Kulicke and Soffa Industries Stock Forecast, Price & 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 84.4% and is now trading at $38.08.
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3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kulicke and Soffa Industries in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Kulicke and Soffa Industries stock.
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Kulicke and Soffa Industries is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Kulicke and Soffa Industries.

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) issued its earnings results on Tuesday, November, 17th. The semiconductor company reported $0.29 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.31 by $0.02. The semiconductor company had revenue of $177.69 million for the quarter, compared to analysts' expectations of $177 million. Kulicke and Soffa Industries had a net margin of 8.39% and a return on equity of 7.92%.
View Kulicke and Soffa Industries' earnings history.

Kulicke and Soffa Industries announced a quarterly dividend on Thursday, December 10th. Investors of record on Thursday, December 24th will be paid a dividend of $0.14 per share on Monday, January 11th. This represents a $0.56 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date is Wednesday, December 23rd. This is an increase from Kulicke and Soffa Industries's previous quarterly dividend of $0.12.
View Kulicke and Soffa Industries' dividend history.

Kulicke and Soffa Industries pays an annual dividend of $0.56 per share and currently has a dividend yield of 1.50%. Kulicke and Soffa Industries does not yet have a strock track record of dividend growth. The dividend payout ratio of Kulicke and Soffa Industries is 58.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Kulicke and Soffa Industries will have a dividend payout ratio of 31.28% next year. This indicates that Kulicke and Soffa Industries will be able to sustain or increase its dividend.
View Kulicke and Soffa Industries' dividend history.

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

3 brokerages have issued twelve-month price targets for Kulicke and Soffa Industries' shares. Their forecasts range from $27.00 to $44.00. On average, they anticipate Kulicke and Soffa Industries' share price to reach $35.25 in the next twelve months. This suggests that the stock has a possible downside of 7.4%.
View analysts' price targets for Kulicke and Soffa Industries or view Wall Street analyst' top-rated stocks.

Kulicke and Soffa Industries saw a decrease in short interest during the month of December. As of December 31st, there was short interest totaling 957,400 shares, a decrease of 22.2% from the December 15th total of 1,230,000 shares. Based on an average trading volume of 541,400 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.6% of the company's shares are short sold.
View Kulicke and Soffa Industries' Short Interest.

Some companies that are related to Kulicke and Soffa Industries include Inphi (IPHI), Sumco (SUOPY), Allegro MicroSystems (ALGM), Silicon Laboratories (SLAB), Lattice Semiconductor (LSCC), Cirrus Logic (CRUS), Power Integrations (POWI), SunPower (SPWR), Daqo New Energy (DQ), BE Semiconductor Industries (BESIY), AU Optronics (AUOTY), AU Optronics (AUO), Semtech (SMTC), Acacia Communications (ACIA) and CMC Materials (CCMP).
View all of KLIC's 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), Intel (INTC), Energy Transfer (ET), Lam Research (LRCX), Netflix (NFLX), AbbVie (ABBV) and The Blackstone Group (BX).

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 State of Alaska Department of Revenue (0.08%), Dalton Greiner Hartman Maher & Co. (0.06%) and Central Bank & Trust Co. (0.00%). Company insiders that own Kulicke and Soffa Industries stock include Brian R Bachman, Chan Pin Chong, Nelson Munpun Wong, Peter T M Kong and Zamir Shai Soloveizik.
View institutional ownership trends for Kulicke and Soffa Industries.

KLIC stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., and State of Alaska Department of Revenue. Company insiders that have sold Kulicke and Soffa Industries company stock in the last year include Chan Pin Chong, Nelson Munpun Wong, and Zamir Shai Soloveizik.
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KLIC stock was bought by a variety of institutional investors in the last quarter, including Central Bank & Trust Co..
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Shares of KLIC 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.

One share of KLIC stock can currently be purchased for approximately $38.08.

Kulicke and Soffa Industries has a market capitalization of $2.36 billion and generates $623.18 million in revenue each year. The semiconductor company earns $52.30 million in net income (profit) each year or $0.95 on an earnings per share basis. Kulicke and Soffa Industries employs 2,836 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]