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. Since then, KLAC shares have increased by 19.4% and is now trading at $173.00. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KLA in the last year. There are currently 1 sell rating, 5 hold ratings and 12 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) issued its quarterly earnings data on Tuesday, May, 5th. The semiconductor company reported $2.47 EPS 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 net margin of 18.26% and a return on equity of 57.76%. The company's quarterly revenue was up 29.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.80 EPS. View KLA's earnings history.

KLA announced a quarterly dividend on Thursday, May 7th. Shareholders 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 annualized dividend and a yield of 1.97%. The ex-dividend date of this dividend is Friday, May 15th. View KLA's dividend history.

18 brokerages have issued 12 month price objectives for KLA's shares. Their forecasts range from $130.00 to $215.00. On average, they expect KLA's share price to reach $181.50 in the next twelve months. This suggests a possible upside of 4.9% from the stock's current price. View analysts' price targets for KLA.

News stories about KLAC stock have trended very positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. KLA earned a daily sentiment score of 4.0 on InfoTrie's scale. They also assigned news headlines about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news aboutKLA.

KLA saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 3,140,000 shares, an increase of 8.7% from the March 31st total of 2,890,000 shares. Based on an average daily volume of 1,810,000 shares, the short-interest ratio is presently 1.7 days. Currently, 2.0% 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), Advanced Energy Industries (AEIS), Amkor Technology (AMKR), FormFactor (FORM), Nanometrics (ONTO), Axcelis Technologies (ACLS), Photronics (PLAB), Ultra Clean (UCTT) 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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.60%), Wellington Management Group LLP (5.60%), State Street Corp (4.38%), Janus Henderson Group PLC (2.47%), Pictet Asset Management Ltd. (1.67%) and Invesco Ltd. (1.15%). 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 JPMorgan Chase & Co., BlackRock Inc., Federated Hermes Inc., Victory Capital Management Inc., Invesco Ltd., Nuveen Asset Management LLC, Morgan Stanley, and First Trust Advisors LP. 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 acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Parnassus Investments CA, The Manufacturers Life Insurance Company , Wellington Management Group LLP, APG Asset Management N.V., M&G Investment Management Ltd., Advisor Group Holdings Inc., and Janus Henderson Group PLC. 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 $173.00.

KLA has a market capitalization of $26.82 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]