KLA-Tencor (KLAC) Earning Somewhat Positive Press Coverage, Report Shows

Media coverage about KLA-Tencor (NASDAQ:KLAC) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. KLA-Tencor earned a news impact score of 0.19 on Accern’s scale. Accern also assigned news stories about the semiconductor company an impact score of 45.4466529345107 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news stories that may have effected Accern’s scoring:

A number of brokerages have recently issued reports on KLAC. Zacks Investment Research cut shares of KLA-Tencor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 12th. KeyCorp raised shares of KLA-Tencor from a “sector weight” rating to an “overweight” rating and set a $134.00 target price on the stock in a report on Monday, December 18th. Goldman Sachs Group cut shares of KLA-Tencor from a “buy” rating to a “neutral” rating and dropped their target price for the company from $108.00 to $97.00 in a report on Wednesday, September 13th. Citigroup upped their target price on shares of KLA-Tencor from $106.00 to $110.00 and gave the company a “neutral” rating in a report on Monday, October 30th. Finally, Argus began coverage on shares of KLA-Tencor in a report on Wednesday, November 29th. They issued a “buy” rating and a $125.00 target price on the stock. Three research analysts have rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $110.32.

KLA-Tencor (KLAC) traded down $2.78 during trading on Friday, reaching $105.07. 1,086,853 shares of the company’s stock traded hands, compared to its average volume of 1,262,925. The company has a market cap of $16,900.95, a PE ratio of 16.09 and a beta of 1.63. 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 has a 52-week low of $77.86 and a 52-week high of $114.43.

KLA-Tencor (NASDAQ:KLAC) last released its quarterly earnings results on Thursday, October 26th. The semiconductor company reported $1.80 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.63 by $0.17. The firm had revenue of $970.00 million for the quarter, compared to analysts’ expectations of $946.86 million. KLA-Tencor had a net margin of 27.82% and a return on equity of 84.61%. The business’s revenue was up 29.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.16 EPS. equities analysts forecast that KLA-Tencor will post 7.31 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th were issued a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $2.36 annualized dividend and a yield of 2.25%. KLA-Tencor’s dividend payout ratio is currently 36.14%.

In other news, CFO Bren D. Higgins sold 3,599 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $101.52, for a total transaction of $365,370.48. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Emiko Higashi sold 500 shares of the firm’s 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 directly 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 three months, insiders sold 34,400 shares of company stock worth $3,585,084. 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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