NASDAQ:KLIC - Kulicke and Soffa Industries Stock Price, Price Target & More

Kulicke and Soffa Industries trades on the NASDAQ under the ticker symbol "KLIC."

Kulicke and Soffa Industries declared that its board has approved a share repurchase plan on Wednesday, August 16th 2017, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.4% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its stock is undervalued.

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) posted its quarterly earnings data on Thursday, May, 10th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.11. The semiconductor company earned $221.80 million during the quarter, compared to analyst estimates of $210.01 million. Kulicke and Soffa Industries had a return on equity of 16.70% and a net margin of 3.10%. During the same period last year, the company earned $0.40 EPS. View Kulicke and Soffa Industries' Earnings History.

Kulicke and Soffa Industries is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Kulicke and Soffa Industries.

4 Wall Street analysts have issued twelve-month target prices for Kulicke and Soffa Industries' shares. Their predictions range from $18.50 to $35.00. On average, they expect Kulicke and Soffa Industries' stock price to reach $28.1250 in the next twelve months. View Analyst Ratings for Kulicke and Soffa Industries.

Kulicke and Soffa Industries saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 895,395 shares, an increase of 37.1% from the April 30th total of 652,986 shares. Based on an average daily trading volume, of 942,526 shares, the days-to-cover ratio is presently 0.9 days. Approximately 1.3% of the shares of the company are short sold.

Some companies that are related to Kulicke and Soffa Industries include Semiconductor Manufacturing International (SMI), Cavium (CAVM), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), Siliconware Precision Industries (SPIL), Cree (CREE), Silicon Laboratories (SLAB), Mellanox Technologies (MLNX), Integrated Device Technology (IDTI), Advantest (ATEYY), AU Optronics (AUO), Semtech (SMTC), Cabot Microelectronics (CCMP), Besi (BESIY) and SolarEdge (SEDG).

News headlines about KLIC stock have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kulicke and Soffa Industries earned a media sentiment score of 0.18 on Accern's scale. They also gave media headlines about the semiconductor company an impact score of 45.33 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Kulicke and Soffa Industries' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.62%), Dimensional Fund Advisors LP (8.42%), LSV Asset Management (4.96%), Whale Rock Capital Management LLC (4.85%), Franklin Resources Inc. (4.29%) and Rubric Capital Management LP (1.18%). Company insiders that own Kulicke and Soffa Industries stock include Brian R Bachman, Fusen Ernie Chen, Garrett E Pierce, Irene Lee, Jonathan Chou, Lester A Wong, Nelson Munpun Wong and Yih-Neng Lee. View Institutional Ownership Trends for Kulicke and Soffa Industries.

KLIC stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, State of New Jersey Common Pension Fund D, Robeco Institutional Asset Management B.V., JPMorgan Chase & Co., Sensato Investors LLC, LSV Asset Management, GSA Capital Partners LLP and O Shaughnessy Asset Management LLC. Company insiders that have sold Kulicke and Soffa Industries company stock in the last year include Brian R Bachman and Garrett E Pierce. 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 Rubric Capital Management LP, Matarin Capital Management LLC, Point72 Asset Management L.P., BlackRock Inc., Franklin Resources Inc., Olstein Capital Management L.P., Arnhold LLC and Russell Investments Group Ltd.. 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, Scottrade, Fidelity and Charles Schwab.

One share of KLIC stock can currently be purchased for approximately $22.55.

Kulicke and Soffa Industries has a market capitalization of $1.59 billion and generates $809 million in revenue each year. The semiconductor company earns $112.01 million in net income (profit) each year or $1.55 on an earnings per share basis. Kulicke and Soffa Industries employs 3,055 workers across the globe.

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]