Brokerages expect Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) to announce $0.19 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Kulicke and Soffa Industries’ earnings, with the lowest EPS estimate coming in at $0.15 and the highest estimate coming in at $0.23. Kulicke and Soffa Industries reported earnings of $0.51 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 62.7%. The business is expected to issue its next earnings results on Wednesday, January 30th.

On average, analysts expect that Kulicke and Soffa Industries will report full year earnings of $1.60 per share for the current financial year, with EPS estimates ranging from $1.20 to $2.00. For the next year, analysts anticipate that the firm will post earnings of $2.44 per share, with EPS estimates ranging from $2.40 to $2.47. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that follow Kulicke and Soffa Industries.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings data on Monday, November 19th. The semiconductor company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.11. Kulicke and Soffa Industries had a net margin of 6.40% and a return on equity of 19.12%. The business had revenue of $184.82 million during the quarter, compared to analysts’ expectations of $185.00 million. During the same period last year, the company posted $0.51 EPS. The business’s revenue was down 14.4% on a year-over-year basis.

KLIC has been the subject of a number of recent research reports. BidaskClub raised shares of Kulicke and Soffa Industries from a “strong sell” rating to a “sell” rating in a research note on Tuesday, October 16th. ValuEngine cut shares of Kulicke and Soffa Industries from a “hold” rating to a “sell” rating in a research note on Wednesday, October 3rd. Zacks Investment Research cut shares of Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, August 14th. DA Davidson dropped their price objective on shares of Kulicke and Soffa Industries to $32.00 and set a “buy” rating for the company in a research note on Tuesday, November 20th. Finally, Craig Hallum initiated coverage on shares of Kulicke and Soffa Industries in a research note on Tuesday, November 20th. They issued a “buy” rating and a $30.00 price objective for the company. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $29.00.

Shares of NASDAQ:KLIC traded down $0.46 on Thursday, reaching $20.33. The company’s stock had a trading volume of 542,100 shares, compared to its average volume of 676,899. Kulicke and Soffa Industries has a 52-week low of $17.40 and a 52-week high of $28.69. The stock has a market capitalization of $1.40 billion, a P/E ratio of 8.37, a PEG ratio of 1.08 and a beta of 1.27. The company has a quick ratio of 5.01, a current ratio of 5.67 and a debt-to-equity ratio of 0.02.

In other news, Director Peter T. M. Kong bought 5,000 shares of the stock in a transaction dated Tuesday, November 27th. The stock was purchased at an average price of $20.51 per share, for a total transaction of $102,550.00. Following the acquisition, the director now owns 51,437 shares of the company’s stock, valued at $1,054,972.87. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.40% of the stock is currently owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the company. Itau Unibanco Holding S.A. bought a new stake in shares of Kulicke and Soffa Industries in the 2nd quarter worth about $119,000. Allianz Asset Management GmbH bought a new stake in shares of Kulicke and Soffa Industries in the 1st quarter worth about $204,000. Value Holdings Management CO. LLC bought a new stake in shares of Kulicke and Soffa Industries in the 2nd quarter worth about $214,000. Fox Run Management L.L.C. bought a new stake in shares of Kulicke and Soffa Industries in the 3rd quarter worth about $260,000. Finally, Juncture Wealth Strategies LLC bought a new stake in shares of Kulicke and Soffa Industries in the 3rd quarter worth about $283,000. Hedge funds and other institutional investors own 86.43% of the company’s stock.

Kulicke and Soffa Industries Company Profile

Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and expendable tools to assemble semiconductor devices. It operates in two segments, Capital Equipment, and Aftermarket Products and Services (APS). The Capital Equipment segment manufactures and sells a line of ball bonders, wafer level bonders, wedge bonders, advanced packaging, and electronic assembly solutions.

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Earnings History and Estimates for Kulicke and Soffa Industries (NASDAQ:KLIC)

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