Analysts Set Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) PT at $59.25

Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report) has received an average rating of “Hold” from the six analysts that are covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $59.25.

A number of equities research analysts recently issued reports on KLIC shares. Needham & Company LLC upped their price objective on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Zacks Research lowered Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 7th. Finally, Weiss Ratings raised Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th.

Read Our Latest Analysis on KLIC

Kulicke and Soffa Industries Stock Down 1.8%

NASDAQ KLIC opened at $97.22 on Friday. The stock has a market capitalization of $5.09 billion, a PE ratio of 93.48 and a beta of 1.62. Kulicke and Soffa Industries has a 12-month low of $31.32 and a 12-month high of $135.80. The company has a 50 day moving average price of $110.75 and a two-hundred day moving average price of $82.73.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.67 by $0.12. The company had revenue of $242.62 million for the quarter, compared to analyst estimates of $228.75 million. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. Kulicke and Soffa Industries’s quarterly revenue was up 49.8% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.52) EPS. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, equities analysts anticipate that Kulicke and Soffa Industries will post 2.85 EPS for the current year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Thursday, June 18th were issued a dividend of $0.205 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.8%. Kulicke and Soffa Industries’s dividend payout ratio is currently 78.85%.

Insiders Place Their Bets

In related news, SVP Nelson Munpun Wong sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $113.72, for a total value of $1,705,800.00. Following the completion of the sale, the senior vice president directly owned 71,369 shares in the company, valued at approximately $8,116,082.68. The trade was a 17.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mui Sung Yeo sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $100.00, for a total value of $2,000,000.00. Following the sale, the director directly owned 59,197 shares of the company’s stock, valued at $5,919,700. The trade was a 25.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 98,051 shares of company stock worth $11,333,480 in the last three months. 1.20% of the stock is owned by insiders.

Institutional Trading of Kulicke and Soffa Industries

Several large investors have recently modified their holdings of KLIC. Nolet Wealth Management LLC acquired a new position in Kulicke and Soffa Industries in the 2nd quarter valued at $219,000. Fulton Bank N.A. acquired a new position in Kulicke and Soffa Industries during the 2nd quarter worth $284,000. CoreCap Advisors LLC acquired a new position in Kulicke and Soffa Industries during the 2nd quarter worth $275,000. MassMutual Private Wealth & Trust FSB boosted its holdings in Kulicke and Soffa Industries by 12.6% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 877 shares of the semiconductor company’s stock valued at $117,000 after acquiring an additional 98 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in Kulicke and Soffa Industries by 2,774.2% during the first quarter. NewEdge Advisors LLC now owns 891 shares of the semiconductor company’s stock valued at $59,000 after acquiring an additional 860 shares during the period. 98.22% of the stock is owned by institutional investors.

Kulicke and Soffa Industries Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Kulicke and Soffa Industries (NASDAQ:KLIC)

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