Kulicke and Soffa Industries (NASDAQ:KLIC) Stock Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Kulicke and Soffa shares rose 4.9%, trading at $100.77 after moving above their 200-day average of $93.26. The stock has a market capitalization of $5.27 billion and trades at a P/E ratio of 46.44.
• The company reported strong quarterly results, with EPS of $1.20 versus the $1.06 consensus and revenue of $330.41 million, up 122.6% year over year. Needham raised its price target to $115, while the overall analyst consensus is “Moderate Buy.”
• Kulicke and Soffa declared a quarterly dividend of $0.205 per share, equivalent to an annualized $0.82 payout and a 0.8% yield. Institutional investors own approximately 98.22% of the company.

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $93.26 and traded as high as $101.87. Kulicke and Soffa Industries shares last traded at $100.77, with a volume of 560,470 shares changing hands.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on KLIC. Weiss Ratings reissued a "hold (c)" rating on shares of Kulicke and Soffa Industries in a report on Friday, August 7th. Needham & Company LLC raised their price target on Kulicke and Soffa Industries from $105.00 to $115.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Finally, Zacks Research upgraded Kulicke and Soffa Industries from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Kulicke and Soffa Industries presently has a consensus rating of "Moderate Buy" and an average target price of $69.67.

Kulicke and Soffa Industries Trading Up 4.9%

The stock has a market cap of $5.27 billion, a P/E ratio of 46.44 and a beta of 1.55. The business's fifty day simple moving average is $87.70 and its 200 day simple moving average is $93.26.

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 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 the consensus estimate of $308.50 million. During the same period in the previous year, the firm posted $0.07 earnings per share. The company's revenue was up 122.6% on a year-over-year basis. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. On average, analysts predict that Kulicke and Soffa Industries, Inc. will post 3.38 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Thursday, September 17th will be issued a dividend of $0.2050 per share. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.82 annualized dividend and a yield of 0.8%. Kulicke and Soffa Industries's dividend payout ratio is currently 37.79%.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Hedge funds and other institutional investors have recently made changes to their positions in the company. Louisiana State Employees Retirement System bought a new stake in Kulicke and Soffa Industries during the 1st quarter worth about $1,525,000. Bank of America Corp DE acquired a new position in Kulicke and Soffa Industries during the 2nd quarter valued at about $32,721,000. HighTower Advisors LLC boosted its stake in shares of Kulicke and Soffa Industries by 362.7% in the 2nd quarter. HighTower Advisors LLC now owns 37,484 shares of the semiconductor company's stock valued at $5,014,000 after purchasing an additional 29,383 shares during the last quarter. Hsbc Holdings PLC bought a new position in shares of Kulicke and Soffa Industries in the 4th quarter valued at about $535,000. Finally, Wellington Management Group LLP acquired a new stake in shares of Kulicke and Soffa Industries during the 2nd quarter worth approximately $26,086,000. 98.22% of the stock is owned by institutional investors and hedge funds.

About Kulicke and Soffa Industries

Kulicke and Soffa Industries, Inc NASDAQ: KLIC develops and manufactures semiconductor and electronic assembly equipment. Its products are used in the back-end manufacturing stage, where semiconductor devices are assembled, connected, and packaged for use in electronic products.

The company's offerings include ball bonders, wedge bonders, die attach equipment, advanced packaging systems, and related tools and consumables. These solutions support applications such as power semiconductors, automotive electronics, communications equipment, integrated circuits, light-emitting diodes, and other semiconductor devices.

Founded in 1951, Kulicke and Soffa serves semiconductor manufacturers, outsourced semiconductor assembly and test providers, and electronics producers worldwide.

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