Somewhat Favorable Press Coverage Somewhat Unlikely to Impact KLA-Tencor (KLAC) Stock Price

News headlines about KLA-Tencor (NASDAQ:KLAC) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. KLA-Tencor earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave media headlines about the semiconductor company an impact score of 45.7000720930629 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news stories that may have effected Accern’s analysis:

KLA-Tencor (NASDAQ:KLAC) traded up $0.37 during trading hours on Friday, reaching $115.02. The company’s stock had a trading volume of 988,469 shares, compared to its average volume of 1,330,000. The company has a current ratio of 3.11, a quick ratio of 2.59 and a debt-to-equity ratio of 1.72. The company has a market capitalization of $18,050.00, a PE ratio of 17.64 and a beta of 1.63. KLA-Tencor has a twelve month low of $80.68 and a twelve month high of $115.83.

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

A number of brokerages recently commented on KLAC. Needham & Company LLC cut KLA-Tencor from a “strong-buy” rating to a “buy” rating and set a $130.00 target price on the stock. in a report on Monday, January 8th. B. Riley reaffirmed a “buy” rating and issued a $129.00 target price (up from $120.00) on shares of KLA-Tencor in a report on Friday, October 27th. JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $136.00 target price on shares of KLA-Tencor in a report on Friday, October 27th. Citigroup raised their target price on KLA-Tencor from $106.00 to $110.00 and gave the stock a “neutral” rating in a report on Monday, October 30th. Finally, Stifel Nicolaus raised their target price on KLA-Tencor from $106.00 to $114.00 and gave the stock a “buy” rating in a report on Wednesday, October 25th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have assigned a buy rating to the company. KLA-Tencor presently has an average rating of “Hold” and an average price target of $110.95.

In other news, Director Emiko Higashi sold 500 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $110.00, for a total transaction of $55,000.00. Following the completion of the transaction, the director now owns 13,588 shares in the company, valued at $1,494,680. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Virendra A. Kirloskar sold 600 shares of the firm’s stock in a transaction dated 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. Over the last three months, insiders have sold 30,664 shares of company stock worth $3,191,064. 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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