Kemet (KEM) Earning Somewhat Positive Press Coverage, Study Shows

News coverage about Kemet (NYSE:KEM) has been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kemet earned a news impact score of 0.07 on Accern’s scale. Accern also assigned news coverage about the electronics maker an impact score of 45.6062946897599 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the media stories that may have effected Accern Sentiment’s analysis:

Shares of Kemet (KEM) opened at $15.74 on Monday. Kemet has a 1-year low of $5.78 and a 1-year high of $27.35. The company has a quick ratio of 1.73, a current ratio of 2.51 and a debt-to-equity ratio of 0.75. The company has a market cap of $887.45, a PE ratio of 16.23 and a beta of 3.44.

Kemet (NYSE:KEM) last posted its quarterly earnings results on Thursday, November 2nd. The electronics maker reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.02. The firm had revenue of $301.47 million during the quarter, compared to analysts’ expectations of $298.51 million. Kemet had a net margin of 31.16% and a return on equity of 21.07%. The firm’s revenue for the quarter was up 60.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.13 earnings per share. sell-side analysts anticipate that Kemet will post 1.44 EPS for the current fiscal year.

A number of equities research analysts have recently commented on the stock. ValuEngine cut shares of Kemet from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. BidaskClub cut shares of Kemet from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 22nd. Zacks Investment Research cut shares of Kemet from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 4th. TheStreet cut shares of Kemet from a “b” rating to a “c” rating in a report on Thursday, November 2nd. Finally, B. Riley reaffirmed a “buy” rating and issued a $27.50 target price on shares of Kemet in a report on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $22.50.

In related news, CFO William M. Lowe, Jr. sold 21,903 shares of the stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $16.08, for a total transaction of $352,200.24. Following the completion of the transaction, the chief financial officer now directly owns 523,038 shares of the company’s stock, valued at $8,410,451.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 3.88% of the company’s stock.

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Kemet 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.

Insider Buying and Selling by Quarter for Kemet (NYSE:KEM)

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