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 reached pandemic status according to the World Health Organization (WHO). Since then, KLIC stock has increased by 10.2% and is now trading at $22.76. 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) issued its earnings results on Wednesday, April, 29th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.04. The semiconductor company earned $150.74 million during the quarter, compared to the consensus estimate 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 paid a dividend of $0.12 per share on Monday, July 13th. This represents a $0.48 annualized dividend and a dividend yield of 2.11%. 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 of Directors has approved a share buyback plan on Thursday, January 31st 2019, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 6.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its shares are undervalued.

3 brokers have issued 12-month price targets for Kulicke and Soffa Industries' stock. Their forecasts range from $27.00 to $30.00. On average, they expect Kulicke and Soffa Industries' stock price to reach $29.00 in the next twelve months. This suggests a possible upside of 27.4% from the stock's current price. View analysts' price targets for Kulicke and Soffa Industries.

News headlines about KLIC stock have been trending neutral this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Kulicke and Soffa Industries earned a news sentiment score of 0.4 on InfoTrie's scale. They also assigned press coverage about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Kulicke and Soffa Industries.

Kulicke and Soffa Industries saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 1,230,000 shares, a drop of 8.9% from the June 15th total of 1,350,000 shares. Based on an average daily trading 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), Cirrus Logic (CRUS), Dialog Semiconductor (DLGNF), 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 many different 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 acquired 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 $22.76.

Kulicke and Soffa Industries has a market capitalization of $1.42 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]