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. Stockholders 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 dividend yield of 2.30%. The ex-dividend date is Thursday, February 20th. View KLA's Dividend History.

KLA declared that its board has approved a stock repurchase plan on Tuesday, March 20th 2018, which permits the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its shares are undervalued.

KLA Corporation (NASDAQ:KLAC) posted its earnings results on Tuesday, February, 4th. The semiconductor company reported $2.66 EPS for the quarter, topping the consensus estimate of $2.58 by $0.08. The semiconductor company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.49 billion. KLA had a net margin of 21.55% and a return on equity of 50.92%. The business's quarterly revenue was up 34.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.44 EPS. 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 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 analysts have issued 1 year target prices for KLA's shares. Their forecasts range from $130.00 to $215.00. On average, they anticipate KLA's stock price to reach $171.42 in the next year. This suggests a possible upside of 15.8% 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.

News articles about KLAC stock have been trending somewhat positive this week, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. KLA earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned media stories about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for KLA.

KLA saw a decline in short interest in the month of February. As of February 14th, there was short interest totalling 3,140,000 shares, a decline of 14.2% from the January 30th total of 3,660,000 shares. Based on an average daily trading volume, of 1,260,000 shares, the short-interest ratio is currently 2.5 days. Approximately 2.0% 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), Amkor Technology (AMKR), Brooks Automation (BRKS), Advanced Energy Industries (AEIS), FormFactor (FORM), Xperi (XPER), Rudolph Technologies (RTEC), Cohu (COHU), Photronics (PLAB) and Ultra Clean (UCTT).

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

KLA's stock is owned by many different of retail and institutional investors. Top institutional investors 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., Beutel Goodman & Co Ltd., Boston Partners, CI Investments Inc., LSV Asset Management, Thrivent Financial for Lutherans and Oak Associates Ltd. OH. 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 acquired 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 $147.99.

KLA has a market capitalization of $23.20 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]