Kemet Corporation (KEM) Earning Somewhat Positive Press Coverage, Study Finds
Headlines about Kemet Corporation (NYSE:KEM) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kemet Corporation earned a news impact score of 0.17 on Accern’s scale. Accern also gave news headlines about the electronics maker an impact score of 46.0140896791736 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern’s analysis:
- Kemet Corporation (KEM) versus The Competition Financial Review (americanbankingnews.com)
- Analyzing IPG Photonics Corporation (IPGP) and Kemet Corporation (KEM) (americanbankingnews.com)
- Lapping Film Market Growth Study 2017 to 2022 Kemet, Extec Corp, Beijing Grish Hitech (openpr.com)
- Metal Oxide Varistor (MOV) Market to Perceive Substantial Growth During 2025 (mynewsdesk.com)
- Metal Oxide Varistor Market Is Likely to Witness Substantial Growth at a Healthy CAGR of 11.7%: 2025 (sbwire.com)
Several research firms recently commented on KEM. B. Riley reiterated a “buy” rating and set a $24.25 target price on shares of Kemet Corporation in a research note on Thursday, August 3rd. BidaskClub upgraded shares of Kemet Corporation from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 8th. Stifel Nicolaus reiterated a “hold” rating on shares of Kemet Corporation in a research note on Monday, August 7th. TheStreet upgraded shares of Kemet Corporation from a “c+” rating to a “b” rating in a research note on Wednesday, August 2nd. Finally, Zacks Investment Research upgraded shares of Kemet Corporation from a “hold” rating to a “strong-buy” rating and set a $18.00 target price for the company in a research note on Friday, July 14th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. Kemet Corporation presently has a consensus rating of “Buy” and a consensus price target of $21.42.
Kemet Corporation (NYSE KEM) opened at 26.77 on Wednesday. The firm has a market capitalization of $1.28 billion, a PE ratio of 5.55 and a beta of 3.56. The company’s 50-day moving average is $22.08 and its 200 day moving average is $16.36. Kemet Corporation has a 1-year low of $3.45 and a 1-year high of $27.09.
Kemet Corporation (NYSE:KEM) last announced its quarterly earnings results on Wednesday, August 2nd. The electronics maker reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.15. Kemet Corporation had a return on equity of 20.21% and a net margin of 33.25%. The business had revenue of $274.00 million during the quarter, compared to the consensus estimate of $282.52 million. During the same quarter last year, the firm posted $0.06 EPS. The company’s quarterly revenue was up 48.2% on a year-over-year basis. On average, equities analysts expect that Kemet Corporation will post $1.59 EPS for the current fiscal year.
In other news, insider Charles C. Meeks, Jr. sold 30,000 shares of Kemet Corporation stock in a transaction on Monday, August 7th. The stock was sold at an average price of $18.89, for a total transaction of $566,700.00. Following the completion of the sale, the insider now owns 259,781 shares of the company’s stock, valued at $4,907,263.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Frank G. Brandenberg sold 11,525 shares of Kemet Corporation stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $23.12, for a total value of $266,458.00. Following the sale, the director now directly owns 66,831 shares of the company’s stock, valued at approximately $1,545,132.72. The disclosure for this sale can be found here. Insiders have sold 80,859 shares of company stock valued at $1,598,660 in the last three months. Insiders own 3.88% of the company’s stock.
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Kemet Corporation Company Profile
KEMET 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.
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