Kulicke and Soffa Industries (NASDAQ:KLIC) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $93.26 and traded as high as $101.87. Kulicke and Soffa Industries shares last traded at $100.77, with a volume of 560,470 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms have recently commented on KLIC. Needham & Company LLC boosted their target price on shares of Kulicke and Soffa Industries from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Kulicke and Soffa Industries in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $69.67.

Kulicke and Soffa Industries Stock Performance

The firm has a 50 day simple moving average of $87.70 and a two-hundred day simple moving average of $93.26. The firm has a market capitalization of $5.27 billion, a P/E ratio of 46.44 and a beta of 1.55.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.06 by $0.14. The firm had revenue of $330.41 million for the quarter, compared to the consensus estimate of $308.50 million. Kulicke and Soffa Industries had a net margin of 12.18% and a return on equity of 14.39%. The business’s revenue for the quarter was up 122.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.07 EPS. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. Sell-side analysts anticipate that Kulicke and Soffa Industries, Inc. will post 3.38 earnings per share for the current year.

Kulicke and Soffa Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Thursday, September 17th will be given a $0.2050 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, September 17th. Kulicke and Soffa Industries’s dividend payout ratio is presently 37.79%.

Hedge Funds Weigh In On Kulicke and Soffa Industries

Several hedge funds have recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. bought a new position in shares of Kulicke and Soffa Industries in the second quarter valued at approximately $286,000. Sequoia Financial Advisors LLC grew its stake in Kulicke and Soffa Industries by 65.3% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 5,875 shares of the semiconductor company’s stock valued at $786,000 after purchasing an additional 2,321 shares during the period. Tidal Investments LLC increased its position in shares of Kulicke and Soffa Industries by 256.7% during the 2nd quarter. Tidal Investments LLC now owns 26,464 shares of the semiconductor company’s stock valued at $3,540,000 after purchasing an additional 19,045 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Kulicke and Soffa Industries during the 2nd quarter worth $302,000. Finally, NewEdge Advisors LLC grew its position in Kulicke and Soffa Industries by 124.7% during the second quarter. NewEdge Advisors LLC now owns 2,002 shares of the semiconductor company’s stock valued at $268,000 after buying an additional 1,111 shares during the period. Institutional investors own 98.22% of the company’s stock.

About Kulicke and Soffa Industries

Kulicke and Soffa Industries, Inc (NASDAQ: KLIC) develops and manufactures semiconductor and electronic assembly equipment. Its products are used in the back-end manufacturing stage, where semiconductor devices are assembled, connected, and packaged for use in electronic products.

The company’s offerings include ball bonders, wedge bonders, die attach equipment, advanced packaging systems, and related tools and consumables. These solutions support applications such as power semiconductors, automotive electronics, communications equipment, integrated circuits, light-emitting diodes, and other semiconductor devices.

Founded in 1951, Kulicke and Soffa serves semiconductor manufacturers, outsourced semiconductor assembly and test providers, and electronics producers worldwide.