NASDAQ:KLACKLA Stock Price, Forecast & News

KLA's stock was trading at $144.92 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, KLAC stock has increased by 39.9% and is now trading at $202.69. 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, 7 hold ratings and 11 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) released its quarterly earnings data on Tuesday, May, 5th. The semiconductor company reported $2.47 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.28 by $0.19. The semiconductor company had revenue of $1.42 billion for 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 last year, the business earned $1.80 EPS. View KLA's earnings history.

KLA declared a quarterly dividend on Thursday, May 7th. Shareholders of record on Monday, May 18th will be paid a dividend of $0.85 per share on Tuesday, June 2nd. This represents a $3.40 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date is Friday, May 15th. View KLA's dividend history.

19 brokerages have issued 12 month target prices for KLA's stock. Their forecasts range from $130.00 to $215.00. On average, they expect KLA's stock price to reach $183.88 in the next year. This suggests that the stock has a possible downside of 9.3%. View analysts' price targets for KLA.

Media headlines about KLAC stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. 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 coverage optimism score of -2.1 on InfoTrie's scale. They also gave news headlines about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about KLA.

KLA saw a decline in short interest in June. As of June 30th, there was short interest totaling 3,500,000 shares, a decline of 5.1% from the June 15th total of 3,690,000 shares. Based on an average daily volume of 1,500,000 shares, the short-interest ratio is presently 2.3 days. Approximately 2.3% 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), Amkor Technology (AMKR), Advanced Energy Industries (AEIS), FormFactor (FORM), Nanometrics (ONTO), Axcelis Technologies (ACLS), Ultra Clean (UCTT), Xperi (XPER) and Photronics (PLAB). 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 a number of retail and institutional investors. Top institutional shareholders include American National Bank (0.02%), Boltwood Capital Management (0.00%) and Norway Savings Bank (0.00%). 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 Boltwood Capital Management, and Norway Savings Bank. 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 bought by a variety of institutional investors in the last quarter, including American National Bank. 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 $202.69.

KLA has a market capitalization of $31.43 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]