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

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. Shareholders 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 2.08%. 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 approved a stock repurchase program on Thursday, January 31st 2019, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 6.8% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors 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 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.05 by $0.01. The semiconductor company had revenue of $127.11 million for the quarter, compared to analyst estimates of $128.70 million. Kulicke and Soffa Industries had a net margin of 5.96% and a return on equity of 6.21%. Kulicke and Soffa Industries's quarterly revenue was down 52.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $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 analysts have issued 1 year price targets for Kulicke and Soffa Industries' shares. Their predictions range from $22.00 to $30.00. On average, they anticipate Kulicke and Soffa Industries' stock price to reach $26.50 in the next year. This suggests a possible upside of 14.9% 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.

News coverage about KLIC stock has trended neutral on Friday, InfoTrie reports. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of 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 news sentiment score of 0.2 on InfoTrie's scale. They also assigned media coverage about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Kulicke and Soffa Industries.

Kulicke and Soffa Industries saw a decline in short interest in the month of September. As of September 15th, there was short interest totalling 2,330,000 shares, a decline of 9.0% from the August 15th total of 2,560,000 shares. Based on an average daily volume of 424,800 shares, the days-to-cover ratio is presently 5.5 days. Approximately 3.8% 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 First Solar (FSLR), Cree (CREE), United Microelectronics (UMC), Silicon Laboratories (SLAB), Cabot Microelectronics (CCMP), Solaredge Technologies (SEDG), SUMCO CORP/ADR (SUOPY), Dialog Semiconductor (DLGNF), Viavi Solutions (VIAV), Semtech (SMTC), Cirrus Logic (CRUS), Enphase Energy (ENPH), Inphi (IPHI), Finisar (FNSR) and Power Integrations (POWI).

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), Intel (INTC), Energy Transfer LP Unit (ET), Ford Motor (F), Blackstone Group (BX), AbbVie (ABBV) and Cisco Systems (CSCO).

Kulicke and Soffa Industries' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (0.51%), Dalton Greiner Hartman Maher & Co. (0.34%), State of Alaska Department of Revenue (0.08%), Envestnet Asset Management Inc. (0.05%), Pacer Advisors Inc. (0.03%) and Mission Wealth Management LP (0.02%). Company insiders that own Kulicke and Soffa Industries stock include Brian R Bachman, Deepak Sood, 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 Peregrine Capital Management LLC, Pacer Advisors Inc. and Financial Gravity Wealth Inc.. View Insider Buying and Selling for Kulicke and Soffa Industries.

KLIC stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Dalton Greiner Hartman Maher & Co., Mission Wealth Management LP and Envestnet Asset Management Inc.. 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, Robinhood, Fidelity and Charles Schwab.

One share of KLIC stock can currently be purchased for approximately $23.07.

Kulicke and Soffa Industries has a market capitalization of $1.46 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]