Should I buy or sell KLA stock right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KLA in the last year. There are currently 1 sell rating, 7 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KLAC shares. View KLAC analyst ratings or view top-rated stocks .

What is KLA's stock price target for 2024?

18 Wall Street analysts have issued 12 month price objectives for KLA's shares. Their KLAC share price targets range from $500.00 to $850.00. On average, they predict the company's share price to reach $671.84 in the next year. This suggests that the stock has a possible downside of 1.0%. View analysts price targets for KLAC or view top-rated stocks among Wall Street analysts .

How have KLAC shares performed in 2024?

KLA's stock was trading at $581.30 on January 1st, 2024. Since then, KLAC stock has increased by 16.7% and is now trading at $678.49. View the best growth stocks for 2024 here .

When is KLA's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our KLAC earnings forecast .

How can I listen to KLA's earnings call?

KLA will be holding an earnings conference call on Thursday, April 25th at 6:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were KLA's earnings last quarter?

KLA Co. (NASDAQ:KLAC) posted its quarterly earnings data on Thursday, January, 25th. The semiconductor company reported $6.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.91 by $0.25. The semiconductor company had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.46 billion. KLA had a net margin of 27.98% and a trailing twelve-month return on equity of 107.56%. The business's quarterly revenue was down 16.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $7.38 earnings per share. Read the conference call transcript .

How often does KLA pay dividends? What is the dividend yield for KLA?

KLA announced a quarterly dividend on Wednesday, February 7th. Shareholders of record on Monday, February 19th will be paid a dividend of $1.45 per share on Friday, March 1st. This represents a $5.80 annualized dividend and a dividend yield of 0.85%. The ex-dividend date is Thursday, February 15th. Read our dividend analysis for KLAC .

Is KLA a good dividend stock?

KLA (NASDAQ:KLAC) pays an annual dividend of $5.80 per share and currently has a dividend yield of 0.85%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 29.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KLAC will have a dividend payout ratio of 21.13% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for KLAC .

What ETFs hold KLA's stock?

ETFs with the largest weight of KLA (NASDAQ:KLAC) stock in their portfolio include Logan Capital Broad Innovative Growth ETF (LCLG) , Invesco Semiconductors ETF (PSI) , ProShares Nanotechnology ETF (TINY) , First Trust Nasdaq Semiconductor ETF (FTXL) , Columbia Seligman Semiconductor and Technology ETF (SEMI) , Invesco Dorsey Wright Technology Momentum ETF (PTF) , iShares Semiconductor ETF (SOXX) and Invesco PHLX Semiconductor ETF (SOXQ) .

How will KLA's stock buyback program work?

KLA announced that its board has authorized a share repurchase plan on Tuesday, September 5th 2023, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 2.9% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board believes its stock is undervalued.

What guidance has KLA issued on next quarter's earnings?

KLA issued an update on its third quarter earnings guidance on Monday, March, 18th. The company provided EPS guidance of $4.23-5.43 for the period, compared to the consensus estimate of $5.29. The company issued revenue guidance of $2.175-2.425 billion, compared to the consensus revenue estimate of $2.32 billion.

What is Rick Wallace's approval rating as KLA's CEO?

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.

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) , 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) .

Who are KLA's major shareholders?

KLA's stock is owned by a variety of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.08%), Guinness Asset Management LTD (0.05%), Factory Mutual Insurance Co. (0.04%), Fulton Bank N.A. (0.01%), West Coast Financial LLC (0.01%) and Eagle Rock Investment Company LLC (0.01%). Insiders that own company stock include Ahmad A Khan , Bren D Higgins , Brian Lorig , Gary B Moore , Jeneanne Michelle Hanley , Mary Beth Wilkinson , Oreste Donzella , Richard P Wallace , Virendra A Kirloskar and Virendra A Kirloskar . View institutional ownership trends .

How do I buy shares of KLA?

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

Does KLA have any subsidiaries?

The following companies are subsidiares of KLA: ADE Corporation, Acme Systems, Ambios Technology, Belize Holdings LLC, CAPRES, Candela Instruments, Capres A/S, Dino Acquisition Technology L.L.C., FINLE Technologies, Fab Solutions, FabSolve, Filmetric Europe Gmbh, Filmetrics, Filmetrics Inc., Filmetrics Korea Ltd, Frontline P.C.B. Solutions (1998) Ltd., ICOS Vision Systems, ICOS Vision Systems (Shenzhen) Co. Ltd., ICOS Vision Systems Corporation BVBA, ICOS Vision Systems Ltd., ICOS Vision Systems NV, International Sales & Business Inc., Jiangsu Xinshun Microelectronics, KLA Aleris Holding LLC, KLA Singapore Holding Company III Pte. Ltd., KLA-Tencor (Malaysia) Sdn Bhd, KLA-Tencor (Singapore) Pte. Ltd., KLA-Tencor (Thailand) Limited, KLA-Tencor Asia-Pac Distribution Corporation, KLA-Tencor China Corporation, KLA-Tencor Corporation (1992) Ltd., KLA-Tencor Corporation (Cayman) Limited I, KLA-Tencor Corporation (Cayman) Limited III, KLA-Tencor Corporation (Cayman) Limited IV, KLA-Tencor Corporation (Israel), KLA-Tencor Corporation Holding (1987) Ltd., KLA-Tencor France SARL, KLA-Tencor GmbH, KLA-Tencor Integrated Metrology (Israel) (2002) Ltd., KLA-Tencor International Corporation, KLA-Tencor International Trading (Shanghai) Co. Ltd., KLA-Tencor Ireland Ltd., KLA-Tencor Italy S.R.L., KLA-Tencor Japan Ltd., KLA-Tencor Korea, KLA-Tencor Limited, KLA-Tencor MIE GmbH, KLA-Tencor MIE Holdings GmbH & Co. KG, KLA-Tencor MIE Holdings S.à r.l., KLA-Tencor MIE Holdings Verwaltungs GmbH, KLA-Tencor Semiconductor Equipment Technology (Shanghai) Co. Ltd., KLA-Tencor Singapore Holding Co. Pte II Ltd., KLA-Tencor Singapore Holding Co. Pte. Ltd., KLA-Tencor Software India Private Limited, KT Recreation Association LLC, KT Venture Group II L.L.C., KT Venture Group L.L.C., KT Venture Mgmt. LLC, Keystone Merger Sub Inc., Lakers Holding Company APS, Laser Imaging Systems GmbH, Lee Ta Technologies (BVI) Inc., Luminescent Technologies, MicroSense, Microsense LLC, Nanomechanics Inc., New System SRL, OnWafer Technologies, Optical Metrology Patents Limited, Orbograph Ltd., Orbot Europe S.A, Orbotech, Orbotech Asia Ltd, Orbotech B.V., Orbotech Caribbean Ltd., Orbotech Deutschland GmbH, Orbotech Electronics (Shenzhen) Co. Ltd, Orbotech Electronics (Suzhou) Co Ltd, Orbotech Holding GmbH, Orbotech Inc., Orbotech Japan Ltd, Orbotech Korea Ltd, Orbotech LT Solar LLC, Orbotech Logistics Ltd, Orbotech Ltd, Orbotech Pacific Ltd., Orbotech S.A., Orbotech Singapore Corporation Pte Ltd, Orbotech Technology Ventures LP, Orbotech Technology Ventures Ltd., Orbotech Trading (Shanghai) Co. Ltd, Photon Dynamics Inc., Photon Dynamics Solar Corporation, Primaxx Inc., QC Optics, Qoniac, Qoniac GmbH, Qoniac Japan Ltd., Qoniac Korea Ltd., Qoniac Taiwan Ltd., SPTS Technologies (Shanghai) Co. Ltd., SPTS Technologies ET Ltd, SPTS Technologies GmbH, SPTS Technologies Inc., SPTS Technologies Limited, SPTS Technologies Ltd, SPTS Technologies Overseas Holdings Ltd., SPTS Technologies Pte Ltd., SPTS Technologies SAS, SPTS Technologies UK Limited, SensArray Corp, Therma-Wave, VLSI Standards Inc., Vistec Semiconductor Systems - MIE, Whiskey Holding Sub LLC, Zeta Instruments, and Zeta Instruments Inc.. Read More

Most-Upgraded StocksMost-Upgraded

NASDAQ:KLAC

KLA (KLAC) Stock Price, News & Analysis

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Free KLAC Stock Alerts

$678.49

-2.29 (-0.34%)

(As of 04/15/2024 ET)

Compare

Today's Range: $672.53
▼
$698.70
50-Day Range: $601.62
▼
$723.26
52-Week Range: $355.88
▼
$729.15

Volume: 885,608 shs
Average Volume: 959,092 shs
Market Capitalization: $91.75 billion

P/E Ratio: 34.46
Dividend Yield: 0.85%
Price Target: $671.84

Get KLA alerts:

KLA MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 1.0% Downside
$671.84 Price Target
Short Interest: Healthy
1.47% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.58
Upright™ Environmental Score
News Sentiment: 1.04
Based on 15 Articles This Week
Insider Trading: Selling Shares
$7.22 M Sold Last Quarter
Proj. Earnings Growth: 21.19%
From $22.65 to $27.45 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.80 out of 5 stars

Computer And Technology Sector

32nd out of 594 stocks

Optical Instruments & Lenses Industry

1st out of 4 stocks

2.3

Analyst's Opinion

Consensus Rating
KLA has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 10 buy ratings, 7 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
KLA has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
1.47% of the float of KLA has been sold short.
Short Interest Ratio / Days to Cover
KLA has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in KLA has recently decreased by 1.00%, indicating that investor sentiment is improving.

3.3

Dividend Strength

Dividend Yield
KLA has a dividend yield of 0.85%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
KLA has been increasing its dividend for 14 years.
Dividend Coverage
The dividend payout ratio of KLA is 29.46%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, KLA will have a dividend payout ratio of 21.13% next year. This indicates that KLA will be able to sustain or increase its dividend.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
KLA has received a 25.48% net impact score from Upright. KLA seems to create the most significant positive value in categories "Taxes", "Creating knowledge", and "Jobs". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "Component testing services for the semiconductor industry", "Data analytics services for the semiconductor industry", and "Engineering simulation services" products. See details.
Environmental Sustainability
The Environmental Impact score for KLA is -1.58.

2.8

News and Social Media Coverage

News Sentiment
KLA has a news sentiment score of 1.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 15 news articles for KLA this week, compared to 11 articles on an average week.
Search Interest
Only 8 people have searched for KLAC on MarketBeat in the last 30 days. This is a decrease of -68% compared to the previous 30 days.
MarketBeat Follows
Only 10 people have added KLA to their MarketBeat watchlist in the last 30 days. This is a decrease of -52% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In 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 $7,220,868.00 in company stock.
Percentage Held by Insiders
Only 0.12% of the stock of KLA is held by insiders.
Percentage Held by Institutions
86.65% of the stock of KLA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for KLA are expected to grow by 21.19% in the coming year, from $22.65 to $27.45 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of KLA is 34.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.20.
Price to Earnings Ratio vs. Sector
The P/E ratio of KLA is 34.46, 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 263.76.
Price to Earnings Growth Ratio
KLA has a PEG Ratio of 3.32. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
KLA has a P/B Ratio of 31.76. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About KLA Stock (NASDAQ:KLAC)

KLA Corporation designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB, Display and Component Inspection. The company offers inspection and review tools to identify, locate, characterize, review, and analyze defects on various surfaces of patterned and unpatterned wafers; metrology systems that are used to measure pattern dimensions, film thickness, film stress, layer-to-layer alignment, pattern placement, surface topography, and electro-optical properties for wafers; Wafer defect inspection, review, and metrology systems; reticle inspection and metrology systems; chemical process control equipment; wired and wireless sensor wafers and reticles; and semiconductor software solutions that provide run-time process control, defect excursion identification, process corrections, and defect classification to accelerate yield learning rates and reduce production risk. It also provides etch, plasma dicing, deposition, and other wafer processing technologies and solutions for the semiconductor and microelectronics industry. In addition, the company offers direct imaging, inspection, optical shaping, inkjet and additive printing, UV laser drilling and computer-aided manufacturing and engineering solutions for the PCB market; inspection and electrical testing systems to identify and classify defects, as well as systems to repair defects for the display market; and inspection and metrology systems for quality control and yield improvement in advanced and traditional semiconductor packaging markets. The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was incorporated in 1975 and is headquartered in Milpitas, California.

KLAC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

KLAC Stock News Headlines

March 29, 2024 | insidertrades.com

KLA Co. (NASDAQ:KLAC) CFO Bren D. Higgins Sells 7,018 Shares

March 28, 2024 | insidertrades.com

Oreste Donzella Sells 3,257 Shares of KLA Co. (NASDAQ:KLAC) Stock

April 15, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

April 15, 2024 | benzinga.com

$1000 Invested In KLA 20 Years Ago Would Be Worth This Much Today

April 13, 2024 | americanbankingnews.com

Deutsche Bank Aktiengesellschaft Initiates Coverage on KLA (NASDAQ:KLAC)

April 12, 2024 | theglobeandmail.com

Stocks Fall on Heightened Geopolitical Risks in the Middle East

April 11, 2024 | seekingalpha.com

KLA Corporation's Premium Multiple Is Deserved, Technically Strong Into Earnings

April 9, 2024 | americanbankingnews.com

KLA (NASDAQ:KLAC) Price Target Increased to $800.00 by Analysts at Cantor Fitzgerald

April 15, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

April 9, 2024 | nasdaq.com

Guru Fundamental Report for KLAC

April 4, 2024 | prnewswire.com

KLA Announces Third Quarter Fiscal Year 2024 Earnings Date

April 3, 2024 | seekingalpha.com

Coherent Is Priced To Perfection But Still Has Upside Potential

April 1, 2024 | benzinga.com

KLA Unusual Options Activity For April 01

March 29, 2024 | finance.yahoo.com

EVP & CFO Bren Higgins Sells 7,018 Shares of KLA Corp (KLAC)

March 28, 2024 | finance.yahoo.com

Executive Vice President Oreste Donzella Sells Shares of KLA Corp (KLAC)

March 25, 2024 | markets.businessinsider.com

A Closer Look at 21 Analyst Recommendations For KLA

March 20, 2024 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Technology Stocks: Scout24 (GB:0RB8) and KLA (KLAC)

March 20, 2024 | markets.businessinsider.com

KLA’s Strategic Exit from FPD Business: Balancing Short-Term Challenges with Long-Term Gross Margin Improvements

March 20, 2024 | markets.businessinsider.com

KLA: Hold Rating Justified Amid Display Sector Exit and Financial Realignments

March 19, 2024 | msn.com

KLA to scrap flat panel display business by year-end

March 16, 2024 | finance.yahoo.com

KLAC Mar 2024 800.000 call

March 16, 2024 | finance.yahoo.com

KLAC Mar 2024 610.000 put

March 16, 2024 | finance.yahoo.com

KLAC Mar 2024 730.000 call

March 15, 2024 | finance.yahoo.com

KLAC Mar 2024 702.500 call

March 15, 2024 | ca.finance.yahoo.com

KLAC Jan 2026 660.000 call

March 15, 2024 | ca.finance.yahoo.com

KLAC May 2024 980.000 call

March 15, 2024 | ca.finance.yahoo.com

KLAC Sep 2024 680.000 put

See More Headlines

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Company Calendar

Last Earnings: 1/25/2024
Ex-Dividend for 3/1 Dividend: 2/15/2024
Dividend Payable: 3/01/2024
Today: 4/15/2024
Next Earnings (Confirmed): 4/25/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Optical instruments & lenses
Sub-Industry: Semiconductor Equipment
Current Symbol: NASDAQ:KLAC
CUSIP: 48248010
CIK: 319201
Web: www.kla.com
Phone: (408) 875-3000
Fax: 408-875-4144
Employees: 15,210
Year Founded: 1976

Price Target and Rating

Average Stock Price Target: $671.84
High Stock Price Target: $850.00
Low Stock Price Target: $500.00
Potential Upside/Downside: -0.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 18 Analysts

Profitability

EPS (Most Recent Fiscal Year): $19.69
Trailing P/E Ratio: 34.36
Forward P/E Ratio: 29.87
P/E Growth: 3.32
Net Income: $3.39 billion
Net Margins: 27.98%
Pretax Margin: 32.25%
Return on Equity: 107.56%
Return on Assets: 22.28%

Debt

Debt-to-Equity Ratio: 1.69
Current Ratio: 1.91
Quick Ratio: 1.25

Sales & Book Value

Annual Sales: $10.50 billion
Price / Sales: 8.72
Cash Flow: $28.87 per share
Price / Cash Flow: 23.43
Book Value: $21.36 per share
Price / Book: 31.67

Miscellaneous

Outstanding Shares: 135,230,000
Free Float: 135,072,000
Market Cap: $91.48 billion
Optionable: Optionable
Beta: 1.34

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Key Executives

Mr. Richard P. Wallace (Age 64)
President, CEO & Executive Director
Comp: $3.15M
Mr. Bren D. Higgins (Age 54)
Executive VP & CFO
Comp: $1.55M
Mr. Ahmad A. Khan (Age 50)
President of Semiconductor Process Control
Comp: $1.6M
Mr. Brian W. Lorig (Age 50)
Executive Vice President of Global Support & Services
Comp: $1.01M
Mr. Oreste Donzella (Age 58)
Executive Vice President of Electronics, Packaging & Components
Comp: $1.88M
Mr. Virendra A. Kirloskar (Age 61)
Senior VP & Chief Accounting Officer
Comp: $455.18k
Dr. Ben Bin-Ming Tsai (Age 65)
CTO & Executive VP of Corporate Alliances
Comp: $998.02k
Mr. Kevin M. Kessel C.F.A.
Vice President of Investor Relations
Ms. Mary Beth Wilkinson (Age 51)
Executive VP, Chief Legal Officer & Corporate Secretary
Comp: $1.38M
Ms. Randi Polanich
Senior VP & Chief Communications Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy KLA Stock? KLAC Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in KLA Co.:

KLA Co. has a strong track record of financial performance, with a return on equity of 107.56% and a net margin of 27.98% in the latest reported quarter.
The company recently announced a quarterly dividend, indicating a commitment to returning value to shareholders.
KLA Co. operates in the semiconductor industry, which is known for its growth potential and technological advancements.
The stock price of KLA Co. has shown a positive trend, reaching a 52-week high of $729.15, reflecting investor confidence.
The company offers a range of innovative solutions for the semiconductor and related electronics industries, positioning it well for future growth.

Cons

Investors should be bearish about investing in KLA Co. for these reasons:

The semiconductor industry is highly competitive and subject to rapid technological changes, which could impact KLA Co.'s market position.
Market volatility and economic uncertainties can affect the stock price of KLA Co., leading to potential fluctuations in investment returns.
While the company has a strong financial performance, high debt-to-equity ratio of 1.69 may pose risks in case of economic downturns or industry challenges.
Investing in individual stocks like KLA Co. carries inherent risks compared to diversified investment options like index funds or ETFs.
External factors such as regulatory changes or geopolitical events can influence the semiconductor industry and subsequently impact KLA Co.'s business operations.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these KLA pros and cons to contact@marketbeat.com.

KLAC Stock Analysis - Frequently Asked Questions

Should I buy or sell KLA stock right now?: 18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KLA in the last year. There are currently 1 sell rating, 7 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KLAC shares.
View KLAC analyst ratings or view top-rated stocks.
What is KLA's stock price target for 2024?: 18 Wall Street analysts have issued 12 month price objectives for KLA's shares. Their KLAC share price targets range from $500.00 to $850.00. On average, they predict the company's share price to reach $671.84 in the next year. This suggests that the stock has a possible downside of 1.0%.
View analysts price targets for KLAC or view top-rated stocks among Wall Street analysts.
How have KLAC shares performed in 2024?: KLA's stock was trading at $581.30 on January 1st, 2024. Since then, KLAC stock has increased by 16.7% and is now trading at $678.49.
View the best growth stocks for 2024 here.
When is KLA's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our KLAC earnings forecast.
How can I listen to KLA's earnings call?: KLA will be holding an earnings conference call on Thursday, April 25th at 6:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were KLA's earnings last quarter?: KLA Co. (NASDAQ:KLAC) posted its quarterly earnings data on Thursday, January, 25th. The semiconductor company reported $6.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.91 by $0.25. The semiconductor company had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.46 billion. KLA had a net margin of 27.98% and a trailing twelve-month return on equity of 107.56%. The business's quarterly revenue was down 16.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $7.38 earnings per share.
Read the conference call transcript.
How often does KLA pay dividends? What is the dividend yield for KLA?: KLA announced a quarterly dividend on Wednesday, February 7th. Shareholders of record on Monday, February 19th will be paid a dividend of $1.45 per share on Friday, March 1st. This represents a $5.80 annualized dividend and a dividend yield of 0.85%. The ex-dividend date is Thursday, February 15th.
Read our dividend analysis for KLAC.
Is KLA a good dividend stock?: KLA (NASDAQ:KLAC) pays an annual dividend of $5.80 per share and currently has a dividend yield of 0.85%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 29.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KLAC will have a dividend payout ratio of 21.13% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KLAC.

What ETFs hold KLA's stock?: ETFs with the largest weight of KLA (NASDAQ:KLAC) stock in their portfolio include Logan Capital Broad Innovative Growth ETF (LCLG), Invesco Semiconductors ETF (PSI), ProShares Nanotechnology ETF (TINY), First Trust Nasdaq Semiconductor ETF (FTXL), Columbia Seligman Semiconductor and Technology ETF (SEMI), Invesco Dorsey Wright Technology Momentum ETF (PTF), iShares Semiconductor ETF (SOXX) and Invesco PHLX Semiconductor ETF (SOXQ).
How will KLA's stock buyback program work?: KLA announced that its board has authorized a share repurchase plan on Tuesday, September 5th 2023, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 2.9% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board believes its stock is undervalued.
What guidance has KLA issued on next quarter's earnings?: KLA issued an update on its third quarter earnings guidance on Monday, March, 18th. The company provided EPS guidance of $4.23-5.43 for the period, compared to the consensus estimate of $5.29. The company issued revenue guidance of $2.175-2.425 billion, compared to the consensus revenue estimate of $2.32 billion.
What is Rick Wallace's approval rating as KLA's CEO?: 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.
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), 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).
Who are KLA's major shareholders?: KLA's stock is owned by a variety of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.08%), Guinness Asset Management LTD (0.05%), Factory Mutual Insurance Co. (0.04%), Fulton Bank N.A. (0.01%), West Coast Financial LLC (0.01%) and Eagle Rock Investment Company LLC (0.01%). Insiders that own company stock include Ahmad A Khan, Bren D Higgins, Brian Lorig, Gary B Moore, Jeneanne Michelle Hanley, Mary Beth Wilkinson, Oreste Donzella, Richard P Wallace, Virendra A Kirloskar and Virendra A Kirloskar.
View institutional ownership trends.
How do I buy shares of KLA?: Shares of KLAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does KLA have any subsidiaries?: The following companies are subsidiares of KLA: ADE Corporation, Acme Systems, Ambios Technology, Belize Holdings LLC, CAPRES, Candela Instruments, Capres A/S, Dino Acquisition Technology L.L.C., FINLE Technologies, Fab Solutions, FabSolve, Filmetric Europe Gmbh, Filmetrics, Filmetrics Inc., Filmetrics Korea Ltd, Frontline P.C.B. Solutions (1998) Ltd., ICOS Vision Systems, ICOS Vision Systems (Shenzhen) Co. Ltd., ICOS Vision Systems Corporation BVBA, ICOS Vision Systems Ltd., ICOS Vision Systems NV, International Sales & Business Inc., Jiangsu Xinshun Microelectronics, KLA Aleris Holding LLC, KLA Singapore Holding Company III Pte. Ltd., KLA-Tencor (Malaysia) Sdn Bhd, KLA-Tencor (Singapore) Pte. Ltd., KLA-Tencor (Thailand) Limited, KLA-Tencor Asia-Pac Distribution Corporation, KLA-Tencor China Corporation, KLA-Tencor Corporation (1992) Ltd., KLA-Tencor Corporation (Cayman) Limited I, KLA-Tencor Corporation (Cayman) Limited III, KLA-Tencor Corporation (Cayman) Limited IV, KLA-Tencor Corporation (Israel), KLA-Tencor Corporation Holding (1987) Ltd., KLA-Tencor France SARL, KLA-Tencor GmbH, KLA-Tencor Integrated Metrology (Israel) (2002) Ltd., KLA-Tencor International Corporation, KLA-Tencor International Trading (Shanghai) Co. Ltd., KLA-Tencor Ireland Ltd., KLA-Tencor Italy S.R.L., KLA-Tencor Japan Ltd., KLA-Tencor Korea, KLA-Tencor Limited, KLA-Tencor MIE GmbH, KLA-Tencor MIE Holdings GmbH & Co. KG, KLA-Tencor MIE Holdings S.à r.l., KLA-Tencor MIE Holdings Verwaltungs GmbH, KLA-Tencor Semiconductor Equipment Technology (Shanghai) Co. Ltd., KLA-Tencor Singapore Holding Co. Pte II Ltd., KLA-Tencor Singapore Holding Co. Pte. Ltd., KLA-Tencor Software India Private Limited, KT Recreation Association LLC, KT Venture Group II L.L.C., KT Venture Group L.L.C., KT Venture Mgmt. LLC, Keystone Merger Sub Inc., Lakers Holding Company APS, Laser Imaging Systems GmbH, Lee Ta Technologies (BVI) Inc., Luminescent Technologies, MicroSense, Microsense LLC, Nanomechanics Inc., New System SRL, OnWafer Technologies, Optical Metrology Patents Limited, Orbograph Ltd., Orbot Europe S.A, Orbotech, Orbotech Asia Ltd, Orbotech B.V., Orbotech Caribbean Ltd., Orbotech Deutschland GmbH, Orbotech Electronics (Shenzhen) Co. Ltd, Orbotech Electronics (Suzhou) Co Ltd, Orbotech Holding GmbH, Orbotech Inc., Orbotech Japan Ltd, Orbotech Korea Ltd, Orbotech LT Solar LLC, Orbotech Logistics Ltd, Orbotech Ltd, Orbotech Pacific Ltd., Orbotech S.A., Orbotech Singapore Corporation Pte Ltd, Orbotech Technology Ventures LP, Orbotech Technology Ventures Ltd., Orbotech Trading (Shanghai) Co. Ltd, Photon Dynamics Inc., Photon Dynamics Solar Corporation, Primaxx Inc., QC Optics, Qoniac, Qoniac GmbH, Qoniac Japan Ltd., Qoniac Korea Ltd., Qoniac Taiwan Ltd., SPTS Technologies (Shanghai) Co. Ltd., SPTS Technologies ET Ltd, SPTS Technologies GmbH, SPTS Technologies Inc., SPTS Technologies Limited, SPTS Technologies Ltd, SPTS Technologies Overseas Holdings Ltd., SPTS Technologies Pte Ltd., SPTS Technologies SAS, SPTS Technologies UK Limited, SensArray Corp, Therma-Wave, VLSI Standards Inc., Vistec Semiconductor Systems - MIE, Whiskey Holding Sub LLC, Zeta Instruments, and Zeta Instruments Inc..
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This page (NASDAQ:KLAC) was last updated on 4/15/2024 by MarketBeat.com Staff

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