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

Kulicke and Soffa Industries' stock was trading at $20.65 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KLIC shares have increased by 1.1% and is now trading at $20.88. View which stocks have been mosted 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, May 7th 2020. View our earnings forecast for Kulicke and Soffa Industries.

Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) issued its quarterly earnings data on Wednesday, January, 29th. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.14 by $0.10. The semiconductor company had revenue of $144.30 million for the quarter, compared to the consensus estimate of $140 million. Kulicke and Soffa Industries had a return on equity of 3.65% and a net margin of 3.34%. View Kulicke and Soffa Industries' earnings history.

Kulicke and Soffa Industries declared a quarterly dividend on Friday, February 21st. Shareholders of record on Friday, March 27th will be paid a dividend of $0.12 per share on Monday, April 13th. This represents a $0.48 annualized dividend and a yield of 2.30%. The ex-dividend date of this dividend is Thursday, March 26th. View Kulicke and Soffa Industries' dividend history.

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

3 equities research analysts have issued 12 month price objectives for Kulicke and Soffa Industries' stock. Their forecasts range from $27.00 to $30.00. On average, they anticipate Kulicke and Soffa Industries' share price to reach $28.50 in the next twelve months. This suggests a possible upside of 36.5% from the stock's current price. View analysts' price targets for Kulicke and Soffa Industries.

News headlines about KLIC stock have been trending somewhat negative this week, according to InfoTrie. InfoTrie scores the sentiment of media coverage by analyzing 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 nearest to five being the most favorable. Kulicke and Soffa Industries earned a news impact score of -1.0 on InfoTrie's scale. They also assigned news coverage about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutKulicke and Soffa Industries.

Kulicke and Soffa Industries saw a decline in short interest in March. As of March 13th, there was short interest totaling 1,990,900 shares, a decline of 6.5% from the February 27th total of 2,130,000 shares. Based on an average daily volume of 446,400 shares, the days-to-cover ratio is currently 4.5 days. Currently, 3.2% of the company's shares are short sold. View Kulicke and Soffa Industries' Current Options Chain.

Some companies that are related to Kulicke and Soffa Industries include United Microelectronics (UMC), Solaredge Technologies (SEDG), Enphase Energy (ENPH), Cree (CREE), Silicon Laboratories (SLAB), Cirrus Logic (CRUS), SUMCO CORP/ADR (SUOPY), First Solar (FSLR), Inphi (IPHI), Cabot Microelectronics (CCMP), Power Integrations (POWI), Finisar (FNSR), Acacia Communications (ACIA), Viavi Solutions (VIAV) and Semtech (SMTC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Kulicke and Soffa Industries investors own include Micron Technology (MU), AT&T (T), Applied Materials (AMAT), Alibaba Group (BABA), Energy Transfer LP Unit (ET), Intel (INTC), Ford Motor (F), AbbVie (ABBV), Lam Research (LRCX) and NVIDIA (NVDA).

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 shareholders include Alliancebernstein L.P. (7.86%), Principal Financial Group Inc. (6.69%), Royce & Associates LP (5.02%), LSV Asset Management (2.24%), ARGA Investment Management LP (2.08%) and Renaissance Technologies LLC (1.55%). 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 LSV Asset Management, Renaissance Technologies LLC, UBS Group AG, Goldman Sachs Group Inc., Baird Financial Group Inc., Olstein Capital Management L.P., Thrivent Financial for Lutherans, and Arnhold LLC. 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 Norges Bank, Divisar Capital Management LLC, AJO LP, Neumeier Poma Investment Counsel LLC, Vident Investment Advisory LLC, Great West Life Assurance Co. Can, Spark Investment Management LLC, and Acadian Asset Management LLC. 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 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 $20.88.

Kulicke and Soffa Industries has a market capitalization of $1.33 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. 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]