Kulicke and Soffa Industries - KLIC Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kulicke and Soffa Industries in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Kulicke and Soffa Industries stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KLIC, but not buy additional shares or sell existing shares.
View analyst ratings for Kulicke and Soffa Industries or view top-rated stocks.

3 equities research analysts have issued 12-month price objectives for Kulicke and Soffa Industries' shares. Their KLIC stock forecasts range from $50.00 to $100.00. On average, they predict Kulicke and Soffa Industries' stock price to reach $76.00 in the next twelve months. This suggests a possible upside of 50.6% from the stock's current price.
View analysts' price targets for Kulicke and Soffa Industries or view top-rated stocks among Wall Street analysts.

Kulicke and Soffa Industries' stock was trading at $60.54 on January 1st, 2022. Since then, KLIC shares have decreased by 16.6% and is now trading at $50.48.
View the best growth stocks for 2022 here.

Kulicke and Soffa Industries is scheduled to release its next quarterly earnings announcement on Wednesday, November 16th 2022.
View our earnings forecast for Kulicke and Soffa Industries.

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) released its quarterly earnings data on Wednesday, August, 3rd. The semiconductor company reported $2.09 EPS for the quarter, topping the consensus estimate of $1.55 by $0.54. Kulicke and Soffa Industries had a net margin of 29.50% and a trailing twelve-month return on equity of 45.08%. During the same quarter last year, the business posted $1.87 earnings per share.

Kulicke and Soffa Industries announced a quarterly dividend on Tuesday, June 7th. Stockholders of record on Thursday, June 23rd will be given a dividend of $0.17 per share on Monday, July 11th. This represents a $0.68 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date is Wednesday, June 22nd.
View Kulicke and Soffa Industries' dividend history.

Kulicke and Soffa Industries(NASDAQ:KLIC) pays an annual dividend of $0.68 per share and currently has a dividend yield of 1.35%. Kulicke and Soffa Industries has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Kulicke and Soffa Industries is 8.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Kulicke and Soffa Industries will have a dividend payout ratio of 10.68% next year. This indicates that Kulicke and Soffa Industries will be able to sustain or increase its dividend.
View Kulicke and Soffa Industries' dividend history.

Kulicke and Soffa Industries declared that its board has authorized a stock buyback plan on Thursday, March 3rd 2022, which allows the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 13.6% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership believes its shares are undervalued.

Kulicke and Soffa Industries updated its fourth quarter earnings guidance on Wednesday, August, 3rd. The company provided EPS guidance of ~$0.84-1.02 for the period, compared to the consensus estimate of $1.51. The company issued revenue guidance of ~$260-300 million, compared to the consensus revenue estimate of $362.20 million.

31 employees have rated Kulicke and Soffa Industries CEO Fusen Chen on Glassdoor.com. Fusen Chen has an approval rating of 88% among Kulicke and Soffa Industries' 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 trades on the NASDAQ under the ticker symbol "KLIC."

Kulicke and Soffa Industries' stock is owned by many different institutional and retail investors. Top institutional investors include Royce & Associates LP (3.61%), Victory Capital Management Inc. (2.70%), Copeland Capital Management LLC (1.57%), Russell Investments Group Ltd. (0.98%), Paradigm Capital Management Inc. NY (0.54%) and Olstein Capital Management L.P. (0.33%). Company insiders that own Kulicke and Soffa Industries stock include Brian R Bachman, 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.
View institutional ownership trends for Kulicke and Soffa Industries.

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.
Compare Top Brokerages Here.

One share of KLIC stock can currently be purchased for approximately $50.48.

Kulicke and Soffa Industries (NASDAQ:KLIC) has a market capitalization of $2.98 billion and generates $1.52 billion in revenue each year. The semiconductor company earns $367.16 million in net income (profit) each year or $8.06 on an earnings per share basis.

Kulicke and Soffa Industries employs 3,586 workers across the globe.

Kulicke and Soffa Industries' mailing address is 23A SERANGOON NORTH AVENUE 5 #01-01, SINGAPORE U0, 554369. The official website for Kulicke and Soffa Industries is www.kns.com. The semiconductor company can be reached via phone at (215) 784-6000, via email at jelgindy@kns.com, or via fax at 65-6880-9580.