Kulicke & Soffa Industries, Inc (NASDAQ: KLIC) is -12.28% lower on its value in year-to-date trading and has touched a low of $38.20 and a high of $56.71 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KLIC stock was last observed hovering at around $47.44 in the last trading session, with the day’s gains setting it 0.56%.
Currently trading at $48.00, the stock is -1.76% and 1.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.12 million and changing 1.18% at the moment leaves the stock 3.90% off its SMA200. KLIC registered -13.39% loss for a year compared to 6-month gain of 2.87%. The firm has a 50-day simple moving average (SMA 50) of $47.2474 and a 200-day simple moving average (SMA200) of $46.2087.
The stock witnessed a -2.38% loss in the last 1 month and extending the period to 3 months gives it a 14.18%, and is -3.67% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.85% over the week and 3.34% over the month.
Kulicke & Soffa Industries, Inc (KLIC) has around 2746 employees, a market worth around $2.62B and $706.23M in sales. Fwd P/E is 18.58. Profit margin for the company is -9.77%. Distance from 52-week low is 25.65% and -15.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.06%).
with sales reaching $165M over the same period.The EPS is expected to grow by 5575.33% this year, but quarterly earnings will post 8.21% year-over-year. Quarterly sales are estimated to shrink -3.62% in year-over-year returns.
Kulicke & Soffa Industries, Inc (KLIC) Top Institutional Holders
379.0 institutions hold shares in Kulicke & Soffa Industries, Inc (KLIC), with institutional investors hold 99.34% of the company’s shares. The shares outstanding are 53.85M, and float is at 51.93M with Short Float at 6.23%. Institutions hold 95.92% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 8.7 million shares valued at $427.93 million. The investor’s holdings represent 15.4921% of the KLIC Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL INTERNATIONAL INVESTORS with 4.7 million shares valued at $231.16 million to account for 8.3687 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.02 million shares representing 5.3863% and valued at over $148.78 million, while VICTORY CAPITAL MANAGEMENT INC holds 5.2823 of the shares totaling 2.97 million with a market value of $145.91 million.
Kulicke & Soffa Industries, Inc (KLIC) Insider Activity
The most recent transaction is an insider sale by Chylak Robert Nestor, the company’s Senior Vice President. SEC filings show that Chylak Robert Nestor sold 11,391 shares of the company’s common stock on Dec 09 ’24 at a price of $49.52 per share for a total of $0.56 million. Following the sale, the insider now owns 20838.0 shares.
Kulicke & Soffa Industries, Inc disclosed in a document filed with the SEC on Dec 06 ’24 that Lim Chin Hu (Director) sold a total of 30,000 shares of the company’s common stock. The trade occurred on Dec 06 ’24 and was made at $48.11 per share for $1.44 million. Following the transaction, the insider now directly holds 59701.0 shares of the KLIC stock.
Still, SEC filings show that on Dec 09 ’24, ROBERT CHYLAK (Officer) Proposed Sale 11,391 shares at an average price of $49.52 for $0.56 million. The insider now directly holds shares of Kulicke & Soffa Industries, Inc (KLIC).
