Media stories about Kulicke and Soffa Industries (NASDAQ:KLIC) have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kulicke and Soffa Industries earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the semiconductor company an impact score of 46.9484447909256 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Kulicke and Soffa Industries (KLIC) opened at 19.16 on Friday. The company has a market capitalization of $1.36 billion, a PE ratio of 15.93 and a beta of 1.25. The firm’s 50-day moving average price is $20.68 and its 200 day moving average price is $20.65. Kulicke and Soffa Industries has a 1-year low of $11.29 and a 1-year high of $23.00.
Kulicke and Soffa Industries (NASDAQ:KLIC) last released its quarterly earnings results on Wednesday, August 2nd. The semiconductor company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.21. The firm had revenue of $243.90 million during the quarter, compared to analyst estimates of $245.02 million. Kulicke and Soffa Industries had a net margin of 11.61% and a return on equity of 11.88%. The business’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.45 EPS. Equities analysts predict that Kulicke and Soffa Industries will post $1.38 EPS for the current fiscal year.
KLIC has been the subject of several recent research reports. B. Riley reiterated a “buy” rating and issued a $31.00 price target on shares of Kulicke and Soffa Industries in a research note on Tuesday, July 4th. BidaskClub cut Kulicke and Soffa Industries from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 27th. ValuEngine upgraded Kulicke and Soffa Industries from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Finally, Zacks Investment Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “buy” rating and set a $26.00 target price for the company in a research note on Wednesday, May 3rd. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $28.50.
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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