114.32 0.00 (0.00%)
After hours: 4:31PM EDT
|Bid||114.01 x 1000|
|Ask||114.70 x 800|
|Day's Range||113.16 - 114.96|
|52 Week Range||87.93 - 123.96|
|PE Ratio (TTM)||27.48|
|Earnings Date||Jul 25, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||3.00 (2.98%)|
|1y Target Est||132.86|
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Alan Valdes of Silverbear Capital joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
U.S. tech companies can finally breathe easy, at least for the time being. U.S. Treasury Secretary Steve Mnuchin on Sunday said that the U.S.-China trade conflict has been put on hold. This certainly is good news for U.S. tech companies, particularly chipmakers, which have been reeling under pressure since the two countries sparked fears of a trade war by imposing tariffs and counter tariffs on imports from the two countries.
U.S. tech companies can finally breathe easy as Treasury Secretary Steve Mnuchin says that the U.S.-China trade conflict has been put on hold.
KLA-Tencor Corporation (NASDAQ:KLAC) has pleased shareholders over the past 10 years, paying out an average dividend of 3.00% annually. The stock currently pays out a dividend yield of 2.65%, andRead More...
As demand for memory chips soar, a number of manufactures of equipment used to make those chips will get a big lift. Both Lam Research Corp. ( LRCX) and KLA-Tencor Corp. ( KLAC) should outperform on the “raging demand,” which includes demand for both DRAM and NAND flash memory, according to Cowen & Co.’s Krish Sankar. Sankar assigns Lam a price target of $285 and to KLA, a price target of $140.
If you are looking to invest in potential stocks from the semiconductor space, you can’t ignore NVIDIA Corporation (NASDAQ:NVDA). For the past two years, NVIDIA has been impressing investors with its stellar performance, wherein the company’s quarterly revenues have been advancing at a rate more than 50%, earnings have tripled and shares have displayed more than six-fold growth, consequently. The share price rally highlights that the slew of bad news related to the company, such as sluggish demand from cryptocurrency miners and Uber’s driverless-vehicle test incident, which prompted NVIDIA to suspend test drives for all its driverless vehicles, did not have any negative impact on investors.
KLA-Tencor (KLAC) seems well-positioned for future earnings growth and it is seeing rising earnings estimates as well, coupled with a solid Zacks Rank.
AMAT’s AGS (Applied Global Services) division helps semiconductor and display manufacturers ramp up their production of new equipment, improve equipment yield and performance, and optimize output and operating costs. AGS also provides upgrades, spares, remanufactured earlier-generation equipment, and factory automation software. Because AGS is a service, its revenue is recurring and rises with increases in new deployments.
Cowen & Co.’s Krish Sankar today initiated coverage of several chip equipment makers, with KLA-Tencor (KLAC) and Lam Research (LRCX) topping his list, with Outperform ratings, while he’s more cautious about ASML (ASML) and Applied Materials (AMAT). As you might expect, the recommendations for both Lam and KLA are based on the raging demand for memory chips, including both DRAM and NAND flash, for which Lam is the dominant supplier of manufacturing tools. KLA also has a lot to offer in this regard, Sankar believes.
Applied Materials (AMAT), KLA-Tencor (KLAC), and Lam Research (LRCX) are witnessing strong growth in the memory and logic segments. Revenue from memory almost doubled on a YoY (year-over-year) basis as the AI (artificial intelligence) trend picked up. On Applied Materials’ fiscal 1Q18 earnings call, the company’s CEO, Gary Dickerson, explained how the AI trend is boosting demand for memory and logic.
Applied Materials (AMAT) is reporting strong revenue growth as the consumer base for electronic devices broadens with the advent of the Internet of Things, big data, and AI (artificial intelligence). The company earns more than 65% of its revenue from its Semiconductor Systems division. The world’s largest foundry, TSMC (TSM), is one of the Semiconductor Systems division’s customers.
In the previous article, we saw that Applied Materials (AMAT) crossed the $1 billion quarterly revenue mark in fiscal 1Q18 and is growing steadily every quarter as demand from memory customers increases. Its non-GAAP (generally accepted accounting principles) gross margin expanded 3.6% from 42.7% in fiscal 1Q16 to 46.3% in fiscal 1Q17 driven by high volumes and a rich product mix. On the other hand, KLA-Tencor (KLAC) improved its gross margin by 1.5% from 62.5% in 1Q17 to 64% in 1Q18.
Applied Materials (AMAT) supplies SME (semiconductor manufacturing equipment) to chip makers all over the world. As the world’s semiconductor manufacturing is concentrated in the APAC (Asia-Pacific) region, it’s the largest market for AMAT and its peers Lam Research (LRCX) and KLA-Tencor (KLAC). South Korea (EWY) is their largest market, providing 30% of their revenues.
Applied Materials, Inc. ( AMAT) shares briefly rose more than 2% on Monday after Citi maintained its buy rating and raised its price target from $70 to $78, which represents a 40% premium to Friday's closing price. The move comes after Apple, Inc. ( AAPL) CFO Luca Maestri suggested that NAND and DRAM memory prices would move lower going into 2019 as weaker demand helps alleviate chronic supply issues. In addition to Applied Materials as a top pick in the group, the analyst recommended shares of KLA-Tencor Corporation ( KLAC), MKS Instruments, Inc. ( MKSI) and ASML Holding N.V. ( ASML) as other opportunities.
For instance, Advanced Micro Devices’ (AMD) and Intel’s (INTC) stock prices rose post-earnings as they reported strong guidances, but Lam Research’s (LRCX) and TSMC’s (TSM) stock prices fell post-earnings as they reported weaker guidances. The next big earnings are those of Applied Materials (AMAT), which it’s due to report on May 17.
Investors also look at the earnings a company delivers against the investments it makes. This comparison shows the ability of a company’s management to generate higher returns from lower investments. The management’s efficiency is measured using efficiency ratios.
While the external environment is tense, the company’s fundamentals are strong. As a result, value investors are holding the stock while traders are trading on the volatility. As value investor Ben Graham wrote in The Intelligent Investor, “Price is not equal to value.
Semiconductor stocks were at the center of the March stock market sell-off, which was triggered by trade tensions between the US and China. To understand investors’ reactions to all the noise around market risk, we’ll look at technical indicators that analyze a stock based on its trade volume and price movement. When a stock’s short-term moving average is higher than its long-term moving average, it shows technical strength and indicates positive investor sentiment.
This decline came as the company is exposed to market risk. The first risk is company-specific, which investors can reduce by diversifying their investments in similar stocks. The second is market risk, which arises from economic growth and geopolitical issues.
In today's pre-market research, WallStEquities.com covers the recent performance of IPG Photonics Corp. (NASDAQ: IPGP), KLA-Tencor Corp. (NASDAQ: KLAC), Kulicke and Soffa Industries Inc. (NASDAQ: KLIC), and Lam Research Corp. (NASDAQ: LRCX). Semiconductor Equipment and Materials companies engage in the design, manufacture, and sale of equipment that assists with the development of semiconductors.
LONDON, UK / ACCESSWIRE / May 11, 2018 / Active-Investors has a free review on KLA-Tencor Corp. (KLAC) following the Company's announcement that it will begin trading ex-dividend on May 14, 2018. Active-Investors has initiated due-diligence on this dividend stock. If your portfolio includes dividend stocks, you have come to the right place for timely information.
NEW YORK, May 08, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Iron ...