While Kulicke & Soffa Industries, Inc has underperformed by -8.47%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, KLIC fell by -40.79%, with highs and lows ranging from $53.71 to $26.62, whereas the simple moving average fell by -32.64% in the last 200 days.
On November 15, 2024, Needham Upgraded Kulicke & Soffa Industries, Inc (NASDAQ: KLIC) to Buy. A report published by TD Cowen on November 15, 2024, Reiterated its previous ‘Hold’ rating for KLIC. TD Cowen also reiterated KLIC shares as ‘Hold’, quoting a target price of $45 on the company’s shares in a report dated August 08, 2024. Craig Hallum August 10, 2023d its ‘Buy’ rating to ‘Hold’ for KLIC, as published in its report on August 10, 2023. B. Riley Securities’s report from April 12, 2022 suggests a price prediction of $59 for KLIC shares, giving the stock a ‘Neutral’ rating. Needham also rated the stock as ‘Hold’.
Analysis of Kulicke & Soffa Industries, Inc (KLIC)
It’s important to note that KLIC shareholders are currently getting $0.81 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter decrease in sales is -2.96%, showing a negative trend in the upcoming months.
Kulicke & Soffa Industries, Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 0.31% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 4.90, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and KLIC is registering an average volume of 618.34K. On a monthly basis, the volatility of the stock is set at 5.86%, whereas on a weekly basis, it is put at 13.38%, with a loss of -0.51% over the past seven days. Furthermore, long-term investors anticipate a median target price of $50.14, showing growth from the present price of $29.40, which can serve as yet another indication of whether KLIC is worth investing in or should be passed over.
How Do You Analyze Kulicke & Soffa Industries, Inc Shares?
A giant in the Semiconductor Equipment & Materials market, Kulicke & Soffa Industries, Inc (KLIC) is based in the USA. When comparing Kulicke & Soffa Industries, Inc shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 248.31, there is a growth in quarterly earnings of 823.93%.
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 3.47%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 94.29% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
KLIC shares are owned by institutional investors to the tune of 94.29% at present.
