Kulicke and Soffa, First Financial Bankshares, Texas Instruments, ON Semiconductor and Intel highlighted as Zacks Bull and Bear of the Day

An image of a person looking at a financial report
Credit: Shutterstock photo

For Immediate Release

Chicago, IL - March 13, 2018 - Zacks Equity Research highlights Kulicke and Soffa KLIC as the Bull of the Day, First Financial Bankshares FFIN as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Texas InstrumentsTXN , ON Semiconductor CorporationON and Intel CorporationINTC .

Here is a synopsis of all five stocks:

Bull of the Day :

Kulicke and Soffa is a Zacks Rank #1 (Strong Buy) and carries a growth Style Score of "A" and that alone with get the stock on my aggressive growth radar screen. Let's take a look at why this stock is a Zacks Rank #1 (Strong Buy) and why it became the Bull Of The Day.


Kulicke & Soffa is a leading provider of semiconductor packaging and electronic assembly solutions supporting the global automotive, consumer, communications, computing and industrial segments. As a pioneer in the semiconductor space, K&S has provided customers with market leading packaging solutions for decades. In recent years, K&S has expanded its product offerings through strategic acquisitions and organic development, adding advanced packaging, electronics assembly, wedge bonding and a broader range of expendable tools to its core offerings. Combined with its extensive expertise in process technology and focus on development, K&S is well positioned to help customers meet the challenges of packaging and assembling the next-generation of electronic devices.


KLIC has an impressive streak of 9 beats of the Zacks Consensus Estimate. The last four have been very impressive with the company posting a posting an average positive earnings surprise of 49%.

The most recent report saw the company come in with $0.51 when $0.26 was expected. That $0.25 beat translates into a 96% positive earnings surprise.

Following the most recent earnings report, estimates have moved higher.


60 days ago, the Zacks Consensus Estimate was at $1.69, but it has shot higher following the big beat. The current year estimate now states at $2.23.

The move was not regulated to this year alone, as estimates for next fiscal year also moved higher. Prior to the beat, the Zacks Consensus Estimate was at $1.98 and is now at $2.45.


KLIC trades at 12x trailing and 11.2x forward earnings estimates and that is well below the industry average of 18x. The company also shows a discount to the industry multiple for price to book at 2x compared to 3.3x as well as price to sales of 2x compared to an industry average of 3.1x.

Bear of the Day :

First Financial Bankshares is a Zacks Rank #5 (Strong Sell) following an earnings miss. Estimates have fallen and the stock now has the lowest Zacks Rank. Let's explore why this is the case in the Bear Of The Day.


First Financial Bankshares provides commercial banking products and services primarily in Texas. First Financial Bankshares, Inc. was founded in 1890 and is based in Abilene, Texas.

Recent Miss

After putting together a string of 5 consecutive beats of the Zacks Consensus Estimate, FFIN missed on its most recent earnings report. The company posted EPS of $0.43 but the consensus was calling for one penny more.

I cannot sit here an think that missing one of 6 quarters is really bad at all, especially since the one miss was just a penny. Let's look at the estimates.


As I look at the detailed estimates page, I only see good news. The estimates are moving higher, and have been for the past 90 days.

Clearly, this stock dropped in Rank due to the miss, but could also be impacted by the fact that most other stocks also beat and did so by larger margins.

Additional content:

3 "Internet of Things" Stocks to Buy Now

Semiconductor stocks were hit hard by the recent market sell-off, but the underlying business of this industry is growing-and should continue that trend in 2018 and beyond. Throughout the chip-making space, companies have successfully adapted to the changing needs of the consumer, including an increased demand for small, high-powered chips that enable "Internet of Things" (IoT) devices.

For those that don't know, the Internet of Things is the growing world of interconnected household and industrial devices. Everyday products and machines can now be embedded with sensor technology to process data or interact with other electronic devices.

For example, consumer-level IoT products include things like Amazon's Echo "smart speaker," wearable motion and activity tracking products, and advanced in-car technology. On the commercial side of the IoT market, industrial manufacturers have begun implementing sensors into machines to track performance and efficiency.

(Also Read:How to Invest in the "Internet of Things" )

As demand for the microchips that power these IoT devices continues to grow, semiconductor manufacturers with a focus on IoT products will continue to benefit. And 2018 promises to be another marquee year for these suppliers, with the number of connected devices worldwide set to continue its rapid growth.

With that said, we've found three already-strong stocks that are looking to benefit even more from further IoT growth in 2018:

1. Texas Instruments

Although you might recognize the brand because of its calculators, Texas Instruments is actually one of the leading suppliers of advanced semiconductors in the world. The company's IoT profile falls under its Embedded Processors division, which includes the Connectivity, Microcontrollers, and Processors categories.

Texas Instruments reported year-over-year growth of 20% in its Embedded Processors division during the most recent quarter. The firm also surpassed revenue estimates and released in-line guidance. TXN is now sporting a Zacks Rank #2 (Buy). Meanwhile, the stock has a P/E of 22.4 and a PEG of 2.3, so investors are getting a decent price for its earnings and earnings growth outlook.

2. ON Semiconductor Corporation

ON Semiconductor has traditionally been known as a power management and commodity chip maker, but the company has started to carve out a budding IoT division. ON is now heavily involved with automotive solutions, and its IoT offerings also include products catered to wearables, smart city development, and industrial automation.

ON is currently a Zacks Rank #2 (Buy) and has emerged as an interesting earnings growth pick. The company is expected to post EPS growth of 86% in its current quarter and 19% for the full year. Overall, the firm is projected to improve its earnings at an annualized rate of more than 12% over the next three to five years. But the stock is also trading with a P/E of 15.4 and a P/S of 2.0, so it looks pretty cheap right now.

3. Intel Corporation

Intel is one of the world's largest semiconductor companies, and it has proven to be a leader in the Internet of Things chip business. Intel's core IoT businesses cater to the automotive, retail, industrial, and smart video markets. But the firm also believes in the wide-ranging power of IoT technology and stands ready to influence the industry, wherever it may go.

Intel recently crushed earnings estimates by nearly 26%, extending its strong earnings surprise streak and inspiring positive revisions for upcoming quarters. The stock is now carrying a Zacks Rank #2 (Buy). The company is also extremely financially sound, generating about $5.32 in cash per share and operating with a better-than-industry-average net margin of 15%. Intel also offers a respectable 2.3% dividend.

Bottom Line

The Internet of Things is one of the most exciting emerging tech markets in the world. And while these specific products are interesting, the real moneymakers in these situations are the companies that are building the tech that powers these products. The Internet of Things needs semiconductors to function, and as the IoT grows, so too will semiconductor companies.

The best way for investors to cash in on this growing trend is to identify semiconductor companies that are not only investing in the Internet of Things, but are also displaying solid fundamentals and impressive Zacks metrics.

Want more market analysis from this author? Make sure to follow @ Ryan_McQueeney on Twitter!

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>

Get today's Zacks #1 Stock of the Day with your free subscription to Profit from the Pros newsletter:

About the Bull and Bear of the Day

Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.

Follow us on Twitter:

Join us on Facebook:

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339 provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. .

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Kulicke and Soffa Industries, Inc. (KLIC): Free Stock Analysis Report

First Financial Bankshares, Inc. (FFIN): Free Stock Analysis Report

Intel Corporation (INTC): Free Stock Analysis Report

Texas Instruments Incorporated (TXN): Free Stock Analysis Report

ON Semiconductor Corporation (ON): Free Stock Analysis Report

To read this article on click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story


Other Topics


Latest Markets Videos


    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at

    Learn More