Kulicke and Soffa Industries Stock Price, News & Analysis (NASDAQ:KLIC)

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kulicke and Soffa Industries in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KLIC shares.
View KLIC analyst ratings or view top-rated stocks.

3 brokers have issued 1-year price objectives for Kulicke and Soffa Industries' shares. Their KLIC share price targets range from $56.00 to $70.00. On average, they expect the company's share price to reach $62.00 in the next twelve months. This suggests a possible upside of 19.8% from the stock's current price.
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Kulicke and Soffa Industries' stock was trading at $44.26 at the beginning of the year. Since then, KLIC shares have increased by 16.9% and is now trading at $51.76.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 7th 2024.
View our KLIC earnings forecast.

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) issued its earnings results on Thursday, November, 16th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.43 by $0.08. The semiconductor company earned $202.32 million during the quarter, compared to analyst estimates of $200.17 million. Kulicke and Soffa Industries had a trailing twelve-month return on equity of 8.93% and a net margin of 7.70%. The company's revenue for the quarter was down 29.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.19 earnings per share.

Kulicke and Soffa Industries declared a quarterly dividend on Wednesday, November 15th. Investors of record on Thursday, December 21st will be paid a dividend of $0.20 per share on Tuesday, January 9th. This represents a $0.80 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend is Wednesday, December 20th. This is an increase from the stock's previous quarterly dividend of $0.19.
Read our dividend analysis for KLIC.

Kulicke and Soffa Industries (NASDAQ:KLIC) pays an annual dividend of $0.76 per share and currently has a dividend yield of 1.45%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 76.77%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, KLIC will have a dividend payout ratio of 27.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KLIC.

ETFs with the largest weight of Kulicke and Soffa Industries (NASDAQ:KLIC) stock in their portfolio include Invesco S&P SmallCap Information Technology ETF (PSCT), Invesco S&P SmallCap Quality ETF (XSHQ), ETC 6 Meridian Small Cap Equity ETF (SIXS), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), AdvisorShares Insiders Advantage ETF (SURE), Pacer US Small Cap Cash Cows 100 ETF (CALF) and Cambria Shareholder Yield ETF (SYLD).

Kulicke and Soffa Industries declared that its board has initiated a stock repurchase program on Thursday, March 3rd 2022, which permits the company to repurchase $400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 13.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its stock is undervalued.

Kulicke and Soffa Industries updated its first quarter earnings guidance on Wednesday, November, 15th. The company provided earnings per share guidance of $0.23-0.28 for the period, compared to the consensus estimate of $0.38. The company issued revenue guidance of $160-180 million, compared to the consensus revenue estimate of $190.92 million.

31 employees have rated Kulicke and Soffa Industries Chief Executive Officer Fusen Chen on Glassdoor.com. Fusen Chen has an approval rating of 88% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kulicke and Soffa Industries investors own include Micron Technology (MU), Applied Materials (AMAT), AT&T (T), Alibaba Group (BABA), Intel (INTC), Energy Transfer (ET), Lam Research (LRCX), Netflix (NFLX), AbbVie (ABBV) and Blackstone (BX).

Kulicke and Soffa Industries' stock is owned by many different retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (5.14%), American Century Companies Inc. (4.97%), Copeland Capital Management LLC (2.14%), Ameriprise Financial Inc. (1.45%), William Blair Investment Management LLC (1.29%) and Morgan Stanley (1.25%). Insiders that own company stock include Chan Pin Chong, Chin Hu Lim, Fusen Ernie Chen, Gregory F Milzcik, Lester A Wong, Nelson Munpun Wong, Robert Nestor Chylak, Stephen Ray Drake and Zamir Shai Soloveizik.
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Shares of KLIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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