- KTEC's debt-to-equity ratio is very low at 0.07 and is currently below that of the industry average, implying that there has been very successful management of debt levels.
- KTEC, with its decline in revenue, slightly underperformed the industry average of 6.4%. Since the same quarter one year prior, revenues fell by 10.9%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
- KEY TECHNOLOGY INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, KEY TECHNOLOGY INC increased its bottom line by earning $0.66 versus $0.09 in the prior year. For the next year, the market is expecting a contraction of 153.0% in earnings (-$0.35 versus $0.66).
- The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Machinery industry and the overall market, KEY TECHNOLOGY INC's return on equity significantly trails that of both the industry average and the S&P 500.
- The gross profit margin for KEY TECHNOLOGY INC is currently lower than what is desirable, coming in at 31.09%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -1.05% trails that of the industry average.
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. The Food & Beverage industry as a whole closed the day down 0.2% versus the S&P 500, which was up 0.1%. Laggards within the Food & Beverage industry included SkyPeople Fruit Juice ( SPU), down 6.4%, Crumbs Bake Shop ( CRMB), down 2.9%, Tofutti Brands ( TOF), down 2.9%, Key Technology ( KTEC), down 1.9% and G Willi-Food International ( WILC), down 7.0%. TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today: Key Technology ( KTEC) is one of the companies that pushed the Food & Beverage industry lower today. Key Technology was down $0.22 (1.9%) to $11.58 on light volume. Throughout the day, 8,422 shares of Key Technology exchanged hands as compared to its average daily volume of 12,100 shares. The stock ranged in price between $11.58-$12.04 after having opened the day at $11.70 as compared to the previous trading day's close of $11.80. Key Technology, Inc. designs, manufactures, sells, and services process automation systems integrating electro-optical inspection, sorting, and process systems in the United States and internationally. Key Technology has a market cap of $74.3 million and is part of the consumer goods sector. Shares are down 17.7% year-to-date as of the close of trading on Tuesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings rates Key Technology as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Highlights from TheStreet Ratings analysis on KTEC go as follows: