Wall Street brokerages expect Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) to post earnings of $0.51 per share for the current quarter, according to Zacks. Two analysts have issued estimates for Kulicke and Soffa Industries’ earnings, with the lowest EPS estimate coming in at $0.44 and the highest estimate coming in at $0.59. Kulicke and Soffa Industries reported earnings per share of $0.45 in the same quarter last year, which suggests a positive year-over-year growth rate of 13.3%. The business is scheduled to report its next quarterly earnings results before the market opens on Wednesday, August 2nd.

On average, analysts expect that Kulicke and Soffa Industries will report full year earnings of $1.43 per share for the current financial year, with EPS estimates ranging from $1.38 to $1.48. For the next fiscal year, analysts expect that the company will post earnings of $1.54 per share, with EPS estimates ranging from $1.45 to $1.63. Zacks’ EPS averages are a mean average based on a survey of research firms that cover Kulicke and Soffa Industries.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings results on Wednesday, May 3rd. The semiconductor company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.04. The firm had revenue of $199.60 million for the quarter, compared to analysts’ expectations of $190.89 million. Kulicke and Soffa Industries had a return on equity of 10.59% and a net margin of 12.19%. The company’s revenue for the quarter was up 27.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.07 EPS.

Several research firms recently weighed in on KLIC. B. Riley restated a “buy” rating and set a $29.50 price target on shares of Kulicke and Soffa Industries in a research report on Tuesday, May 9th. BidaskClub lowered Kulicke and Soffa Industries from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 27th. Zacks Investment Research lowered Kulicke and Soffa Industries from a “strong-buy” rating to a “sell” rating in a research report on Wednesday. Finally, ValuEngine upgraded Kulicke and Soffa Industries from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. Kulicke and Soffa Industries currently has an average rating of “Buy” and a consensus target price of $28.50.

Large investors have recently added to or reduced their stakes in the company. Fox Run Management L.L.C. bought a new stake in Kulicke and Soffa Industries during the first quarter valued at approximately $573,000. Bank of Montreal Can increased its stake in Kulicke and Soffa Industries by 153.5% in the first quarter. Bank of Montreal Can now owns 8,611 shares of the semiconductor company’s stock valued at $175,000 after buying an additional 5,214 shares during the period. Creative Planning increased its stake in Kulicke and Soffa Industries by 9.7% in the first quarter. Creative Planning now owns 6,765 shares of the semiconductor company’s stock valued at $137,000 after buying an additional 600 shares during the period. Copper Rock Capital Partners LLC increased its stake in Kulicke and Soffa Industries by 26.9% in the first quarter. Copper Rock Capital Partners LLC now owns 1,641,577 shares of the semiconductor company’s stock valued at $33,406,000 after buying an additional 347,613 shares during the period. Finally, Foundry Partners LLC increased its stake in Kulicke and Soffa Industries by 16.8% in the first quarter. Foundry Partners LLC now owns 301,414 shares of the semiconductor company’s stock valued at $6,125,000 after buying an additional 43,355 shares during the period. 94.24% of the stock is currently owned by institutional investors and hedge funds.

Kulicke and Soffa Industries (NASDAQ KLIC) traded up 4.77% during trading on Thursday, hitting $19.97. The company’s stock had a trading volume of 1,065,107 shares. The firm has a market cap of $1.42 billion, a P/E ratio of 16.37 and a beta of 1.24. The firm has a 50 day moving average of $21.32 and a 200 day moving average of $19.75. Kulicke and Soffa Industries has a 12 month low of $11.29 and a 12 month high of $23.00.

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Kulicke and Soffa Industries Company Profile

Kulicke and Soffa Industries, Inc designs, manufactures and sells capital equipment and expendable tools, as well as services, maintains, repairs and upgrades equipment, all used to assemble semiconductor devices. The Company supplies a range of bonding equipment. The Company operates through two segments: Equipment and Expendable Tools.

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Earnings History and Estimates for Kulicke and Soffa Industries (NASDAQ:KLIC)

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