Media headlines about KLA-Tencor Corporation (NASDAQ:KLAC) have been trending somewhat positive on Saturday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. KLA-Tencor Corporation earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 45.4914392646944 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- Insider Trading at KLA-Tencor Corporation? (topactu.net)
- Tencor Corporation (NASDAQ:KLAC) Announces Quarterly Dividend of $0.59 (overnewsmagazine.com)
- BidaskClub Lowers KLA-Tencor Corporation (KLAC) to Sell (americanbankingnews.com)
- KLA-Tencor (KLAC) Shares Cross Below 200 DMA (nasdaq.com)
- KLA-Tencor Corporation (NASDAQ:KLAC) Trading Down – Insiders Are Selling (highlightpress.com)
Shares of KLA-Tencor Corporation (NASDAQ KLAC) traded down 0.15% during mid-day trading on Friday, reaching $88.83. The company’s stock had a trading volume of 1,133,328 shares. The company has a market capitalization of $13.92 billion, a price-to-earnings ratio of 15.11 and a beta of 1.62. KLA-Tencor Corporation has a 1-year low of $66.88 and a 1-year high of $109.59. The firm’s 50 day moving average price is $97.02 and its 200-day moving average price is $95.42.
KLA-Tencor Corporation (NASDAQ:KLAC) last posted its earnings results on Thursday, July 27th. The semiconductor company reported $1.64 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.59 by $0.05. The business had revenue of $938.60 million for the quarter, compared to analyst estimates of $923.80 million. KLA-Tencor Corporation had a net margin of 26.61% and a return on equity of 88.61%. The business’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.77 EPS. On average, analysts predict that KLA-Tencor Corporation will post $6.71 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Tuesday, August 15th will be issued a dividend of $0.59 per share. This is a positive change from KLA-Tencor Corporation’s previous quarterly dividend of $0.54. The ex-dividend date is Friday, August 11th. This represents a $2.36 annualized dividend and a dividend yield of 2.66%. KLA-Tencor Corporation’s payout ratio is presently 36.73%.
A number of research firms recently commented on KLAC. BidaskClub cut KLA-Tencor Corporation from a “hold” rating to a “sell” rating in a report on Friday. B. Riley reiterated a “buy” rating and issued a $120.00 price objective on shares of KLA-Tencor Corporation in a report on Wednesday. Zacks Investment Research cut KLA-Tencor Corporation from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Stifel Nicolaus reiterated a “hold” rating and issued a $103.00 price objective (up from $102.00) on shares of KLA-Tencor Corporation in a report on Sunday, July 30th. Finally, Credit Suisse Group set a $115.00 price objective on KLA-Tencor Corporation and gave the company a “buy” rating in a report on Saturday, July 29th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $98.63.
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In related news, insider Bobby R. Bell sold 5,695 shares of KLA-Tencor Corporation stock in a transaction on Monday, June 12th. The shares were sold at an average price of $100.54, for a total transaction of $572,575.30. Following the transaction, the insider now owns 1 shares in the company, valued at approximately $100.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Virendra A. Kirloskar sold 314 shares of KLA-Tencor Corporation stock in a transaction on Wednesday, July 5th. The shares were sold at an average price of $91.74, for a total transaction of $28,806.36. Following the transaction, the senior vice president now owns 611 shares in the company, valued at approximately $56,053.14. The disclosure for this sale can be found here. Insiders have sold a total of 11,272 shares of company stock worth $1,097,537 in the last 90 days. Company insiders own 0.26% of the company’s stock.
About KLA-Tencor Corporation
KLA-Tencor Corporation (KLA-Tencor) is a supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The Company’s products are also used in a number of other high technology industries, including the light emitting diode (LED) and data storage industries, as well as general materials research.
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