KLA-Tencor Corporations in-depth stock price analysis indicates that the stock price has rallied 8.25% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 28.32% . Looking at the past 52 week period, the stock price is up at 35.82% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of KLA-Tencor Corporation has a positive value of 8.06 compared to overall market. KLA-Tencor Corporation (NASDAQ:KLAC) has tumbled 1.08% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 6.39% in the last four weeks. The stocks have underperformed the S&P 500 by 1.88% during the past week but KLA-Tencor Corporation (NASDAQ:KLAC) it has outperformed the index in 4 weeks by 4.48%.
KLA-Tencor Corporation (NASDAQ:KLAC) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.1 points or 0.12% at $86.64 with 1,422,066 shares getting traded. Post opening the session at $86.96, the shares hit an intraday low of $86.33 and an intraday high of $87.24 and the price was in this range throughout the day. The company has a market cap of $13,579 million and the number of outstanding shares has been calculated to be 156,729,320 shares. The 52-week high of KLA-Tencor Corporation (NASDAQ:KLAC) is $88.12 and the 52-week low is $62.33.
KLA-Tencor Corp Last issued its quarterly earnings results on Jan 26, 2017. The company reported $1.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.12. Analyst had a consensus of $1.40. The company had revenue of $877.00 million for the quarter, compared to analysts expectations of $838.99 million. The companys revenue was up 23.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.04 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Cowen on Jan 27, 2017 to Outperform, Raises Price Target to $ 96 from a previous price target of $85 .Company shares were Reiterated by Needham on Jan 27, 2017 to Strong Buy, Raises Price Target to $ 105 from a previous price target of $95 .Company shares were Reiterated by Stifel on Jan 27, 2017 to Hold, Raises Price Target to $ 83 from a previous price target of $71 .KLA-Tencor Corp was Initiated by Goldman to Buy on Dec 19, 2016. Company shares were Upgraded by Needham on Dec 14, 2016 to Strong Buy, Raises Price Target to $ 95 from a previous price target of $86 .
Company has reported several Insider transactions to the SEC, on Feb 8, 2017, Brian M. Trafas (Senior Vice President) sold 3,064 shares at 86.89 per share price.On Feb 3, 2017, Bren D. Higgins (EVP & Chief Financial Officer) sold 4,610 shares at 85.47 per share price.On Feb 3, 2017, Richard P Wallace (President and CEO) sold 38,543 shares at 85.47 per share price.
KLA-Tencor Corporation is one of the worlds leading suppliers of process control and yield management solutions for the semiconductor and related microelectronics industries. Its comprehensive portfolio of products, software, analysis, services and expertise is designed to help integrated circuit manufacturers manage yield throughout the entire wafer fabrication process.