Kulicke & Soffa Industries, Inc (NASDAQ:KLIC) price on Friday, April 11, rose 1.60% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $29.87.
A look at the stock’s price movement, the close in the last trading session was $29.40, moving within a range at $28.7 and $30.0883. The beta value (5-Year monthly) was 1.511 while the PE ratio in trailing twelve months stood at 252.28. Turning to its 52-week performance, $53.71 and $26.62 were the 52-week high and 52-week low respectively. Overall, KLIC moved -16.07% over the past month.
Kulicke & Soffa Industries, Inc’s market cap currently stands at around $1.59 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-03. The company has a Forward Dividend ratio of 0.81, with its dividend yield at 2.71%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 165.1M for the company’s revenue for the quarter, with a low and high estimate of 165M and 165.29M respectively. The average forecast suggests down to a -4.05% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 737.08M, representing a 4.37% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that KLIC is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 1 recommend KLIC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
KLIC’s current price about -10.12% and -19.79% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 37.46, while 7-day volatility ratio is 11.62% and 5.95% in the 30-day chart. Further, Kulicke & Soffa Industries, Inc (KLIC) has a beta value of 1.55, and an average true range (ATR) of 2.22. Analysts have given the company’s stock an average 52-week price target of $65, forecast between a low of $65 and high of $65. Looking at the price targets, the low is -117.61% off current price level while to achieve the yearly target high, price needs to move -117.61%. Nonetheless, investors will most likely welcome a -117.61% jump to $65 which is the analysts’ median price.
If we refocus on Kulicke & Soffa Industries, Inc (NASDAQ:KLIC), historical trading data shows that trading volumes averaged 0.92 over the past 10 days and 626.22K over the past 3 months. The company’s latest data on shares outstanding shows there are 53.54 million shares.
The 3.47% of Kulicke & Soffa Industries, Inc’s shares are in the hands of company insiders while institutional holders own 94.29% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.36 million on 2025-03-14, giving us a short ratio of 5.3. The data shows that as of 2025-03-14 short interest in Kulicke & Soffa Industries, Inc (KLIC) stood at 651.0000000000001 of shares outstanding, with shares short falling to 3.43 million registered in 2025-02-14. Current price change has pushed the stock -35.98% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the KLIC stock continues to rise going into the next quarter.
