Equities analysts expect Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) to announce earnings of $0.26 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Kulicke and Soffa Industries’ earnings. The highest EPS estimate is $0.27 and the lowest is $0.24. Kulicke and Soffa Industries reported earnings of $0.22 per share in the same quarter last year, which suggests a positive year over year growth rate of 18.2%. The company is expected to issue its next earnings report on Thursday, February 1st.

On average, analysts expect that Kulicke and Soffa Industries will report full year earnings of $1.69 per share for the current fiscal year, with EPS estimates ranging from $1.65 to $1.72. For the next fiscal year, analysts anticipate that the company will report earnings of $1.98 per share, with EPS estimates ranging from $1.91 to $2.05. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover Kulicke and Soffa Industries.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its earnings results on Tuesday, November 14th. The semiconductor company reported $0.51 EPS for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.15. The company had revenue of $215.89 million for the quarter, compared to analysts’ expectations of $208.20 million. Kulicke and Soffa Industries had a return on equity of 14.54% and a net margin of 13.85%. Kulicke and Soffa Industries’s revenue for the quarter was up 48.0% compared to the same quarter last year. During the same period last year, the firm earned $0.15 EPS.

KLIC has been the topic of a number of recent analyst reports. Bank of America raised their price target on Kulicke and Soffa Industries from $15.50 to $18.50 and gave the company an “underperform” rating in a report on Wednesday, November 15th. DA Davidson raised their price target on Kulicke and Soffa Industries to $35.00 and gave the company a “buy” rating in a report on Wednesday, November 15th. B. Riley reissued a “buy” rating and set a $31.00 price target on shares of Kulicke and Soffa Industries in a report on Monday, November 13th. Zacks Investment Research raised Kulicke and Soffa Industries from a “hold” rating to a “buy” rating and set a $22.00 price target on the stock in a report on Wednesday, September 6th. Finally, BidaskClub cut Kulicke and Soffa Industries from a “strong-buy” rating to a “buy” rating in a report on Tuesday, December 5th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $27.38.

Kulicke and Soffa Industries (NASDAQ:KLIC) traded down $0.01 during trading hours on Tuesday, reaching $24.34. The company’s stock had a trading volume of 160,900 shares, compared to its average volume of 544,937. The company has a current ratio of 4.76, a quick ratio of 4.15 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $1,718.50, a PE ratio of 15.60, a PEG ratio of 1.20 and a beta of 1.38. Kulicke and Soffa Industries has a twelve month low of $15.84 and a twelve month high of $28.71.

Institutional investors have recently modified their holdings of the company. Advisor Group Inc. grew its position in shares of Kulicke and Soffa Industries by 11,247.9% during the second quarter. Advisor Group Inc. now owns 8,057 shares of the semiconductor company’s stock valued at $153,000 after purchasing an additional 7,986 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Kulicke and Soffa Industries by 19.6% in the second quarter. Goldman Sachs Group Inc. now owns 289,391 shares of the semiconductor company’s stock worth $5,504,000 after acquiring an additional 47,363 shares in the last quarter. New Jersey Better Educational Savings Trust grew its position in Kulicke and Soffa Industries by 18.5% in the third quarter. New Jersey Better Educational Savings Trust now owns 32,000 shares of the semiconductor company’s stock worth $690,000 after acquiring an additional 5,000 shares in the last quarter. Voya Investment Management LLC purchased a new position in Kulicke and Soffa Industries in the second quarter worth about $1,362,000. Finally, Aperio Group LLC grew its position in Kulicke and Soffa Industries by 0.9% in the second quarter. Aperio Group LLC now owns 20,973 shares of the semiconductor company’s stock worth $399,000 after acquiring an additional 180 shares in the last quarter. Hedge funds and other institutional investors own 85.44% of the company’s stock.

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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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