KLA-Tencor Corp (NASDAQ:KLAC) – Research analysts at KeyCorp increased their Q1 2019 earnings per share estimates for shares of KLA-Tencor in a research report issued on Sunday. KeyCorp analyst W. Twigg now anticipates that the semiconductor company will post earnings per share of $1.80 for the quarter, up from their prior estimate of $1.75. KeyCorp has a “Overweight” rating and a $134.00 price objective on the stock. KeyCorp also issued estimates for KLA-Tencor’s Q2 2019 earnings at $1.95 EPS, Q3 2019 earnings at $2.01 EPS, Q4 2019 earnings at $2.03 EPS and FY2019 earnings at $7.79 EPS.

KLA-Tencor (NASDAQ:KLAC) last released its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $1.80 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.63 by $0.17. KLA-Tencor had a return on equity of 84.61% and a net margin of 27.82%. The business had revenue of $970.00 million for the quarter, compared to analyst estimates of $946.86 million. During the same quarter in the prior year, the firm posted $1.16 EPS. The business’s quarterly revenue was up 29.2% compared to the same quarter last year.

Several other equities research analysts have also commented on the company. Zacks Investment Research lowered KLA-Tencor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Argus began coverage on KLA-Tencor in a research report on Wednesday, November 29th. They issued a “buy” rating and a $125.00 price objective on the stock. Citigroup upped their price objective on KLA-Tencor from $106.00 to $110.00 and gave the stock a “neutral” rating in a research report on Monday, October 30th. B. Riley restated a “buy” rating and issued a $129.00 price objective (up previously from $120.00) on shares of KLA-Tencor in a research report on Friday, October 27th. Finally, J P Morgan Chase & Co restated a “buy” rating and issued a $136.00 price objective on shares of KLA-Tencor in a research report on Friday, October 27th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the company. KLA-Tencor has a consensus rating of “Hold” and an average price target of $110.26.

KLA-Tencor (NASDAQ:KLAC) traded up $0.40 during trading on Tuesday, reaching $111.62. The company’s stock had a trading volume of 1,308,100 shares, compared to its average volume of 1,271,953. The company has a current ratio of 3.11, a quick ratio of 2.59 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 $112.22. The stock has a market cap of $16,553.05, a price-to-earnings ratio of 16.05 and a beta of 1.63.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th were given a dividend of $0.59 per share. The ex-dividend date was Tuesday, November 14th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.11%. KLA-Tencor’s dividend payout ratio (DPR) is 36.14%.

In other news, Director Emiko Higashi sold 500 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $101.26, for a total transaction of $50,630.00. Following the transaction, the director now owns 15,229 shares in the company, valued at approximately $1,542,088.54. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Virendra A. Kirloskar sold 600 shares of the stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $101.52, for a total value of $60,912.00. The disclosure for this sale can be found here. Insiders have sold a total of 34,400 shares of company stock worth $3,585,084 in the last quarter. Insiders own 0.20% of the company’s stock.

Several large investors have recently made changes to their positions in the company. Sun Life Financial INC lifted its holdings in KLA-Tencor by 14,300.0% in the 2nd quarter. Sun Life Financial INC now owns 1,152 shares of the semiconductor company’s stock valued at $105,000 after purchasing an additional 1,144 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in KLA-Tencor by 300.0% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,000 shares of the semiconductor company’s stock valued at $106,000 after purchasing an additional 750 shares in the last quarter. Bristlecone Advisors LLC purchased a new position in KLA-Tencor in the 3rd quarter valued at $148,000. Edge Advisors LLC lifted its holdings in KLA-Tencor by 77.8% in the 3rd quarter. Edge Advisors LLC now owns 1,993 shares of the semiconductor company’s stock valued at $211,000 after purchasing an additional 872 shares in the last quarter. Finally, Highbridge Capital Management LLC purchased a new position in KLA-Tencor in the 3rd quarter valued at $212,000. Hedge funds and other institutional investors own 90.63% 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.

Earnings History and Estimates for KLA-Tencor (NASDAQ:KLAC)

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