Economy

Earnings Analysis Of KEMET Corp. (KEM)

KEMET Corporation (NYSE:KEM) has been trading in a bullish manner, based on the relative positions of the stock's 20 and 200 day moving averages. The company's market cap is $160.74 Billion, and the average volume is $8.85 Million. The average analysts gave this company a mean recommendation of 2.50. According to these analysts, the Low Revenue Estimate for KEMET Corp.is 296.88 Million and the High Revenue Estimate is 301.6 Million.

Riley "Initiates Coverage on" Kemet Corp (NYSE:KEM) in a research note issued to investors on 5/23/16 to Buy.

When investors engage in short selling or "shorting a stock", they actually borrow shares from an existing owner, sell the borrowed shares at market price, and take the cash. Furthermore on 6/27/12 UBS "Maintained" the stock to Neutral at $6.

On the other hand the company has Relative Strength Index (RSI 14) of 25.13 along with Average True Range (ATR 14) of 1.94, Consequently Kemet Corp (NYSE:KEM)'s weekly and monthly volatility is 11.06%, 6.25% respectively. The company's beta value is at 3.62.

The consensus analysts recommendation at this point stands at 2.50 on KEMET Corporation (NYSE:KEM).

KEMET Corporation (NYSE:KEM), maintained return on investment for the last twelve months at 22.98, higher than what Reuters data shows regarding industry's average.

For the ongoing Fiscal Quarter, 16 analysts have an average earnings forecast of $0.94 per share. The overall volume in the last trading session was 12.32 million shares. KEM 's 20-day moving average now sits below its 100-day moving average. The company posted an earnings surprise of 65%.

Average Revenue Estimate of the company for the current Fiscal Quarter is $191.73 Million, according to consensus of 3 analysts. For the next 5 years, KEMET Corp.is expecting Growth of 12% per annum, whereas in the past 5 years the growth was 89% per annum.

According to 13 analysts, the Average Revenue Estimate for the current Fiscal quarter is $10.49 Billion and the Low Revenue estimate is $10.39 Billion, while the High Revenue estimate is $10.61 Billion. (MRK) have shown a high EPS growth of -7.00% in the last 5 years and has earnings decline of -10.00% yoy. Halyard Health, Inc. (NYSE:HYH)'s short interest is 3.53 million shares, or % of the float.

Insider ownership increased by a total of 0 shares, which suggests that HYH's key executives are feeling more optimistic about the outlook for the stock.

Kemet Corp (NYSE:KEM)'s trailing twelve month revenues are $846.9 Million, whereas its price to sales ratio for the same period is 0.87. This represents a decrease of -3% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks.



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