Somewhat Favorable Press Coverage Somewhat Unlikely to Affect KLA-Tencor Corporation (KLAC) Share Price
Headlines about KLA-Tencor Corporation (NASDAQ:KLAC) have been trending somewhat positive on Wednesday, Accern reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. KLA-Tencor Corporation earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave news coverage about the semiconductor company an impact score of 44.2257687258474 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern’s analysis:
- Insider Selling: KLA-Tencor Corporation (KLAC) EVP Sells 3,120 Shares of Stock (americanbankingnews.com)
- Insider Selling: KLA-Tencor Corporation (KLAC) Director Sells 500 Shares of Stock (americanbankingnews.com)
- LLC Reduces Stake in KLA-Tencor Corporation (KLAC) – Gears Of Biz (gearsofbiz.com)
- Liquidity Position Starks by Activision Blizzard, Inc. (ATVI) with KLA-Tencor Corporation (KLAC) – Investing News Update (investingbizz.com)
- ETFs with exposure to KLA-Tencor Corp. : November 2, 2017 (finance.yahoo.com)
KLA-Tencor Corporation (KLAC) opened at $107.50 on Wednesday. The company has a market capitalization of $16,534.25, a P/E ratio of 16.03 and a beta of 1.68. The company has a debt-to-equity ratio of 1.72, a quick ratio of 2.59 and a current ratio of 3.11. KLA-Tencor Corporation has a one year low of $73.99 and a one year high of $110.00.
KLA-Tencor Corporation (NASDAQ:KLAC) last released its earnings results on Thursday, October 26th. The semiconductor company reported $1.80 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.63 by $0.17. The company had revenue of $970.00 million during the quarter, compared to analysts’ expectations of $946.86 million. KLA-Tencor Corporation had a return on equity of 84.61% and a net margin of 27.82%. The business’s revenue was up 29.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.16 EPS. sell-side analysts anticipate that KLA-Tencor Corporation will post 7.16 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be paid a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 2.20%. The ex-dividend date is Tuesday, November 14th. KLA-Tencor Corporation’s dividend payout ratio (DPR) is currently 36.14%.
A number of analysts recently issued reports on KLAC shares. Cowen and Company reissued a “buy” rating and set a $120.00 target price on shares of KLA-Tencor Corporation in a research report on Tuesday, July 11th. BidaskClub raised shares of KLA-Tencor Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. B. Riley reissued a “buy” rating and set a $120.00 target price on shares of KLA-Tencor Corporation in a research report on Friday, July 28th. Credit Suisse Group set a $115.00 target price on shares of KLA-Tencor Corporation and gave the stock a “buy” rating in a research report on Saturday, July 29th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $103.00 target price (up previously from $102.00) on shares of KLA-Tencor Corporation in a research report on Sunday, July 30th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. KLA-Tencor Corporation presently has a consensus rating of “Hold” and a consensus target price of $107.51.
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In other news, Director Emiko Higashi sold 500 shares of the stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $110.00, for a total transaction of $55,000.00. Following the completion of the transaction, the director now directly owns 13,588 shares in the company, valued at approximately $1,494,680. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Richard P. Wallace sold 37,377 shares of the stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $90.86, for a total value of $3,396,074.22. Following the transaction, the insider now owns 58,831 shares of the company’s stock, valued at $5,345,384.66. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 59,964 shares of company stock valued at $5,623,855. 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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