Why Kulicke and Soffa Industries Shares Jumped Today

Cornelia Mascio
Novembre 14, 2017

KLIC's profit would be $25.62 million giving it 16.40 P/E if the $0.36 EPS is correct.

Stock in Focus: Kulicke and Soffa Industries, Inc. Cambridge Tru Co accumulated 7,135 shares or 0.03% of the stock. Kulicke and Soffa Industries has a one year low of $13.98 and a one year high of $24.56.

Shares of Kulicke and Soffa Industries (NASDAQ: KLIC) have jumped today, up 21% as of 1:42 p.m. EST, after the company reported fiscal fourth-quarter results and announced guidance for the next quarter that easily topped analyst expectations. It has outperformed by 73.08% the S&P500.

Loeb Partners Corporation increased Keycorp New (KEY) stake by 350% reported in 2017Q2 SEC filing. Breithorn Capital Management sold 193,270 shares as the company's stock rose 3.94% with the market.

Short traders are more bullish on shares of the company lately as shown by the decrease in short interest. Keycorp New now has $18.97B valuation. For the week, the stock is performing 0.25%. About 1,526 shares traded. It has outperformed by 26.40% the S&P500. (NASDAQ:KLIC). Advisory Ntwk Llc has 5,136 shares for 0.01% of their portfolio. Therefore 67% are positive. Zacks Investment Research upgraded shares of Kulicke and Soffa Industries from a "sell" rating to a "hold" rating in a report on Tuesday, August 1st. The number of shares now owned by investors are 70.83 mln. The firm has "Buy" rating by B. Riley & Co given on Wednesday, August 2.

Investors sentiment increased to 1.63 in Q2 2017. Its down 0.59, from 2.5 in 2017Q1. Envestnet Asset Management Inc. increased its position in shares of Kulicke and Soffa Industries by 10.5% in the 1st quarter. 39 funds opened positions while 75 raised stakes. Park West Asset Mngmt Lc has invested 1.85% in TrueCar Inc (NASDAQ:TRUE). 115 were accumulated by Tci Wealth Advisors Incorporated. The institutional investor held 198,976 shares of the technology company at the end of 2017Q2, valued at $3.79M, down from 392,246 at the end of the previous reported quarter. Prudential Financial holds 0% or 147,465 shares in its portfolio.

Coty Inc., a US based Company, belongs to Consumer Goods sector and Personal Products industry. (NASDAQ:KLIC) is performing 48.53%. (NASDAQ:KLIC)'s earnings is on the doorstep as the firm is set to report on 11/14/2017 8:30:00 AM. Assetmark stated it has 327 shares or 0% of all its holdings. International Grp Inc Inc owns 38,835 shares. As of the end of the quarter Dimensional Fund Advisors Lp had acquired a total of 22,569 shares growing its holdings by 0.4%. Forest Hill Cap Llc invested in 147,641 shares. (NASDAQ:KLIC). Ny State Teachers Retirement Sys has 0.01% invested in Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) for 71,597 shares.

Kulicke and Soffa Industries declared that its Board of Directors has initiated a share repurchase plan on Tuesday, August 15th that permits the company to repurchase $100.00 million in outstanding shares. (NASDAQ:KLIC). Hutchin Hill Cap Lp owns 36,800 shares or 0.02% of their United States portfolio. About 1,203 shares traded.

Kulicke and Soffa Industries, Inc. designs, makes and sells capital equipment and expendable tools, as well as services, maintains, repairs and upgrades equipment, all used to assemble semiconductor devices. The company has a quick ratio of 4.20, a current ratio of 4.83 and a debt-to-equity ratio of 0.02.

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE