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

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

Kulicke and Soffa Industries declared a quarterly dividend on Wednesday, August 7th. Investors of record on Friday, September 27th will be paid a dividend of $0.12 per share on Monday, October 14th. This represents a $0.48 annualized dividend and a yield of 2.41%. The ex-dividend date of this dividend is Thursday, September 26th. View Kulicke and Soffa Industries' Dividend History.

Kulicke and Soffa Industries announced that its board has authorized a share repurchase plan on Thursday, January 31st 2019, which allows the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 6.8% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its shares are undervalued.

Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) announced its quarterly earnings data on Thursday, August, 1st. The semiconductor company reported $0.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.01. The semiconductor company earned $127.11 million during the quarter, compared to analysts' expectations of $128.70 million. Kulicke and Soffa Industries had a return on equity of 6.21% and a net margin of 5.96%. The company's quarterly revenue was down 52.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.89 EPS. View Kulicke and Soffa Industries' Earnings History.

Kulicke and Soffa Industries is scheduled to release their next quarterly earnings announcement on Monday, November 18th 2019. View Earnings Estimates for Kulicke and Soffa Industries.

Kulicke and Soffa Industries issued an update on its fourth quarter 2019 earnings guidance on Thursday, August, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $130-150 million, compared to the consensus revenue estimate of $148.32 million.

4 Wall Street analysts have issued 12 month target prices for Kulicke and Soffa Industries' stock. Their predictions range from $22.00 to $30.00. On average, they expect Kulicke and Soffa Industries' share price to reach $26.50 in the next year. This suggests a possible upside of 33.0% from the stock's current price. View Analyst Price Targets for Kulicke and Soffa Industries.

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

Media stories about KLIC stock have trended positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Kulicke and Soffa Industries earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media headlines about the semiconductor company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the next few days. View News Stories for Kulicke and Soffa Industries.

Kulicke and Soffa Industries saw a decline in short interest during the month of July. As of July 31st, there was short interest totalling 2,734,500 shares, a decline of 12.6% from the June 30th total of 3,129,800 shares. Based on an average trading volume of 459,600 shares, the days-to-cover ratio is presently 5.9 days. Approximately 4.2% of the shares of the stock are short sold. View Kulicke and Soffa Industries' Current Options Chain.

Some companies that are related to Kulicke and Soffa Industries include Cree (CREE), United Microelectronics (UMC), Silicon Laboratories (SLAB), Enphase Energy (ENPH), Solaredge Technologies (SEDG), Dialog Semiconductor (DLGNF), Cabot Microelectronics (CCMP), SUMCO CORP/ADR (SUOPY), Cirrus Logic (CRUS), Viavi Solutions (VIAV), Inphi (IPHI), Semtech (SMTC), Finisar (FNSR), Lattice Semiconductor (LSCC) and Acacia Communications (ACIA).

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), Alibaba Group (BABA), AT&T (T), Energy Transfer LP Unit (ET), Intel (INTC), Lam Research (LRCX), AbbVie (ABBV), Blackstone Group (BX) and Ford Motor (F).

Kulicke and Soffa Industries' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.27%), LSV Asset Management (5.43%), Vanguard Group Inc. (4.11%), Invesco Ltd. (2.89%), Whale Rock Capital Management LLC (2.53%) and Renaissance Technologies LLC (2.26%). Company insiders that own Kulicke and Soffa Industries stock include Brian R Bachman, Deepak Sood, Garrett E Pierce, Gregory F Milzcik and Peter T M Kong. View Institutional Ownership Trends for Kulicke and Soffa Industries.

KLIC stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Renaissance Technologies LLC, TD Asset Management Inc., Royal Bank of Canada, BlackRock Inc., Neumeier Poma Investment Counsel LLC, D. E. Shaw & Co. Inc. and LSV Asset Management. View Insider Buying and Selling for Kulicke and Soffa Industries.

KLIC stock was bought by a variety of institutional investors in the last quarter, including Whale Rock Capital Management LLC, State of New Jersey Common Pension Fund D, ARGA Investment Management LP, Morgan Stanley, Invesco Ltd., Point72 Asset Management L.P., Jane Street Group LLC and Balter Liquid Alternatives LLC. Company insiders that have bought Kulicke and Soffa Industries stock in the last two years include Gregory F Milzcik and Peter T M Kong. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of KLIC stock can currently be purchased for approximately $19.92.

Kulicke and Soffa Industries has a market capitalization of $1.26 billion and generates $889.12 million in revenue each year. The semiconductor company earns $56.67 million in net income (profit) each year or $2.43 on an earnings per share basis. Kulicke and Soffa Industries employs 2,912 workers across the globe.View Additional Information About Kulicke and Soffa Industries.

The official website for Kulicke and Soffa Industries is http://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]