KLA-Tencor Corporation Company Profile (NASDAQ:KLAC)

KLA-Tencor Corporation trades on the NASDAQ under the ticker symbol "KLAC."

KLA-Tencor Corporation declared a quarterly dividend on Thursday, August 3rd. Investors of record on Tuesday, August 15th will be paid a dividend of $0.59 per share on Friday, September 1st. This represents a $2.36 annualized dividend and a dividend yield of 2.35%. The ex-dividend date is Friday, August 11th. This is a boost from KLA-Tencor Corporation's previous quarterly dividend of $0.54. View KLA-Tencor Corporation's Dividend History.

KLA-Tencor Corporation (NASDAQ:KLAC) released its quarterly earnings results on Thursday, July, 27th. The company reported $1.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.59 by $0.05. The firm earned $938.60 million during the quarter, compared to analysts' expectations of $923.80 million. KLA-Tencor Corporation had a return on equity of 88.61% and a net margin of 26.61%. The business's revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.77 EPS. View KLA-Tencor Corporation's Earnings History.

KLA-Tencor Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 19th 2017. View Earnings Estimates for KLA-Tencor Corporation.

12 brokerages have issued twelve-month price objectives for KLA-Tencor Corporation's shares. Their forecasts range from $65.00 to $120.00. On average, they expect KLA-Tencor Corporation's share price to reach $99.60 in the next twelve months. View Analyst Ratings for KLA-Tencor Corporation.

Here are some recent quotes from research analysts about KLA-Tencor Corporation stock:

• 1. According to Zacks Investment Research, "KLA is one of the leading suppliers of inspection and metrology products and services. The fiscal fourth-quarter earnings of the company were above the Zacks Consensus Estimate. However, over the last one year, the stock has underperformed the Zacks characterized Semiconductor Equipment - Wafer Fabrication industry. KLA’s comprehensive product line, cost reduction initiatives and strong balance sheet remain positives that will generate growth whenever cyclical pressures permit. Though the competition and concentrated customer base increases execution risk, the increasing process control spending across foundry, memory and logic players through 2017 and beyond will enable KLA to deliver stronger results." (8/2/2017)
• 2. Instinet analysts commented, "olid Quarter and Guide. KLA reported DecQ revenue and EPS of $877mn and $1.52, above our estimates and the midpoint of guidance, and guided MarQ better than expectations. We maintain our Neutral rating and raise our target to $78. FY17E EPS from $5.63 to $5.60; FY18E EPS from $5.69 to $6.00." (1/27/2017)
• 3. Needham & Company LLC analysts commented, "KLAC reported a solid F2Q17 (Dec) and provided F3Q17 (Mar) guidance above the Street, as we had previewed. We believe the report confirms our stable growth thesis. With increasing yield-driven demand for process control at the leading edge, coupled with broader investments in C2017, we expect KLAC to avoid a C2H17 fall-off vs other peers. Strong memory bookings in the quarter highlights an increase to memory process control intensity, with further potential growth when KLAC launches a new 3D NAND offering. New product ramp-ups should enable KLAC to continue outperforming WFE beyond CY17. KLAC is still trading at a discount to its average historical P/E of ~16x, but with the improved margin profile, we expect the stock to march higher. Reiterate our Strong Buy and raise our PT to $105 (from $95)." (1/27/2017)
• 4. Cowen and Company analysts commented, "Record orders, rapidly growing memory exposure (even before new 3D NAND yield solutions in 2H:17), and a burgeoning foundry/logic cycle - solid all the way around. The Q has now become EPS power; given these WFE levels, ~$6.50 is possible in C2017 w/~$7.50 possible in '18. 15x (hardly heroic based on history) = $96 on C2017 w/upside from there if our model proves right. Target to $96, Outperform." (1/27/2017)

Some companies that are related to KLA-Tencor Corporation include Analog Devices (ADI), TE Connectivity (TEL), Lam Research Corporation (LRCX), Infineon Technologies AG (IFNNY), Wipro Limited (WIT), Corning Incorporated (GLW), Dassault Systemes SA (DASTY), Western Digital Corporation (WDC), Amphenol Corporation (APH), YAHOO JAPAN CP (YAHOY), Autodesk (ADSK), DXC Technology Company. (DXC), Fortive Corporation (FTV), RELX PLC (RELX), Kyocera Corporation (KYO), Hewlett Packard Enterprise Company (HPE), Workday (WDAY) and Agilent Technologies (A).

KLA-Tencor Corporation's management team includes the folowing people:

• Edward W. Barnholt, Independent Chairman of the Board
• Richard P. Wallace, President, Chief Executive Officer, Director
• Bren D. Higgins, Chief Financial Officer, Executive Vice President
• Ahmad A. Khan, Executive Vice President - Global Products Group
• Michael D. Kirk Ph.D., Executive Vice President - Strategic Business Development
• Virendra A. Kirloskar, Senior Vice President, Chief Accounting Officer
• Teri A. Little, Senior Vice President, General Counsel, Corporate Secretary
• Brian M. Trafas, Senior Vice President, Global Customer Organization
• Bobby R. Bell, Chief Strategy Officer
• Robert M. Calderoni, Independent Director

KLA-Tencor Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.78%), BlackRock Inc. (7.02%), State Street Corp (4.29%), JPMorgan Chase & Co. (4.25%), FMR LLC (3.22%) and Janus Henderson Group PLC (2.75%). Company insiders that own KLA-Tencor Corporation stock include Ahmad A Khan, Bobby R Bell, Bren D Higgins, Brian Lorig, Brian M Trafas, Kevin Kennedy, Kiran M Patel, Michael Kirk, Richard P Wallace, Teri A Little and Virendra A Kirloskar. View Institutional Ownership Trends for KLA-Tencor Corporation.

KLA-Tencor Corporation's stock was sold by a variety of institutional investors in the last quarter, including Capital Growth Management LP, Old Mutual Global Investors UK Ltd., Victory Capital Management Inc., Boston Partners, Schroder Investment Management Group, State Street Corp, Arrowstreet Capital Limited Partnership and BlackRock Inc.. Company insiders that have sold KLA-Tencor Corporation stock in the last year include Ahmad A Khan, Bobby R Bell, Bren D Higgins, Brian Lorig, Brian M Trafas, Kevin Kennedy, Kiran M Patel, Michael Kirk, Richard P Wallace, Teri A Little and Virendra A Kirloskar. View Insider Buying and Selling for KLA-Tencor Corporation.

KLA-Tencor Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Koch Industries Inc., Vanguard Group Inc., Oaktop Capital Management II L.P., Franklin Resources Inc., Ardevora Asset Management LLP, Robeco Institutional Asset Management B.V. and Pictet Asset Management Ltd.. View Insider Buying and Selling for KLA-Tencor Corporation.

Shares of KLA-Tencor Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of KLA-Tencor Corporation stock can currently be purchased for approximately $100.59.