Press coverage about Kulicke and Soffa Industries (NASDAQ:KLIC) has been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kulicke and Soffa Industries earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave headlines about the semiconductor company an impact score of 44.9964023293337 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
Several analysts have weighed in on the stock. Zacks Investment Research cut shares of Kulicke and Soffa Industries from a “hold” rating to a “sell” rating in a research note on Wednesday, June 6th. Cowen assumed coverage on shares of Kulicke and Soffa Industries in a research note on Monday, May 14th. They set a “market perform” rating and a $25.00 price objective on the stock. ValuEngine cut shares of Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, May 2nd. B. Riley decreased their price objective on shares of Kulicke and Soffa Industries from $36.00 to $34.00 and set a “buy” rating on the stock in a research note on Friday, May 11th. Finally, BidaskClub raised shares of Kulicke and Soffa Industries from a “hold” rating to a “buy” rating in a research note on Friday, March 16th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. Kulicke and Soffa Industries currently has a consensus rating of “Hold” and an average target price of $27.70.
Kulicke and Soffa Industries traded up $0.01, hitting $24.01, during trading hours on Friday, MarketBeat Ratings reports. 764,760 shares of the stock were exchanged, compared to its average volume of 752,276. Kulicke and Soffa Industries has a 12 month low of $18.22 and a 12 month high of $28.71. The company has a current ratio of 5.32, a quick ratio of 4.68 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $1.66 billion, a price-to-earnings ratio of 15.49, a P/E/G ratio of 0.97 and a beta of 1.22.
Kulicke and Soffa Industries (NASDAQ:KLIC) last released its quarterly earnings results on Thursday, May 31st. The semiconductor company reported $0.54 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.57 by ($0.03). Kulicke and Soffa Industries had a net margin of 3.84% and a return on equity of 17.55%. The company had revenue of $221.77 million for the quarter, compared to the consensus estimate of $221.80 million. equities research analysts predict that Kulicke and Soffa Industries will post 2.06 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Monday, July 16th. Stockholders of record on Thursday, June 28th will be paid a dividend of $0.12 per share. The ex-dividend date is Wednesday, June 27th. This represents a $0.48 annualized dividend and a dividend yield of 2.00%.
In related news, Director Gregory F. Milzcik purchased 4,185 shares of the firm’s stock in a transaction dated Tuesday, June 5th. The shares were acquired at an average cost of $23.81 per share, with a total value of $99,644.85. Following the completion of the purchase, the director now directly owns 52,807 shares of the company’s stock, valued at $1,257,334.67. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.40% of the stock is owned by corporate insiders.
About Kulicke and Soffa Industries
Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and expendable tools to assemble semiconductor devices. It operates in two segments, Capital Equipment, and Aftermarket Products and Services (APS). The Capital Equipment segment manufactures and sells a line of ball bonders, wafer level bonders, wedge bonders, advanced packaging, and electronic assembly solutions.
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