NASDAQ:KLACKLA Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding KLA Corporation Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $204.90 -2.75 (-1.32 %) (As of 08/4/2020 04:00 PM ET) Add Compare Share Today's Range$200.15Now: $204.90▼$205.1750-Day Range$184.69MA: $196.37▼$207.6552-Week Range$110.19Now: $204.90▼$209.30Volume1.73 million shsAverage Volume1.55 million shsMarket Capitalization$31.77 billionP/E Ratio31.97Dividend Yield1.64%Beta1.32 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media KLA Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide. The company offers chip and wafer manufacturing products, including defect inspection and review systems, metrology solutions, in situ process monitoring products, computational lithography software, and data analytics systems for chip manufacturers to manage yield throughout the semiconductor fabrication process. It also provides reticle manufacturing products, such as reticle inspection, metrology, and data analytics systems for mask shops; and packaging manufacturing products comprising standalone and cluster inspection and metrology systems for various applications in the field of semiconductor packaging. In addition, the company offers compound semiconductor, power device, light emitting diode, and microelectromechanical system manufacturing products for the display market; data storage media/head manufacturing products; general purpose/lab applications; and previous-generation KLA systems. Further, it provides wafer processing solutions; printed circuit boards, and display and inspection components; products for the deposition of thin film coating of materials on crystalline silicon photovoltaic wafers; and other services. The company offers its products and services for use by various bare wafer, integrated circuit, reticle, and hard disk drive manufacturers. The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was founded in 1975 and is headquartered in Milpitas, California.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingKLA has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 10 buy ratings, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $209.13, KLA has a potential upside of 2.1% from its current price of $204.90.Amount of Analyst CoverageKLA has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.5 Community Rank Outperform VotesKLA has received 686 “outperform” votes. (Add your “outperform” vote.)Underperform VotesKLA has received 695 “underperform” votes. (Add your “underperform” vote.)Community SentimentKLA has received 50.33% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about KLA and other stocks. Vote “Outperform” if you believe KLAC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KLAC will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 4.2 Dividend Strength Dividend YieldKLA pays a meaningful dividend of 1.64%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthKLA has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of KLA is 40.19%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, KLA will have a dividend payout ratio of 34.66% next year. This indicates that KLA will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, KLA insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,766,193.00 in company stock.Percentage Held by InsidersOnly 0.19% of the stock of KLA is held by insiders.Percentage Held by Institutions88.94% of the stock of KLA is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for KLA are expected to decrease by -1.60% in the coming year, from $9.97 to $9.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of KLA is 31.97, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.45.Price to Earnings Ratio vs. SectorThe P/E ratio of KLA is 31.97, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 43.92.Price to Earnings Growth RatioKLA has a PEG Ratio of 1.69. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioKLA has a P/B Ratio of 12.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.5Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.11 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Optical instruments & lenses Sub-IndustrySemiconductor Equipment SectorComputer and Technology Current SymbolNASDAQ:KLAC Previous Symbol CUSIP48248010 CIK319201 Webwww.kla.com Phone408-875-3000Debt Debt-to-Equity Ratio1.48 Current Ratio2.61 Quick Ratio1.85Price-To-Earnings Trailing P/E Ratio31.97 Forward P/E Ratio20.55 P/E Growth1.69 Sales & Book Value Annual Sales$4.57 billion Price / Sales6.95 Cash Flow$10.05 per share Price / Cash Flow20.39 Book Value$16.81 per share Price / Book12.19Profitability EPS (Most Recent Fiscal Year)$8.46 Net Income$1.18 billion Net Margins18.26% Return on Equity57.76% Return on Assets16.49%Miscellaneous Employees10,020 Outstanding Shares155,049,000Market Cap$31.77 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $204.90 -2.75 (-1.32 %) (As of 08/4/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive KLAC News and Ratings via Email Sign-up to receive the latest news and ratings for KLAC and its competitors with MarketBeat's FREE daily newsletter. KLA (NASDAQ:KLAC) Frequently Asked Questions How has KLA's stock been impacted by COVID-19 (Coronavirus)? KLA's stock was trading at $144.92 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, KLAC stock has increased by 41.4% and is now trading at $204.90. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of KLA? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KLA in the last year. There are currently 8 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for KLA. When is KLA's next earnings date? KLA is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for KLA. How were KLA's earnings last quarter? KLA Corporation (NASDAQ:KLAC) released its quarterly earnings results on Monday, August, 3rd. The semiconductor company reported $2.73 EPS for the quarter, topping the Zacks' consensus estimate of $2.35 by $0.38. The semiconductor company earned $1.46 billion during the quarter, compared to the consensus estimate of $1.42 billion. KLA had a return on equity of 57.76% and a net margin of 18.26%. The firm's quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.78 earnings per share. View KLA's earnings history. How often does KLA pay dividends? What is the dividend yield for KLA? KLA announced 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 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date is Friday, May 15th. View KLA's dividend history. What guidance has KLA issued on next quarter's earnings? KLA updated its first quarter earnings guidance on Monday, August, 3rd. The company provided earnings per share (EPS) guidance of $2.42-3.06 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.37. The company issued revenue guidance of $1.405-1.555 billion, compared to the consensus revenue estimate of $1.40 billion. What price target have analysts set for KLAC? 18 analysts have issued 1-year target prices for KLA's stock. Their forecasts range from $158.00 to $250.00. On average, they expect KLA's stock price to reach $209.13 in the next twelve months. This suggests a possible upside of 2.1% from the stock's current price. View analysts' price targets for KLA. Has KLA been receiving favorable news coverage? News stories about KLAC stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media 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 -5 to 5, with scores nearest to five being the most favorable. KLA earned a news impact score of 0.8 on InfoTrie's scale. They also gave news stories about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news about KLA. Are investors shorting KLA? KLA saw a drop in short interest in June. As of June 30th, there was short interest totaling 3,500,000 shares, a drop of 5.1% from the June 15th total of 3,690,000 shares. Based on an average trading volume of 1,500,000 shares, the short-interest ratio is presently 2.3 days. Approximately 2.3% of the company's stock are short sold. View KLA's Current Options Chain. Who are some of KLA's key competitors? 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 PDF Solutions (PDFS). View all competitors. What other stocks do shareholders of KLA own? 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). Who are KLA's key executives? KLA's management team includes the following people: Mr. Richard P. Wallace, Pres, CEO & Exec. Director (Age 59)Mr. Bren D. Higgins, Exec. VP & CFO (Age 49)Mr. Brian M. Trafas, Exec. VP of Global Customer Organization (Age 56)Mr. Ahmad A. Khan, Pres of Semiconductor Process Control (Age 45)Mr. Amichai Steimberg, Chief Exec. Officer of Orbotech Ltd. (Age 57) What is KLA's stock symbol? KLA trades on the NASDAQ under the ticker symbol "KLAC." Who are KLA's major shareholders? KLA's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include PGGM Investments (0.11%), Scout Investments Inc. (0.09%), Kornitzer Capital Management Inc. KS (0.06%), Meritage Portfolio Management (0.04%), Fort Washington Investment Advisors Inc. OH (0.03%) and Comerica Bank (0.03%). 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. Which institutional investors are selling KLA stock? KLAC stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., BNP PARIBAS ASSET MANAGEMENT Holding S.A., Hussman Strategic Advisors Inc., Exchange Capital Management Inc., World Asset Management Inc, Huntington National Bank, Grimes & Company Inc., and Boltwood Capital Management. 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. Which institutional investors are buying KLA stock? KLAC stock was acquired by a variety of institutional investors in the last quarter, including Kornitzer Capital Management Inc. KS, PGGM Investments, Meritage Portfolio Management, SG Americas Securities LLC, Eastern Bank, Blackhawk Capital Partners LLC., Bank of Stockton, and Cresset Asset Management LLC. View insider buying and selling activity for KLA. How do I buy shares of 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. What is KLA's stock price today? One share of KLAC stock can currently be purchased for approximately $204.90. How big of a company is KLA? KLA has a market capitalization of $31.77 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. What is KLA's official website? The official website for KLA is www.kla.com. How can I contact KLA? 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] This page was last updated on 8/4/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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