Research Analysts’ Weekly Ratings Updates for Kulicke and Soffa Industries (KLIC)

A number of research firms have changed their ratings and price targets for Kulicke and Soffa Industries (NASDAQ: KLIC):

  • 8/8/2017 – Kulicke and Soffa Industries had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $31.00 price target on the stock.
  • 8/2/2017 – Kulicke and Soffa Industries had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $31.00 price target on the stock.
  • 8/1/2017 – Kulicke and Soffa Industries was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Kulicke and Soffa Inds. designs, manufactures and markets capital equipment and packaging materials for sale to companies that manufacture and assemble semiconductor devices. They also service, maintain, repair and upgrade assembly equipment. They are one of the world’s largest suppliers of semiconductor assembly equipment. The company’s business is divided into three segments: equipment, packaging materials and advanced packaging technology. “
  • 7/28/2017 – Kulicke and Soffa Industries was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 7/19/2017 – Kulicke and Soffa Industries was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 7/5/2017 – Kulicke and Soffa Industries was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “sell” rating. According to Zacks, “Kulicke and Soffa Inds. designs, manufactures and markets capital equipment and packaging materials for sale to companies that manufacture and assemble semiconductor devices. They also service, maintain, repair and upgrade assembly equipment. They are one of the world’s largest suppliers of semiconductor assembly equipment. The company’s business is divided into three segments: equipment, packaging materials and advanced packaging technology. “
  • 7/4/2017 – Kulicke and Soffa Industries had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $31.00 price target on the stock.
  • 6/29/2017 – Kulicke and Soffa Industries had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $31.00 price target on the stock.
  • 6/27/2017 – Kulicke and Soffa Industries was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.

Shares of Kulicke and Soffa Industries, Inc. (NASDAQ KLIC) opened at 20.06 on Wednesday. Kulicke and Soffa Industries, Inc. has a 12 month low of $11.29 and a 12 month high of $23.00. The firm’s 50-day moving average price is $20.96 and its 200-day moving average price is $20.59. The stock has a market capitalization of $1.43 billion, a P/E ratio of 16.67 and a beta of 1.25.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its earnings results on Wednesday, August 2nd. The semiconductor company reported $0.62 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.21. The business had revenue of $243.90 million for the quarter, compared to analysts’ expectations of $245.02 million. Kulicke and Soffa Industries had a return on equity of 11.88% and a net margin of 11.61%. The business’s revenue for the quarter was up 12.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.45 EPS. On average, equities research analysts forecast that Kulicke and Soffa Industries, Inc. will post $1.38 EPS for the current year.

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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