For its fourth fiscal quarter (ending September 30), Kulicke and Soffa Industries Inc (NASDAQ: KLIC) has reported a -63% decline in E.P.S. from $1.12 a year ago to $0.41 in the current quarter. This performance was $-0.02 short of the consensus estimate of $0.43. For the latest four quarters through September 30, E.P.S. were $1.01 compared to $7.21 a year ago — a decline of -86%.
Recent Price Action
On 11/15/23, Kulicke and Soffa Industries Inc (NASDAQ: KLIC) stock declined slightly by -0.04%, closing at $46.77. The stock has performed in line with the market over the last nine months and has risen 6.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, KLIC is expected to continue to be a modest 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 41 and a neutral Power Rating of 54, producing 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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