Analysts predict that Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) will report $0.66 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Kulicke and Soffa Industries’ earnings. The highest EPS estimate is $0.69 and the lowest is $0.62. Kulicke and Soffa Industries reported earnings of $0.62 per share in the same quarter last year, which indicates a positive year over year growth rate of 6.5%. The company is scheduled to announce its next quarterly earnings report on Wednesday, August 1st.
On average, analysts expect that Kulicke and Soffa Industries will report full-year earnings of $2.06 per share for the current fiscal year, with EPS estimates ranging from $2.03 to $2.09. For the next fiscal year, analysts expect that the company will post earnings of $2.24 per share, with EPS estimates ranging from $2.08 to $2.53. Zacks’ EPS calculations are an average based on a survey of research analysts that cover Kulicke and Soffa Industries.
Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its quarterly earnings data on Thursday, May 31st. The semiconductor company reported $0.54 EPS for the quarter, missing the Zacks’ consensus estimate of $0.57 by ($0.03). The company had revenue of $221.77 million for the quarter, compared to analysts’ expectations of $221.80 million. Kulicke and Soffa Industries had a net margin of 3.84% and a return on equity of 17.55%.
In other news, Director Gregory F. Milzcik acquired 4,185 shares of Kulicke and Soffa Industries stock in a transaction dated Tuesday, June 5th. The stock was acquired at an average cost of $23.81 per share, for a total transaction of $99,644.85. Following the completion of the purchase, the director now owns 52,807 shares of the company’s stock, valued at $1,257,334.67. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 1,000 shares of company stock valued at $25,552 over the last 90 days. 1.40% of the stock is owned by corporate insiders.
Several institutional investors have recently modified their holdings of the company. Wells Fargo & Company MN increased its position in Kulicke and Soffa Industries by 71.4% during the fourth quarter. Wells Fargo & Company MN now owns 5,879 shares of the semiconductor company’s stock worth $143,000 after acquiring an additional 2,449 shares during the period. Compagnie Lombard Odier SCmA bought a new position in Kulicke and Soffa Industries during the first quarter worth $150,000. Allianz Asset Management GmbH bought a new position in Kulicke and Soffa Industries during the first quarter worth $204,000. LS Investment Advisors LLC increased its position in Kulicke and Soffa Industries by 247.1% during the fourth quarter. LS Investment Advisors LLC now owns 8,536 shares of the semiconductor company’s stock worth $208,000 after acquiring an additional 6,077 shares during the period. Finally, Element Capital Management LLC bought a new position in Kulicke and Soffa Industries during the first quarter worth $208,000. Institutional investors and hedge funds own 84.76% of the company’s stock.
Kulicke and Soffa Industries traded down $0.30, reaching $23.46, during trading on Thursday, according to Marketbeat Ratings. The company’s stock had a trading volume of 51,992 shares, compared to its average volume of 693,996. The company has a quick ratio of 4.68, a current ratio of 5.32 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $1.62 billion, a PE ratio of 15.14, a price-to-earnings-growth ratio of 0.95 and a beta of 1.22. Kulicke and Soffa Industries has a 1-year low of $18.22 and a 1-year high of $28.71.
About Kulicke and Soffa Industries
Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and expendable tools to assemble semiconductor devices. It operates in two segments, Capital Equipment, and Aftermarket Products and Services (APS). The Capital Equipment segment manufactures and sells a line of ball bonders, wafer level bonders, wedge bonders, advanced packaging, and electronic assembly solutions.
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