NASDAQ:KLACKLA Stock Price, Forecast & News

KLA's stock was trading at $144.92 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, KLAC stock has increased by 35.6% and is now trading at $196.51. 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) posted its earnings results on Tuesday, May, 5th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, topping 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 business's quarterly revenue was up 29.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.80 EPS. View KLA's earnings history.

KLA announced a quarterly dividend on Thursday, May 7th. Stockholders 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 yield of 1.73%. The ex-dividend date is Friday, May 15th. View KLA's dividend history.

19 brokers have issued 12-month price targets for KLA's shares. Their forecasts range from $130.00 to $215.00. On average, they anticipate KLA's share price to reach $183.88 in the next twelve months. This suggests that the stock has a possible downside of 6.4%. View analysts' price targets for KLA.

News headlines about KLAC stock have trended negative recently, according to InfoTrie. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. KLA earned a news sentiment score of -2.2 on InfoTrie's scale. They also assigned news stories about the semiconductor company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the immediate future. View the latest news about KLA.

KLA saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 3,500,000 shares, a decrease of 5.1% from the June 15th total of 3,690,000 shares. Based on an average trading volume of 1,500,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 2.3% of the shares of the company are sold short. 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), Ultra Clean (UCTT), Axcelis Technologies (ACLS), Photronics (PLAB) 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 institutional and retail investors. Top institutional investors include Boltwood Capital Management (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. 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.

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 $196.51.

KLA has a market capitalization of $30.47 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]