For its third fiscal quarter (ending June 30), Kulicke and Soffa Industries Inc (NASDAQ: KLIC) has reported a 214% increase in E.P.S. from $0.07 a year ago to $0.22 in the current quarter. Relative to the consensus estimate of $0.30, this was a shortfall of $-0.08. E.P.S. were $-1.04 for the latest four quarters through June 30 versus $1.72 for the same period a year ago — a decline of -160%.
Recent Price Action
Kulicke and Soffa Industries Inc (NASDAQ: KLIC) stock closed at $39.61 on 8/7/24 after a decline of -3.6%. Moreover, trading volume in this decline was above average at 140% of normal. The stock has been weak relative to the market over the last nine months and has declined -11.9% 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 (Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Kulicke and Soffa Industries has a neutral Appreciation Score of 55 but a poor Power Rating of 24, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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