Stock Rating Downgrade
In the last week the Value Trend Rating for Kulicke and Soffa Industries Inc (NASDAQ: KLIC) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 8/9/24, Kulicke and Soffa Industries Inc (NASDAQ: KLIC) stock declined slightly by -1.0%, closing at $40.46. NORMAL trading volume accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -8.3% 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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Kulicke and Soffa Industries has a neutral Appreciation Score of 54 but a poor Power Rating of 22, triggering the Negative Value Trend Rating.
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