Kulicke and Soffa Industries - KLIC Stock Forecast, Price & News

3 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 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" KLIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KLIC, but not buy additional shares or sell existing shares.
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3 analysts have issued 12-month price objectives for Kulicke and Soffa Industries' stock. Their KLIC share price forecasts range from $50.00 to $100.00. On average, they predict the company's stock price to reach $76.00 in the next year. This suggests a possible upside of 51.7% from the stock's current price.
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Kulicke and Soffa Industries' stock was trading at $60.54 at the beginning of the year. Since then, KLIC shares have decreased by 17.2% and is now trading at $50.10.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 16th 2022.
View our KLIC earnings forecast.

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) posted its quarterly earnings results on Wednesday, August, 3rd. The semiconductor company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.54. Kulicke and Soffa Industries had a trailing twelve-month return on equity of 45.08% and a net margin of 29.50%. During the same period in the previous year, the business earned $1.87 earnings per share.

Kulicke and Soffa Industries announced a quarterly dividend on Tuesday, June 7th. Shareholders 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 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend is Wednesday, June 22nd.
Read our dividend analysis for KLIC.

Kulicke and Soffa Industries (NASDAQ:KLIC) pays an annual dividend of $0.68 per share and currently has a dividend yield of 1.36%. The company 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 is 8.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KLIC will have a dividend payout ratio of 16.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KLIC.

Kulicke and Soffa Industries announced that its board has authorized a share buyback 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 repurchase up to 13.6% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its shares are undervalued.

Kulicke and Soffa Industries issued an update on its fourth quarter 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share (EPS) guidance of $0.84-$1.02 for the period, compared to the consensus estimate of $1.56. The company issued revenue guidance of $260.00 million-$300.00 million, compared to the consensus revenue estimate of $369.20 million.

31 employees have rated Kulicke and Soffa Industries Chief Executive Officer Fusen Chen on Glassdoor.com. Fusen Chen has an approval rating of 88% among the company's employees.

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."

Kulicke and Soffa Industries' stock is owned by a variety of retail and institutional investors. Top institutional investors include Royce & Associates LP (3.61%), Victory Capital Management Inc. (2.70%), Copeland Capital Management LLC (1.57%), Northern Trust Corp (1.14%), William Blair Investment Management LLC (1.06%) and Russell Investments Group Ltd. (0.98%). Insiders that own company stock include Brian R Bachman, Chan Pin Chong, Chin Hu Lim, Fusen Ernie Chen, Gregory F Milzcik, Lester A Wong, Nelson Munpun Wong, Robert Nestor Chylak, Stephen Ray Drake and Zamir Shai Soloveizik.
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Shares of KLIC stock 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.
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One share of KLIC stock can currently be purchased for approximately $50.10.

Kulicke and Soffa Industries (NASDAQ:KLIC) has a market capitalization of $2.91 billion and generates $1.52 billion in revenue each year. The semiconductor company earns $367.16 million in net income (profit) each year or $8.06 on an earnings per share basis.

The company 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 the company is www.kns.com. The semiconductor company can be reached via phone at (215) 784-6000, via email at jelgindy@kns.com, or via fax at 65-6880-9580.