Kulicke and Soffa Industries Stock Forecast, Price & News

4 Wall Street 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 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" Kulicke and Soffa Industries stock.
View analyst ratings for Kulicke and Soffa Industries or view top-rated stocks.

4 Wall Street research analysts have issued 12-month price targets for Kulicke and Soffa Industries' stock. Their KLIC stock forecasts range from $50.00 to $100.00. On average, they anticipate Kulicke and Soffa Industries' stock price to reach $79.00 in the next year. This suggests a possible upside of 102.5% 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 at the beginning of the year. Since then, KLIC shares have decreased by 35.6% and is now trading at $39.01.
View the best growth stocks for 2022 here.

Kulicke and Soffa Industries is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Kulicke and Soffa Industries.

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) posted its earnings results on Wednesday, May, 4th. The semiconductor company reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.48. The semiconductor company earned $384.28 million during the quarter, compared to analyst estimates of $380.25 million. Kulicke and Soffa Industries had a trailing twelve-month return on equity of 46.89% and a net margin of 28.33%. Kulicke and Soffa Industries's revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.26 EPS.
View Kulicke and Soffa Industries' earnings history.

Kulicke and Soffa Industries announced a quarterly dividend on Tuesday, June 7th. Investors 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 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend 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 1.59%. 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 8.65%. 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 10.27% 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 announced that its Board of Directors 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 buy up to 13.6% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

Kulicke and Soffa Industries updated its third quarter 2022 earnings guidance on Monday, May, 16th. The company provided earnings per share guidance of $1.38-$1.68 for the period, compared to the consensus earnings per share estimate of $1.39. The company issued revenue guidance of $345.00 million-$385.00 million, compared to the consensus revenue estimate of $376.08 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.

Some companies that are related to Kulicke and Soffa Industries include First Solar (FSLR), Lattice Semiconductor (LSCC), Dialog Semiconductor (DLGNF), AU Optronics (AUOTY), Daqo New Energy (DQ), CMC Materials (CCMP), Tower Semiconductor (TSEM), IPG Photonics (IPGP), Silicon Laboratories (SLAB), Synaptics (SYNA), Sumco (SUOPY), Power Integrations (POWI), Cirrus Logic (CRUS), Allegro MicroSystems (ALGM) and Amkor Technology (AMKR).
View all of KLIC's 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), 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."

Shares of KLIC 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 $39.01.

Kulicke and Soffa Industries (NASDAQ:KLIC) has a market capitalization of $2.31 billion and generates $1.52 billion in revenue each year. The semiconductor company earns $367.16 million in net income (profit) each year or $7.859990 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 [email protected], or via fax at 65-6880-9580.