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. 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 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date of this dividend is Thursday, September 26th. View Kulicke and Soffa Industries' Dividend History.

Kulicke and Soffa Industries declared that its Board of Directors has initiated a stock repurchase program on Thursday, January 31st 2019, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 6.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's management believes its shares are undervalued.

Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) announced its earnings results on Thursday, August, 1st. The semiconductor company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.05 by $0.01. The semiconductor company earned $127.11 million during 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 firm earned $0.89 earnings per share. 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 updated its fourth quarter 2019 earnings guidance on Thursday, August, 1st. The company provided EPS 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 equities research analysts have issued 12-month price objectives for Kulicke and Soffa Industries' shares. Their predictions range from $22.00 to $30.00. On average, they expect Kulicke and Soffa Industries' stock price to reach $26.50 in the next year. This suggests a possible upside of 15.6% 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 coverage about KLIC stock has been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Kulicke and Soffa Industries earned a news sentiment score of 0.8 on InfoTrie's scale. They also assigned media headlines about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Kulicke and Soffa Industries.

Kulicke and Soffa Industries saw a decrease in short interest during the month of September. As of September 15th, there was short interest totalling 2,330,000 shares, a decrease of 9.0% from the August 15th total of 2,560,000 shares. Based on an average trading volume of 424,800 shares, the days-to-cover ratio is currently 5.5 days. Currently, 3.8% 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 First Solar (FSLR), United Microelectronics (UMC), Cree (CREE), 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), Finisar (FNSR), Inphi (IPHI) 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 bought 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 $22.93.

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