In the past 52-week period, shares of KEMET Corporation (NYSE:KEM) have moved within the range of $3.51 to $27.35. On the stock’s most recent trading day, the company’s shares ended the regular session at $25.69, which is 6.07% lower than its 52-week high.
KEMET Corporation (KEM) has demonstrated a 20-day simple moving average (SMA) of 1.76%, and a 50-day SMA of 13.09%. This public company’s current market capitalization stands at $1.19 billion.
Analyzing Consensus Estimates, Sales Revenue and Net Income
Understanding Wall Street analyst’s enthusiasm for a particular stock is crucial when considering entering a position. According to the latest data, the consensus recommendation for KEMET Corporation (KEM) is Outperform.
When it comes to sales data, public companies usually post revenue and earnings that are either higher or lower than the average Wall Street forecast. In the most recent quarterly financial report, for the quarter ending Jun. 2017, KEMET Corporation (KEM) delivered a 2.59% surprise with its net revenue. Sales reached $0.27 billion during the three-month period, compared to the average analyst estimate of $0.28 billion.
Meanwhile, during the same quarter KEMET Corporation (KEM) delivered a 62.32% earnings surprise. Net earnings for the quarter were posted at $0.33 per share, whereas Wall Street had forecast $0.20 per share.
Ownership at KEMET Corporation (KEM), According to Most Recent SEC Filings
A public company’s latest 13F filings tell investors important details about institutional ownership. KEMET Corporation (KEM) has 0.05 billion shares outstanding currently, 68.48% of which belong to institutional investors. Those institutional holdings amount to $0.78 billion.
Additionally, according to the most recent 13F filing from KEMET Corporation (KEM), there were 61 new positions totaling 3,542,378 shares of the company’s stock. There were 18 sold out positions, on the other hand, totaling 1,387,042 shares.
Short, Medium and Long Term Indicators
Examining a stock’s average volume in the short, medium and long term is useful to understand trading activity and investor sentiment. KEMET Corporation (KEM) has had a 20-day average volume of 1,976,585 shares, with an average of 20% of short term indicators pointed at Buy.
The stock’s 50-day average volume has been 2,377,166 shares, with an average of 25% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 1,882,291 shares with 67% of long-term indicators pointing to Buy.