What is DA Davidson’s Estimate for KLIC FY2025 Earnings?

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) – Equities research analysts at DA Davidson decreased their FY2025 earnings per share estimates for shares of Kulicke and Soffa Industries in a note issued to investors on Thursday, February 6th. DA Davidson analyst T. Diffely now expects that the semiconductor company will earn $1.17 per share for the year, down from their prior estimate of $1.32. DA Davidson currently has a “Buy” rating and a $60.00 target price on the stock. The consensus estimate for Kulicke and Soffa Industries’ current full-year earnings is $1.29 per share. DA Davidson also issued estimates for Kulicke and Soffa Industries’ FY2026 earnings at $2.27 EPS.

Other research analysts have also recently issued reports about the stock. TD Cowen increased their target price on shares of Kulicke and Soffa Industries from $45.00 to $50.00 and gave the company a “hold” rating in a report on Friday, November 15th. StockNews.com raised Kulicke and Soffa Industries from a “sell” rating to a “hold” rating in a research note on Thursday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $53.00 price objective on shares of Kulicke and Soffa Industries in a report on Thursday. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $52.00.

Kulicke and Soffa Industries Stock Down 2.4 %

Shares of KLIC opened at $41.55 on Friday. Kulicke and Soffa Industries has a 52-week low of $38.20 and a 52-week high of $53.71. The company has a 50-day simple moving average of $47.01 and a 200-day simple moving average of $45.17. The company has a market capitalization of $2.23 billion, a PE ratio of -33.78 and a beta of 1.36.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its quarterly earnings data on Tuesday, February 4th. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.01). Kulicke and Soffa Industries had a negative return on equity of 0.92% and a negative net margin of 9.77%.

Kulicke and Soffa Industries declared that its Board of Directors has authorized a share buyback plan on Wednesday, November 13th that authorizes the company to repurchase $300.00 million in outstanding shares. This repurchase authorization authorizes the semiconductor company to buy up to 11.7% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Kulicke and Soffa Industries Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 7th. Shareholders of record on Thursday, December 19th were issued a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend was Thursday, December 19th. This is a boost from Kulicke and Soffa Industries’s previous quarterly dividend of $0.20. Kulicke and Soffa Industries’s dividend payout ratio is -66.67%.

Insiders Place Their Bets

In other news, SVP Robert Nestor Chylak sold 11,391 shares of Kulicke and Soffa Industries stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $49.52, for a total transaction of $564,082.32. Following the completion of the sale, the senior vice president now directly owns 20,838 shares in the company, valued at $1,031,897.76. The trade was a 35.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Fusen Ernie Chen sold 80,000 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $48.29, for a total transaction of $3,863,200.00. Following the transaction, the chief executive officer now directly owns 1,100,765 shares in the company, valued at $53,155,941.85. The trade was a 6.78 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 221,121 shares of company stock valued at $10,527,843. Corporate insiders own 3.40% of the company’s stock.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Hedge funds and other institutional investors have recently made changes to their positions in the business. Copeland Capital Management LLC boosted its stake in Kulicke and Soffa Industries by 22.0% in the 3rd quarter. Copeland Capital Management LLC now owns 1,469,516 shares of the semiconductor company’s stock worth $66,319,000 after buying an additional 264,638 shares during the last quarter. Royce & Associates LP lifted its holdings in shares of Kulicke and Soffa Industries by 20.3% during the 3rd quarter. Royce & Associates LP now owns 1,111,312 shares of the semiconductor company’s stock worth $50,154,000 after acquiring an additional 187,673 shares during the period. Pinpoint Asset Management Ltd acquired a new stake in shares of Kulicke and Soffa Industries in the third quarter worth approximately $4,062,000. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Kulicke and Soffa Industries by 105.6% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 146,079 shares of the semiconductor company’s stock valued at $6,593,000 after purchasing an additional 75,043 shares during the period. Finally, TimesSquare Capital Management LLC increased its position in Kulicke and Soffa Industries by 16.4% during the fourth quarter. TimesSquare Capital Management LLC now owns 530,827 shares of the semiconductor company’s stock worth $24,768,000 after purchasing an additional 74,920 shares during the last quarter. Hedge funds and other institutional investors own 98.22% of the company’s stock.

About Kulicke and Soffa Industries

Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices. It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS). The company offers ball bonding equipment, wafer level bonding equipment, wedge bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares and services for equipment.