Consensus Review & Target Check on Kemet Corporation (NYSE:KEM)

Kemet Corporation (NYSE:KEM) currently has an A verage Broker Rating of 2. This number is based on the 2 sell-side firms polled by Zacks. The ABR rank within the industry stands at 66. Analysts on a consensus basis are expecting that the stock will reach $19.88 within the year.  The ABR is provided by Zacks which simplfies analyst ratings into an integer based number. They use a one to five scale where they translate brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 represents a Hold and 4-5 represents a consensus Sell rating. 

An evaluation of a stock’s expected performance and/or its risk level as judged by a rating agency such as Standard and Poor’s. A stock rating will usually tell the investor how well a stock’s market value relates to what analysts believe is a fair value for the stock, based on an objective evaluation of the company. The greater the amount by which the fair value exceeds the market value, the more highly recommended a buy the stock is. Conversely, if the market value of the stock exceeds the fair value of the stock, then analysts recommend that the stock be sold.

There are various factors to examine when looking at what spurs growth in the stock market. Many investors will monitor macro-economic factors that influence the price of shares. Some of these factors include the overall condition of the economy and market sentiment. Following the macro factors, investors may employ a top down approach when viewing the equity markets. This may include starting with a sector poised for growth and filtering down to specific stock that meet the investor’s criteria. Another way to approach the stock market is to view the micro-economic factors that influence stocks. This may include studying company profits, news, and the competence of overall management. Investors will often try to piece together all the different information available in order to select stocks that will have a positive impact on the long-term strength of the portfolio.

Research analysts are predicting that Kemet Corporation (NYSE:KEM) will report earnings of $0.38 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.

Most recently Kemet Corporation (NYSE:KEM) posted quarterly earnings of $0.33 which compared to the sell-side estimates of 0.45. The stock’s 12-month trailing earnings per share stands at $0.71. Shares have moved $9.37 over the past month and more recently, $9.92 over the past week heading into the earnings announcement. There are 3 analyst projections that were taken into consideration from respected brokerage firms.

Kemet Corporation (NYSE:KEM) closed the last session at $23.94 and sees an average of 2851320.75 shares trade hands in each session. The 52-week low of the stock stands at $3.52 while the current level stands at 97.98% of the 52-week High-Low range. Looking further out we can see that the stock has moved 48.51% over the past 12 weeks and 261.09% year to date.

1 analysts rate Kemet Corporation a Buy or Strong Buy, which is 50% of all the analyst ratings.

This article is informational purposes only and should not be considered a recommendation to buy or sell the stock.

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