KEMET (NYSE:KEM) will be releasing its earnings data before the market opens on Thursday, May 16th. Analysts expect KEMET to post earnings of $0.91 per share for the quarter.
Shares of NYSE KEM opened at $17.77 on Thursday. The stock has a market cap of $1.03 billion, a P/E ratio of 10.97 and a beta of 2.63. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.54 and a current ratio of 2.39. KEMET has a 1-year low of $15.55 and a 1-year high of $29.85.
A number of brokerages recently weighed in on KEM. Zacks Investment Research cut KEMET from a “buy” rating to a “hold” rating in a report on Friday, January 18th. ValuEngine cut KEMET from a “hold” rating to a “sell” rating in a report on Friday, March 22nd.
In related news, insider Charles C. Meeks, Jr. sold 20,000 shares of the firm’s stock in a transaction dated Friday, February 15th. The stock was sold at an average price of $19.01, for a total transaction of $380,200.00. Following the transaction, the insider now directly owns 88,777 shares of the company’s stock, valued at approximately $1,687,650.77. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Shignori Oyama sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, February 19th. The shares were sold at an average price of $18.69, for a total value of $560,700.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 60,000 shares of company stock worth $1,125,233. 2.95% of the stock is currently owned by insiders.
KEMET Corporation manufactures and sells passive electronic components under the KEMET brand worldwide. The company operates in three segments: Solid Capacitors, Film and Electrolytic; and Electro-Magnetic, Sensors, and Actuators. It offers tantalum, aluminum polymer, and ceramic capacitors; film, paper, and wet aluminum electrolytic capacitors; electromagnetic interference filters; and electro-magnetic compatible materials and devices, piezo materials and actuators, and various types of sensors.
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