Headlines about KLA-Tencor (NASDAQ:KLAC) have been trending positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. KLA-Tencor earned a daily sentiment score of 0.27 on Accern’s scale. Accern also gave news coverage about the semiconductor company an impact score of 45.6940574659517 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news articles that may have effected Accern’s rankings:

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Shares of KLAC stock traded up $0.87 during trading hours on Wednesday, reaching $118.06. 1,456,721 shares of the company’s stock were exchanged, compared to its average volume of 1,557,766. The company has a debt-to-equity ratio of 2.03, a current ratio of 3.73 and a quick ratio of 3.06. KLA-Tencor has a one year low of $87.93 and a one year high of $123.96. The stock has a market capitalization of $18,164.80, a price-to-earnings ratio of 28.45 and a beta of 1.43.

KLA-Tencor (NASDAQ:KLAC) last released its earnings results on Thursday, January 25th. The semiconductor company reported $1.97 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.73 by $0.24. KLA-Tencor had a net margin of 17.28% and a return on equity of 85.81%. The firm had revenue of $975.82 million for the quarter, compared to analyst estimates of $968.00 million. During the same period in the prior year, the firm earned $1.52 earnings per share. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. equities analysts forecast that KLA-Tencor will post 7.71 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Investors of record on Tuesday, May 15th will be paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.54%. This is a positive change from KLA-Tencor’s previous quarterly dividend of $0.59. KLA-Tencor’s dividend payout ratio is presently 56.87%.

KLA-Tencor announced that its board has authorized a share buyback program on Monday, March 19th that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the semiconductor company to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

A number of research firms have commented on KLAC. Bank of America began coverage on shares of KLA-Tencor in a research report on Wednesday. They issued a “buy” rating and a $140.00 target price on the stock. Argus cut their price target on shares of KLA-Tencor from $135.00 to $115.98 and set a “buy” rating on the stock in a research note on Tuesday. BidaskClub upgraded shares of KLA-Tencor from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Susquehanna Bancshares upgraded shares of KLA-Tencor from a “negative” rating to a “neutral” rating in a research note on Thursday, February 22nd. Finally, UBS upgraded shares of KLA-Tencor to a “neutral” rating in a research note on Thursday, February 22nd. Five equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. KLA-Tencor currently has an average rating of “Buy” and a consensus target price of $121.27.

In related news, insider Richard P. Wallace sold 13,299 shares of the company’s stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $110.10, for a total transaction of $1,464,219.90. Following the sale, the insider now directly owns 43,442 shares in the company, valued at $4,782,964.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Bren D. Higgins sold 854 shares of the company’s stock in a transaction that occurred on Thursday, March 1st. The stock was sold at an average price of $112.92, for a total transaction of $96,433.68. The disclosure for this sale can be found here. Insiders have sold 23,445 shares of company stock worth $2,579,450 over the last 90 days. Insiders own 0.20% of the company’s stock.

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KLA-Tencor 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.

Insider Buying and Selling by Quarter for KLA-Tencor (NASDAQ:KLAC)

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