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S&P 500   4,769.83
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QQQ   409.52
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A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
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S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
US Navy helicopters fire at Yemen's Houthi rebels and kill several in latest Red Sea shipping attack
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A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
Chief Justice Roberts casts a wary eye on the uses of artificial intelligence in the federal courts
FINAL OFFER: $9 for a FULL YEAR of stock picks (Ad)
S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
US Navy helicopters fire at Yemen's Houthi rebels and kill several in latest Red Sea shipping attack
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A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
Chief Justice Roberts casts a wary eye on the uses of artificial intelligence in the federal courts
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NASDAQ:KLAC

KLA (KLAC) Stock Price, News & Analysis

$581.30
-4.97 (-0.85%)
(As of 12/29/2023 ET)
Today's Range
$577.02
$586.70
50-Day Range
$454.84
$591.47
52-Week Range
$355.88
$597.43
Volume
512,906 shs
Average Volume
794,932 shs
Market Capitalization
$79.02 billion
P/E Ratio
26.07
Dividend Yield
1.00%
Price Target
$527.94

KLA MarketRank™ Stock Analysis

Analyst Rating
Hold
2.41 Rating Score
Upside/​Downside
9.2% Downside
$527.94 Price Target
Short Interest
Healthy
1.93% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.62
Upright™ Environmental Score
News Sentiment
1.19mentions of KLA in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.05%
From $23.34 to $25.92 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.50 out of 5 stars

Computer And Technology Sector

98th out of 589 stocks

Optical Instruments & Lenses Industry

1st out of 4 stocks


KLAC stock logo

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

KLAC Stock News Headlines

KLAC Factor-Based Stock Analysis
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KLA Corp. price target raised by $40 at Deutsche Bank, here's why
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KLA Corp.: Rising Above Cyclicality
KLA: Stock Perfectly Priced
KLA Corporation: A Top Pick In The Semiconductor Industry
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Company Calendar

Last Earnings
10/25/2023
Ex-Dividend for 12/1 Dividend
11/14/2023
Dividend Payable
12/01/2023
Today
12/31/2023
Next Earnings (Estimated)
1/25/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Optical instruments & lenses
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:KLAC
CUSIP
48248010
Employees
15,210
Year Founded
1976

Price Target and Rating

Average Stock Price Target
$527.94
High Stock Price Target
$730.00
Low Stock Price Target
$410.00
Potential Upside/Downside
-9.2%
Consensus Rating
Hold
Rating Score (0-4)
2.41
Research Coverage
17 Analysts

Profitability

Net Income
$3.39 billion
Pretax Margin
35.12%

Debt

Sales & Book Value

Annual Sales
$10.17 billion
Cash Flow
$29.07 per share
Book Value
$21.36 per share

Miscellaneous

Free Float
135,769,000
Market Cap
$79.02 billion
Optionable
Optionable
Beta
1.35

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KLAC Stock Analysis - Frequently Asked Questions

Should I buy or sell KLA stock right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KLA in the last year. There are currently 1 sell rating, 8 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities 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?

17 Wall Street analysts have issued 12 month price targets for KLA's stock. Their KLAC share price targets range from $410.00 to $730.00. On average, they predict the company's stock price to reach $527.94 in the next twelve months. This suggests that the stock has a possible downside of 9.2%.
View analysts price targets for KLAC
or view top-rated stocks among Wall Street analysts.

How have KLAC shares performed in 2023?

KLA's stock was trading at $377.03 on January 1st, 2023. Since then, KLAC shares have increased by 54.2% and is now trading at $581.30.
View the best growth stocks for 2023 here
.

When is KLA's next earnings date?

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

How were KLA's earnings last quarter?

KLA Co. (NASDAQ:KLAC) issued its quarterly earnings data on Wednesday, October, 25th. The semiconductor company reported $5.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.39 by $0.35. The semiconductor company had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.36 billion. KLA had a net margin of 30.51% and a trailing twelve-month return on equity of 119.24%.
Read the conference call transcript
.

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

KLA announced a quarterly dividend on Thursday, November 2nd. Shareholders of record on Wednesday, November 15th will be given a dividend of $1.45 per share on Friday, December 1st. This represents a $5.80 annualized dividend and a yield of 1.00%. The ex-dividend date of this dividend is Tuesday, November 14th. This is an increase from the stock's previous quarterly dividend of $1.30.
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 0.99%. 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 26.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KLAC will have a dividend payout ratio of 22.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KLAC.

How will KLA's stock buyback program work?

KLA declared that its Board of Directors has approved a share buyback 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 reacquire up to 2.9% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its shares are undervalued.

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

KLA issued an update on its second quarter earnings guidance on Wednesday, October, 25th. The company provided earnings per share (EPS) guidance of $5.26-6.46 for the period, compared to the consensus earnings per share estimate of $5.47. The company issued revenue guidance of $2.325-2.575 billion, compared to the consensus revenue estimate of $2.37 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).

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 12/31/2023 by MarketBeat.com Staff

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