Somewhat Positive Press Coverage Somewhat Unlikely to Impact KLA-Tencor (KLAC) Stock Price
Headlines about KLA-Tencor (NASDAQ:KLAC) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. KLA-Tencor earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the semiconductor company an impact score of 45.8164119727978 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have effected Accern’s scoring:
- An Intrinsic Value Calculation For KLA-Tencor Corporation (KLAC) Shows Investors Are Overpaying (finance.yahoo.com)
- Worth Watching Stocks in Queue: KLA-Tencor Corporation, (NASDAQ: KLAC), Best Buy Co., Inc., (NYSE: BBY), Hi … – Stocks In The News (press release) (tradingnewsnow.com)
- Looking for a Growth Stock? Why It is Time to Focus on KLA-Tencor (KLAC) (finance.yahoo.com)
- KLA-Tencor Corp (KLAC) Director Emiko Higashi Sells 500 Shares (americanbankingnews.com)
- IBD Rating Upgrades: KLA Tencor Shows Improved Price Strength (finance.yahoo.com)
A number of equities research analysts have recently weighed in on the company. Argus assumed coverage on KLA-Tencor in a research report on Wednesday, November 29th. They set a “buy” rating and a $125.00 target price for the company. Citigroup lifted their price objective on KLA-Tencor from $106.00 to $110.00 and gave the stock a “neutral” rating in a research note on Monday, October 30th. B. Riley reaffirmed a “buy” rating and set a $129.00 price objective (up from $120.00) on shares of KLA-Tencor in a research note on Friday, October 27th. J P Morgan Chase & Co reaffirmed a “buy” rating and set a $136.00 price objective on shares of KLA-Tencor in a research note on Friday, October 27th. Finally, Stifel Nicolaus lifted their price objective on KLA-Tencor from $106.00 to $114.00 and gave the stock a “buy” rating in a research note on Wednesday, October 25th. Three analysts have rated the stock with a sell rating, six have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. KLA-Tencor presently has an average rating of “Hold” and an average target price of $108.68.
KLA-Tencor (NASDAQ KLAC) traded down $0.60 during trading hours on Friday, reaching $103.98. The company’s stock had a trading volume of 1,020,000 shares, compared to its average volume of 1,779,969. KLA-Tencor has a 1 year low of $76.56 and a 1 year high of $110.00. The company has a current ratio of 3.11, a quick ratio of 2.59 and a debt-to-equity ratio of 1.72. The firm has a market capitalization of $16,294.50, a PE ratio of 15.80, a price-to-earnings-growth ratio of 0.67 and a beta of 1.63.
KLA-Tencor (NASDAQ:KLAC) last posted its earnings results on Thursday, October 26th. The semiconductor company reported $1.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.17. KLA-Tencor had a return on equity of 84.61% and a net margin of 27.82%. The firm had revenue of $970.00 million during the quarter, compared to analysts’ expectations of $946.86 million. During the same period in the previous year, the firm earned $1.16 earnings per share. The company’s revenue was up 29.2% on a year-over-year basis. equities analysts expect that KLA-Tencor will post 7.31 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th were paid a $0.59 dividend. The ex-dividend date was Tuesday, November 14th. This represents a $2.36 dividend on an annualized basis and a yield of 2.27%. KLA-Tencor’s payout ratio is 36.14%.
In other news, EVP Ahmad A. Khan sold 3,652 shares of the business’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $102.20, for a total value of $373,234.40. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Emiko Higashi sold 500 shares of the business’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $101.26, for a total value of $50,630.00. Following the completion of the sale, the director now owns 15,229 shares in the company, valued at $1,542,088.54. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 34,400 shares of company stock worth $3,585,084. Corporate insiders own 0.20% of the company’s stock.
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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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