$2.14 EPS Expected for KLA-Tencor Corp (KLAC) This Quarter

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Wall Street brokerages forecast that KLA-Tencor Corp (NASDAQ:KLAC) will post earnings per share of $2.14 for the current fiscal quarter, according to Zacks. Five analysts have made estimates for KLA-Tencor’s earnings, with the highest EPS estimate coming in at $2.15 and the lowest estimate coming in at $2.14. KLA-Tencor reported earnings per share of $1.64 in the same quarter last year, which would indicate a positive year over year growth rate of 30.5%. The company is expected to announce its next quarterly earnings report after the market closes on Monday, July 30th.

According to Zacks, analysts expect that KLA-Tencor will report full-year earnings of $7.93 per share for the current year, with EPS estimates ranging from $7.89 to $7.94. For the next year, analysts expect that the business will post earnings of $8.86 per share, with EPS estimates ranging from $8.60 to $9.14. Zacks’ earnings per share averages are an average based on a survey of research firms that follow KLA-Tencor.

KLA-Tencor (NASDAQ:KLAC) last issued its quarterly earnings data on Thursday, April 26th. The semiconductor company reported $2.02 EPS for the quarter, beating the consensus estimate of $1.99 by $0.03. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1 billion. KLA-Tencor had a net margin of 18.17% and a return on equity of 86.87%. The company’s quarterly revenue was up 11.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.62 earnings per share.

Several equities analysts recently issued reports on KLAC shares. UBS Group started coverage on shares of KLA-Tencor in a research report on Wednesday, April 4th. They set a “buy” rating and a $150.00 price target on the stock. KeyCorp boosted their price target on shares of KLA-Tencor from $151.00 to $152.00 and gave the company an “overweight” rating in a research report on Friday, April 27th. Credit Suisse Group reduced their price target on shares of KLA-Tencor from $134.00 to $130.00 and set an “outperform” rating on the stock in a research report on Friday, April 27th. Zacks Investment Research cut shares of KLA-Tencor from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 2nd. Finally, BidaskClub cut shares of KLA-Tencor from a “buy” rating to a “hold” rating in a research report on Thursday, April 26th. Six equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. KLA-Tencor currently has a consensus rating of “Buy” and an average price target of $130.87.

Shares of KLA-Tencor traded up $2.34, hitting $107.57, during midday trading on Friday, Marketbeat.com reports. 1,419,196 shares of the stock traded hands, compared to its average volume of 1,444,531. The company has a market cap of $16.28 billion, a price-to-earnings ratio of 18.11, a price-to-earnings-growth ratio of 0.72 and a beta of 1.53. The company has a current ratio of 3.78, a quick ratio of 3.07 and a debt-to-equity ratio of 1.80. KLA-Tencor has a one year low of $87.93 and a one year high of $123.96.

Institutional investors and hedge funds have recently made changes to their positions in the business. Ladenburg Thalmann Financial Services Inc. grew its holdings in KLA-Tencor by 52.3% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 7,066 shares of the semiconductor company’s stock worth $742,000 after purchasing an additional 2,425 shares during the period. IBM Retirement Fund grew its holdings in KLA-Tencor by 48.8% in the first quarter. IBM Retirement Fund now owns 3,455 shares of the semiconductor company’s stock worth $377,000 after purchasing an additional 1,133 shares during the period. BB&T Securities LLC purchased a new stake in KLA-Tencor in the fourth quarter worth about $210,000. CNB Bank purchased a new stake in KLA-Tencor in the first quarter worth about $334,000. Finally, Miller Howard Investments Inc. NY grew its holdings in KLA-Tencor by 51.6% in the second quarter. Miller Howard Investments Inc. NY now owns 828,918 shares of the semiconductor company’s stock worth $84,989,000 after purchasing an additional 282,042 shares during the period. Institutional investors and hedge funds own 91.06% of the company’s stock.

KLA-Tencor Company Profile

KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nano-electronics industries worldwide. It offers chip manufacturing products, such as front-end defect inspection tools, defect review systems, advanced packaging process control systems, metrology solutions, in-situ process monitoring products, and lithography software; wafer manufacturing products comprising wafer manufacturing products comprising surface and defect inspection, wafer geometry and nanotopography metrology, and data management; and reticle manufacturing products, such as defect inspection and pattern placement metrology products.

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Earnings History and Estimates for KLA-Tencor (NASDAQ:KLAC)

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