Kulicke and Soffa Industries Inc (NASDAQ: KLIC) has reported E.P.S. of $-1.83 for its second fiscal quarter (ending March 31) versus $0.27 for the same period a year ago — a decline of -778%. This performance was $-2.45 short of the consensus estimate of $0.62. E.P.S. were $-1.18 for the latest four quarters through March 31 versus $3.66 for the same period a year ago — a decline of -132%.
Recent Price Action
On 5/1/24, Kulicke and Soffa Industries Inc (NASDAQ: KLIC) stock declined by -4.1%, closing at $44.36. Moreover, unusually high trading volume at 180% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -3.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, KLIC is expected to continue to be a Value Builder.
Kulicke and Soffa Industries has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Kulicke and Soffa Industries has a neutral Appreciation Score of 52 and a neutral Power Rating of 42, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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