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 $174.61 -2.12 (-1.20 %) (As of 05/28/2020 04:00 PM ET) Add Compare Share Today's Range$173.40Now: $174.61▼$180.2250-Day Range$147.27MA: $163.21▼$177.9252-Week Range$101.34Now: $174.61▼$184.50Volume1.27 million shsAverage Volume1.67 million shsMarket Capitalization$27.07 billionP/E Ratio27.24Dividend Yield1.92%Beta1.34 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 2.58, and is based on 12 buy ratings, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $180.82, KLA has a potential upside of 3.6% from its current price of $174.61.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 680 “outperform” votes. (Add your “outperform” vote.)Underperform VotesKLA has received 684 “underperform” votes. (Add your “underperform” vote.)Community SentimentKLA has received 50.15% “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 5.0 Dividend Strength Dividend LeadershipKLA is a leading dividend payer. It pays a dividend yield of 1.92%, putting its dividend yield in the top 25% of dividend-paying stocks.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 35.31 % 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 $7,721,687.00 in company stock.Percentage Held by InsidersOnly 0.19% of the stock of KLA is held by insiders.Percentage Held by Institutions89.21% 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 -2.33% in the coming year, from $9.86 to $9.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of KLA is 27.24, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.85.Price to Earnings Ratio vs. SectorThe P/E ratio of KLA is 27.24, 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 40.83.Price to Earnings Growth RatioKLA has a PEG Ratio of 1.49. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioKLA has a P/B Ratio of 11.64. 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: 5.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.28 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 Ratio27.24 Forward P/E Ratio17.71 P/E Growth1.49 Sales & Book Value Annual Sales$4.57 billion Price / Sales5.93 Cash Flow$9.69 per share Price / Cash Flow18.02 Book Value$15.00 per share Price / Book11.64Profitability 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$27.07 billion Next Earnings Date8/3/2020 (Estimated) OptionableOptionable NASDAQ:KLAC Rates by TradingView 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, KLAC stock has increased by 20.5% and is now trading at $174.61. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of KLA? 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. When is KLA's next earnings date? KLA is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for KLA. How were KLA's earnings last quarter? KLA Corporation (NASDAQ:KLAC) posted its quarterly earnings data on Tuesday, May, 5th. The semiconductor company reported $2.47 earnings per share for the quarter, topping 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%. KLA's revenue for the quarter was up 29.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.80 earnings per share. View KLA's earnings history. How often does KLA pay dividends? What is the dividend yield for KLA? KLA declared 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 1.95%. The ex-dividend date of this dividend is Friday, May 15th. View KLA's dividend history. What price target have analysts set for KLAC? 19 brokerages have issued 12 month target prices for KLA's stock. Their forecasts range from $130.00 to $215.00. On average, they anticipate KLA's stock price to reach $180.82 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price. View analysts' price targets for KLA. Has KLA been receiving favorable news coverage? News articles about KLAC stock have been trending somewhat negative on Friday, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. KLA earned a news impact score of -1.0 on InfoTrie's scale. They also gave media coverage about the semiconductor company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the immediate future. View the latest news aboutKLA. Are investors shorting KLA? 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 currently 1.7 days. Approximately 2.0% of the company's stock are sold short. 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), Axcelis Technologies (ACLS), Photronics (PLAB), Ultra Clean (UCTT) and Xperi (XPER). 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 many different institutional and retail 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. Which institutional investors are selling KLA stock? 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. Which institutional investors are buying KLA stock? 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. 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 $174.61. How big of a company is KLA? KLA has a market capitalization of $27.07 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 5/29/2020 by MarketBeat.com Staff
