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 announced a quarterly dividend on Wednesday, August 7th. Shareholders of record on Friday, September 27th will be given a dividend of $0.12 per share on Monday, October 14th. This represents a $0.48 annualized dividend and a yield of 2.09%. The ex-dividend date is Thursday, September 26th. View Kulicke and Soffa Industries' Dividend History.

Kulicke and Soffa Industries declared that its Board of Directors has initiated a share repurchase plan 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 repurchase up to 6.8% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) announced its earnings results on Thursday, August, 1st. The semiconductor company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.01. The semiconductor company had revenue of $127.11 million for the quarter, compared to analysts' expectations of $128.70 million. Kulicke and Soffa Industries had a return on equity of 6.21% and a net margin of 5.96%. The firm's quarterly revenue was down 52.7% on a year-over-year basis. During the same period last year, the company posted $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 issued an update on its fourth quarter 2019 earnings guidance on Thursday, August, 1st. The company provided earnings per share (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 analysts have issued 12-month target prices for Kulicke and Soffa Industries' stock. Their forecasts range from $22.00 to $30.00. On average, they anticipate Kulicke and Soffa Industries' share price to reach $26.50 in the next twelve months. 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 stories about KLIC stock have trended somewhat negative on Saturday, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Kulicke and Soffa Industries earned a media sentiment score of -1.5 on InfoTrie's scale. They also gave news headlines 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 stock's share price in the next few days. View News Stories for Kulicke and Soffa Industries.

Kulicke and Soffa Industries saw a decrease in short interest in 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 daily trading volume, of 424,800 shares, the short-interest ratio is presently 5.5 days. Currently, 3.8% of the shares of the stock are sold short. View Kulicke and Soffa Industries' Current Options Chain.

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

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 institutional and retail investors. Top institutional investors 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 purchased 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]