Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Stock Has Consensus Target Price of $69.67 According to Brokerages

Key Points

• Analysts rate KLIC a “Moderate Buy”, with two holds, two buys and one strong buy. The average 12-month price target is $69.67, below the stock’s reported opening price of $88.47.
• Kulicke and Soffa exceeded quarterly expectations, reporting $1.20 EPS versus the $1.06 consensus and $330.41 million in revenue, up 122.6% year over year.
• The company declared a quarterly dividend of $0.205 per share, equivalent to an annualized $0.82 payout and a 0.9% yield; institutional investors own 98.22% of the stock.

Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Get Free Report) have been assigned an average rating of "Moderate Buy" from the five brokerages that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $69.67.

KLIC has been the subject of several recent research reports. Zacks Research raised Kulicke and Soffa Industries from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 11th. Needham & Company LLC increased their price objective on Kulicke and Soffa Industries from $105.00 to $115.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Kulicke and Soffa Industries in a research report on Friday, August 7th.

Kulicke and Soffa Industries Stock Down 2.6%

Shares of KLIC stock opened at $88.47 on Friday. The stock has a market cap of $4.63 billion, a P/E ratio of 40.77 and a beta of 1.62. Kulicke and Soffa Industries has a fifty-two week low of $35.02 and a fifty-two week high of $135.80. The business has a fifty day simple moving average of $88.72 and a 200-day simple moving average of $92.20.

Kulicke and Soffa Industries (NASDAQ:KLIC - Get Free Report) last announced its earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.06 by $0.14. Kulicke and Soffa Industries had a net margin of 12.18% and a return on equity of 14.39%. The company had revenue of $330.41 million during the quarter, compared to analysts' expectations of $308.50 million. During the same quarter in the previous year, the business posted $0.07 earnings per share. The firm's quarterly revenue was up 122.6% compared to the same quarter last year. 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 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Thursday, September 17th will be paid a dividend of $0.2050 per share. This represents a $0.82 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, September 17th. Kulicke and Soffa Industries's dividend payout ratio (DPR) is currently 37.79%.

Institutional Trading of Kulicke and Soffa Industries

A number of hedge funds have recently bought and sold shares of KLIC. BlackRock Inc. acquired a new position in shares of Kulicke and Soffa Industries during the 2nd quarter valued at about $1,204,835,000. The Manufacturers Life Insurance Company acquired a new position in shares of Kulicke and Soffa Industries in the 2nd quarter valued at $153,050,000. Bank of New York Mellon Corp purchased a new stake in shares of Kulicke and Soffa Industries during the 2nd quarter valued at $98,778,000. Bank of America Corp DE purchased a new stake in shares of Kulicke and Soffa Industries during the 2nd quarter valued at $32,721,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Kulicke and Soffa Industries during the 2nd quarter worth $26,300,000. Institutional investors and hedge funds own 98.22% of the company's stock.

About Kulicke and Soffa Industries

Kulicke and Soffa Industries, Ltd. develops and manufactures equipment and tools used in semiconductor and electronic assembly. Its solutions support the packaging, interconnection and assembly of integrated circuits, light-emitting diodes and other electronic components.

The company's product portfolio includes wire bonding systems, wedge bonders, die attach equipment, advanced packaging systems and related consumables. Its technologies are used in applications such as automotive electronics, consumer electronics, communications, computing, power semiconductors and optoelectronics.

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