Kulicke and Soffa Industries (NASDAQ:KLIC) Receives “Buy” Rating from DA Davidson

Kulicke and Soffa Industries (NASDAQ:KLIC)‘s stock had its “buy” rating reiterated by equities researchers at DA Davidson in a research note issued to investors on Friday,Benzinga reports. They currently have a $55.00 price target on the semiconductor company’s stock. DA Davidson’s price target indicates a potential upside of 34.15% from the stock’s current price.

Several other research analysts have also issued reports on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Kulicke and Soffa Industries in a research note on Wednesday. Needham & Company LLC raised their price target on Kulicke and Soffa Industries from $40.00 to $46.00 and gave the stock a “buy” rating in a research report on Friday. TD Cowen upped their price objective on Kulicke and Soffa Industries from $36.00 to $38.00 and gave the stock a “hold” rating in a research report on Thursday, August 7th. Finally, B. Riley reissued a “neutral” rating and set a $39.00 price target (up from $35.00) on shares of Kulicke and Soffa Industries in a research report on Friday. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Kulicke and Soffa Industries currently has an average rating of “Hold” and a consensus price target of $44.50.

Kulicke and Soffa Industries Trading Up 5.0%

KLIC traded up $1.97 during midday trading on Friday, reaching $41.00. The company’s stock had a trading volume of 493,343 shares, compared to its average volume of 562,557. Kulicke and Soffa Industries has a twelve month low of $26.63 and a twelve month high of $52.08. The company has a fifty day simple moving average of $39.81 and a 200 day simple moving average of $36.62. The stock has a market cap of $2.14 billion, a P/E ratio of 512.03 and a beta of 1.64.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings data on Wednesday, November 19th. The semiconductor company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.06. Kulicke and Soffa Industries had a net margin of 0.90% and a negative return on equity of 1.06%. The company had revenue of $177.56 million for the quarter, compared to the consensus estimate of $169.84 million. During the same quarter in the previous year, the firm posted $0.34 EPS. The business’s revenue was down 2.1% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q1 2026 guidance at 0.297-0.363 EPS. Sell-side analysts expect that Kulicke and Soffa Industries will post 0.93 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in Kulicke and Soffa Industries by 6.0% during the 1st quarter. Vanguard Group Inc. now owns 3,476,131 shares of the semiconductor company’s stock worth $114,643,000 after purchasing an additional 197,619 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Kulicke and Soffa Industries by 21.1% during the second quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock valued at $81,241,000 after acquiring an additional 409,116 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Kulicke and Soffa Industries by 20.4% in the 2nd quarter. American Century Companies Inc. now owns 2,313,378 shares of the semiconductor company’s stock worth $80,043,000 after acquiring an additional 392,691 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Kulicke and Soffa Industries by 10.0% during the 1st quarter. The Manufacturers Life Insurance Company now owns 1,938,904 shares of the semiconductor company’s stock worth $63,945,000 after acquiring an additional 176,792 shares during the last quarter. Finally, Copeland Capital Management LLC grew its holdings in shares of Kulicke and Soffa Industries by 14.5% in the second quarter. Copeland Capital Management LLC now owns 1,645,508 shares of the semiconductor company’s stock valued at $56,935,000 after acquiring an additional 207,899 shares in the last quarter. Institutional investors own 98.22% of the company’s stock.

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.