Kulicke and Soffa Industries (KLIC) Earning Somewhat Positive Press Coverage, Analysis Finds
News articles about Kulicke and Soffa Industries (NASDAQ:KLIC) have trended somewhat positive on Tuesday, according to Accern Sentiment. The research group rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Kulicke and Soffa Industries earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned media coverage about the semiconductor company an impact score of 45.7390270338132 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
- Kulicke and Soffa Industries, Inc. (KLIC) – Trendy Tech Stock of Yesterday – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Kulicke and Soffa Industries (KLIC) Upgraded to “Strong-Buy” at BidaskClub (americanbankingnews.com)
- Director of Kulicke & Soffa Industries Inc (NASDAQ:KLIC), Bachman Brian R, sells 400 shares worth $9,788 (empowerednews.net)
- Kulicke and Soffa Industries, Inc. (KLIC) stock trades 0.22% up from its SMA-50 – The Stocks News (press release) (thestocksnews.com)
A number of analysts have recently commented on KLIC shares. Zacks Investment Research lowered Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. B. Riley reissued a “buy” rating and set a $31.00 price target on shares of Kulicke and Soffa Industries in a research note on Monday, November 13th. DA Davidson lifted their price target on Kulicke and Soffa Industries to $35.00 and gave the company a “buy” rating in a research note on Wednesday, November 15th. Bank of America lifted their price target on Kulicke and Soffa Industries from $15.50 to $18.50 and gave the company an “underperform” rating in a research note on Wednesday, November 15th. Finally, BidaskClub lowered Kulicke and Soffa Industries from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, December 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $27.38.
Kulicke and Soffa Industries (KLIC) opened at $25.69 on Tuesday. Kulicke and Soffa Industries has a 1 year low of $16.17 and a 1 year high of $28.71. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.15 and a current ratio of 4.76. The stock has a market capitalization of $1,810.00, a PE ratio of 16.57, a PEG ratio of 1.27 and a beta of 1.38.
Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings data on Tuesday, November 14th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.15. Kulicke and Soffa Industries had a return on equity of 14.54% and a net margin of 13.85%. The company had revenue of $215.89 million during the quarter, compared to the consensus estimate of $208.20 million. During the same period last year, the company earned $0.15 earnings per share. The firm’s revenue was up 48.0% compared to the same quarter last year. research analysts predict that Kulicke and Soffa Industries will post 1.69 EPS for the current fiscal year.
Kulicke and Soffa Industries Company Profile
Kulicke and Soffa Industries, Inc designs, manufactures and sells capital equipment and expendable tools, as well as services, maintains, repairs and upgrades equipment, all used to assemble semiconductor devices. The Company supplies a range of bonding equipment. The Company operates through two segments: Equipment and Expendable Tools.
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