At the time of writing, Kulicke & Soffa Industries, Inc [KLIC] stock is trading at $49.00, down -1.90%. 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 7.50% over the last week, with a monthly amount glided 6.22%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Kulicke & Soffa Industries, Inc [NASDAQ: KLIC] stock has seen the most recent analyst activity on November 15, 2024, when Needham upgraded its rating to a Buy but kept the price target unchanged to $55 for it. Previously, TD Cowen reaffirmed its Hold rating on November 15, 2024, and elevated its price target to $50. On August 08, 2024, TD Cowen reiterated its Hold rating and revised its price target to $45 on the stock. Craig Hallum upgraded its rating to a Buy but stick to its price target of $60 on November 17, 2023. Craig Hallum downgraded its rating to a Hold but $55 remained the price target by the analyst firm on August 10, 2023. B. Riley Securities downgraded its rating to Neutral for this stock on April 12, 2022, and downed its price target to $59. In a note dated February 04, 2022, Needham downgraded an Hold rating on this stock.
For the past year, the stock price of Kulicke & Soffa Industries, Inc fluctuated 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 $49.00 at the most recent close of the market. An investor can expect a potential return of 32.65% based on the average KLIC price forecast.
Analyzing the KLIC fundamentals
According to Kulicke & Soffa Industries, Inc [NASDAQ:KLIC], the company’s sales were 706.23M for trailing twelve months, which represents an -10.38% plunge. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.07 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
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 48.52 points at the first support level, and at 48.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 49.84, and for the 2nd resistance point, it is at 50.68.
Ratios To Look Out For
It is important to note that Kulicke & Soffa Industries, Inc [NASDAQ:KLIC] has a current ratio of 5.41. As well, the Quick Ratio is 4.45, while the Cash Ratio is 1.24. Considering the valuation of this stock, the price to sales ratio is 3.74, the price to book ratio is 2.80.
Transactions by insiders
Recent insider trading involved Wong Nelson MunPun, Senior Vice President, that happened on Nov 21 ’24 when 30000.0 shares were sold. Chief Financial Officer, Wong Lester A completed a deal on Nov 20 ’24 to sell 60000.0 shares. Meanwhile, Executive Vice President Chong Chan Pin sold 35270.0 shares on Nov 20 ’24.
