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

Kulicke and Soffa Industries' stock was trading at $20.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, KLIC stock has increased by 12.8% and is now trading at $23.29. 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) released its earnings results on Wednesday, April, 29th. The semiconductor company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.04. The semiconductor company had revenue of $150.74 million for the quarter, compared to analysts' expectations of $144.30 million. Kulicke and Soffa Industries had a return on equity of 5.47% and a net margin of 5.88%. View Kulicke and Soffa Industries' earnings history.

Kulicke and Soffa Industries announced a quarterly dividend on Friday, May 29th. Shareholders of record on Friday, June 26th will be given a dividend of $0.12 per share on Monday, July 13th. This represents a $0.48 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date of this dividend is Thursday, June 25th. View Kulicke and Soffa Industries' dividend history.

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

3 analysts have issued 1 year price targets 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 year. This suggests a possible upside of 24.5% from the stock's current price. View analysts' price targets for Kulicke and Soffa Industries.

Media stories about KLIC stock have been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Kulicke and Soffa Industries earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned news articles about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about Kulicke and Soffa Industries.

Kulicke and Soffa Industries saw a decline in short interest in June. As of June 30th, there was short interest totaling 1,230,000 shares, a decline of 8.9% from the June 15th total of 1,350,000 shares. Based on an average daily volume of 430,000 shares, the short-interest ratio is presently 2.9 days. Currently, 2.0% of the shares of the company are short sold. View Kulicke and Soffa Industries' Current Options Chain.

Some companies that are related to Kulicke and Soffa Industries include SUMCO CORP/ADR (SUOPY), Silicon Laboratories (SLAB), Lattice Semiconductor (LSCC), Cabot Microelectronics (CCMP), Dialog Semiconductor (DLGNF), Cirrus Logic (CRUS), Power Integrations (POWI), BE Semiconductor Industrs (BESIY), Semtech (SMTC), AU Optronics (AUOTY), AU Optronics (AUO), Amkor Technology (AMKR), Viavi Solutions (VIAV), Acacia Communications (ACIA) and Diodes (DIOD). 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."

Kulicke and Soffa Industries' stock is owned by a number of retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.38%), Skyline Asset Management LP (0.23%), Envestnet Asset Management Inc. (0.04%) and Contravisory Investment Management Inc. (0.01%). Company insiders that own Kulicke and Soffa Industries stock include Brian R Bachman, Deepak Sood 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 Envestnet Asset Management Inc.. View insider buying and selling activity for Kulicke and Soffa Industries.

KLIC stock was bought by a variety of institutional investors in the last quarter, including Skyline Asset Management LP, Contravisory Investment Management Inc., and Dalton Greiner Hartman Maher & 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 $23.29.

Kulicke and Soffa Industries has a market capitalization of $1.45 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]