Kulicke and Soffa Industries, Inc. (KLIC) Receives $31.00 Consensus PT from Analysts

Marco Green
November 14, 2017

Traders are a little more bullish on shares of Kulicke and Soffa lately if you look at the fall in short interest. Tracking most recent quarter period, Price to book (P/B) ration is at 1.90 and Price to cash per share ration is at 2.97. EPS serves as an pointer of a company's profitability/success. A total of 2.59 million shares exchanged at hands and its average trading volume is standing at 0.39 million shares. The average volume stands around 1765415. The monthly stock performance comes in at 7.54%. The past can be a helpful indicator for future performance for a stock.

Analysts had expected the company to earn $0.35 per share, according figures compiled by Thomson Reuters.

ATR stands at 0.57 while Beta factor of the stock stands at 1.36. Typically, if the value heads above -20, the stock may be considered to be overbought.

The stock increased 0.27% or $0.07 on November 10, reaching $25.57. The stock's current RSI reading is at 66.76.

Its distance from 20 days simple moving average is 22.59%, and its distance from 50 days simple moving average is 30.03% while it has a distance of 33.94% from the 200 days simple moving average. (KLIC) stock price escalated 19.67% to finalize at $28.35 throughout previous buying and selling session.

Kulicke and Soffa Industries, Inc., launched on November 26, 1956, designs, manufactures and sells capital equipment and expendable tools, as well as services, maintains, repairs and upgrades equipment, all used to assemble semiconductor devices. Its P/Cash is valued at 2.97.

The company's quick ratio for most recent quarter is 4.20. On Wednesday, September 28 the stock rating was downgraded by Brean Capital to "Hold".

Kulicke and Soffa Industries announced that its Board of Directors has approved a stock buyback program on Tuesday, August 15th that authorizes the company to buyback $100.00 million in outstanding shares. WFC institutional ownership is held at 78% while insider ownership was 79.58%. About 4,095 shares traded. Its P/Cash is valued at 0.65. The firm has "Buy" rating by B. Riley & Co given on Wednesday, August 2. It did not give a target for earnings per share. If RVOL is less than 1 it is not In Play on this trading day and Investors may decide not to trade it. The impact of earnings growth is exponential. -Earnings Growth (Y-o-Y): 254.1% -EPS (Q4): $0.51 vs. $0.15 a year ago. The company was upgraded on Monday, January 9 by JMP Securities. The company was maintained on Wednesday, September 27 by Stifel Nicolaus. Analyst's mean target price for Wells Fargo & Company is $57.93. The company's P/E ratio is 23.29 and the market cap of the company is 1.97B. The company created a change of 1.13% and now trading at 16.94. A significant increase in trading volume means that more than double the average amount of stocks are moving.

Coty Inc., that has shown a discernible change in trend levels over the path of recent market activity. In this case performance of tends to percentage rate of return for a stock for a given time frame. Kulicke and Soffa Industries has a 52-week low of $13.08 and a 52-week high of $23.00. Beta element is utilized to gauge the unpredictability of the stock. The correct version of this news story can be read at https://stocknewstimes.com/2017/11/14/kulicke-and-soffa-industries-inc-klic-issues-earnings-results-beats-expectations-by-0-21-eps.html. Its P/Cash is esteemed at 0. Stock repurchase programs are often an indication that the company's board believes its stock is undervalued.

Common shareholders want to know how profitable their capital is in the businesses they invest it in. speculator will discover its ROE, ROA, ROI remaining at -4.6%, -1.9% and -1.1%, individually.

They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information.

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