Media stories about Kulicke and Soffa Industries (NASDAQ:KLIC) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kulicke and Soffa Industries earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave press coverage about the semiconductor company an impact score of 45.6493869813087 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
Shares of Kulicke and Soffa Industries (NASDAQ KLIC) opened at $24.69 on Thursday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.15 and a current ratio of 4.76. The stock has a market capitalization of $1,780.00, a PE ratio of 15.93, a price-to-earnings-growth ratio of 1.27 and a beta of 1.38. Kulicke and Soffa Industries has a twelve month low of $16.39 and a twelve month high of $28.71.
Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its earnings results on Tuesday, November 14th. The semiconductor company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.15. The company had revenue of $215.89 million for the quarter, compared to the consensus estimate of $208.20 million. Kulicke and Soffa Industries had a return on equity of 15.13% and a net margin of 16.85%. The firm’s quarterly revenue was up 48.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.15 EPS. equities analysts expect that Kulicke and Soffa Industries will post 1.69 earnings per share for the current year.
KLIC has been the subject of several research analyst reports. BidaskClub raised shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 6th. DA Davidson upped their price target on shares of Kulicke and Soffa Industries to $35.00 and gave the company a “buy” rating in a report on Wednesday, November 15th. Zacks Investment Research downgraded shares of Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. ValuEngine raised shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Finally, B. Riley reissued a “buy” rating and issued a $31.00 price target on shares of Kulicke and Soffa Industries in a report on Monday, November 13th. One analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and two have given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $27.38.
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About Kulicke and Soffa Industries
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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