Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) has earned a consensus recommendation of “Moderate Buy” from the five ratings firms that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $69.67.

A number of brokerages have issued reports on KLIC. Needham & Company LLC upped their target price on Kulicke and Soffa Industries from $105.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Zacks Research raised shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 11th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Kulicke and Soffa Industries in a research note on Friday, August 7th.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. bought a new position in shares of Kulicke and Soffa Industries during the second quarter worth about $1,204,835,000. The Manufacturers Life Insurance Company bought a new stake in Kulicke and Soffa Industries in the second quarter valued at about $153,050,000. Bank of New York Mellon Corp bought a new stake in Kulicke and Soffa Industries in the second quarter valued at about $98,778,000. Bank of America Corp DE acquired a new stake in Kulicke and Soffa Industries during the second quarter valued at approximately $32,721,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in Kulicke and Soffa Industries during the 2nd quarter worth approximately $26,300,000. Institutional investors own 98.22% of the company’s stock.

Kulicke and Soffa Industries Price Performance

Shares of Kulicke and Soffa Industries stock opened at $96.03 on Friday. Kulicke and Soffa Industries has a 1-year low of $35.02 and a 1-year high of $135.80. The company has a market capitalization of $5.03 billion, a PE ratio of 44.25 and a beta of 1.55. The business has a 50-day moving average of $87.71 and a 200-day moving average of $93.21.

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

Kulicke and Soffa Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Thursday, September 17th will be paid a dividend of $0.2050 per share. This represents a $0.82 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Thursday, September 17th. Kulicke and Soffa Industries’s dividend payout ratio is 37.79%.

Kulicke and Soffa Industries Company Profile

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.