NASDAQ:KLAC

KLA (KLAC) Stock Price, News & Analysis

$672.95
+16.41 (+2.50%)
(As of 04/25/2024 ET)
Today's Range
$650.01
$677.72
50-Day Range
$628.16
$723.26
52-Week Range
$355.88
$729.15
Volume
1.07 million shs
Average Volume
959,011 shs
Market Capitalization
$91.00 billion
P/E Ratio
34.18
Dividend Yield
0.86%
Price Target
$696.58

KLA MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
3.5% Upside
$696.58 Price Target
Short Interest
Healthy
1.41% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.58
Upright™ Environmental Score
News Sentiment
0.69mentions of KLA in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$7.22 M Sold Last Quarter
Proj. Earnings Growth
21.36%
From $22.61 to $27.44 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.81 out of 5 stars

Computer And Technology Sector

45th out of 585 stocks

Optical Instruments & Lenses Industry

1st out of 5 stocks

KLAC stock logo

About KLA Stock (NASDAQ:KLAC)

KLA Corporation designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB, Display and Component Inspection. The company offers inspection and review tools to identify, locate, characterize, review, and analyze defects on various surfaces of patterned and unpatterned wafers; metrology systems that are used to measure pattern dimensions, film thickness, film stress, layer-to-layer alignment, pattern placement, surface topography, and electro-optical properties for wafers; Wafer defect inspection, review, and metrology systems; reticle inspection and metrology systems; chemical process control equipment; wired and wireless sensor wafers and reticles; and semiconductor software solutions that provide run-time process control, defect excursion identification, process corrections, and defect classification to accelerate yield learning rates and reduce production risk. It also provides etch, plasma dicing, deposition, and other wafer processing technologies and solutions for the semiconductor and microelectronics industry. In addition, the company offers direct imaging, inspection, optical shaping, inkjet and additive printing, UV laser drilling and computer-aided manufacturing and engineering solutions for the PCB market; inspection and electrical testing systems to identify and classify defects, as well as systems to repair defects for the display market; and inspection and metrology systems for quality control and yield improvement in advanced and traditional semiconductor packaging markets. The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was incorporated in 1975 and is headquartered in Milpitas, California.

KLAC Stock Price History

KLAC Stock News Headlines

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KLA (NASDAQ:KLAC) Given New $725.00 Price Target at Citigroup
KLA Corporation Common Stock (KLAC)
KLA Corporation (KLAC)
KLA Unusual Options Activity For April 18
KLA (KLAC) Scheduled to Post Quarterly Earnings on Thursday
KLA Corp.
Stocks Close Mixed on Hawkish Fed Comments
What Analysts Are Saying About KLA Stock
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Ex-Dividend for 3/1 Dividend
2/15/2024
Dividend Payable
3/01/2024
Today
4/25/2024
Next Earnings (Confirmed)
4/25/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Optical instruments & lenses
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:KLAC
CUSIP
48248010
Employees
15,210
Year Founded
1976

Price Target and Rating

Average Stock Price Target
$696.58
High Stock Price Target
$850.00
Low Stock Price Target
$500.00
Potential Upside/Downside
+3.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
20 Analysts

Profitability

Net Income
$3.39 billion
Pretax Margin
32.25%

Debt

Sales & Book Value

Annual Sales
$10.50 billion
Cash Flow
$30.16 per share
Book Value
$21.36 per share

Miscellaneous

Free Float
135,072,000
Market Cap
$91.00 billion
Optionable
Optionable
Beta
1.34

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KLAC Stock Analysis - Frequently Asked Questions

Should I buy or sell KLA stock right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KLA in the last year. There are currently 1 sell rating, 7 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KLAC shares.
View KLAC analyst ratings
or view top-rated stocks.

What is KLA's stock price target for 2024?

20 analysts have issued 1-year price objectives for KLA's stock. Their KLAC share price targets range from $500.00 to $850.00. On average, they anticipate the company's share price to reach $696.58 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price.
View analysts price targets for KLAC
or view top-rated stocks among Wall Street analysts.

How have KLAC shares performed in 2024?

KLA's stock was trading at $581.30 at the beginning of the year. Since then, KLAC stock has increased by 15.8% and is now trading at $672.95.
View the best growth stocks for 2024 here
.

When is KLA's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our KLAC earnings forecast
.

How were KLA's earnings last quarter?

KLA Co. (NASDAQ:KLAC) posted its quarterly earnings data on Thursday, January, 25th. The semiconductor company reported $6.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.91 by $0.25. The semiconductor company earned $2.49 billion during the quarter, compared to analysts' expectations of $2.46 billion. KLA had a trailing twelve-month return on equity of 107.56% and a net margin of 27.98%. The business's revenue was down 16.7% compared to the same quarter last year. During the same quarter last year, the firm posted $7.38 EPS.
Read the conference call transcript
.

How often does KLA pay dividends? What is the dividend yield for KLA?

KLA declared a quarterly dividend on Wednesday, February 7th. Stockholders of record on Monday, February 19th will be paid a dividend of $1.45 per share on Friday, March 1st. This represents a $5.80 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date is Thursday, February 15th.
Read our dividend analysis for KLAC
.

Is KLA a good dividend stock?

KLA (NASDAQ:KLAC) pays an annual dividend of $5.80 per share and currently has a dividend yield of 0.89%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 29.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KLAC will have a dividend payout ratio of 21.14% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KLAC.

How will KLA's stock buyback program work?

KLA announced that its board has authorized a stock repurchase program on Tuesday, September 5th 2023, which authorizes the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 2.9% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its shares are undervalued.

What guidance has KLA issued on next quarter's earnings?

KLA issued an update on its fourth quarter 2024 earnings guidance on Thursday, April, 25th. The company provided earnings per share guidance of 5.470-6.670 for the period, compared to the consensus earnings per share estimate of 5.680. The company issued revenue guidance of $2.4 billion-$2.6 billion, compared to the consensus revenue estimate of $2.4 billion.

What is Rick Wallace's approval rating as KLA's CEO?

429 employees have rated KLA Chief Executive Officer Rick Wallace on Glassdoor.com. Rick Wallace has an approval rating of 97% among the company's employees. This puts Rick Wallace in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of KLA own?

Based on aggregate information from My MarketBeat watchlists, some companies that other KLA investors own include NVIDIA (NVDA), Intel (INTC), Lam Research (LRCX), QUALCOMM (QCOM), Applied Materials (AMAT), Micron Technology (MU), Advanced Micro Devices (AMD), Salesforce (CRM), Alibaba Group (BABA) and Adobe (ADBE).

Who are KLA's major shareholders?

KLA's stock is owned by many different institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (0.87%), Dakota Wealth Management (0.66%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), Raymond James & Associates (0.10%), Cookson Peirce & Co. Inc. (0.10%) and Wedge Capital Management L L P NC (0.09%). Insiders that own company stock include Ahmad A Khan, Bren D Higgins, Brian Lorig, Gary B Moore, Jeneanne Michelle Hanley, Mary Beth Wilkinson, Oreste Donzella, Richard P Wallace, Virendra A Kirloskar and Virendra A Kirloskar.
View institutional ownership trends
.

How do I buy shares of KLA?

Shares of KLAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does KLA have any subsidiaries?
The following companies are subsidiares of KLA: ADE Corporation, Acme Systems, Ambios Technology, Belize Holdings LLC, CAPRES, Candela Instruments, Capres A/S, Dino Acquisition Technology L.L.C., FINLE Technologies, Fab Solutions, FabSolve, Filmetric Europe Gmbh, Filmetrics, Filmetrics Inc., Filmetrics Korea Ltd, Frontline P.C.B. Solutions (1998) Ltd., ICOS Vision Systems, ICOS Vision Systems (Shenzhen) Co. Ltd., ICOS Vision Systems Corporation BVBA, ICOS Vision Systems Ltd., ICOS Vision Systems NV, International Sales & Business Inc., Jiangsu Xinshun Microelectronics, KLA Aleris Holding LLC, KLA Singapore Holding Company III Pte. Ltd., KLA-Tencor (Malaysia) Sdn Bhd, KLA-Tencor (Singapore) Pte. Ltd., KLA-Tencor (Thailand) Limited, KLA-Tencor Asia-Pac Distribution Corporation, KLA-Tencor China Corporation, KLA-Tencor Corporation (1992) Ltd., KLA-Tencor Corporation (Cayman) Limited I, KLA-Tencor Corporation (Cayman) Limited III, KLA-Tencor Corporation (Cayman) Limited IV, KLA-Tencor Corporation (Israel), KLA-Tencor Corporation Holding (1987) Ltd., KLA-Tencor France SARL, KLA-Tencor GmbH, KLA-Tencor Integrated Metrology (Israel) (2002) Ltd., KLA-Tencor International Corporation, KLA-Tencor International Trading (Shanghai) Co. Ltd., KLA-Tencor Ireland Ltd., KLA-Tencor Italy S.R.L., KLA-Tencor Japan Ltd., KLA-Tencor Korea, KLA-Tencor Limited, KLA-Tencor MIE GmbH, KLA-Tencor MIE Holdings GmbH & Co. KG, KLA-Tencor MIE Holdings S.à r.l., KLA-Tencor MIE Holdings Verwaltungs GmbH, KLA-Tencor Semiconductor Equipment Technology (Shanghai) Co. Ltd., KLA-Tencor Singapore Holding Co. Pte II Ltd., KLA-Tencor Singapore Holding Co. Pte. Ltd., KLA-Tencor Software India Private Limited, KT Recreation Association LLC, KT Venture Group II L.L.C., KT Venture Group L.L.C., KT Venture Mgmt. LLC, Keystone Merger Sub Inc., Lakers Holding Company APS, Laser Imaging Systems GmbH, Lee Ta Technologies (BVI) Inc., Luminescent Technologies, MicroSense, Microsense LLC, Nanomechanics Inc., New System SRL, OnWafer Technologies, Optical Metrology Patents Limited, Orbograph Ltd., Orbot Europe S.A, Orbotech, Orbotech Asia Ltd, Orbotech B.V., Orbotech Caribbean Ltd., Orbotech Deutschland GmbH, Orbotech Electronics (Shenzhen) Co. Ltd, Orbotech Electronics (Suzhou) Co Ltd, Orbotech Holding GmbH, Orbotech Inc., Orbotech Japan Ltd, Orbotech Korea Ltd, Orbotech LT Solar LLC, Orbotech Logistics Ltd, Orbotech Ltd, Orbotech Pacific Ltd., Orbotech S.A., Orbotech Singapore Corporation Pte Ltd, Orbotech Technology Ventures LP, Orbotech Technology Ventures Ltd., Orbotech Trading (Shanghai) Co. Ltd, Photon Dynamics Inc., Photon Dynamics Solar Corporation, Primaxx Inc., QC Optics, Qoniac, Qoniac GmbH, Qoniac Japan Ltd., Qoniac Korea Ltd., Qoniac Taiwan Ltd., SPTS Technologies (Shanghai) Co. Ltd., SPTS Technologies ET Ltd, SPTS Technologies GmbH, SPTS Technologies Inc., SPTS Technologies Limited, SPTS Technologies Ltd, SPTS Technologies Overseas Holdings Ltd., SPTS Technologies Pte Ltd., SPTS Technologies SAS, SPTS Technologies UK Limited, SensArray Corp, Therma-Wave, VLSI Standards Inc., Vistec Semiconductor Systems - MIE, Whiskey Holding Sub LLC, Zeta Instruments, and Zeta Instruments Inc..
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This page (NASDAQ:KLAC) was last updated on 4/26/2024 by MarketBeat.com Staff

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