Kulicke and Soffa Industries (NASDAQ:KLIC) Reaches New 52-Week High – Should You Buy?

Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $91.07 and last traded at $90.60, with a volume of 117315 shares trading hands. The stock had previously closed at $87.85.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on KLIC. Wall Street Zen upgraded shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Weiss Ratings downgraded shares of Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 6th. Needham & Company LLC lifted their target price on shares of Kulicke and Soffa Industries from $64.00 to $70.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Finally, Zacks Research downgraded Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Kulicke and Soffa Industries presently has an average rating of “Hold” and an average target price of $50.50.

View Our Latest Stock Analysis on KLIC

Kulicke and Soffa Industries Price Performance

The company’s 50-day moving average is $71.67 and its 200-day moving average is $57.46. The firm has a market capitalization of $4.77 billion, a price-to-earnings ratio of -75.54 and a beta of 1.66.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last issued its earnings results on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.11. The business had revenue of $199.63 million for the quarter, compared to analyst estimates of $190.03 million. Kulicke and Soffa Industries had a negative return on equity of 1.13% and a negative net margin of 9.40%.The business’s quarterly revenue was up 20.2% on a year-over-year basis. During the same period last year, the company posted $0.37 EPS. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. Sell-side analysts anticipate that Kulicke and Soffa Industries, Inc. will post 2.22 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Thursday, March 19th were issued a $0.205 dividend. The ex-dividend date was Thursday, March 19th. This represents a $0.82 annualized dividend and a yield of 0.9%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is presently -67.77%.

Insider Activity at Kulicke and Soffa Industries

In other news, Director Mui Sung Yeo sold 19,143 shares of the stock in a transaction on Friday, February 13th. The shares were sold at an average price of $71.98, for a total value of $1,377,913.14. Following the completion of the sale, the director owned 78,522 shares of the company’s stock, valued at $5,652,013.56. This represents a 19.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Nelson Munpun Wong sold 39,800 shares of the firm’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $60.98, for a total transaction of $2,427,004.00. Following the completion of the transaction, the senior vice president directly owned 86,369 shares in the company, valued at approximately $5,266,781.62. This represents a 31.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 76,405 shares of company stock valued at $5,072,586 over the last quarter. Company insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in Kulicke and Soffa Industries by 10.0% in the 1st quarter. Royal Bank of Canada now owns 64,220 shares of the semiconductor company’s stock worth $2,118,000 after buying an additional 5,836 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of Kulicke and Soffa Industries by 168.8% in the first quarter. AQR Capital Management LLC now owns 49,445 shares of the semiconductor company’s stock worth $1,631,000 after acquiring an additional 31,048 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Kulicke and Soffa Industries by 2.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,080 shares of the semiconductor company’s stock valued at $1,025,000 after purchasing an additional 877 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Kulicke and Soffa Industries by 8.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 155,842 shares of the semiconductor company’s stock worth $5,140,000 after purchasing an additional 11,522 shares during the last quarter. Finally, Jane Street Group LLC raised its position in shares of Kulicke and Soffa Industries by 55.7% in the 1st quarter. Jane Street Group LLC now owns 66,898 shares of the semiconductor company’s stock valued at $2,206,000 after purchasing an additional 23,923 shares in the last quarter. 98.22% of the stock is owned by institutional investors and hedge funds.

About Kulicke and Soffa Industries

(Get Free Report)

Kulicke & Soffa Industries (NASDAQ:KLIC) is a global supplier of semiconductor and LED assembly equipment. The company specializes in the design, development and manufacture of advanced die bonding, wire bonding, flip-chip bumping and wafer-level packaging systems. Its solutions support a wide range of applications in consumer electronics, automotive, communications and other high-growth segments within the semiconductor and LED industries.

Key products include precision wire bonders for microelectronic packaging, die attach systems for chip placement, flip-chip bonders for advanced packaging architectures and LED packaging platforms that enable high-volume production of automotive and general-illumination LEDs.

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