Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Receives Consensus Rating of “Hold” from Brokerages
by Teresa Graham · The Cerbat GemShares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Get Free Report) have received a consensus rating of “Hold” from the six analysts that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $50.50.
Several equities analysts have recently commented on the company. Needham & Company LLC increased their target price on Kulicke and Soffa Industries from $64.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Wall Street Zen upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Weiss Ratings cut Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 6th. Finally, Zacks Research cut Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday.
Check Out Our Latest Report on KLIC
Insider Buying and Selling at Kulicke and Soffa Industries
In other news, Director Mui Sung Yeo sold 19,143 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $71.98, for a total transaction of $1,377,913.14. Following the transaction, the director owned 78,522 shares of the company’s stock, valued at approximately $5,652,013.56. This trade represents a 19.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, General Counsel Zi Yao Lim sold 1,000 shares of the stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $71.54, for a total transaction of $71,540.00. Following the transaction, the general counsel directly owned 22,714 shares in the company, valued at $1,624,959.56. The trade was a 4.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 106,605 shares of company stock valued at $6,780,486. Corporate insiders own 1.20% of the company’s stock.
Hedge Funds Weigh In On Kulicke and Soffa Industries
Large investors have recently added to or reduced their stakes in the company. Meeder Asset Management Inc. bought a new position in Kulicke and Soffa Industries during the fourth quarter worth $30,000. Advisory Services Network LLC bought a new position in Kulicke and Soffa Industries during the third quarter worth $29,000. Salomon & Ludwin LLC lifted its stake in Kulicke and Soffa Industries by 48.4% during the fourth quarter. Salomon & Ludwin LLC now owns 779 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 254 shares during the last quarter. Foster Dykema Cabot & Partners LLC bought a new position in Kulicke and Soffa Industries during the third quarter worth $33,000. Finally, Kestra Advisory Services LLC bought a new position in Kulicke and Soffa Industries in the fourth quarter worth about $39,000. 98.22% of the stock is currently owned by institutional investors.
Kulicke and Soffa Industries Price Performance
NASDAQ:KLIC opened at $76.80 on Friday. The firm has a 50-day moving average of $67.13 and a two-hundred day moving average of $52.87. The stock has a market cap of $4.02 billion, a P/E ratio of -63.47 and a beta of 1.58. Kulicke and Soffa Industries has a 1-year low of $28.11 and a 1-year high of $77.50.
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.11. The company had revenue of $199.63 million during the quarter, compared to analysts’ expectations of $190.03 million. Kulicke and Soffa Industries had a negative net margin of 9.40% and a negative return on equity of 1.13%. The firm’s revenue for the quarter was up 20.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.37 EPS. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. As a group, equities analysts expect that Kulicke and Soffa Industries will post 0.93 earnings per share for the current year.
Kulicke and Soffa Industries Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Thursday, March 19th were given a dividend of $0.205 per share. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $0.82 annualized dividend and a dividend yield of 1.1%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is presently -67.77%.
Kulicke and Soffa Industries Company Profile
Kulicke & Soffa Industries (NASDAQ:KLIC) is a global supplier of semiconductor and LED assembly equipment. The company specializes in the design, development and manufacture of advanced die bonding, wire bonding, flip-chip bumping and wafer-level packaging systems. Its solutions support a wide range of applications in consumer electronics, automotive, communications and other high-growth segments within the semiconductor and LED industries.
Key products include precision wire bonders for microelectronic packaging, die attach systems for chip placement, flip-chip bonders for advanced packaging architectures and LED packaging platforms that enable high-volume production of automotive and general-illumination LEDs.