KLA-Tencor (KLAC) Scheduled to Post Quarterly Earnings on Thursday

KLA-Tencor (NASDAQ:KLAC) is set to post its quarterly earnings results after the market closes on Thursday, January 25th. Analysts expect KLA-Tencor to post earnings of $1.69 per share for the quarter.

KLA-Tencor (NASDAQ:KLAC) last issued its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $1.80 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.17. The firm had revenue of $970.00 million for the quarter, compared to analyst estimates of $946.86 million. KLA-Tencor had a net margin of 27.82% and a return on equity of 84.61%. The company’s revenue for the quarter was up 29.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.16 earnings per share. On average, analysts expect KLA-Tencor to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

KLA-Tencor (NASDAQ:KLAC) opened at $113.49 on Thursday. The firm has a market cap of $17,810.00, a P/E ratio of 17.41 and a beta of 1.63. 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 52-week low of $80.03 and a 52-week high of $114.43.

Several equities analysts recently weighed in on the stock. BidaskClub lowered shares of KLA-Tencor from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. Zacks Investment Research raised shares of KLA-Tencor from a “hold” rating to a “strong-buy” rating and set a $121.00 price objective on the stock in a research report on Monday, October 16th. Needham & Company LLC lowered shares of KLA-Tencor from a “strong-buy” rating to a “buy” rating and set a $130.00 price objective on the stock. in a research report on Monday, January 8th. Stifel Nicolaus raised their price objective on shares of KLA-Tencor from $106.00 to $114.00 and gave the company a “buy” rating in a research report on Wednesday, October 25th. Finally, Citigroup raised their price objective on shares of KLA-Tencor from $106.00 to $110.00 and gave the company a “neutral” rating in a research report on Monday, October 30th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $110.95.

In other news, Director Emiko Higashi sold 500 shares of the firm’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $101.26, for a total value of $50,630.00. Following the sale, the director now owns 15,229 shares in the company, valued at $1,542,088.54. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Teri A. Little sold 1,678 shares of the firm’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $109.44, for a total transaction of $183,640.32. Following the completion of the sale, the executive vice president now owns 8,452 shares in the company, valued at approximately $924,986.88. The disclosure for this sale can be found here. In the last quarter, insiders have sold 30,664 shares of company stock worth $3,191,064. Corporate 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.

Earnings History for KLA-Tencor (NASDAQ:KLAC)

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