Headlines about Kulicke and Soffa Industries (NASDAQ:KLIC) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Kulicke and Soffa Industries earned a news impact score of 0.12 on Accern’s scale. Accern also gave press coverage about the semiconductor company an impact score of 45.7010797967135 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Kulicke and Soffa Industries (KLIC) opened at $24.73 on Friday. The firm has a market capitalization of $1,746.04, a P/E ratio of 15.85, a price-to-earnings-growth ratio of 1.22 and a beta of 1.39. The company has a quick ratio of 4.15, a current ratio of 4.76 and a debt-to-equity ratio of 0.02. Kulicke and Soffa Industries has a 1-year low of $16.47 and a 1-year 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, topping the Zacks’ consensus estimate of $0.36 by $0.15. The business had revenue of $215.89 million during the quarter, compared to the consensus estimate of $208.20 million. Kulicke and Soffa Industries had a return on equity of 14.54% and a net margin of 13.85%. The firm’s revenue for the quarter was up 48.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.15 earnings per share. equities analysts anticipate that Kulicke and Soffa Industries will post 1.69 EPS for the current year.
A number of equities research analysts have weighed in on the company. BidaskClub upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Tuesday, December 19th. Bank of America lifted their target price on Kulicke and Soffa Industries from $15.50 to $18.50 and gave the stock an “underperform” rating in a report on Wednesday, November 15th. B. Riley reiterated a “buy” rating and issued a $31.00 target price on shares of Kulicke and Soffa Industries in a report on Monday, November 13th. ValuEngine upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Finally, Zacks Investment Research downgraded Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. One analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and two have given a strong buy rating to the stock. Kulicke and Soffa Industries 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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