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Kulicke & Soffa (KLIC) Gets a Hold Rating from Needham

In a report released today, Charles Shi from Needham maintained a Hold rating on Kulicke & Soffa (KLICResearch Report). The company’s shares closed last Thursday at $50.01.

According to TipRanks.com, Shi is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -10.4% and a 17.9% success rate. Shi covers the Technology sector, focusing on stocks such as Cadence Design, Taiwan Semi, and Formfactor.

Currently, the analyst consensus on Kulicke & Soffa is a Hold with an average price target of $59.00.

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Kulicke & Soffa’s market cap is currently $3.12B and has a P/E ratio of 6.36.

Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Kulicke & Soffa Industries, Inc. engages in the design, manufacture, and sale of tools used to assemble semiconductor devices. It operates through the Capital Equipment and APS segments. The Capital Equipment segment consists of ball bonders, wedge bonders, advanced packaging, and electronic assembly solutions. The APS segment offers a variety of expandable tools for a broad range of semiconductor packaging applications. The company was founded by Frederick W. Kulicke and Albert Soffa in 1951 and is headquartered in Singapore.

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