Headlines about KLA-Tencor Corporation (NASDAQ:KLAC) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. KLA-Tencor Corporation earned a news impact score of 0.09 on Accern’s scale. Accern also assigned news headlines about the semiconductor company an impact score of 45.4914392646944 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment’s analysis:
- Chartists Place KLA-Tencor Corp (KLAC) on Notice: Technical Update - Evergreen Caller (evergreencaller.com)
- Taking a Look Under the Hood at KLA-Tencor Corp (KLAC) Shares - Evergreen Caller (evergreencaller.com)
- Can This Stock Gain Any Traction: KLA-Tencor Corporation (NASDAQ:KLAC)? - FLBC News (flbcnews.com)
- Watch for Kla-Tencor Corp to Potentially Pullback After Gaining 1.41% Yesterday (mysmartrend.com)
- Investors Swarm in on KLA-Tencor Corporation (NASDAQ:KLAC) Shares - FLBC News (flbcnews.com)
A number of brokerages recently weighed in on KLAC. B. Riley reissued a “buy” rating and issued a $115.00 price target on shares of KLA-Tencor Corporation in a report on Friday, April 28th. UBS AG downgraded shares of KLA-Tencor Corporation to a “neutral” rating in a report on Monday, April 17th. Cowen and Company reissued a “buy” rating and issued a $120.00 price target on shares of KLA-Tencor Corporation in a report on Tuesday, July 11th. BidaskClub downgraded shares of KLA-Tencor Corporation from a “strong-buy” rating to a “buy” rating in a report on Friday, June 16th. Finally, Susquehanna Bancshares Inc reissued a “negative” rating on shares of KLA-Tencor Corporation in a report on Monday, April 17th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $98.86.
Shares of KLA-Tencor Corporation (NASDAQ:KLAC) traded down 0.52% during midday trading on Tuesday, hitting $91.02. The stock had a trading volume of 1,123,957 shares. KLA-Tencor Corporation has a 12 month low of $66.89 and a 12 month high of $109.59. The stock’s 50 day moving average price is $94.76 and its 200 day moving average price is $95.89. The firm has a market cap of $14.28 billion, a price-to-earnings ratio of 15.48 and a beta of 1.62.
KLA-Tencor Corporation (NASDAQ:KLAC) last posted its quarterly earnings data on Thursday, July 27th. The semiconductor company reported $1.64 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.59 by $0.05. KLA-Tencor Corporation had a return on equity of 88.61% and a net margin of 26.61%. The firm had revenue of $938.60 million for the quarter, compared to analysts’ expectations of $923.80 million. During the same period in the previous year, the firm earned $1.77 EPS. The business’s quarterly revenue was up 2.1% on a year-over-year basis. On average, equities analysts forecast that KLA-Tencor Corporation will post $6.70 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th will be given a dividend of $0.59 per share. This is a boost from KLA-Tencor Corporation’s previous quarterly dividend of $0.54. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date is Friday, August 11th. KLA-Tencor Corporation’s payout ratio is presently 36.73%.
In other news, SVP Virendra A. Kirloskar sold 314 shares of KLA-Tencor Corporation stock in a transaction dated Wednesday, July 5th. The stock was sold at an average price of $91.74, for a total transaction of $28,806.36. Following the transaction, the senior vice president now directly owns 611 shares of the company’s stock, valued at approximately $56,053.14. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Bren D. Higgins sold 9,567 shares of KLA-Tencor Corporation stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $89.15, for a total value of $852,898.05. Following the transaction, the chief financial officer now directly owns 5,175 shares in the company, valued at $461,351.25. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 38,615 shares of company stock worth $3,525,173. Insiders own 0.26% of the company’s stock.
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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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