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NVDA   187.09 (+4.27%)
NIO   21.11 (+1.39%)
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AMD   100.83 (+2.76%)
MU   65.04 (+4.36%)
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NASDAQ:KLAC

KLA - KLAC Stock Forecast, Price & News

$381.20
+8.45 (+2.27%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$372.49
$383.78
50-Day Range
$293.00
$397.40
52-Week Range
$282.83
$457.12
Volume
1.14 million shs
Average Volume
1.47 million shs
Market Capitalization
$54.06 billion
P/E Ratio
17.41
Dividend Yield
1.13%
Price Target
$425.16

KLA MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.72 Rating Score
Upside/​Downside
11.5% Upside
$425.16 Price Target
Short Interest
Bearish
5.03% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.14
Upright™ Environmental Score
News Sentiment
0.02mentions of KLA in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$3.03 M Sold Last Quarter
Proj. Earnings Growth
-4.11%
From $24.83 to $23.81 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.54 out of 5 stars

Computer And Technology Sector

189th out of 659 stocks

Optical Instruments & Lenses Industry

2nd out of 5 stocks

KLAC stock logo

About KLA (NASDAQ:KLAC) Stock

KLA 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. It also provides reticle manufacturing products, such as reticle inspection, metrology, and data analytics systems for mask shops; and packaging manufacturing products comprising wafer inspection and metrology, die sorting and inspection, IC component inspection and metrology, data analytics, wafer processing systems, and IC substrate production processes. In addition, the company offers compound semiconductor, power device, light emitting diode, and microelectromechanical system manufacturing products; data storage media/head manufacturing products; general purpose/lab applications; and previous-generation KLA systems. Further, it provides wafer processing solutions; printed circuit boards, and display and inspection components; and other services. 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.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Morgan Stanley increased their target price on shares of KLA from $373.00 to $377.00 and gave the stock an "equal weight" rating in a report on Monday, July 25th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of KLA from $425.00 to $385.00 in a report on Monday, July 18th. UBS Group reduced their target price on shares of KLA from $360.00 to $345.00 and set a "neutral" rating for the company in a report on Tuesday, June 28th. Bank of America reduced their target price on shares of KLA from $430.00 to $410.00 and set a "buy" rating for the company in a report on Wednesday, June 29th. Finally, KeyCorp upped their price target on KLA from $375.00 to $410.00 and gave the stock an "overweight" rating in a research note on Friday, July 29th. Six equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $425.16.

KLA Stock Down 0.5 %

NASDAQ:KLAC opened at $372.75 on Friday. The company has a debt-to-equity ratio of 4.76, a quick ratio of 1.75 and a current ratio of 2.50. The company has a market capitalization of $52.86 billion, a P/E ratio of 17.02, a P/E/G ratio of 1.16 and a beta of 1.33. KLA has a one year low of $282.83 and a one year high of $457.12. The stock has a 50 day moving average price of $341.00 and a 200-day moving average price of $346.89.

KLA (NASDAQ:KLAC - Get Rating) last posted its earnings results on Thursday, July 28th. The semiconductor company reported $5.81 EPS for the quarter, beating analysts' consensus estimates of $5.46 by $0.35. The firm had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.42 billion. KLA had a return on equity of 95.80% and a net margin of 36.06%. The company's quarterly revenue was up 29.2% compared to the same quarter last year. During the same period in the prior year, the company earned $4.43 EPS. As a group, equities analysts predict that KLA will post 24.83 EPS for the current fiscal year.

KLA Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 1st. Investors of record on Monday, August 15th will be given a $1.30 dividend. The ex-dividend date is Friday, August 12th. This is an increase from KLA's previous quarterly dividend of $1.05. This represents a $5.20 dividend on an annualized basis and a yield of 1.40%. KLA's dividend payout ratio (DPR) is currently 19.18%.

Insider Buying and Selling

In related news, CFO Bren D. Higgins sold 1,020 shares of the firm's stock in a transaction on Tuesday, May 24th. The stock was sold at an average price of $337.02, for a total value of $343,760.40. Following the completion of the sale, the chief financial officer now directly owns 64,257 shares in the company, valued at $21,655,894.14. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other KLA news, CAO Virendra A. Kirloskar sold 325 shares of the stock in a transaction on Monday, August 8th. The stock was sold at an average price of $390.85, for a total value of $127,026.25. Following the sale, the chief accounting officer now owns 5,291 shares in the company, valued at $2,067,987.35. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Bren D. Higgins sold 1,020 shares of the stock in a transaction on Tuesday, May 24th. The stock was sold at an average price of $337.02, for a total value of $343,760.40. Following the completion of the sale, the chief financial officer now owns 64,257 shares in the company, valued at approximately $21,655,894.14. The disclosure for this sale can be found here. Insiders sold a total of 7,790 shares of company stock worth $2,929,834 over the last three months. 0.16% of the stock is owned by insiders.

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KLAC Stock News Headlines

Looking At KLA's Recent Whale Trades - Benzinga
KLA Co. (NASDAQ:KLAC) EVP Brian Lorig Sells 29 Shares of Stock
KLA (NASDAQ:KLAC) Given New $410.00 Price Target at KeyCorp
KLA (NASDAQ:KLAC) PT Raised to $400.00
Morgan Stanley Reaffirms Maintains Rating for KLA (NASDAQ:KLAC)
KLA (NASDAQ:KLAC) PT Raised to $377.00
KLA (NASDAQ:KLAC) Given New $325.00 Price Target at Barclays
KLA Q4 2022 Earnings Preview - Seeking Alpha
See More Headlines
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KLAC Company Calendar

Ex-Dividend for 6/1 Dividend
5/13/2022
Dividend Payable
6/01/2022
Last Earnings
7/28/2022
Today
8/12/2022
Ex-Dividend for 9/1 Dividend
8/12/2022
Dividend Payable
9/01/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Optical instruments & lenses
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:KLAC
CUSIP
48248010
Employees
11,550
Year Founded
1976

Price Target and Rating

Average Stock Price Forecast
$425.16
High Stock Price Forecast
$545.00
Low Stock Price Forecast
$325.00
Forecasted Upside/Downside
+11.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.72
Research Coverage
18 Analysts

Profitability

Net Income
$3.32 billion
Pretax Margin
37.88%

Debt

Sales & Book Value

Annual Sales
$9.21 billion
Cash Flow
$25.62 per share
Book Value
$9.87 per share

Miscellaneous

Free Float
141,577,000
Market Cap
$54.06 billion
Optionable
Optionable
Beta
1.33

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KLAC Stock - Frequently Asked Questions

Should I buy or sell KLA stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for KLA in the last twelve months. There are currently 5 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" KLAC shares.
View KLAC analyst ratings
or view top-rated stocks.

What is KLA's stock price forecast for 2022?

18 Wall Street analysts have issued 12-month price targets for KLA's shares. Their KLAC share price forecasts range from $325.00 to $545.00. On average, they anticipate the company's share price to reach $425.16 in the next twelve months. This suggests a possible upside of 11.9% 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 2022?

KLA's stock was trading at $430.11 at the beginning of 2022. Since then, KLAC stock has decreased by 11.6% and is now trading at $380.05.
View the best growth stocks for 2022 here
.

When is KLA's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our KLAC earnings forecast
.

How were KLA's earnings last quarter?

KLA Co. (NASDAQ:KLAC) posted its quarterly earnings results on Thursday, July, 28th. The semiconductor company reported $5.81 earnings per share for the quarter, beating the consensus estimate of $5.46 by $0.35. The semiconductor company earned $2.49 billion during the quarter, compared to analyst estimates of $2.42 billion. KLA had a trailing twelve-month return on equity of 95.80% and a net margin of 36.06%. The company's quarterly revenue was up 29.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.43 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 Thursday, August 4th. Investors of record on Monday, August 15th will be paid a dividend of $1.30 per share on Thursday, September 1st. This represents a $5.20 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend is Friday, August 12th. This is a boost from the stock's previous quarterly dividend of $1.05.
Read our dividend analysis for KLAC
.

Is KLA a good dividend stock?

KLA (NASDAQ:KLAC) pays an annual dividend of $4.20 per share and currently has a dividend yield of 1.12%. 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 19.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KLAC will have a dividend payout ratio of 17.64% 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 initiated a share repurchase program on Thursday, June 16th 2022, which permits the company to buyback $6,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 12.9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

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

KLA updated its first quarter 2023 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $5.70-$6.80 for the period, compared to the consensus earnings per share estimate of $5.81. The company issued revenue guidance of $2.48 billion-$2.73 billion, compared to the consensus revenue estimate of $2.52 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).

What is KLA's stock symbol?

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

Who are KLA's major shareholders?

KLA's stock is owned by a number of retail and institutional investors. Top institutional investors include Primecap Management Co. CA (5.06%), FMR LLC (2.21%), Pictet Asset Management SA (1.38%), State Farm Mutual Automobile Insurance Co. (0.99%), Van ECK Associates Corp (0.84%) and Maj Invest Holding A S (0.64%). Insiders that own company stock include Ahmad A Khan, Ahmad A Khan, Amichai Steimberg, Bren D Higgins, Bren D Higgins, Brian Lorig, Brian M Trafas, Gary B Moore, Kevin Kennedy, Kiran M Patel, Mary Beth Wilkinson, Oreste Donzella, Richard P Wallace, Teri A Little, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is KLA's stock price today?

One share of KLAC stock can currently be purchased for approximately $380.05.

How much money does KLA make?

KLA (NASDAQ:KLAC) has a market capitalization of $53.89 billion and generates $9.21 billion in revenue each year. The semiconductor company earns $3.32 billion in net income (profit) each year or $21.90 on an earnings per share basis.

How many employees does KLA have?

The company employs 11,550 workers across the globe.

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..
Read More

When was KLA founded?

KLA was founded in 1976.

How can I contact KLA?

KLA's mailing address is ONE TECHNOLOGY DRIVE, MILPITAS CA, 95035. The official website for the company is www.kla.com. The semiconductor company can be reached via phone at (408) 875-3000, via email at ir@kla-tencor.com, or via fax at 408-875-4144.

This page (NASDAQ:KLAC) was last updated on 8/12/2022 by MarketBeat.com Staff

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