KLA-Tencor stock: buy or sell?

KLAC stock price: $139.16 -3.07% At close on August 23rd, 2019

Updated on:
August 23rd, 2019

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KLA-Tencor fell -3.07% to $139.16 after yesterday all time highs. Friday broke a green streak of 4 days in a row.

KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nano-electronics industries worldwide.

Should I buy KLA-Tencor stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, 2 buy setups match with KLA-Tencor stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is KLA-Tencor stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we gathered 15 ratings published for KLAC stock in the last 30 days.

The general sentiment of these ratings is bullish for KLAC stock, with 11 positive ratings.
Is KLAC a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-6Wells Fargo & Con/aMarket Perform
2019-8-6UBS Groupn/aBuy
2019-8-6KeyCorpn/aOverweight
2019-8-6JPMorgan Chase & Co.n/aOverweight
2019-8-6Deutsche Bankn/aHold
2019-8-6Credit Suisse Groupn/aOutperform
2019-8-6CowenOutperformOutperform
2019-8-6Bank of American/aBuy
2019-8-23Citigroupn/aBuy
2019-7-22Goldman Sachs GroupNeutralSell
2019-5-7UBS Groupn/aBuy
2019-5-7KeyCorpn/aOverweight
2019-4-9Goldman Sachs Groupn/aSell
2019-3-7JPMorgan Chase & Co.n/aOverweight
2019-3-7CowenOutperformOutperform

KLA-Tencor stock analysis

Daily outlook

After several days of continuous rises in past weeks, KLA-Tencor fell -3.07% to $139.16.

After topping to all time highs yesterday, KLA-Tencor fell -3.07% today to $139.16. On June KLAC price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. From a daily perspective, KLAC is in a short term uptrend after plotting its last bottom ($130.43, on Aug/14) higher than the previous bottom, and its last top ($144.52, yesterday) also over the previous top. Now trading in between its last bottom and last top KLAC might consolidate in a plain range, waiting to break out over $144.52 or down under $130.43. Since last April when SMA100d and SMA200d crossed up, KLAC price gained $16.71 per share (13.65%). Yesterday, KLAC hit a new all time high, pushing higher than on August/1 tops. Check different trading setups that use ATHs as triggers.

KLAC stock chart (daily)

Weekly outlook

Shares of KLA-Tencor closed this week at $139.16 after topping to a new all time high ($144.52) and gained a beatiful 2.23%. This week was the 3rd green week in a row. Late July KLAC boosted a brilliant 5.37% in just one week.

KLAC shows a long term strength with several rising tops and rising bottoms. It left a new bottom at $124.50 early August. Previous top ($143.15) will play as a resistance in possible new gains. Since early June when KLAC stock price broke up the SMA40w line, it gained $36.66 (35.77%). Late March, SMA20w and SMA40w crossed up triggering a rise of 16.90%.

KLAC stock chart (weekly)

KLA-Tencor stock price history

KLA-Tencor IPO was on October 8th, 1980 at $0.67 per share1. Since then, KLAC stock grew a 20,670.10%, with a yearly average of 544.00%. If you had invested $1,000 in KLA-Tencor stock in 1980, it would worth $206,701.00 today.

1: Adjusted price after possible price splits or reverse-splits.

KLA-Tencor stock historical price chart

KLAC stock reached all-time highs yesterday with a price of $144.52.

KLA-Tencor stock price target is $147.30

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' KLAC stock price predictions in the hope that they will be met as they may be wrong and not met. We detected 14 price targets for KLAC stock posted in the last 30 days:
KLAC stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-6Wells Fargo & CoRaises Target$115.00$120.004.3%
2019-8-6UBS GroupRaises Targetn/a$150.00-
2019-8-6KeyCorpRaises Target$149.00$152.002%
2019-8-6JPMorgan Chase & Co.Raises Target$160.00$180.0012.5%
2019-8-6Deutsche BankRaises Target$120.00$133.0010.8%
2019-8-6Credit Suisse GroupReiterates$130.00$170.0030.8%
2019-8-6CowenReiterates$145.00$155.006.9%
2019-8-6Bank of AmericaReiterates$140.00$150.007.1%
2019-8-23CitigroupRaises Target$126.00$156.5024.2%
2019-5-7UBS GroupRaises Targetn/a$140.00-
2019-5-7KeyCorpReiterates$143.00$149.004.2%
2019-4-9Goldman Sachs GroupInitiatesn/a$107.00-
2019-3-7JPMorgan Chase & Co.Initiatesn/a$160.00-
2019-3-7CowenReiterates$130.00$140.007.7%
(in average)$135.80$147.308.0%
The price forecast for KLA-Tencor stock is $147.30, moving in a range between $180.00 and $107.00. In average, analysts' outlook on KLAC price target is positive, upgrading the prediction by a 8.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when KLA-Tencor published its last earnings report, it soared an impressive 12.15%. As soon as we get its actual EPS from the earnings report, we will update this report.
KLAC earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a1.61n/a
2017-Q2-n/a1.62n/a
2017-Q32017-10-261.641.89.8%
2017-Q42018-01-251.731.9713.9%
2018-Q12018-04-261.982.022.0%
2018-Q22018-07-302.142.223.7%
2018-Q32018-10-292.22.4611.8%
2018-Q42019-01-292.22.4410.9%
2019-Q12019-04-241.57n/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, KLA-Tencor annual sales boosted an extraordinary 16.00% to $4,036.70 million USD from $3,480.01 marked in 2017. When comparing 2018 vs 2017, nonetheless, profit margin (that is, the net income divided by revenues) eased a -6.74% to 19.87%.

KLA-Tencor fiscal year ends in June, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, KLA-Tencor TTM sales up to were $3,283.16 and earnings $1,113.81 million dollars. If we compare this TTM figures with the last reported annuality, we can review KLA-Tencor business evolution since June 2018: Annual sales up to , compared to lastest yearly report, plunged a bloodcurdling -18.67%. Regarding profit margin, KLA-Tencor climbed 14.05% to 19.87%

KLAC annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$2,840 M-$543 M19.1%-
2014$2,930 M3.17%$583 M19.9%7.29%
2015$2,814 M-3.96%$366 M13.0%-37.17%
2016$2,984 M6.06%$704 M23.6%92.38%
2017$3,480 M16.60%$926 M26.6%31.47%
2018$4,037 M16.00%$802 M19.9%-13.37%
TTM $3,283 M-18.67%$1,114 M33.9%38.83%

Quarterly financial results

KLA-Tencor reported M in revenues for 2019-Q1, a -100.00% decline compared to previous quarter. Reported quarter income marked M with a profit margin of . Profit margin remained stable a 0.00% compared to previous quarter when profit margin was 32.96%. When comparing revenues to same quarter last year, KLA-Tencor sales marked a scary correction and collapsed a -100.00%.
KLAC quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$911 M-$254 M27.8%-
2017-Q2$935 M2.63%$256 M27.4%1.03%
2017-Q3$970 M3.66%$281 M29.0%9.67%
2017-Q4$976 M0.64%$-134 M-13.8%-147.81%
2018-Q1$1,021 M4.66%$307 M30.0%-328.47%
2018-Q2$1,070 M4.77%$349 M32.6%13.65%
2018-Q3$1,093 M2.17%$396 M36.2%13.53%
2018-Q4$1,120 M2.44%$369 M33.0%-6.78%

KLA-Tencor ownership

When you are planning to invest in a stock, it's always worth to overview its ownership structure.

KLA-Tencor shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.26% of all shares.

Bearish positions for KLAC stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related companies:

KLACAEISAMATASMLASYS
Market cap$0.0 M$1.9 B$44.0 B$90.7 B$74.2 M
Total shares0.0 M38.2 M936.1 M421.1 M14.2 M
Float shares161.4 M37.9 M926.0 M420.9 M10.7 M
  - Institutional holdings (%)95.6%98.5%81.5%16.3%58.2%
  - Insider holdings (%)0.3%2.0%0.3%0.0%1.8%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

KLA-Tencor summary

Friday, August 23rd, 2019
Open$142.26
Close$139.16
Day range$138.57 - $144.32
Previous close$143.57
Session gain-3.07%
Average true range$4.38
50d mov avg$127.21
100d mov avg$120.98
200d mov avg$110.79
Daily patternlt06a
Weekly pattern lb03a

KLA-Tencor performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared KLA-Tencor against Advanced Energy Industries, Applied Materials, ASML, Amtech Systems, Camtek, Lam Research, Nanometrics, Nova Measuring Instruments and Rudolph Technologies in the following table:
Stock3m6m12m
KLACKLA-Tencor34.81%23.07%23.92%
AEISAdvanced Energy I...-0.95%-3.93%-14.02%
AMATApplied Materials19.61%20.44%12.32%
ASML 13.41%17.79%7.29%
ASYSAmtech Systems-9.55%6.11%-2.07%
CAMTCamtek17.26%3.62%-8.48%
LRCXLam Research10.80%13.15%19.22%
NANONanometrics-1.46%-2.16%-34.41%
NVMINova Measuring In...14.17%13.37%1.94%
RTECRudolph Technolog...2.56%3.33%-14.34%

KLA-Tencor competitors

We selected a few stocks to conform a list of KLA-Tencor competitors to check if you are interested in investing in KLAC:

Latest KLA-Tencor stock news