Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) has earned a consensus rating of “Buy” from the six brokerages that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation, two have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $29.17.

Several equities analysts have recently weighed in on KLIC shares. BidaskClub raised shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 6th. DA Davidson lifted their target price on shares of Kulicke and Soffa Industries to $35.00 and gave the company a “buy” rating in a report on Wednesday, November 15th. Zacks Investment Research lowered shares of Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. ValuEngine raised shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Finally, B. Riley reaffirmed a “buy” rating and set a $31.00 target price on shares of Kulicke and Soffa Industries in a report on Monday, November 13th.

Several large investors have recently bought and sold shares of KLIC. Advisor Group Inc. increased its holdings in shares of Kulicke and Soffa Industries by 11,247.9% during the 2nd quarter. Advisor Group Inc. now owns 8,057 shares of the semiconductor company’s stock valued at $153,000 after purchasing an additional 7,986 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Kulicke and Soffa Industries by 43.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 9,079 shares of the semiconductor company’s stock valued at $195,000 after purchasing an additional 2,731 shares in the last quarter. BNP Paribas Arbitrage SA increased its holdings in shares of Kulicke and Soffa Industries by 1.4% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 15,008 shares of the semiconductor company’s stock valued at $285,000 after purchasing an additional 207 shares in the last quarter. Piedmont Investment Advisors LLC acquired a new stake in Kulicke and Soffa Industries in the 2nd quarter valued at $292,000. Finally, Crossmark Global Holdings Inc. acquired a new stake in Kulicke and Soffa Industries in the 3rd quarter valued at $301,000. 84.96% of the stock is owned by hedge funds and other institutional investors.

Kulicke and Soffa Industries (NASDAQ KLIC) traded down $0.19 on Monday, reaching $24.73. 379,300 shares of the company’s stock were exchanged, compared to its average volume of 494,533. Kulicke and Soffa Industries has a 12 month low of $16.75 and a 12 month high of $28.71. The company has a quick ratio of 4.15, a current ratio of 4.76 and a debt-to-equity ratio of 0.02. The stock has a market cap of $1,750.00, a price-to-earnings ratio of 15.95, a PEG ratio of 1.22 and a beta of 1.38.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly 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 analyst estimates of $208.20 million. During the same period last year, the firm posted $0.15 EPS. Kulicke and Soffa Industries’s revenue for the quarter was up 48.0% compared to the same quarter last year. equities research analysts anticipate that Kulicke and Soffa Industries will post 1.69 EPS for the current fiscal year.

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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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