KLA-Tencor Corp (NASDAQ:KLAC)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $163.08 and last traded at $163.01, with a volume of 12233 shares traded. The stock had previously closed at $159.00.

KLAC has been the subject of a number of analyst reports. Bank of America raised their price target on KLA-Tencor from $150.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, September 18th. Citigroup raised their price target on KLA-Tencor from $156.50 to $180.00 and gave the stock a “buy” rating in a report on Monday, September 23rd. Cowen reaffirmed an “outperform” rating and issued a $170.00 price target (up from $155.00) on shares of KLA-Tencor in a report on Wednesday, September 18th. KeyCorp raised their price target on KLA-Tencor from $152.00 to $162.00 and gave the stock an “overweight” rating in a report on Thursday, September 12th. Finally, ValuEngine lowered KLA-Tencor from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $154.23.

The company has a market cap of $25.30 billion, a P/E ratio of 18.87, a price-to-earnings-growth ratio of 1.45 and a beta of 1.71. The company has a 50 day moving average of $154.68 and a 200-day moving average of $130.06. The company has a debt-to-equity ratio of 1.19, a current ratio of 2.44 and a quick ratio of 1.73.

KLA-Tencor (NASDAQ:KLAC) last posted its quarterly earnings data on Monday, August 5th. The semiconductor company reported $1.78 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.71 by $0.07. The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.26 billion. KLA-Tencor had a return on equity of 60.86% and a net margin of 25.73%. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter last year, the company earned $2.22 earnings per share. Research analysts anticipate that KLA-Tencor Corp will post 9.5 EPS for the current year.

In other KLA-Tencor news, CFO Bren D. Higgins sold 1,654 shares of the firm’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $130.10, for a total transaction of $215,185.40. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Amichai Steimberg sold 8,962 shares of the firm’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $138.80, for a total value of $1,243,925.60. Following the sale, the chief executive officer now owns 19,892 shares in the company, valued at approximately $2,761,009.60. The disclosure for this sale can be found here. Insiders have sold 49,284 shares of company stock valued at $6,893,570 in the last three months. 0.19% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Hexavest Inc. purchased a new stake in KLA-Tencor during the second quarter valued at about $28,000. Valeo Financial Advisors LLC raised its position in KLA-Tencor by 560.4% during the second quarter. Valeo Financial Advisors LLC now owns 350 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 297 shares in the last quarter. Wealthcare Advisory Partners LLC purchased a new stake in KLA-Tencor during the second quarter valued at about $47,000. Princeton Global Asset Management LLC purchased a new stake in KLA-Tencor during the second quarter valued at about $48,000. Finally, TD Capital Management LLC purchased a new stake in KLA-Tencor during the second quarter valued at about $52,000. Institutional investors and hedge funds own 87.79% of the company’s stock.

KLA-Tencor Company Profile (NASDAQ:KLAC)

KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide. The company offers chip and wafer manufacturing products, including defect inspection and review systems, metrology solutions, in situ process monitoring products, computational lithography software, and data analytics systems for chip manufacturers to manage yield throughout the semiconductor fabrication process.

Featured Article: How prevalent are 12b-1 fees?

Receive News & Ratings for KLA-Tencor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KLA-Tencor and related companies with MarketBeat.com's FREE daily email newsletter.