Recent Investment Analysts’ Ratings Updates for Kulicke and Soffa Industries (KLIC)

Kulicke and Soffa Industries (NASDAQ: KLIC) has recently received a number of price target changes and ratings updates:

  • 5/15/2019 – Kulicke and Soffa Industries was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Kulicke & Soffa is a leading provider of semiconductor packaging and electronic assembly solutions supporting the global automotive, consumer, communications, computing and industrial segments. As a pioneer in the semiconductor space, K&S has provided customers with market leading packaging solutions for decades. In recent years, K&S has expanded its product offerings through strategic acquisitions and organic development, adding advanced packaging, electronics assembly, wedge bonding and a broader range of expendable tools to its core offerings. Combined with its extensive expertise in process technology and focus on development, K&S is well positioned to help customers meet the challenges of packaging and assembling the next-generation of electronic devices. “
  • 5/14/2019 – Kulicke and Soffa Industries was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 5/7/2019 – Kulicke and Soffa Industries was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Kulicke & Soffa is a leading provider of semiconductor packaging and electronic assembly solutions supporting the global automotive, consumer, communications, computing and industrial segments. As a pioneer in the semiconductor space, K&S has provided customers with market leading packaging solutions for decades. In recent years, K&S has expanded its product offerings through strategic acquisitions and organic development, adding advanced packaging, electronics assembly, wedge bonding and a broader range of expendable tools to its core offerings. Combined with its extensive expertise in process technology and focus on development, K&S is well positioned to help customers meet the challenges of packaging and assembling the next-generation of electronic devices. “
  • 5/1/2019 – Kulicke and Soffa Industries was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Kulicke & Soffa is a leading provider of semiconductor packaging and electronic assembly solutions supporting the global automotive, consumer, communications, computing and industrial segments. As a pioneer in the semiconductor space, K&S has provided customers with market leading packaging solutions for decades. In recent years, K&S has expanded its product offerings through strategic acquisitions and organic development, adding advanced packaging, electronics assembly, wedge bonding and a broader range of expendable tools to its core offerings. Combined with its extensive expertise in process technology and focus on development, K&S is well positioned to help customers meet the challenges of packaging and assembling the next-generation of electronic devices. “
  • 4/24/2019 – Kulicke and Soffa Industries was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 4/11/2019 – Kulicke and Soffa Industries was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 4/5/2019 – Kulicke and Soffa Industries was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 3/27/2019 – Kulicke and Soffa Industries was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.

Shares of Kulicke and Soffa Industries stock opened at $20.16 on Thursday. The company has a debt-to-equity ratio of 0.02, a current ratio of 7.19 and a quick ratio of 6.35. The stock has a market cap of $1.34 billion, a PE ratio of 8.30, a price-to-earnings-growth ratio of 2.57 and a beta of 1.16. Kulicke and Soffa Industries Inc. has a 1-year low of $17.40 and a 1-year high of $28.69.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its earnings results on Thursday, May 2nd. The semiconductor company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.06). The business had revenue of $115.90 million for the quarter, compared to analyst estimates of $118.42 million. Kulicke and Soffa Industries had a net margin of 12.91% and a return on equity of 12.85%. The firm’s revenue was down 47.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.51 earnings per share. On average, analysts predict that Kulicke and Soffa Industries Inc. will post 0.64 EPS for the current fiscal year.

Institutional investors have recently made changes to their positions in the company. Advisory Services Network LLC grew its stake in shares of Kulicke and Soffa Industries by 103.1% during the fourth quarter. Advisory Services Network LLC now owns 1,243 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 631 shares in the last quarter. Versant Capital Management Inc grew its stake in Kulicke and Soffa Industries by 758.3% in the first quarter. Versant Capital Management Inc now owns 1,399 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 1,236 shares in the last quarter. Proficio Capital Partners LLC grew its stake in Kulicke and Soffa Industries by 56.4% in the fourth quarter. Proficio Capital Partners LLC now owns 1,472 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 531 shares in the last quarter. Icon Wealth Partners LLC acquired a new position in Kulicke and Soffa Industries in the first quarter worth about $36,000. Finally, Valeo Financial Advisors LLC acquired a new position in Kulicke and Soffa Industries in the first quarter worth about $46,000. Institutional investors own 92.66% of the company’s stock.

Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and tools to assemble semiconductor devices. It operates in two segments, Capital Equipment, and Aftermarket Products and Services (APS). The Capital Equipment segment manufactures and sells a line of ball bonders, wedge bonders, advanced packaging, and electronic assembly solutions.

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