Kulicke and Soffa Industries (NASDAQ:KLIC) Reaches New 1-Year High – Time to Buy?

Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $86.17 and last traded at $85.20, with a volume of 506878 shares. The stock had previously closed at $83.92.

Analyst Ratings Changes

A number of research firms have recently issued reports on KLIC. Zacks Research lowered shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Weiss Ratings lowered shares of Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 6th. Needham & Company LLC upped their target price on shares of Kulicke and Soffa Industries from $64.00 to $70.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Finally, Wall Street Zen raised shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $50.50.

View Our Latest Analysis on KLIC

Kulicke and Soffa Industries Price Performance

The firm has a market cap of $4.46 billion, a PE ratio of -70.41 and a beta of 1.58. The stock’s fifty day moving average price is $69.96 and its 200-day moving average price is $55.45.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.11. The firm had revenue of $199.63 million for 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 company’s revenue was up 20.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 EPS. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. On average, sell-side analysts anticipate that Kulicke and Soffa Industries, Inc. will post 2.22 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The company 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 1.0%. Kulicke and Soffa Industries’s payout ratio is presently -67.77%.

Insider Activity

In other news, Director Mui Sung Yeo sold 19,143 shares of the business’s 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. The trade was a 19.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David Jeffrey Richardson sold 9,364 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $72.19, for a total transaction of $675,987.16. Following the transaction, the director directly owned 17,694 shares in the company, valued at approximately $1,277,329.86. The trade was a 34.61% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 76,405 shares of company stock worth $5,072,586. Insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. CIBC Asset Management Inc boosted its position in shares of Kulicke and Soffa Industries by 3.4% during the 4th quarter. CIBC Asset Management Inc now owns 5,231 shares of the semiconductor company’s stock valued at $238,000 after acquiring an additional 171 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in Kulicke and Soffa Industries by 2.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,556 shares of the semiconductor company’s stock valued at $344,000 after buying an additional 172 shares during the last quarter. Pallas Capital Advisors LLC lifted its position in Kulicke and Soffa Industries by 2.6% in the fourth quarter. Pallas Capital Advisors LLC now owns 7,368 shares of the semiconductor company’s stock valued at $336,000 after buying an additional 190 shares during the last quarter. ProShare Advisors LLC lifted its position in Kulicke and Soffa Industries by 2.0% in the fourth quarter. ProShare Advisors LLC now owns 9,926 shares of the semiconductor company’s stock valued at $452,000 after buying an additional 198 shares during the last quarter. Finally, HighTower Advisors LLC lifted its position in Kulicke and Soffa Industries by 3.0% in the fourth quarter. HighTower Advisors LLC now owns 6,929 shares of the semiconductor company’s stock valued at $316,000 after buying an additional 205 shares during the last quarter. Institutional investors and hedge funds own 98.22% of the company’s stock.

About Kulicke and Soffa Industries

(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.

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