Analyst Ratings for Kulicke & Soffa Industries Inc. (KLIC)Updated: 2017-07-29
Shares of Kulicke & Soffa Industries Inc. (NASDAQ:KLIC) have received a consensus rating of Overweight from Wall Street analysts. Last month, KLIC received an average rating of Overweight.
5 analysts issued ratings on the stock, where 4 gave KLIC a buy rating, 0 gave an overweight rating, 0 issued a hold rating, 1 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for KLIC. The most optimistic price target was 31, which equates to a potential upside of 44.12 percent. The minimum price target given was 15.5, which equates to a potential downside of -27.94 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -12.36 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 8.8 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.36 percent. If we look at the last 90 days instead, we find a net average change of 27.04 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
The growth rate of KLIC's earnings is estimated by analysts to be 14.93 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of KLIC is 1.18.
KLIC has a 52-week high of 23.00 and a 52-week low of 11.29. Today's price is 90.52 percent above the 52-week low, and 6.48 percent below the high. KLIC has a price/earnings ratio of 17.63. Investors typically compare the P/E ratio to a company's peers in the industry. The KLIC value stock report compares KLIC to some of its peers using value stock charts. The market cap of KLIC is $1.53 billion. KLIC's next earnings release will be on 0000-00-00, which is days away.