KLA-Tencor Corporation (NASDAQ:KLAC) – KeyCorp issued their Q1 2018 EPS estimates for shares of KLA-Tencor Corporation in a research note issued to investors on Thursday. KeyCorp analyst W. Twigg expects that the semiconductor company will post earnings per share of $1.62 for the quarter. KeyCorp also issued estimates for KLA-Tencor Corporation’s Q2 2018 earnings at $1.65 EPS, Q3 2018 earnings at $1.70 EPS, Q4 2018 earnings at $1.63 EPS, Q1 2019 earnings at $1.56 EPS, Q2 2019 earnings at $1.67 EPS, Q3 2019 earnings at $1.74 EPS and Q4 2019 earnings at $1.76 EPS.
Several other equities analysts also recently commented on KLAC. UBS AG reissued a “neutral” rating and issued a $110.00 price objective on shares of KLA-Tencor Corporation in a research note on Tuesday, June 13th. B. Riley reaffirmed a “buy” rating and set a $115.00 price target on shares of KLA-Tencor Corporation in a research note on Wednesday, May 3rd. Stifel Nicolaus reaffirmed a “hold” rating and set a $103.00 price target (up previously from $102.00) on shares of KLA-Tencor Corporation in a research note on Sunday. BidaskClub downgraded shares of KLA-Tencor Corporation from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 16th. Finally, Credit Suisse Group set a $115.00 price target on shares of KLA-Tencor Corporation and gave the company a “buy” rating in a research note on Saturday. Two 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 stock. The stock currently has a consensus rating of “Hold” and an average target price of $98.63.
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KLA-Tencor Corporation (NASDAQ KLAC) traded down 0.24% during mid-day trading on Monday, reaching $92.41. 956,003 shares of the company’s stock were exchanged. KLA-Tencor Corporation has a 12 month low of $66.88 and a 12 month high of $109.59. The firm has a market cap of $14.48 billion, a price-to-earnings ratio of 15.72 and a beta of 1.63. The stock has a 50-day moving average of $97.26 and a 200-day moving average of $95.34.
KLA-Tencor Corporation (NASDAQ:KLAC) last released its earnings results on Thursday, July 27th. The semiconductor company reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.05. KLA-Tencor Corporation had a net margin of 26.61% and a return on equity of 88.61%. The firm had revenue of $938.60 million during the quarter, compared to analyst estimates of $923.80 million. During the same quarter in the previous year, the business earned $1.77 EPS. The business’s quarterly revenue was up 2.1% compared to the same quarter last year.
Institutional investors have recently made changes to their positions in the company. World Asset Management Inc increased its position in shares of KLA-Tencor Corporation by 20.0% in the first quarter. World Asset Management Inc now owns 17,633 shares of the semiconductor company’s stock worth $1,676,000 after buying an additional 2,937 shares in the last quarter. State of Alaska Department of Revenue purchased a new position in shares of KLA-Tencor Corporation during the first quarter worth $1,521,000. Pioneer Investment Management Inc. increased its position in shares of KLA-Tencor Corporation by 52.8% in the first quarter. Pioneer Investment Management Inc. now owns 268,640 shares of the semiconductor company’s stock worth $25,540,000 after buying an additional 92,806 shares in the last quarter. AXA increased its position in shares of KLA-Tencor Corporation by 112.4% in the first quarter. AXA now owns 90,700 shares of the semiconductor company’s stock worth $8,623,000 after buying an additional 48,000 shares in the last quarter. Finally, 361 Capital LLC purchased a new position in shares of KLA-Tencor Corporation during the first quarter worth $939,000. 92.02% of the stock is owned by institutional investors and hedge funds.
In related news, Director Kevin Kennedy sold 2,500 shares of KLA-Tencor Corporation stock in a transaction on Wednesday, July 5th. The shares were sold at an average price of $91.33, for a total transaction of $228,325.00. Following the completion of the transaction, the director now owns 6,219 shares of the company’s stock, valued at $567,981.27. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Brian Lorig sold 1,663 shares of KLA-Tencor Corporation stock in a transaction on Thursday, May 11th. The stock was sold at an average price of $99.81, for a total transaction of $165,984.03. Following the transaction, the senior vice president now directly owns 1,346 shares of the company’s stock, valued at approximately $134,344.26. The disclosure for this sale can be found here. Insiders have sold 10,432 shares of company stock valued at $1,019,543 in the last three months. 0.26% of the stock is owned by insiders.
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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