A share price of Kulicke & Soffa Industries, Inc. [KLIC] is currently trading at $42.64, up 4.23%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The KLIC shares have gain 8.44% over the last week, with a monthly amount drifted -0.77%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Kulicke & Soffa Industries, Inc. [NASDAQ: KLIC] stock has seen the most recent analyst activity on August 08, 2024, when TD Cowen reiterated its Hold rating and also revised its price target to $45 from $52. Previously, Craig Hallum upgraded its rating to Buy on November 17, 2023, and kept the price target unchanged to $60. On August 10, 2023, downgrade downgraded it’s rating to Hold but maintained its price target of $55 on the stock. B. Riley Securities downgraded its rating to a Neutral and decreased its price target to $59 on April 12, 2022. Needham downgraded its rating to a Hold. Needham reiterated a Buy rating for this stock on September 24, 2021, and upped its price target to $78. In a note dated April 19, 2021, Needham initiated an Buy rating and provided a target price of $64 on this stock.
Kulicke & Soffa Industries, Inc. experienced fluctuations in its stock price throughout the past year between $38.20 and $56.71. Currently, Wall Street analysts expect the stock to reach $65 within the next 12 months. Kulicke & Soffa Industries, Inc. [NASDAQ: KLIC] shares were valued at $42.64 at the most recent close of the market. An investor can expect a potential return of 52.44% based on the average KLIC price forecast.
Analyzing the KLIC fundamentals
Trailing Twelve Months sales for Kulicke & Soffa Industries, Inc. [NASDAQ:KLIC] were 727.23M which represents -4.85% decline. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.05 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 41.91 points at the first support level, and at 41.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.10, and for the 2nd resistance point, it is at 43.57.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Kulicke & Soffa Industries, Inc. [NASDAQ:KLIC] is 6.10. As well, the Quick Ratio is 5.05, while the Cash Ratio is 2.21. Considering the valuation of this stock, the price to sales ratio is 3.20, the price to book ratio is 2.40.
Transactions by insiders
Recent insider trading involved Kong Peter T M, Director, that happened on May 06 ’24 when 1000.0 shares were purchased. Senior Vice President, Chylak Robert Nestor completed a deal on Feb 14 ’24 to sell 8771.0 shares. Meanwhile, Chief Financial Officer Wong Lester A sold 55000.0 shares on Dec 14 ’23.