KEM)
Latest Headlines for Kemet Corporation (NYSE:KEM)
DateHeadline logoKEM November 17th Options Begin Trading - September 18 at 7:45 PM logoKEMET Institute of Technology Series Begins 34th Season - September 18 at 7:45 PM logoETFs with exposure to KEMET Corp. : September 18, 2017 - September 18 at 7:45 PM logoSome Color On KEMET's Recent Secondary Offering - Seeking Alpha - September 14 at 6:51 AM logoReviewing Kemet Corporation (KEM) and CTS Corporation (CTS) - September 14 at 6:06 AM logoKemet Corporation (KEM) Director Sells $22,310.00 in Stock - September 11 at 1:40 PM logoKEMET to Present at Rodman & Renshaw 19th Annual Global Investment Conference - GlobeNewswire (press release) - September 10 at 12:41 AM logoKEMET Corporation Announces Pricing of Secondary Offering by Selling Securityholder - GlobeNewswire (press release) - September 10 at 12:41 AM logoKemet Corporation (KEM) Prices 8.4M Common Stock Offering by Selling Securityholder - September 9 at 2:34 AM logoKEMET Corporation Announces Pricing of Secondary Offering by Selling Securityholder - September 9 at 2:34 AM logoWhat Is KEMET Corporation’s (KEM) Share Price Doing? - September 9 at 2:34 AM logoPre-Open Movers 09/07: (RH) (CAB) (GPRO) Higher; (NCS) (BKS) (ALNY) Lower (more...) - September 8 at 4:12 AM logoPowerShares Dynamic Market Portfolio Experiences Big Outflow - September 7 at 11:10 PM logoKEMET to Present at Rodman & Renshaw 19th Annual Global Investment Conference - September 7 at 11:10 PM logoAfter-Hours Stock Movers 09/06: (RH) (CAB) (VVUS) Higher; (NSC) (KEM) (BLDR) Lower (more...) - September 6 at 8:17 PM logoBRIEF-KEMET CORP SAYS SECONDARY OFFERING OF 8.4 MLN SHARES OF COMMON STOCK - September 6 at 8:17 PM logoKEMET Corporation Announces Secondary Offering by Selling Securityholder - September 6 at 8:16 PM logoETFs with exposure to KEMET Corp. : September 6, 2017 - September 5 at 10:03 PM logoKEMET Co. (KEM) Upgraded to "Buy" at ValuEngine - September 2 at 11:50 PM logoKEMET Corp. :KEM-US: Earnings Analysis: Q1, 2018 By the Numbers : September 1, 2017 - September 2 at 2:36 AM logoKemet Corporation (KEM) Given Average Rating of "Buy" by Brokerages - September 1 at 10:34 PM logoKemet Corporation (KEM) Director Sells $266,458.00 in Stock - September 1 at 4:20 PM logo$0.45 Earnings Per Share Expected for Kemet Corporation (KEM) This Quarter - September 1 at 8:42 AM logoKemet Corporation (KEM) Short Interest Up 48.7% in August - August 31 at 2:20 AM logoCan Kemet (KEM) Run Higher on Strong Earnings Estimate Revisions? - August 26 at 6:31 AM logoZacks: Kemet Corporation (KEM) Given Average Rating of "Buy" by Analysts - August 25 at 4:50 PM logoKemet Corporation (KEM) Downgraded by BidaskClub - August 22 at 6:58 PM logoKEMET Corporation's 180 Degree Transformation - August 16 at 8:10 PM logoContrasting Kemet Corporation (KEM) & Bel Fuse (BELFB) - August 16 at 12:26 PM logoInsider Selling: Kemet Corporation (KEM) Director Sells 20,000 Shares of Stock - August 15 at 10:22 AM logoZacks: Analysts Expect Kemet Corporation (KEM) Will Announce Quarterly Sales of $298.44 Million - August 15 at 2:56 AM logo$0.38 Earnings Per Share Expected for Kemet Corporation (NYSE:KEM) This Quarter - August 13 at 10:30 PM logoLooking for a Top Momentum Stock? 3 Reasons Why Kemet (KEM) is a Great Choice - August 12 at 1:32 AM logoStefano Vetralla Sells 9,000 Shares of Kemet Corporation (NYSE:KEM) Stock - August 11 at 10:45 AM logoKEMET's (NYSE:KEM) Buy Rating Reaffirmed at B. Riley - August 8 at 12:50 PM logoInsider Selling: Kemet Corporation (NYSE:KEM) SVP Sells 9,334 Shares of Stock - August 7 at 8:02 PM logoKemet Corporation (NYSE:KEM) Insider Sells $566,700.00 in Stock - August 7 at 7:20 PM logoKemet Corporation (KEM) Earns "Hold" Rating from Stifel Nicolaus - August 7 at 11:20 AM logo Kemet Corporation (KEM) Given Consensus Rating of "Buy" by Brokerages - August 6 at 12:28 PM logoForm 4 KEMET CORP For: Aug 02 - - August 4 at 3:59 AM logoKEMET Corp. Q1 Profit Climbs 481% - Nasdaq - August 4 at 3:59 AM logoEdited Transcript of KEM earnings conference call or presentation 2-Aug-17 1:00pm GMT - August 4 at 3:59 AM logoKEMET Q1 Adj. Profit Beats View; Sees Q2 Revenue Above Estimates - Quick Facts - August 3 at 10:59 PM logoKEMET Corp. Q1 Profit Climbs 481% - August 3 at 10:59 PM logoKemet Corporation 2017 Q1 - Results - Earnings Call Slides - August 3 at 10:59 PM logoThe Zacks Analyst Blog Highlights: Applied Optoelectronics, SSAB AB, xG Technology, Tosoh and KEMET - August 3 at 10:59 PM logoRealogy (RLGY), Kemet (KEM) and Ultra Clean (UCTT) post Blowout Reports - August 3 at 10:59 PM logoBuying Opportunity For KEMET Bulls After Preliminary Earnings Volatility - Seeking Alpha - August 3 at 1:32 AM logoKEMET Reports Preliminary Fiscal 2018 First Quarter Results - August 3 at 1:32 AM logoKemet beats 1Q profit forecasts - August 3 at 1:32 AM



Kemet Corporation (KEM) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by Staff