NASDAQ:KLAC - KLA Stock Price, Forecast & News

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

KLA announced a quarterly dividend on Tuesday, February 11th. Shareholders of record on Saturday, February 22nd will be given a dividend of $0.85 per share on Thursday, March 5th. This represents a $3.40 annualized dividend and a yield of 2.11%. The ex-dividend date is Thursday, February 20th. View KLA's Dividend History.

KLA declared that its board has initiated a share repurchase plan on Tuesday, March 20th 2018, which permits the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

KLA Corporation (NASDAQ:KLAC) released its quarterly earnings data on Tuesday, February, 4th. The semiconductor company reported $2.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.58 by $0.08. The semiconductor company earned $1.51 billion during the quarter, compared to analysts' expectations of $1.49 billion. KLA had a return on equity of 50.92% and a net margin of 21.55%. The firm's revenue was up 34.7% on a year-over-year basis. During the same period in the prior year, the firm earned $2.44 earnings per share. View KLA's Earnings History.

KLA is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for KLA.

KLA issued an update on its third quarter earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of 2.04-2.82 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.46. The company issued revenue guidance of 1.325-1.525, compared to the consensus revenue estimate of $1.42 billion.

14 Wall Street analysts have issued 12-month target prices for KLA's shares. Their forecasts range from $130.00 to $215.00. On average, they expect KLA's stock price to reach $171.42 in the next twelve months. This suggests a possible upside of 6.4% from the stock's current price. View Analyst Price Targets for KLA.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KLA in the last year. There are currently 2 sell ratings, 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for KLA.

Media stories about KLAC stock have been trending very negative on Sunday, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. KLA earned a news impact score of -3.0 on InfoTrie's scale. They also gave news coverage about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for KLA.

KLA saw a increase in short interest in January. As of January 31st, there was short interest totalling 3,660,000 shares, an increase of 12.3% from the January 15th total of 3,260,000 shares. Based on an average daily trading volume, of 1,263,200 shares, the short-interest ratio is presently 2.9 days. Approximately 2.3% of the shares of the 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), Amkor Technology (AMKR), Brooks Automation (BRKS), Advanced Energy Industries (AEIS), FormFactor (FORM), Ultra Clean (UCTT), Xperi (XPER), Photronics (PLAB), Cohu (COHU) and Nanometrics (NANO).

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

KLA's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (4.34%), Janus Henderson Group PLC (2.27%), Boston Partners (1.79%), FMR LLC (1.77%), Pictet Asset Management Ltd. (1.63%) and FIL Ltd (1.56%). 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 Victory Capital Management Inc., Victory Capital Management Inc., Boston Partners, CI Investments Inc., LSV Asset Management, Thrivent Financial for Lutherans, Oak Associates Ltd. OH and State Street Corp. 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, Emiko Higashi, Kevin Kennedy, Oreste Donzella, Teri A Little and Virendra A Kirloskar. View Insider Buying and Selling for KLA.

KLAC stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Ceredex Value Advisors LLC, First Trust Advisors LP, Scout Investments Inc., FIL Ltd, Pictet Asset Management Ltd., Totem Point Management LLC and KBC Group NV. View Insider Buying and Selling 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 $161.12.

KLA has a market capitalization of $25.26 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.View Additional Information About KLA.

The official website for KLA is http://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]