Kulicke & Soffa Industries, Inc (NASDAQ: KLIC) is -33.88% lower on its value in year-to-date trading and has touched a low of $26.62 and a high of $53.71 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 $31.74 in the last trading session, with the day’s loss setting it -0.89%.
Currently trading at $30.85, the stock is -0.89% and -8.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.63 million and changing -2.80% at the moment leaves the stock -26.55% off its SMA200. KLIC registered -34.36% loss for a year compared to 6-month loss of -32.32%.
The stock witnessed a 5.54% gain in the last 1 month and extending the period to 3 months gives it a -28.90%, and is -4.28% 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 3.48% over the week and 4.93% over the month.
Kulicke & Soffa Industries, Inc (KLIC) has around 2746 employees, a market worth around $1.65B and $691.08M in sales. Current P/E ratio is 85.34 and Fwd P/E is 16.21. Profit margin for the company is 3.11%. Distance from 52-week low is 15.87% and -42.56% from its 52-week high. The company has generated returns on investments over the last 12 months (2.41%).
The EPS is expected to grow by 2888.89% this year
The shares outstanding are 53.38M, and float is at 51.53M with Short Float at 4.83%.
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 15.7371 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 8.501 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.02 million shares representing 5.4715 and valued at over $148.78 million, while VICTORY CAPITAL MANAGEMENT INC holds 5.3658 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).
