FY2025 Earnings Estimate for KLIC Issued By DA Davidson

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) – Investment analysts at DA Davidson cut their FY2025 earnings per share estimates for shares of Kulicke and Soffa Industries in a research note issued on Thursday, February 6th. DA Davidson analyst T. Diffely now anticipates that the semiconductor company will post earnings of $1.17 per share for the year, down from their prior estimate of $1.32. DA Davidson currently has a “Buy” rating and a $60.00 target price on the stock. The consensus estimate for Kulicke and Soffa Industries’ current full-year earnings is $1.29 per share. DA Davidson also issued estimates for Kulicke and Soffa Industries’ FY2026 earnings at $2.27 EPS.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its quarterly earnings data on Tuesday, February 4th. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.01). Kulicke and Soffa Industries had a negative return on equity of 0.92% and a negative net margin of 9.77%.

Several other equities research analysts also recently weighed in on KLIC. TD Cowen upped their target price on Kulicke and Soffa Industries from $45.00 to $50.00 and gave the stock a “hold” rating in a research report on Friday, November 15th. Needham & Company LLC restated a “buy” rating and issued a $53.00 price target on shares of Kulicke and Soffa Industries in a report on Thursday. Finally, StockNews.com upgraded shares of Kulicke and Soffa Industries from a “sell” rating to a “hold” rating in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $52.00.

Kulicke and Soffa Industries Trading Down 2.4 %

Shares of NASDAQ KLIC opened at $41.55 on Friday. The stock has a fifty day moving average price of $47.01 and a 200 day moving average price of $45.17. Kulicke and Soffa Industries has a 12-month low of $38.20 and a 12-month high of $53.71. The company has a market cap of $2.23 billion, a P/E ratio of -33.78 and a beta of 1.36.

Institutional Investors Weigh In On Kulicke and Soffa Industries

A number of institutional investors have recently made changes to their positions in KLIC. Copeland Capital Management LLC lifted its stake in Kulicke and Soffa Industries by 2.3% during the fourth quarter. Copeland Capital Management LLC now owns 1,502,640 shares of the semiconductor company’s stock worth $70,113,000 after purchasing an additional 33,124 shares during the last quarter. Royce & Associates LP raised its holdings in shares of Kulicke and Soffa Industries by 20.3% during the third quarter. Royce & Associates LP now owns 1,111,312 shares of the semiconductor company’s stock worth $50,154,000 after purchasing an additional 187,673 shares during the period. TimesSquare Capital Management LLC lifted its position in shares of Kulicke and Soffa Industries by 16.4% in the 4th quarter. TimesSquare Capital Management LLC now owns 530,827 shares of the semiconductor company’s stock worth $24,768,000 after buying an additional 74,920 shares during the last quarter. Emerald Advisers LLC boosted its holdings in shares of Kulicke and Soffa Industries by 2.2% in the 3rd quarter. Emerald Advisers LLC now owns 452,945 shares of the semiconductor company’s stock valued at $20,441,000 after buying an additional 9,943 shares during the period. Finally, Wasatch Advisors LP grew its position in shares of Kulicke and Soffa Industries by 10.8% during the 3rd quarter. Wasatch Advisors LP now owns 398,225 shares of the semiconductor company’s stock valued at $17,972,000 after buying an additional 38,655 shares during the last quarter. 98.22% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Kulicke and Soffa Industries

In other news, EVP Chan Pin Chong sold 9,730 shares of the business’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $46.07, for a total value of $448,261.10. Following the completion of the sale, the executive vice president now owns 81,916 shares of the company’s stock, valued at approximately $3,773,870.12. The trade was a 10.62 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Robert Nestor Chylak sold 11,391 shares of the stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $49.52, for a total transaction of $564,082.32. Following the transaction, the senior vice president now directly owns 20,838 shares in the company, valued at $1,031,897.76. The trade was a 35.34 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 221,121 shares of company stock valued at $10,527,843 in the last three months. Corporate insiders own 3.40% of the company’s stock.

Kulicke and Soffa Industries declared that its Board of Directors has initiated a share buyback program on Wednesday, November 13th that allows the company to repurchase $300.00 million in outstanding shares. This repurchase authorization allows the semiconductor company to buy up to 11.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

Kulicke and Soffa Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 7th. Shareholders of record on Thursday, December 19th were issued a dividend of $0.205 per share. The ex-dividend date of this dividend was Thursday, December 19th. This is an increase from Kulicke and Soffa Industries’s previous quarterly dividend of $0.20. This represents a $0.82 annualized dividend and a yield of 1.97%. Kulicke and Soffa Industries’s payout ratio is currently -66.67%.

Kulicke and Soffa Industries Company Profile

Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices. It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS). The company offers ball bonding equipment, wafer level bonding equipment, wedge bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares and services for equipment.