NASDAQ:KLACKLA Stock Price, Forecast & News

KLA's stock was trading at $144.92 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KLAC stock has increased by 18.0% and is now trading at $171.00. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KLA in the last year. There are currently 1 sell rating, 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for KLA.

KLA is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for KLA.

KLA Corporation (NASDAQ:KLAC) posted its quarterly earnings data on Tuesday, May, 5th. The semiconductor company reported $2.47 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $2.28 by $0.19. The semiconductor company earned $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. KLA had a return on equity of 57.76% and a net margin of 18.26%. The company's quarterly revenue was up 29.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.80 earnings per share. View KLA's earnings history.

KLA announced a quarterly dividend on Thursday, May 7th. Investors of record on Monday, May 18th will be given a dividend of $0.85 per share on Tuesday, June 2nd. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date is Friday, May 15th. View KLA's dividend history.

19 brokers have issued twelve-month price targets for KLA's shares. Their forecasts range from $130.00 to $215.00. On average, they expect KLA's share price to reach $180.82 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price. View analysts' price targets for KLA.

News headlines about KLAC stock have trended very negative on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. KLA earned a daily sentiment score of -3.1 on InfoTrie's scale. They also gave news articles about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutKLA.

KLA saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 3,140,000 shares, an increase of 8.7% from the March 31st total of 2,890,000 shares. Based on an average trading volume of 1,810,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 2.0% of the company's stock are short sold. View KLA's Current Options Chain.

Some companies that are related to KLA include Applied Materials (AMAT), Lam Research (LRCX), Teradyne (TER), Entegris (ENTG), MKS Instruments (MKSI), Cabot Microelectronics (CCMP), Brooks Automation (BRKS), Advanced Energy Industries (AEIS), Amkor Technology (AMKR), FormFactor (FORM), Nanometrics (ONTO), Axcelis Technologies (ACLS), Photronics (PLAB), Ultra Clean (UCTT) and Xperi (XPER). View all competitors.

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

KLA trades on the NASDAQ under the ticker symbol "KLAC."

KLA's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.60%), Wellington Management Group LLP (5.60%), State Street Corp (4.38%), Janus Henderson Group PLC (2.47%), Pictet Asset Management Ltd. (1.67%) and Invesco Ltd. (1.15%). Company insiders that own KLA stock include Ahmad A Khan, Amichai Steimberg, Bren D Higgins, Brian Lorig, Brian M Trafas, Emiko Higashi, Kevin Kennedy, Oreste Donzella, Richard P Wallace, Teri A Little and Virendra A Kirloskar. View institutional ownership trends for KLA.

KLAC stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., Federated Hermes Inc., Victory Capital Management Inc., Invesco Ltd., Nuveen Asset Management LLC, Morgan Stanley, and Morgan Stanley. Company insiders that have sold KLA company stock in the last year include Ahmad A Khan, Amichai Steimberg, Bren D Higgins, Brian Lorig, Brian M Trafas, Kevin Kennedy, Oreste Donzella, Richard P Wallace, Teri A Little, and Virendra A Kirloskar. View insider buying and selling activity for KLA.

KLAC stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Parnassus Investments CA, The Manufacturers Life Insurance Company , Wellington Management Group LLP, APG Asset Management N.V., M&G Investment Management Ltd., Advisor Group Holdings Inc., and Janus Henderson Group PLC. View insider buying and selling activity for KLA.

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

One share of KLAC stock can currently be purchased for approximately $171.00.

KLA has a market capitalization of $26.51 billion and generates $4.57 billion in revenue each year. The semiconductor company earns $1.18 billion in net income (profit) each year or $8.46 on an earnings per share basis. KLA employs 10,020 workers across the globe.

The official website for KLA is www.kla.com.

KLA's mailing address is ONE TECHNOLOGY DRIVE, MILPITAS CA, 95035. The semiconductor company can be reached via phone at 408-875-3000 or via email at [email protected]