News articles about KLA-Tencor Corporation (NASDAQ:KLAC) have trended somewhat positive on Saturday, according to Accern Sentiment. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. KLA-Tencor Corporation earned a news impact score of 0.19 on Accern’s scale. Accern also assigned news coverage about the semiconductor company an impact score of 46.0140224029195 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’s rankings:
- Nasdaq 100 Movers: NVDA, KLAC (nasdaq.com)
- See what the IHS Markit Score report has to say about KLA-Tencor Corp. (finance.yahoo.com)
- KLA-Tencor Corp (KLAC) SVP Sells $87,107.36 in Stock (americanbankingnews.com)
- $937.64 Million in Sales Expected for KLA-Tencor Corp (NASDAQ:KLAC) This Quarter (americanbankingnews.com)
- KLA-Tencor Corp. :KLAC-US: Earnings Analysis: 2017 By the Numbers : August 10, 2017 (finance.yahoo.com)
Shares of KLA-Tencor Corporation (KLAC) traded up 3.19% on Friday, reaching $90.34. The company’s stock had a trading volume of 1,069,552 shares. The stock has a market capitalization of $14.17 billion, a P/E ratio of 15.36 and a beta of 1.62. The company has a 50 day moving average of $95.09 and a 200 day moving average of $95.62. KLA-Tencor Corporation has a 1-year low of $66.89 and a 1-year high of $109.59.
KLA-Tencor Corporation (NASDAQ:KLAC) last released its quarterly earnings data on Thursday, July 27th. The semiconductor company reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.59 by $0.05. The firm had revenue of $938.60 million during the quarter, compared to analysts’ expectations of $923.80 million. KLA-Tencor Corporation had a return on equity of 88.61% and a net margin of 26.61%. The business’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.77 earnings per share. Equities research analysts expect that KLA-Tencor Corporation will post $6.70 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Tuesday, August 15th will be given a $0.59 dividend. The ex-dividend date of this dividend is Friday, August 11th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.61%. This is a boost from KLA-Tencor Corporation’s previous quarterly dividend of $0.54. KLA-Tencor Corporation’s payout ratio is currently 36.73%.
Several research firms have recently issued reports on KLAC. BidaskClub downgraded shares of KLA-Tencor Corporation from a “strong-buy” rating to a “buy” rating in a report on Friday, June 16th. Credit Suisse Group set a $115.00 price objective on shares of KLA-Tencor Corporation and gave the company a “buy” rating in a report on Saturday, July 29th. UBS AG downgraded shares of KLA-Tencor Corporation to a “neutral” rating in a report on Monday, April 17th. B. Riley restated a “buy” rating and set a $120.00 price objective on shares of KLA-Tencor Corporation in a report on Wednesday, August 2nd. Finally, Susquehanna Bancshares Inc reiterated a “negative” rating on shares of KLA-Tencor Corporation in a report on Monday, April 17th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $98.86.
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In other KLA-Tencor Corporation news, CFO Bren D. Higgins sold 9,567 shares of the business’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $89.15, for a total value of $852,898.05. Following the completion of the sale, the chief financial officer now owns 5,175 shares of the company’s stock, valued at $461,351.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Ahmad A. Khan sold 4,066 shares of KLA-Tencor Corporation stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $89.15, for a total value of $362,483.90. Following the completion of the transaction, the executive vice president now owns 5,489 shares in the company, valued at $489,344.35. The disclosure for this sale can be found here. Insiders sold 38,615 shares of company stock valued at $3,525,173 in the last ninety days. Insiders own 0.26% of the company’s stock.
KLA-Tencor Corporation Company Profile
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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