Equities research analysts expect that KLA-Tencor Corp (NASDAQ:KLAC) will post $960.22 million in sales for the current quarter, Zacks Investment Research reports. Five analysts have provided estimates for KLA-Tencor’s earnings. The lowest sales estimate is $940.00 million and the highest is $971.50 million. KLA-Tencor reported sales of $876.89 million in the same quarter last year, which indicates a positive year over year growth rate of 9.5%. The firm is scheduled to announce its next quarterly earnings results on Thursday, January 25th.
According to Zacks, analysts expect that KLA-Tencor will report full year sales of $960.22 million for the current financial year, with estimates ranging from $3.85 billion to $4.06 billion. For the next fiscal year, analysts expect that the business will report sales of $4.19 billion per share, with estimates ranging from $4.16 billion to $4.24 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that follow KLA-Tencor.
KLA-Tencor (NASDAQ:KLAC) last released its earnings results on Thursday, October 26th. The semiconductor company reported $1.80 EPS for the quarter, beating the consensus estimate of $1.63 by $0.17. KLA-Tencor had a net margin of 27.82% and a return on equity of 84.61%. The firm had revenue of $970.00 million for the quarter, compared to analyst estimates of $946.86 million. During the same period last year, the firm earned $1.16 EPS. The business’s quarterly revenue was up 29.2% compared to the same quarter last year.
KLA-Tencor (NASDAQ KLAC) opened at $107.56 on Friday. The company has a quick ratio of 2.59, a current ratio of 3.11 and a debt-to-equity ratio of 1.72. KLA-Tencor has a 1-year low of $77.86 and a 1-year high of $114.43. The company has a market cap of $16,880.00, a PE ratio of 16.50 and a beta of 1.63.
In related news, EVP Ahmad A. Khan sold 3,652 shares of KLA-Tencor stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $102.20, for a total transaction of $373,234.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Bobby R. Bell sold 3,199 shares of KLA-Tencor stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $101.52, for a total transaction of $324,762.48. The disclosure for this sale can be found here. Insiders have sold a total of 30,664 shares of company stock worth $3,191,064 over the last ninety days. 0.20% of the stock is currently owned by insiders.
A number of large investors have recently bought and sold shares of the stock. Pacer Advisors Inc. lifted its position in shares of KLA-Tencor by 3.6% in the 2nd quarter. Pacer Advisors Inc. now owns 4,755 shares of the semiconductor company’s stock worth $435,000 after purchasing an additional 167 shares during the period. Principal Financial Group Inc. lifted its position in shares of KLA-Tencor by 2.4% in the 2nd quarter. Principal Financial Group Inc. now owns 253,013 shares of the semiconductor company’s stock worth $23,153,000 after purchasing an additional 5,987 shares during the period. Los Angeles Capital Management & Equity Research Inc. lifted its position in shares of KLA-Tencor by 88.6% in the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 145,636 shares of the semiconductor company’s stock worth $13,327,000 after purchasing an additional 68,414 shares during the period. Freestone Capital Holdings LLC lifted its position in shares of KLA-Tencor by 9.2% in the 2nd quarter. Freestone Capital Holdings LLC now owns 43,984 shares of the semiconductor company’s stock worth $4,025,000 after purchasing an additional 3,705 shares during the period. Finally, Tredje AP fonden lifted its position in shares of KLA-Tencor by 111.6% in the 2nd quarter. Tredje AP fonden now owns 26,710 shares of the semiconductor company’s stock worth $2,444,000 after purchasing an additional 14,090 shares during the period. Institutional investors and hedge funds own 90.63% of the company’s stock.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for KLA-Tencor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KLA-Tencor and related companies with MarketBeat.com's FREE daily email newsletter.