Kulicke and Soffa Industries (NASDAQ:KLIC) Earning Somewhat Positive Press Coverage, Analysis Shows

Media coverage about Kulicke and Soffa Industries (NASDAQ:KLIC) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news 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 closest to one being the most favorable. Kulicke and Soffa Industries earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave news headlines about the semiconductor company an impact score of 45.7390270338132 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news headlines that may have impacted Accern’s analysis:

KLIC has been the subject of several research analyst reports. BidaskClub downgraded shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 27th. B. Riley restated a “buy” rating and issued a $34.00 price target on shares of Kulicke and Soffa Industries in a research report on Monday, November 27th. 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 research 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 research report on Tuesday, September 26th. Finally, ValuEngine upgraded shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and two have issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $27.38.

Shares of Kulicke and Soffa Industries (NASDAQ:KLIC) opened at $24.73 on Tuesday. Kulicke and Soffa Industries has a 12-month low of $16.75 and a 12-month high of $28.71. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.76 and a quick ratio of 4.15. The stock has a market cap of $1,746.03, a P/E ratio of 15.85, a price-to-earnings-growth ratio of 1.22 and a beta of 1.39.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its earnings results on Tuesday, November 14th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.15. Kulicke and Soffa Industries had a net margin of 13.85% and a return on equity of 14.54%. The company had revenue of $215.89 million during the quarter, compared to the consensus estimate of $208.20 million. During the same quarter in the prior year, the firm earned $0.15 EPS. The company’s revenue was up 48.0% compared to the same quarter last year. equities analysts expect that Kulicke and Soffa Industries will post 1.69 earnings per share for the current year.

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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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