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 shares have increased by 40.5% and is now trading at $203.59. 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, 8 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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, topping the Zacks' consensus estimate of $2.28 by $0.19. The semiconductor company earned $1.42 billion during the quarter, compared to analyst estimates of $1.40 billion. KLA had a return on equity of 57.76% and a net margin of 18.26%. The business's revenue was up 29.8% on a year-over-year basis. During the same period in the previous year, the firm posted $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 annualized dividend and a yield of 1.67%. The ex-dividend date is Friday, May 15th. View KLA's dividend history.

19 Wall Street analysts have issued 12-month price objectives for KLA's stock. Their forecasts range from $130.00 to $215.00. On average, they anticipate KLA's stock price to reach $183.88 in the next year. This suggests that the stock has a possible downside of 9.7%. View analysts' price targets for KLA.

News articles about KLAC stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research firm ranks 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 negative five to five, with scores closest to five being the most favorable. KLA earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave media headlines about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about KLA.

KLA saw a decline in short interest in the month of 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 days-to-cover ratio is presently 2.3 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), Brooks Automation (BRKS), Amkor Technology (AMKR), Advanced Energy Industries (AEIS), FormFactor (FORM), Nanometrics (ONTO), Ultra Clean (UCTT), Axcelis Technologies (ACLS), 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 institutional and retail investors. Top institutional shareholders include American National Bank (0.02%), DNB Asset Management AS (0.01%), Boltwood Capital Management (0.00%), IBM Retirement Fund (0.00%), Norway Savings Bank (0.00%) and Contravisory Investment Management Inc. (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, Whittier Trust Co. of Nevada Inc., IBM Retirement Fund, Norway Savings Bank, and Whittier Trust Co.. 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 Contravisory Investment Management Inc., DNB Asset Management AS, Chesley Taft & Associates LLC, and 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 $203.59.

KLA has a market capitalization of $31.57 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]