Analyst Rating Update on Kulicke and Soffa Industries (KLIC)

Kulicke and Soffa Industries (KLIC) : Zacks Investment Research ranks Kulicke and Soffa Industries (KLIC) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. The average broker rating of 3 research analysts is 2, which indicates as a Buy.

Kulicke and Soffa Industries (KLIC) : The highest short term price target forecast on Kulicke and Soffa Industries (KLIC) is $16 and the lowest target price is $11. A total of 3 equity analysts are currently covering the company. The average price of all the analysts is $14.17 with a standard deviation of $3.18.

For the current week, the company shares have a recommendation consensus of Buy.


Kulicke and Soffa Industries (NASDAQ:KLIC): The stock opened at $11.96 on Wednesday but the bulls could not build on the opening and the stock topped out at $12.33 for the day. The stock traded down to $11.50 during the day, due to lack of any buying support eventually closed down at $11.87 with a loss of -4.27% for the day. The stock had closed at $12.40 on the previous day. The total traded volume was 1,306,911 shares.

Kulicke and Soffa Industries, Inc. (K&S), designs, manufactures and sells capital equipment and expendable tools used to assemble semiconductor devices, including integrated circuits (IC), high and low powered discrete devices, light-emitting diodes (LEDs), and power modules. The Company also service, maintain, repair and upgrade its equipment. Its customers consist of semiconductor device manufacturers, outsourced semiconductor assembly and test providers (OSATs), other electronics manufacturers and automotive electronics suppliers. The Company operates in two business segments: Equipment and Expendable Tools. The Companys Equipment segment manufactures and sells a line of ball bonders, heavy wire wedge bonders and wafer level bonders. Expendable Tools segment manufactures and sells a variety of expendable tools for a range of semiconductor packaging applications. Its Expendable Tools segment products include: capillaries, bonding wedges and dicing blades.

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