Shares of Kyocera Corporation (NYSE:KYO) have been given an average broker rating score of 4.00 (Sell) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a sell rating.
Brokers have set a 12-month consensus price target of $40.42 for the company, according to Zacks. Zacks has also given Kyocera Corporation an industry rank of 89 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research raised Kyocera Corporation from a “strong sell” rating to a “hold” rating in a research note on Tuesday.
A number of institutional investors have recently added to or reduced their stakes in KYO. JPMorgan Chase & Co. boosted its position in Kyocera Corporation by 6.4% in the second quarter. JPMorgan Chase & Co. now owns 17,034 shares of the company’s stock valued at $812,000 after buying an additional 1,028 shares during the period. Stifel Financial Corp boosted its position in Kyocera Corporation by 24.3% in the second quarter. Stifel Financial Corp now owns 5,884 shares of the company’s stock valued at $280,000 after buying an additional 1,150 shares during the period. Capstone Asset Management Co. boosted its position in Kyocera Corporation by 5.1% in the third quarter. Capstone Asset Management Co. now owns 36,565 shares of the company’s stock valued at $1,760,000 after buying an additional 1,770 shares during the period. World Asset Management Inc boosted its position in Kyocera Corporation by 8.1% in the third quarter. World Asset Management Inc now owns 25,251 shares of the company’s stock valued at $1,215,000 after buying an additional 1,882 shares during the period. Finally, Aperio Group LLC boosted its position in Kyocera Corporation by 5.0% in the third quarter. Aperio Group LLC now owns 146,416 shares of the company’s stock valued at $7,047,000 after buying an additional 7,017 shares during the period. 0.45% of the stock is currently owned by institutional investors.
Shares of Kyocera Corporation (NYSE:KYO) opened at 54.80 on Monday. The stock has a market cap of $20.15 billion, a price-to-earnings ratio of 18.86 and a beta of 0.73. Kyocera Corporation has a 1-year low of $41.23 and a 1-year high of $55.02. The stock’s 50 day moving average is $51.65 and its 200-day moving average is $49.21.
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About Kyocera Corporation
Kyocera Corporation is engaged in various fields, from fine ceramic components to electronic devices, equipment, services and networks. The Company operates through seven segments: Fine Ceramic Parts Group, Semiconductor Parts Group, Applied Ceramic Products Group, Electronic Device Group, Telecommunications Equipment Group, Information Equipment Group and Others.
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