NASDAQ:KLICKulicke and Soffa Industries Stock Price, Forecast & News

Kulicke and Soffa Industries' stock was trading at $20.65 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, KLIC shares have increased by 2.7% and is now trading at $21.21. View which stocks have been most impacted by Coronavirus.

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.

Kulicke and Soffa Industries is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Kulicke and Soffa Industries.

Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) announced its earnings results on Wednesday, April, 29th. The semiconductor company reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.04. The semiconductor company earned $150.74 million during the quarter, compared to analyst estimates of $144.30 million. Kulicke and Soffa Industries had a net margin of 5.88% and a return on equity of 5.47%. View Kulicke and Soffa Industries' earnings history.

Kulicke and Soffa Industries declared a quarterly dividend on Friday, May 29th. Investors of record on Friday, June 26th will be paid a dividend of $0.12 per share on Monday, July 13th. This represents a $0.48 annualized dividend and a dividend yield of 2.26%. The ex-dividend date is Thursday, June 25th. View Kulicke and Soffa Industries' dividend history.

Kulicke and Soffa Industries declared that its board has authorized a share buyback plan on Thursday, January 31st 2019, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 6.8% of its shares through open market purchases. Shares buyback plans are often a sign that the company's management believes its stock is undervalued.

3 equities research analysts have issued twelve-month price objectives for Kulicke and Soffa Industries' shares. Their forecasts range from $27.00 to $30.00. On average, they expect Kulicke and Soffa Industries' share price to reach $29.00 in the next twelve months. This suggests a possible upside of 36.7% from the stock's current price. View analysts' price targets for Kulicke and Soffa Industries.

News headlines about KLIC stock have been trending somewhat positive on Saturday, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kulicke and Soffa Industries earned a news sentiment score of 1.2 on InfoTrie's scale. They also assigned media headlines about the semiconductor company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View the latest news about Kulicke and Soffa Industries.

Kulicke and Soffa Industries saw a increase in short interest in June. As of June 15th, there was short interest totaling 1,350,000 shares, an increase of 13.4% from the May 31st total of 1,190,000 shares. Based on an average trading volume of 457,800 shares, the days-to-cover ratio is presently 2.9 days. Currently, 2.2% 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 First Solar (FSLR), SUMCO CORP/ADR (SUOPY), Silicon Laboratories (SLAB), Lattice Semiconductor (LSCC), Cabot Microelectronics (CCMP), Cirrus Logic (CRUS), BE Semiconductor Industrs (BESIY), Power Integrations (POWI), Semtech (SMTC), Dialog Semiconductor (DLGNF), Amkor Technology (AMKR), AU Optronics (AUOTY), AU Optronics (AUO), Viavi Solutions (VIAV) and Acacia Communications (ACIA). View all 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), Energy Transfer LP Unit (ET), Ford Motor (F), Intel (INTC), Lam Research (LRCX), AbbVie (ABBV) and Gilead Sciences (GILD).

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of KLIC stock can currently be purchased for approximately $21.21.

Kulicke and Soffa Industries has a market capitalization of $1.32 billion and generates $540.05 million in revenue each year. The semiconductor company earns $11.65 million in net income (profit) each year or $0.46 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]