News stories about Kulicke and Soffa Industries (NASDAQ:KLIC) have trended somewhat positive on Tuesday, Accern reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kulicke and Soffa Industries earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave headlines about the semiconductor company an impact score of 46.2338156652131 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern’s scoring:
Kulicke and Soffa Industries (KLIC) opened at $25.53 on Tuesday. The stock has a market capitalization of $1,816.14, a P/E ratio of 70.92, a PEG ratio of 0.96 and a beta of 1.30. The company has a quick ratio of 5.08, a current ratio of 5.72 and a debt-to-equity ratio of 0.02. Kulicke and Soffa Industries has a twelve month low of $18.22 and a twelve month high of $28.71.
Kulicke and Soffa Industries (NASDAQ:KLIC) last released its earnings results on Wednesday, January 31st. The semiconductor company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.28. The company had revenue of $213.70 million during the quarter, compared to analyst estimates of $189.48 million. Kulicke and Soffa Industries had a return on equity of 16.70% and a net margin of 3.10%. Kulicke and Soffa Industries’s quarterly revenue was up 42.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.22 earnings per share. analysts anticipate that Kulicke and Soffa Industries will post 2.23 EPS for the current year.
Several equities analysts have recently issued reports on the company. BidaskClub raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 6th. ValuEngine raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Friday, February 2nd. Zacks Investment Research raised Kulicke and Soffa Industries from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a report on Wednesday, January 31st. Finally, B. Riley reaffirmed a “buy” rating and issued a $34.00 target price on shares of Kulicke and Soffa Industries in a report on Monday, November 27th. One research analyst has rated the stock with a sell rating, three have assigned a buy rating and two have given a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $28.38.
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Kulicke and Soffa Industries Company Profile
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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