Kulicke and Soffa Industries (KLIC) Earns News Impact Rating of 0.12

Headlines about Kulicke and Soffa Industries (NASDAQ:KLIC) have been trending somewhat positive on Thursday, Accern reports. Accern identifies negative and positive press 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 positive one, with scores closest to one being the most favorable. Kulicke and Soffa Industries earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the semiconductor company an impact score of 45.6493869813087 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Kulicke and Soffa Industries (NASDAQ KLIC) opened at $25.03 on Thursday. The company has a market capitalization of $1,770.00, a P/E ratio of 16.15, a PEG ratio of 1.20 and a beta of 1.38. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.15 and a current ratio of 4.76. Kulicke and Soffa Industries has a one year low of $16.14 and a one year high of $28.71.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its earnings results on Tuesday, November 14th. The semiconductor company reported $0.51 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.15. The company had revenue of $215.89 million during the quarter, compared to analysts’ expectations of $208.20 million. Kulicke and Soffa Industries had a return on equity of 14.54% and a net margin of 13.85%. The business’s revenue was up 48.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.15 EPS. sell-side analysts anticipate that Kulicke and Soffa Industries will post 1.69 earnings per share for the current year.

A number of analysts recently issued reports on KLIC shares. ValuEngine raised shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Sunday. BidaskClub downgraded shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 5th. B. Riley reaffirmed a “buy” rating and issued a $31.00 price objective on shares of Kulicke and Soffa Industries in a research report on Monday, November 13th. Zacks Investment Research raised shares of Kulicke and Soffa Industries from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a research report on Wednesday, September 6th. Finally, DA Davidson increased their price objective 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. One research analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $27.38.

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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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