Kulicke and Soffa Industries Stock Forecast, Price & News

Kulicke and Soffa Industries' stock was trading at $20.65 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, KLIC shares have increased by 50.6% and is now trading at $31.09.
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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 or view MarketBeat's top 5 stock picks.

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Kulicke and Soffa Industries is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Kulicke and Soffa Industries.

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) released its quarterly earnings data on Tuesday, November, 17th. The semiconductor company reported $0.29 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.31 by $0.02. The semiconductor company earned $177.69 million during the quarter, compared to the consensus estimate of $177 million. Kulicke and Soffa Industries had a net margin of 8.39% and a return on equity of 7.92%.
View Kulicke and Soffa Industries' earnings history.

Kulicke and Soffa Industries announced a quarterly dividend on Wednesday, August 26th. Stockholders of record on Friday, September 25th will be paid a dividend of $0.12 per share on Tuesday, October 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date of this dividend is Thursday, September 24th.
View Kulicke and Soffa Industries' dividend history.

Kulicke and Soffa Industries declared that its board has approved a stock buyback program on Thursday, January 31st 2019, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 6.8% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its shares are undervalued.

Kulicke and Soffa Industries issued an update on its fourth quarter 2020 Pre-Market earnings guidance on Tuesday, October, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $177-177 million, compared to the consensus revenue estimate of $166.04 million.

3 analysts have issued 1 year target prices for Kulicke and Soffa Industries' stock. Their forecasts range from $27.00 to $40.00. On average, they expect Kulicke and Soffa Industries' stock price to reach $33.75 in the next year. This suggests a possible upside of 8.6% from the stock's current price.
View analysts' price targets for Kulicke and Soffa Industries.

Kulicke and Soffa Industries saw a increase in short interest in October. As of October 30th, there was short interest totaling 1,220,000 shares, an increase of 17.3% from the October 15th total of 1,040,000 shares. Based on an average trading volume of 380,200 shares, the days-to-cover ratio is currently 3.2 days. Approximately 2.0% of the company's shares are short sold.
View Kulicke and Soffa Industries' Short Interest.

Some companies that are related to Kulicke and Soffa Industries include Sumco (SUOPY), Lattice Semiconductor (LSCC), Silicon Laboratories (SLAB), Cirrus Logic (CRUS), Allegro MicroSystems (ALGM), Semtech (SMTC), CMC Materials (CCMP), Power Integrations (POWI), AU Optronics (AUO), AU Optronics (AUOTY), BE Semiconductor Industries (BESIY), Dialog Semiconductor (DLGNF), Amkor Technology (AMKR), Diodes (DIOD) and SunPower (SPWR).
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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 The Blackstone Group (BX).

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

Kulicke and Soffa Industries' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.02%), Royce & Associates LP (5.10%), ARGA Investment Management LP (3.28%), Principal Financial Group Inc. (2.75%), Anatole Investment Management Ltd (2.73%) and Neumeier Poma Investment Counsel LLC (2.01%). Company insiders that own Kulicke and Soffa Industries stock include Brian R Bachman, Chan Pin Chong, Nelson Munpun Wong, Peter T M Kong and Zamir Shai Soloveizik.
View institutional ownership trends for Kulicke and Soffa Industries.

KLIC stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Wells Fargo & Company MN, AJO LP, BlackRock Inc., Dalton Greiner Hartman Maher & Co., ExodusPoint Capital Management LP, Raymond James & Associates, and Great West Life Assurance Co. Can. Company insiders that have sold Kulicke and Soffa Industries company stock in the last year include Brian R Bachman, Chan Pin Chong, Nelson Munpun Wong, and Zamir Shai Soloveizik.
View insider buying and selling activity for Kulicke and Soffa Industries.

KLIC stock was acquired by a variety of institutional investors in the last quarter, including Anatole Investment Management Ltd, Standard Life Aberdeen plc, Royce & Associates LP, Arrowstreet Capital Limited Partnership, Assenagon Asset Management S.A., Polar Capital LLP, Polar Capital LLP, and JPMorgan Chase & Co..
View insider buying and selling activity for Kulicke and Soffa Industries.

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 $31.09.

Kulicke and Soffa Industries has a market capitalization of $1.93 billion and generates $623.18 million in revenue each year. The semiconductor company earns $52.30 million in net income (profit) each year or $0.95 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]