Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Kulicke and Soffa Industries (KLIC) Share Price
News articles about Kulicke and Soffa Industries (NASDAQ:KLIC) have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kulicke and Soffa Industries earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned news headlines about the semiconductor company an impact score of 47.0431892090117 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern Sentiment’s analysis:
- Arizona State Retirement System Purchases 81,801 Shares of Kulicke and Soffa Industries Inc. (KLIC) (americanbankingnews.com)
- Kulicke and Soffa Industries Inc. (KLIC) Expected to Post Quarterly Sales of $210.00 Million (americanbankingnews.com)
- Top Ranked Growth Stocks to Buy for February 27th (zacks.com)
- Spark Investment Management LLC Cuts Stake in Kulicke and Soffa Industries Inc. (KLIC) (americanbankingnews.com)
- Kulicke and Soffa Industries Inc. (KLIC) Position Reduced by Capital Investment Counsel Inc (americanbankingnews.com)
Kulicke and Soffa Industries (NASDAQ:KLIC) opened at $22.97 on Monday. The firm has a market capitalization of $1,621.95, a price-to-earnings ratio of 63.81, a price-to-earnings-growth ratio of 0.86 and a beta of 1.30. The company has a quick ratio of 5.08, a current ratio of 5.72 and a debt-to-equity ratio of 0.02. Kulicke and Soffa Industries has a fifty-two week low of $18.22 and a fifty-two week high of $28.71.
KLIC has been the subject of several recent research reports. B. Riley restated a “buy” rating and issued a $31.00 price target on shares of Kulicke and Soffa Industries in a research note on Monday, November 13th. DA Davidson boosted 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 boosted 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. BidaskClub downgraded Kulicke and Soffa Industries from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, December 5th. Finally, ValuEngine upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. One investment analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and two have assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $28.38.
ILLEGAL ACTIVITY WARNING: This story was published by Watch List News and is the property of of Watch List News. If you are accessing this story on another site, it was copied illegally and republished in violation of international trademark and copyright law. The original version of this story can be viewed at https://www.watchlistnews.com/somewhat-favorable-press-coverage-somewhat-unlikely-to-affect-kulicke-and-soffa-industries-klic-share-price/1909148.html.
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.
Receive News & Ratings for Kulicke and Soffa Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kulicke and Soffa Industries and related companies with MarketBeat.com's FREE daily email newsletter.