Kulicke and Soffa Industries (KLIC) Scheduled to Post Quarterly Earnings on Wednesday

Kulicke and Soffa Industries (NASDAQ:KLIC) is set to issue its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.24 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its earnings results on Thursday, February 1st. The semiconductor company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.26 by $0.04. The business had revenue of $171.19 million during the quarter, compared to the consensus estimate of $170.00 million. Kulicke and Soffa Industries had a net margin of 7.03% and a return on equity of 8.55%. During the same quarter in the previous year, the firm posted $0.37 EPS. On average, analysts expect Kulicke and Soffa Industries to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Kulicke and Soffa Industries Stock Performance

Shares of KLIC stock opened at $46.17 on Wednesday. The company has a market capitalization of $2.60 billion, a price-to-earnings ratio of 51.30 and a beta of 1.47. The company has a 50-day simple moving average of $48.69 and a 200 day simple moving average of $49.26. Kulicke and Soffa Industries has a 52 week low of $40.20 and a 52 week high of $60.20.

Kulicke and Soffa Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 9th. Shareholders of record on Monday, March 25th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.73%. The ex-dividend date of this dividend was Friday, March 22nd. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is 88.89%.

Analyst Ratings Changes

Separately, TheStreet cut shares of Kulicke and Soffa Industries from a “b-” rating to a “c” rating in a research note on Wednesday, January 31st.

Insiders Place Their Bets

In other Kulicke and Soffa Industries news, SVP Robert Nestor Chylak sold 8,771 shares of Kulicke and Soffa Industries stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $48.97, for a total value of $429,515.87. Following the completion of the sale, the senior vice president now owns 24,240 shares in the company, valued at approximately $1,187,032.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.03% of the company’s stock.

About Kulicke and Soffa Industries

Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices. It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS). The company offers ball bonding equipment, wafer level bonding equipment, wedge bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares and services for equipment.