Wall Street analysts expect that KLA-Tencor Corp (NASDAQ:KLAC) will report $1.98 earnings per share for the current fiscal quarter, Zacks reports. Five analysts have issued estimates for KLA-Tencor’s earnings. The highest EPS estimate is $2.00 and the lowest is $1.97. KLA-Tencor reported earnings per share of $1.62 in the same quarter last year, which suggests a positive year-over-year growth rate of 22.2%. The company is scheduled to announce its next earnings results on Thursday, April 26th.
On average, analysts expect that KLA-Tencor will report full year earnings of $7.71 per share for the current fiscal year, with EPS estimates ranging from $7.50 to $7.81. For the next year, analysts forecast that the firm will report earnings of $8.62 per share, with EPS estimates ranging from $8.31 to $8.83. Zacks’ EPS calculations are an average based on a survey of research analysts that that provide coverage for KLA-Tencor.
KLA-Tencor (NASDAQ:KLAC) last issued its quarterly earnings results on Thursday, January 25th. The semiconductor company reported $1.97 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.73 by $0.24. The company had revenue of $975.82 million during the quarter, compared to the consensus estimate of $968.00 million. KLA-Tencor had a return on equity of 85.81% and a net margin of 17.28%. KLA-Tencor’s revenue was up 11.3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.52 EPS.
In other KLA-Tencor news, insider Brian M. Trafas sold 1,120 shares of the stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $110.04, for a total value of $123,244.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Emiko Higashi sold 500 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $105.84, for a total transaction of $52,920.00. Following the completion of the sale, the director now owns 15,131 shares of the company’s stock, valued at approximately $1,601,465.04. The disclosure for this sale can be found here. Insiders have sold 23,445 shares of company stock valued at $2,579,450 over the last 90 days. 0.20% of the stock is currently owned by insiders.
A number of hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Services Advisors Inc. raised its holdings in KLA-Tencor by 8.3% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 6,459 shares of the semiconductor company’s stock worth $685,000 after acquiring an additional 493 shares during the period. Daiwa Securities Group Inc. boosted its position in shares of KLA-Tencor by 9.2% during the 3rd quarter. Daiwa Securities Group Inc. now owns 8,680 shares of the semiconductor company’s stock valued at $920,000 after acquiring an additional 730 shares in the last quarter. Swiss National Bank boosted its position in shares of KLA-Tencor by 0.8% during the 3rd quarter. Swiss National Bank now owns 577,526 shares of the semiconductor company’s stock valued at $61,218,000 after acquiring an additional 4,700 shares in the last quarter. Hennessy Advisors Inc. boosted its position in shares of KLA-Tencor by 4.3% during the 3rd quarter. Hennessy Advisors Inc. now owns 23,993 shares of the semiconductor company’s stock valued at $2,543,000 after acquiring an additional 981 shares in the last quarter. Finally, Candriam Luxembourg S.C.A. boosted its position in shares of KLA-Tencor by 62.8% during the 3rd quarter. Candriam Luxembourg S.C.A. now owns 75,999 shares of the semiconductor company’s stock valued at $8,056,000 after acquiring an additional 29,306 shares in the last quarter. Institutional investors own 91.26% of the company’s stock.
KLA-Tencor (KLAC) traded up $1.72 during mid-day trading on Monday, hitting $122.87. The stock had a trading volume of 509,652 shares, compared to its average volume of 1,491,968. The firm has a market cap of $18,974.53, a P/E ratio of 29.53 and a beta of 1.43. The company has a current ratio of 3.73, a quick ratio of 3.06 and a debt-to-equity ratio of 2.03. KLA-Tencor has a 1-year low of $87.93 and a 1-year high of $123.11.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Investors of record on Tuesday, May 15th will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 2.44%. This is a boost from KLA-Tencor’s previous quarterly dividend of $0.59. KLA-Tencor’s dividend payout ratio (DPR) is presently 56.87%.
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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