Should I buy or sell KLA stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for KLA in the last year. There are currently 1 sell rating, 9 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" KLAC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KLAC, but not buy additional shares or sell existing shares. View KLAC analyst ratings or view top-rated stocks .

What is KLA's stock price target for 2024?

18 equities research analysts have issued 1 year target prices for KLA's stock. Their KLAC share price targets range from $435.00 to $730.00. On average, they expect the company's stock price to reach $607.50 in the next year. This suggests that the stock has a possible downside of 6.5%. 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 11.8% and is now trading at $649.80. 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 Wednesday, April 24th 2024. View our KLAC earnings forecast .

How were KLA's earnings last quarter?

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

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

KLA declared a quarterly dividend on Wednesday, February 7th. Investors of record on Monday, February 19th will be given a dividend of $1.45 per share on Friday, March 1st. This represents a $5.80 dividend on an annualized basis and a yield of 0.89%. 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 0.89%. 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 21.63% 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 ProShares Nanotechnology ETF (TINY) , Strive U.S. Semiconductor ETF (SHOC) , Logan Capital Broad Innovative Growth ETF (LCLG) , First Trust Nasdaq Semiconductor ETF (FTXL) , WBI BullBear Value 3000 ETF (WBIF) , iShares Semiconductor ETF (SOXX) , Invesco PHLX Semiconductor ETF (SOXQ) and Columbia Seligman Semiconductor and Technology ETF (SEMI) .

How will KLA's stock buyback program work?

KLA declared that its Board of Directors has initiated a share repurchase program on Tuesday, September 5th 2023, which allows the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 2.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.

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

KLA issued an update on its third quarter 2024 earnings guidance on Friday, January, 26th. The company provided earnings per share guidance of 4.660-5.860 for the period, compared to the consensus earnings per share estimate of 5.850. The company issued revenue guidance of $2.2 billion-$2.4 billion, compared to the consensus revenue estimate of $2.5 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 many different retail and institutional investors. Top institutional investors include Primecap Management Co. CA (4.36%), Massachusetts Financial Services Co. MA (2.48%), Norges Bank (1.33%), Franklin Resources Inc. (0.66%), Van ECK Associates Corp (0.61%) and Charles Schwab Investment Management Inc. (0.57%). 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

NASDAQ:KLAC

KLA (KLAC) Stock Price, News & Analysis

$649.80

+31.31 (+5.06%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $628.55
▼
$651.26
50-Day Range: $528.61
▼
$649.80
52-Week Range: $355.88
▼
$658.78

Volume: 1.25 million shs
Average Volume: 1.02 million shs
Market Capitalization: $87.87 billion

P/E Ratio: 33.00
Dividend Yield: 0.89%
Price Target: $607.50

Get KLA alerts:

KLA MarketRank™ Stock Analysis

Analyst Rating: Hold
2.39 Rating Score
Upside/Downside: 6.5% Downside
$607.50 Price Target
Short Interest: Healthy
1.46% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.70
Upright™ Environmental Score
News Sentiment: 0.78
Based on 20 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 17.18%
From $22.88 to $26.81 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.

4.87 out of 5 stars

Computer And Technology Sector

21st out of 585 stocks

Optical Instruments & Lenses Industry

1st out of 4 stocks

2.2

Analyst's Opinion

Consensus Rating
KLA has received a consensus rating of Hold. The company's average rating score is 2.39, and is based on 8 buy ratings, 9 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $607.50, KLA has a forecasted downside of 6.5% from its current price of $649.80.
Amount of Analyst Coverage
KLA has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.46% 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 2.1, 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 10.00%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Yield
KLA has a dividend yield of 0.89%, 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 21.63% next year. This indicates that KLA will be able to sustain or increase its dividend.

2.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
KLA has received a 20.92% 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 -1.70.

3.2

News and Social Media Coverage

News Sentiment
KLA has a news sentiment score of 0.78. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 20 news articles for KLA this week, compared to 10 articles on an average week.
Search Interest
43 people have searched for KLAC on MarketBeat in the last 30 days. This is an increase of 187% compared to the previous 30 days.
MarketBeat Follows
20 people have added KLA to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, KLA insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.12% of the stock of KLA is held by insiders.
Percentage Held by Institutions
85.49% 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 17.18% in the coming year, from $22.88 to $26.81 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of KLA is 33.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.08.
Price to Earnings Ratio vs. Sector
The P/E ratio of KLA is 33.00, 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 238.51.
Price to Earnings Growth Ratio
KLA has a PEG Ratio of 3.13. 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 28.87. 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

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

January 26, 2024 | marketbeat.com

8 best meme stocks to buy now (KLAC)

Meme stocks took the investing world by storm in 2021, but is it still beneficial to invest meme stocks now? Learn about the best meme stocks to buy now.

January 26, 2024 | marketbeat.com

ASML reaches inflection point with 100% upside in sight (KLAC)

ASML had a solid quarter but gave cautious guidance. An increase in net bookings suggests a rebound and acceleration that could take the stock price higher.

February 12, 2024 | The Oxford Club (Ad)

Better Than Oil Stocks

The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment.

February 11, 2024 | finance.yahoo.com

KLA Corporation (NASDAQ:KLAC) Looks Interesting, And It's About To Pay A Dividend

February 11, 2024 | americanbankingnews.com

Analysts Set KLA Co. (NASDAQ:KLAC) Price Target at $607.50

February 10, 2024 | ca.finance.yahoo.com

KLAC Mar 2024 790.000 call

February 10, 2024 | ca.finance.yahoo.com

KLAC Sep 2024 800.000 call

February 9, 2024 | msn.com

KLA Announces $1.45 Cash Dividend Per Share

February 12, 2024 | The Oxford Club (Ad)

AI Stock Caught Trading Under Secret Name

We have uncovered perhaps the most unusual AI stock we've ever seen.It's expected to see massive revenue this year - $215 billion. The company holds over 29,000 patents in the U.S. It pays an enormous dividend.

February 8, 2024 | benzinga.com

Here's How Much You Would Have Made Owning KLA Stock In The Last 20 Years

February 8, 2024 | msn.com

KLA declares $1.45 dividend

February 7, 2024 | finance.yahoo.com

KLA Declares Regular Cash Dividend

February 6, 2024 | benzinga.com

KLA's Options Frenzy: What You Need to Know

February 4, 2024 | ca.finance.yahoo.com

KLAC Feb 2024 582.500 call

February 3, 2024 | ca.finance.yahoo.com

KLAC Feb 2024 580.000 call

January 29, 2024 | msn.com

KLA cut to Neutral at Susquehanna

January 29, 2024 | realmoney.thestreet.com

Susquehanna gets more bearish on KLA Corp., downgrades shares

January 28, 2024 | morningstar.com

KLA Corp. Down Over 6%, on Pace for Largest Percent Decrease Since January 2023 — Data Talk

January 28, 2024 | seekingalpha.com

KLA Corporation: Quarterly Earnings, Challenging Market Conditions And Limited Visibility (Rating Downgrade)

January 27, 2024 | markets.businessinsider.com

Buy Rating for KLA Corporation Amid Market Stability and Growth Potential

January 27, 2024 | msn.com

KLA Reports Q2 Results, Joins Visa, Western Digital And Other Big Stocks Moving Lower In Friday's Pre-Market Session

January 27, 2024 | realmoney.thestreet.com

KLA Corp. price target raised by $125 at TD Cowen, here's why

January 27, 2024 | markets.businessinsider.com

Maintained Buy Rating for KLA Corporation: Long-Term Growth Despite Short-Term Challenges

January 27, 2024 | markets.businessinsider.com

Maintaining Buy on KLA: Anticipated Recovery and Strategic Positioning Despite Near-Term Setbacks

January 27, 2024 | msn.com

KLA Corporation Stock Falls from an All-Time High on Weak Guidance

January 27, 2024 | msn.com

Why did KLA stock go down today? Blame a weak forecast and Intel

January 27, 2024 | finance.yahoo.com

Why KLA Corporation (KLAC) Shares Are Plunging Today

See More Headlines

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Company Calendar

Ex-Dividend for 12/1 Dividend: 11/14/2023
Dividend Payable: 12/01/2023
Last Earnings: 1/25/2024
Today: 2/11/2024
Ex-Dividend for 3/1 Dividend: 2/15/2024
Dividend Payable: 3/01/2024
Next Earnings (Estimated): 4/24/2024
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: $607.50
High Stock Price Target: $730.00
Low Stock Price Target: $435.00
Potential Upside/Downside: -6.5%
Consensus Rating: Hold
Rating Score (0-4): 2.39
Research Coverage: 18 Analysts

Profitability

EPS (Most Recent Fiscal Year): $19.69
Trailing P/E Ratio: 33.00
Forward P/E Ratio: 28.40
P/E Growth: 3.13
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: 8.37
Cash Flow: $29.06 per share
Price / Cash Flow: 22.36
Book Value: $22.51 per share
Price / Book: 28.87

Miscellaneous

Outstanding Shares: 135,230,000
Free Float: 135,072,000
Market Cap: $87.87 billion
Optionable: Optionable
Beta: 1.33

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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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of KLA was last updated on Monday, January 29, 2024 at 1:26 PM.

Pros

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

KLA Corporation designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor industry. This positions the company in a key role within the growing semiconductor market.
KLA Corporation has a strong track record of innovation and technological advancements. Their continuous development of cutting-edge solutions allows them to stay competitive and capture market share.
The company has a diverse customer base, including major semiconductor manufacturers. This provides stability and potential for long-term partnerships and revenue growth.
KLA Corporation has a solid financial performance, with consistent revenue growth and profitability. This indicates a strong business model and effective management.
Recent developments and updates in KLA Corporation's product portfolio have received positive feedback from industry experts and customers. This demonstrates the company's ability to meet market demands and stay ahead of competitors.

Cons

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

Investing in the semiconductor industry can be volatile and subject to market fluctuations. This may impact KLA Corporation's financial performance and stock price.
Competition within the semiconductor industry is intense, with numerous players vying for market share. KLA Corporation needs to continuously innovate and differentiate itself to maintain its competitive position.
Changes in government regulations and trade policies can affect the semiconductor industry, potentially impacting KLA Corporation's operations and profitability.
The company's reliance on a few key customers for a significant portion of its revenue exposes it to the risk of losing major contracts or facing reduced demand.
KLA Corporation operates in a global market, making it susceptible to geopolitical risks and economic uncertainties in different regions.

KLAC Stock Analysis - Frequently Asked Questions

Should I buy or sell KLA stock right now?: 18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for KLA in the last year. There are currently 1 sell rating, 9 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" KLAC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KLAC, but not buy additional shares or sell existing shares.
View KLAC analyst ratings or view top-rated stocks.
What is KLA's stock price target for 2024?: 18 equities research analysts have issued 1 year target prices for KLA's stock. Their KLAC share price targets range from $435.00 to $730.00. On average, they expect the company's stock price to reach $607.50 in the next year. This suggests that the stock has a possible downside of 6.5%.
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 11.8% and is now trading at $649.80.
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 Wednesday, April 24th 2024.
View our KLAC earnings forecast.
How were KLA's earnings last quarter?: KLA Co. (NASDAQ:KLAC) issued its earnings results on Thursday, January, 25th. The semiconductor company reported $6.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.91 by $0.25. The semiconductor company earned $2.49 billion during the quarter, compared to analyst estimates of $2.46 billion. KLA had a trailing twelve-month return on equity of 107.56% and a net margin of 27.98%. The firm's revenue for the quarter was down 16.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $7.38 EPS.
Read the conference call transcript.
How often does KLA pay dividends? What is the dividend yield for KLA?: KLA declared a quarterly dividend on Wednesday, February 7th. Investors of record on Monday, February 19th will be given a dividend of $1.45 per share on Friday, March 1st. This represents a $5.80 dividend on an annualized basis and a yield of 0.89%. 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 0.89%. 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 21.63% 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 ProShares Nanotechnology ETF (TINY), Strive U.S. Semiconductor ETF (SHOC), Logan Capital Broad Innovative Growth ETF (LCLG), First Trust Nasdaq Semiconductor ETF (FTXL), WBI BullBear Value 3000 ETF (WBIF), iShares Semiconductor ETF (SOXX), Invesco PHLX Semiconductor ETF (SOXQ) and Columbia Seligman Semiconductor and Technology ETF (SEMI).

How will KLA's stock buyback program work?: KLA declared that its Board of Directors has initiated a share repurchase program on Tuesday, September 5th 2023, which allows the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 2.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.
What guidance has KLA issued on next quarter's earnings?: KLA issued an update on its third quarter 2024 earnings guidance on Friday, January, 26th. The company provided earnings per share guidance of 4.660-5.860 for the period, compared to the consensus earnings per share estimate of 5.850. The company issued revenue guidance of $2.2 billion-$2.4 billion, compared to the consensus revenue estimate of $2.5 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 many different retail and institutional investors. Top institutional investors include Primecap Management Co. CA (4.36%), Massachusetts Financial Services Co. MA (2.48%), Norges Bank (1.33%), Franklin Resources Inc. (0.66%), Van ECK Associates Corp (0.61%) and Charles Schwab Investment Management Inc. (0.57%). 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 2/12/2024 by MarketBeat.com Staff

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