Kulicke and Soffa Industries (KLIC) Receives Daily News Impact Rating of 0.19
News headlines about Kulicke and Soffa Industries (NASDAQ:KLIC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kulicke and Soffa Industries earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news stories about the semiconductor company an impact score of 45.8145484026149 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news stories that may have impacted Accern’s scoring:
- $0.26 EPS Expected for Kulicke and Soffa Industries Inc. (KLIC) This Quarter (americanbankingnews.com)
- Kulicke and Soffa Industries (KLIC) and Mattson Technology (MTSN) Financial Contrast (americanbankingnews.com)
- Kulicke & Soffa Industries, Inc. :KLIC-US: Earnings Analysis: Q4, 2017 By the Numbers : December 8, 2017 (finance.yahoo.com)
- Comparing ASML (ASML) and Kulicke and Soffa Industries (KLIC) (americanbankingnews.com)
- Kulicke & Soffa Netherlands Wins Best Customer Award (DISCA) (finance.yahoo.com)
Several brokerages have recently commented on KLIC. BidaskClub downgraded Kulicke and Soffa Industries from a “strong-buy” rating to a “buy” rating in a report on Tuesday, December 5th. B. Riley reaffirmed a “buy” rating and set a $34.00 target price on shares of Kulicke and Soffa Industries in a report on Monday, November 27th. Zacks Investment Research downgraded Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. ValuEngine raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Finally, DA Davidson upped their target price on Kulicke and Soffa Industries to $35.00 and gave the company a “buy” rating in a report on Wednesday, November 15th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Kulicke and Soffa Industries currently has a consensus rating of “Buy” and a consensus target price of $27.38.
Kulicke and Soffa Industries (KLIC) opened at $24.14 on Monday. The firm has a market capitalization of $1,704.38, a price-to-earnings ratio of 13.79, a P/E/G ratio of 1.06 and a beta of 1.38. Kulicke and Soffa Industries has a 52-week low of $15.80 and a 52-week high of $28.71. The company has a current ratio of 4.76, a quick ratio of 4.15 and a debt-to-equity ratio of 0.02.
Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings results on Tuesday, November 14th. The semiconductor company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.15. The firm had revenue of $215.89 million for the quarter, compared to analyst estimates of $208.20 million. Kulicke and Soffa Industries had a return on equity of 14.54% and a net margin of 13.85%. Kulicke and Soffa Industries’s quarterly revenue was up 48.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.15 earnings per share. equities analysts predict that Kulicke and Soffa Industries will post 1.69 EPS for the current fiscal year.
Kulicke and Soffa Industries declared that its board has authorized a stock repurchase plan on Tuesday, August 15th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the semiconductor company to purchase up to 7.4% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.
About Kulicke and Soffa Industries
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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