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

Kyocera Corporation (OTCMKTS:KYOCYGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $17.60, but opened at $16.75. Kyocera shares last traded at $16.85, with a volume of 29,699 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered 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 data from MarketBeat, the company has a consensus rating of “Hold”.

Read Our Latest Research Report on Kyocera

Kyocera Price Performance

The firm has a 50-day simple moving average of $15.79 and a 200-day simple moving average of $14.36. The firm has a market cap of $23.31 billion, a P/E ratio of 33.10 and a beta of 0.27. 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:KYOCYGet Free Report) last issued its quarterly earnings data on Monday, February 2nd. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.07. The company had revenue of $3.44 billion for the quarter, compared to the consensus estimate of $3.27 billion. Kyocera had a return on equity of 3.15% and a net margin of 5.09%.Kyocera has set its FY 2026 guidance at 0.560-0.560 EPS. As a group, analysts forecast that Kyocera Corporation will post 0.32 EPS for the current year.

About Kyocera

(Get Free Report)

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.

Further Reading

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