Kulicke and Soffa Industries (NASDAQ:KLIC) Stock Rating Upgraded by Zacks Research

Kulicke and Soffa Industries (NASDAQ:KLIC) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

Other equities analysts have also issued reports about the stock. Needham & Company LLC raised their target price on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Wall Street Zen upgraded shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Finally, Weiss Ratings upgraded shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Kulicke and Soffa Industries has a consensus rating of “Moderate Buy” and an average target price of $59.25.

Kulicke and Soffa Industries Stock Performance

NASDAQ:KLIC opened at $98.00 on Monday. Kulicke and Soffa Industries has a 52 week low of $31.21 and a 52 week high of $107.01. The firm has a market cap of $5.13 billion, a price-to-earnings ratio of 94.23 and a beta of 1.66. The firm’s 50-day simple moving average is $74.95 and its 200 day simple moving average is $59.93.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.12. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The business had revenue of $242.62 million for the quarter, compared to analyst estimates of $228.75 million. During the same period last year, the firm earned ($0.52) earnings per share. Kulicke and Soffa Industries’s revenue for the quarter was up 49.8% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. Sell-side analysts anticipate that Kulicke and Soffa Industries will post 2.61 EPS for the current year.

Insider Buying and Selling at Kulicke and Soffa Industries

In other news, Director Mui Sung Yeo sold 19,143 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $71.98, for a total value of $1,377,913.14. Following the completion of the sale, the director owned 78,522 shares in the company, valued at $5,652,013.56. This represents a 19.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director David Jeffrey Richardson sold 9,364 shares of the company’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $72.19, for a total transaction of $675,987.16. Following the completion of the sale, the director owned 17,694 shares of the company’s stock, valued at approximately $1,277,329.86. The trade was a 34.61% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 30,007 shares of company stock worth $2,208,370. 1.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Kulicke and Soffa Industries

A number of hedge funds and other institutional investors have recently made changes to their positions in KLIC. Summit Securities Group LLC purchased a new position in shares of Kulicke and Soffa Industries in the 1st quarter worth about $26,000. Advisory Services Network LLC purchased a new stake in Kulicke and Soffa Industries during the third quarter valued at about $29,000. Meeder Asset Management Inc. purchased a new stake in shares of Kulicke and Soffa Industries in the fourth quarter worth about $30,000. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Kulicke and Soffa Industries in the third quarter worth about $33,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Kulicke and Soffa Industries by 2,665.7% in the second quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock worth $33,000 after buying an additional 933 shares in the last quarter. 98.22% of the stock is owned by hedge funds and other institutional investors.

Kulicke and Soffa Industries Company Profile

Kulicke & Soffa Industries (NASDAQ:KLIC) is a global supplier of semiconductor and LED assembly equipment. The company specializes in the design, development and manufacture of advanced die bonding, wire bonding, flip-chip bumping and wafer-level packaging systems. Its solutions support a wide range of applications in consumer electronics, automotive, communications and other high-growth segments within the semiconductor and LED industries.

Key products include precision wire bonders for microelectronic packaging, die attach systems for chip placement, flip-chip bonders for advanced packaging architectures and LED packaging platforms that enable high-volume production of automotive and general-illumination LEDs.