KLA - KLAC Stock Forecast, Price & News

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KLA in the last twelve months. There are currently 5 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" KLAC shares.
View KLAC analyst ratings or view top-rated stocks.

18 Wall Street analysts have issued 1-year price targets for KLA's shares. Their KLAC share price forecasts range from $265.00 to $545.00. On average, they expect the company's share price to reach $421.00 in the next year. This suggests a possible upside of 38.9% from the stock's current price.
View analysts price targets for KLAC or view top-rated stocks among Wall Street analysts.

KLA's stock was trading at $430.11 at the start of the year. Since then, KLAC stock has decreased by 29.5% and is now trading at $303.12.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our KLAC earnings forecast.

KLA Co. (NASDAQ:KLAC) posted its quarterly earnings results on Thursday, July, 28th. The semiconductor company reported $5.81 EPS for the quarter, topping analysts' consensus estimates of $5.46 by $0.35. The semiconductor company earned $2.49 billion during the quarter, compared to the consensus estimate of $2.42 billion. KLA had a trailing twelve-month return on equity of 95.80% and a net margin of 36.06%. The company's quarterly revenue was up 29.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.43 EPS.
Read the conference call transcript.

KLA declared a quarterly dividend on Thursday, August 4th. Shareholders of record on Monday, August 15th will be given a dividend of $1.30 per share on Thursday, September 1st. This represents a $5.20 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date is Friday, August 12th. This is an increase from the stock's previous quarterly dividend of $1.05.
Read our dividend analysis for KLAC.

KLA (NASDAQ:KLAC) pays an annual dividend of $5.20 per share and currently has a dividend yield of 1.65%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 23.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KLAC will have a dividend payout ratio of 21.93% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KLAC.

KLA announced that its board has approved a share repurchase plan on Thursday, June 16th 2022, which allows the company to repurchase $6,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 12.9% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

KLA updated its first quarter 2023 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $5.70-$6.80 for the period, compared to the consensus estimate of $5.81. The company issued revenue guidance of $2.48 billion-$2.73 billion, compared to the consensus revenue estimate of $2.52 billion.

429 employees have rated KLA Chief Executive Officer Rick Wallace on Glassdoor.com. Rick Wallace has an approval rating of 97% among the company's employees. This puts Rick Wallace in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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

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

Shares of KLAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of KLAC stock can currently be purchased for approximately $303.12.

KLA (NASDAQ:KLAC) has a market capitalization of $42.99 billion and generates $9.21 billion in revenue each year. The semiconductor company earns $3.32 billion in net income (profit) each year or $21.90 on an earnings per share basis.

The company employs 14,280 workers across the globe.

KLA's mailing address is ONE TECHNOLOGY DRIVE, MILPITAS CA, 95035. The official website for the company is www.kla.com. The semiconductor company can be reached via phone at (408) 875-3000, via email at ir@kla-tencor.com, or via fax at 408-875-4144.