NASDAQ:KLACKLA Stock Price, Forecast & News

KLA's stock was trading at $144.92 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, KLAC shares have increased by 22.0% and is now trading at $176.73. 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, 6 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) posted its quarterly earnings data on Tuesday, May, 5th. The semiconductor company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.28 by $0.19. The semiconductor company earned $1.42 billion during the quarter, compared to analysts' expectations of $1.40 billion. KLA had a return on equity of 57.76% and a net margin of 18.26%. The company's revenue for the quarter was up 29.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.80 EPS. View KLA's earnings history.

KLA announced a quarterly dividend on Thursday, May 7th. Investors 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 dividend yield of 1.92%. The ex-dividend date of this dividend is Friday, May 15th. View KLA's dividend history.

19 brokerages have issued 1-year price objectives for KLA's stock. Their forecasts range from $130.00 to $215.00. On average, they expect KLA's share price to reach $180.82 in the next year. This suggests a possible upside of 2.3% from the stock's current price. View analysts' price targets for KLA.

News articles about KLAC stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of 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 -5 to 5, with scores nearest to five being the most favorable. KLA earned a media sentiment score of 1.6 on InfoTrie's scale. They also assigned headlines about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutKLA.

KLA saw a increase in short interest in 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 days-to-cover ratio is presently 1.7 days. Approximately 2.0% of the shares of the stock 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), 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 variety of institutional and retail investors. Top institutional investors 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 Morgan Stanley. 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 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 $176.73.

KLA has a market capitalization of $27.40 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]