KLA-Tencor stock: buy or sell?
August 23rd, 2019
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:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-6||Wells Fargo & Co||n/a||Market Perform|
|2019-8-6||JPMorgan Chase & Co.||n/a||Overweight|
|2019-8-6||Credit Suisse Group||n/a||Outperform|
|2019-8-6||Bank of America||n/a||Buy|
|2019-7-22||Goldman Sachs Group||Neutral||Sell|
|2019-4-9||Goldman Sachs Group||n/a||Sell|
|2019-3-7||JPMorgan Chase & Co.||n/a||Overweight|
KLA-Tencor stock analysis
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.
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%.
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 $147.30Nobody 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-6||Wells Fargo & Co||Raises Target||$115.00||$120.00||4.3%|
|2019-8-6||UBS Group||Raises Target||n/a||$150.00||-|
|2019-8-6||JPMorgan Chase & Co.||Raises Target||$160.00||$180.00||12.5%|
|2019-8-6||Deutsche Bank||Raises Target||$120.00||$133.00||10.8%|
|2019-8-6||Credit Suisse Group||Reiterates||$130.00||$170.00||30.8%|
|2019-8-6||Bank of America||Reiterates||$140.00||$150.00||7.1%|
|2019-5-7||UBS Group||Raises Target||n/a||$140.00||-|
|2019-4-9||Goldman Sachs Group||Initiates||n/a||$107.00||-|
|2019-3-7||JPMorgan Chase & Co.||Initiates||n/a||$160.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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%
|2013||$2,840 M||-||$543 M19.1%||-|
|2014||$2,930 M||3.17%||$583 M19.9%||7.29%|
|2015||$2,814 M||-3.96%||$366 M13.0%||-37.17%|
|2016||$2,984 M||6.06%||$704 M23.6%||92.38%|
|2017||$3,480 M||16.60%||$926 M26.6%||31.47%|
|2018||$4,037 M||16.00%||$802 M19.9%||-13.37%|
|TTM||$3,283 M||-18.67%||$1,114 M33.9%||38.83%|
Quarterly financial resultsKLA-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%.
|2017-Q1||$911 M||-||$254 M27.8%||-|
|2017-Q2||$935 M||2.63%||$256 M27.4%||1.03%|
|2017-Q3||$970 M||3.66%||$281 M29.0%||9.67%|
|2017-Q4||$976 M||0.64%||$-134 M-13.8%||-147.81%|
|2018-Q1||$1,021 M||4.66%||$307 M30.0%||-328.47%|
|2018-Q2||$1,070 M||4.77%||$349 M32.6%||13.65%|
|2018-Q3||$1,093 M||2.17%||$396 M36.2%||13.53%|
|2018-Q4||$1,120 M||2.44%||$369 M33.0%||-6.78%|
KLA-Tencor ownershipWhen 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:
|Market cap||$0.0 M||$1.9 B||$44.0 B||$90.7 B||$74.2 M|
|Total shares||0.0 M||38.2 M||936.1 M||421.1 M||14.2 M|
|Float shares||161.4 M||37.9 M||926.0 M||420.9 M||10.7 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, August 23rd, 2019|
|Day range||$138.57 - $144.32|
|Average true range||$4.38|
|50d mov avg||$127.21|
|100d mov avg||$120.98|
|200d mov avg||$110.79|
KLA-Tencor performanceStocks 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:
|AEISAdvanced Energy I...||-0.95%||-3.93%||-14.02%|
|NVMINova Measuring In...||14.17%||13.37%||1.94%|
KLA-Tencor competitorsWe selected a few stocks to conform a list of KLA-Tencor competitors to check if you are interested in investing in KLAC:
- Advanced Energy Industries (AEIS)
- Applied Materials (AMAT)
- ASML (ASML)
- Amtech Systems (ASYS)
- Camtek (CAMT)
- Lam Research (LRCX)
- Nanometrics (NANO)
- Nova Measuring Instruments (NVMI)
- Rudolph Technologies (RTEC)
Latest KLA-Tencor stock news
- Seeking AlphaKLA-Tencor: Post-Orbotech Future Shines BrightFebruary 27, 2019
- Seeking AlphaFew Companies Measure Up To KLA-TencorFebruary 24, 2019
- Seeking AlphaKLA-Tencor: A New Acquisition To Add To The Company's RevenuesFebruary 2, 2019
- InvestorPlace3 Stock Charts for Thursday: KLA-Tencor, Invesco and WeyerhaeuserSeptember 20, 2018
- Seeking AlphaKLA-Tencor Is A Firm With Consistent ProfitabilitySeptember 17, 2018