A share price of Kulicke & Soffa Industries, Inc [KLIC] is currently trading at $29.40, down -8.47%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The KLIC shares have lost -0.51% over the last week, with a monthly amount drifted -18.08%, and not 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.
Kulicke & Soffa Industries, Inc experienced fluctuations in its stock price throughout the past year between $26.62 and $53.71. 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 $29.40 at the most recent close of the market. An investor can expect a potential return of 121.09% based on the average KLIC price forecast.
Analyzing the KLIC fundamentals
Trailing Twelve Months sales for Kulicke & Soffa Industries, Inc [NASDAQ:KLIC] were 701.17M which represents -2.96% decline. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 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 0.04.
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 28.48 points at the first support level, and at 27.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.61, and for the 2nd resistance point, it is at 31.83.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Kulicke & Soffa Industries, Inc [NASDAQ:KLIC] is 5.99. As well, the Quick Ratio is 4.90, while the Cash Ratio is 1.65. Considering the valuation of this stock, the price to sales ratio is 2.24, the price to book ratio is 1.62 and price to earnings (TTM) ratio is 248.31.
Transactions by insiders
Recent insider trading involved Chylak Robert Nestor, Senior Vice President, that happened on Dec 09 ’24 when 11391.0 shares were sold. Director, Lim Chin Hu completed a deal on Dec 06 ’24 to sell 30000.0 shares. Meanwhile, Officer ROBERT CHYLAK bought 11391.0 shares on Dec 09 ’24.
