Report
Abhinav Davuluri
EUR 147.86 For Business Accounts Only

KLA-Tencor Poised for Solid Organic Growth in the Wake of Failed Merger With Lam Research

After the news that it would no longer be merging with Lam Research, KLA-Tencor hosted its first conference call since the deal was announced in October 2015. During the call, management provided an update on the firm’s strategy and forward outlook, with a long-term revenue growth objective of 5%-7%, consistent with our internal model. Additionally, the firm announced a modest increase in its quarterly dividend from $0.52 to $0.54 per share. We continue to believe that KLA is well-positioned to ...
Underlying
KLA Corporation

KLA is a supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The company provides process control and process-enabling solutions for manufacturing and testing wafers and reticles, integrated circuits, packaging, light emitting diodes, power devices, compound semiconductor devices, microelectromechanical systems, data storage, printed circuit boards (PCBs), and flat and flexible panel displays, as well as general materials research. The company has four reportable segments which include Semiconductor Process Control; Specialty Semiconductor Process; PCB, Display and Component Inspection; and Other.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Abhinav Davuluri

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch