Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Stock Has Consensus Target Price of $69.67

Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) have been given an average rating of “Moderate Buy” by the five brokerages that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $69.67.

KLIC has been the subject of a number of research reports. Zacks Research raised shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 11th. Needham & Company LLC boosted their price objective on Kulicke and Soffa Industries from $105.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kulicke and Soffa Industries in a research report on Friday, August 7th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Summit Securities Group LLC acquired a new stake in Kulicke and Soffa Industries during the 1st quarter valued at $26,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Kulicke and Soffa Industries in the 2nd quarter worth $28,000. Kilter Group LLC purchased a new position in Kulicke and Soffa Industries in the 2nd quarter valued at about $42,000. USA Financial Formulas purchased a new position in Kulicke and Soffa Industries in the 1st quarter valued at about $44,000. Finally, GHP Investment Advisors Inc. purchased a new position in Kulicke and Soffa Industries in the 1st quarter valued at about $58,000. 98.22% of the stock is currently owned by hedge funds and other institutional investors.

Kulicke and Soffa Industries Stock Performance

KLIC opened at $88.47 on Friday. Kulicke and Soffa Industries has a 1 year low of $35.02 and a 1 year high of $135.80. The firm has a 50 day moving average price of $88.72 and a 200 day moving average price of $92.20. The company has a market cap of $4.63 billion, a PE ratio of 40.77 and a beta of 1.62.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.14. Kulicke and Soffa Industries had a net margin of 12.18% and a return on equity of 14.39%. The company had revenue of $330.41 million during the quarter, compared to the consensus estimate of $308.50 million. During the same period in the previous year, the firm earned $0.07 earnings per share. Kulicke and Soffa Industries’s revenue for the quarter was up 122.6% on a year-over-year basis. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. On average, sell-side analysts predict that Kulicke and Soffa Industries will post 3.38 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Thursday, September 17th will be paid a dividend of $0.2050 per share. The ex-dividend date is Thursday, September 17th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.9%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently 37.79%.

About Kulicke and Soffa Industries

Kulicke and Soffa Industries, Ltd. develops and manufactures equipment and tools used in semiconductor and electronic assembly. Its solutions support the packaging, interconnection and assembly of integrated circuits, light-emitting diodes and other electronic components.

The company’s product portfolio includes wire bonding systems, wedge bonders, die attach equipment, advanced packaging systems and related consumables. Its technologies are used in applications such as automotive electronics, consumer electronics, communications, computing, power semiconductors and optoelectronics.