Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Get Free Report) have been given an average recommendation of “Hold” by the five analysts that are currently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $69.67.
Several research firms have recently issued reports on KLIC. Zacks Research cut Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 6th. Weiss Ratings restated a “hold (c)” rating on shares of Kulicke and Soffa Industries in a report on Friday, August 7th. Finally, Needham & Company LLC raised their price target on shares of Kulicke and Soffa Industries from $105.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, August 6th.
Check Out Our Latest Stock Report on KLIC
Kulicke and Soffa Industries Stock Up 3.4%
Shares of KLIC stock opened at $81.32 on Tuesday. The stock has a market cap of $4.26 billion, a P/E ratio of 37.47 and a beta of 1.55. The business has a fifty day simple moving average of $87.36 and a 200-day simple moving average of $95.26. Kulicke and Soffa Industries has a fifty-two week low of $35.02 and a fifty-two week high of $135.80.
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.14. The business had revenue of $330.41 million during the quarter, compared to analysts’ expectations of $308.50 million. Kulicke and Soffa Industries had a net margin of 12.18% and a return on equity of 14.39%. The company’s revenue was up 122.6% on a year-over-year basis. During the same period last year, the company posted $0.07 EPS. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. On average, sell-side analysts anticipate that Kulicke and Soffa Industries will post 3.38 earnings per share for the current year.
Kulicke and Soffa Industries Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, October 7th. Investors of record on Thursday, September 17th were issued a $0.2050 dividend. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $0.82 annualized dividend and a yield of 1.0%. Kulicke and Soffa Industries’s dividend payout ratio is currently 37.79%.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in Kulicke and Soffa Industries in the second quarter worth $1,204,835,000. The Manufacturers Life Insurance Company acquired a new position in shares of Kulicke and Soffa Industries during the second quarter worth approximately $153,050,000. Bank of New York Mellon Corp grew its stake in shares of Kulicke and Soffa Industries by 125.0% in the first quarter. Bank of New York Mellon Corp now owns 926,915 shares of the semiconductor company’s stock worth $60,917,000 after purchasing an additional 514,983 shares in the last quarter. Emerald Advisers LLC raised its position in shares of Kulicke and Soffa Industries by 5.5% during the 1st quarter. Emerald Advisers LLC now owns 568,996 shares of the semiconductor company’s stock worth $37,394,000 after buying an additional 29,882 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH lifted its position in Kulicke and Soffa Industries by 40.2% in the third quarter. Fort Washington Investment Advisors Inc. OH now owns 454,215 shares of the semiconductor company’s stock worth $42,810,000 after purchasing an additional 130,162 shares during the period. Institutional investors own 98.22% of the company’s stock.
Kulicke and Soffa Industries Company Profile
Kulicke and Soffa Industries, Ltd. (NASDAQ: KLIC) designs, manufactures and supports equipment used in the assembly and packaging of semiconductor and electronic components. Its technologies help manufacturers connect semiconductor dies to packages, attach and assemble components, and produce finished devices for use in electronics, communications, automotive, industrial and other applications.
The company’s product portfolio includes wire bonding equipment, die attach systems, wedge bonding solutions and related tools, materials and services.
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