Kulicke and Soffa Industries (KLIC) Given Daily News Impact Score of -0.01

Press coverage about Kulicke and Soffa Industries (NASDAQ:KLIC) has trended somewhat negative this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kulicke and Soffa Industries earned a daily sentiment score of -0.01 on Accern’s scale. Accern also gave news stories about the semiconductor company an impact score of 47.4786321542453 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:

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Several equities analysts have recently weighed in on KLIC shares. BidaskClub lowered shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “buy” rating in a report on Wednesday, December 27th. ValuEngine upgraded shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Zacks Investment Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “buy” rating and set a $27.00 price objective on the stock in a report on Wednesday, January 31st. Finally, B. Riley reiterated a “buy” rating and set a $36.00 price objective on shares of Kulicke and Soffa Industries in a report on Thursday, February 1st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company. Kulicke and Soffa Industries currently has a consensus rating of “Buy” and an average price target of $28.38.

Shares of NASDAQ KLIC opened at $24.29 on Tuesday. The company has a current ratio of 5.72, a quick ratio of 5.08 and a debt-to-equity ratio of 0.02. Kulicke and Soffa Industries has a 1-year low of $18.22 and a 1-year high of $28.71. The stock has a market cap of $1,734.93, a PE ratio of 15.67, a P/E/G ratio of 0.92 and a beta of 1.20.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its earnings results on Wednesday, January 31st. The semiconductor company reported $0.54 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.28. Kulicke and Soffa Industries had a net margin of 3.10% and a return on equity of 16.70%. The company had revenue of $213.70 million for the quarter, compared to analyst estimates of $189.48 million. During the same quarter in the prior year, the business posted $0.22 EPS. The firm’s revenue was up 42.8% compared to the same quarter last year. equities analysts anticipate that Kulicke and Soffa Industries will post 2.23 EPS for the current year.

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About Kulicke and Soffa Industries

Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and expendable tools to assemble semiconductor devices. It operates in two segments, Capital Equipment, and Aftermarket Products and Services (APS). The Capital Equipment segment manufactures and sells a line of ball bonders, wafer level bonders, wedge bonders, advanced packaging, and electronic assembly solutions.

Insider Buying and Selling by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

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