While Kulicke & Soffa Industries, Inc has overperformed by 2.31%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, KLIC fell by -34.69%, with highs and lows ranging from $53.71 to $26.62, whereas the simple moving average fell by -30.01% 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)
A return on investment can be expected regardless of KLIC’s performance over the next quarter with the dividend set at $0.81 per share. Further, the quarter-over-quarter decrease in sales is -2.96%, showing a negative trend in the upcoming months.
To gain a thorough understanding of Kulicke & Soffa Industries, Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. 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.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and KLIC is recording an average volume of 653.48K. Furthermore, long-term investors anticipate a median target price of $48.71, showing growth from the present price of $30.10, 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 leading company in the Semiconductor Equipment & Materials sector, 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 254.22, there is a growth in quarterly earnings of 823.93%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. 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 94.37% 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 94.37% at present.
