NASDAQ:KLICKulicke and Soffa Industries Stock Price, Forecast & News

Kulicke and Soffa Industries' stock was trading at $20.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, KLIC stock has increased by 6.0% and is now trading at $21.88. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kulicke and Soffa Industries in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Kulicke and Soffa Industries.

Kulicke and Soffa Industries is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Kulicke and Soffa Industries.

Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) released its quarterly earnings data on Wednesday, April, 29th. The semiconductor company reported $0.22 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.18 by $0.04. The semiconductor company had revenue of $150.74 million for the quarter, compared to the consensus estimate of $144.30 million. Kulicke and Soffa Industries had a return on equity of 5.47% and a net margin of 5.88%. View Kulicke and Soffa Industries' earnings history.

Kulicke and Soffa Industries declared a quarterly dividend on Friday, May 29th. Investors of record on Friday, June 26th will be paid a dividend of $0.12 per share on Monday, July 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date is Thursday, June 25th. View Kulicke and Soffa Industries' dividend history.

Kulicke and Soffa Industries announced that its Board of Directors has authorized a stock repurchase program on Thursday, January 31st 2019, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 6.8% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.

3 equities research analysts have issued twelve-month price objectives for Kulicke and Soffa Industries' shares. Their forecasts range from $27.00 to $30.00. On average, they anticipate Kulicke and Soffa Industries' share price to reach $29.00 in the next twelve months. This suggests a possible upside of 32.5% from the stock's current price. View analysts' price targets for Kulicke and Soffa Industries.

Media coverage about KLIC stock has been trending negative recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kulicke and Soffa Industries earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave press coverage about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Kulicke and Soffa Industries.

Kulicke and Soffa Industries saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,230,000 shares, a decrease of 8.9% from the June 15th total of 1,350,000 shares. Based on an average trading volume of 430,000 shares, the short-interest ratio is currently 2.9 days. Approximately 2.0% of the company's stock are sold short. View Kulicke and Soffa Industries' Current Options Chain.

Some companies that are related to Kulicke and Soffa Industries include SUMCO CORP/ADR (SUOPY), Silicon Laboratories (SLAB), Cabot Microelectronics (CCMP), Lattice Semiconductor (LSCC), Dialog Semiconductor (DLGNF), Cirrus Logic (CRUS), BE Semiconductor Industrs (BESIY), Power Integrations (POWI), Semtech (SMTC), AU Optronics (AUOTY), AU Optronics (AUO), Amkor Technology (AMKR), Viavi Solutions (VIAV), Acacia Communications (ACIA) and Diodes (DIOD). View all competitors.

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), Energy Transfer LP Unit (ET), Ford Motor (F), Intel (INTC), Lam Research (LRCX), AbbVie (ABBV) and Gilead Sciences (GILD).

Kulicke and Soffa Industries trades on the NASDAQ under the ticker symbol "KLIC."

Shares of KLIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of KLIC stock can currently be purchased for approximately $21.88.

Kulicke and Soffa Industries has a market capitalization of $1.37 billion and generates $540.05 million in revenue each year. The semiconductor company earns $11.65 million in net income (profit) each year or $0.46 on an earnings per share basis. Kulicke and Soffa Industries employs 2,614 workers across the globe.

The official website for Kulicke and Soffa Industries is www.kns.com.

Kulicke and Soffa Industries' mailing address is 23A SERANGOON NORTH AVENUE 5 #01-01, SINGAPORE U0, 554369. The semiconductor company can be reached via phone at 215-784-6000 or via email at [email protected]