KLA-Tencor Corporation (KLAC) Getting Somewhat Positive Press Coverage, Analysis Finds
Press coverage about KLA-Tencor Corporation (NASDAQ:KLAC) has trended somewhat positive on Monday, according to Accern. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. KLA-Tencor Corporation earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned news headlines about the semiconductor company an impact score of 45.576719370226 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Top Stock Reports for Cisco, Dominion Energy and Petrobras (finance.yahoo.com)
- Edward W. Barnholt Sells 10,914 Shares of KLA-Tencor Corporation (KLAC) Stock (americanbankingnews.com)
- 4 Stocks for Baby Boomers as They Approach Retirement (nasdaq.com)
- Why You Shouldn’t Bet Against KLA-Tencor (KLAC) Stock (finance.yahoo.com)
- KLA-Tencor Corp. : KLAC-US: Dividend Analysis : November 15th, 2017 (record date) : By the numbers : November 15, 2017 (finance.yahoo.com)
KLA-Tencor Corporation (NASDAQ KLAC) traded down $3.12 during trading hours on Monday, reaching $101.65. 1,693,600 shares of the company’s stock were exchanged, compared to its average volume of 1,235,078. The company has a debt-to-equity ratio of 1.72, a quick ratio of 2.59 and a current ratio of 3.11. The stock has a market capitalization of $15,929.36, a P/E ratio of 15.45 and a beta of 1.68. KLA-Tencor Corporation has a 12 month low of $74.66 and a 12 month high of $110.00.
KLA-Tencor Corporation (NASDAQ:KLAC) last posted its quarterly earnings results on Thursday, October 26th. The semiconductor company reported $1.80 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.63 by $0.17. KLA-Tencor Corporation had a net margin of 27.82% and a return on equity of 84.61%. The company had revenue of $970.00 million for the quarter, compared to the consensus estimate of $946.86 million. During the same quarter last year, the firm posted $1.16 earnings per share. KLA-Tencor Corporation’s revenue was up 29.2% on a year-over-year basis. research analysts anticipate that KLA-Tencor Corporation will post 7.16 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be given a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.32%. The ex-dividend date is Tuesday, November 14th. KLA-Tencor Corporation’s payout ratio is currently 36.14%.
KLAC has been the topic of several recent analyst reports. Credit Suisse Group reissued an “outperform” rating on shares of KLA-Tencor Corporation in a research note on Thursday, August 31st. Goldman Sachs Group, Inc. (The) downgraded shares of KLA-Tencor Corporation from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $108.00 to $97.00 in a research note on Wednesday, September 13th. Needham & Company LLC reissued a “buy” rating and set a $120.00 price objective on shares of KLA-Tencor Corporation in a research note on Friday, September 1st. B. Riley reissued a “buy” rating and set a $129.00 price objective (up previously from $120.00) on shares of KLA-Tencor Corporation in a research note on Friday, October 27th. Finally, BidaskClub downgraded shares of KLA-Tencor Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $107.51.
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In other news, Chairman Edward W. Barnholt sold 10,914 shares of the stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $104.90, for a total value of $1,144,878.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Ahmad A. Khan sold 3,652 shares of the stock in a transaction on Friday, November 10th. The stock was sold at an average price of $102.20, for a total transaction of $373,234.40. The disclosure for this sale can be found here. Insiders sold 40,025 shares of company stock valued at $4,088,345 in the last three months. Company insiders own 0.20% 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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