Brokers Set Expectations for KLA FY2025 Earnings

KLA Co. (NASDAQ:KLACFree Report) – Stock analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for KLA in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst C. Muse expects that the semiconductor company will post earnings of $30.08 per share for the year. Cantor Fitzgerald currently has a “Neutral” rating and a $925.00 target price on the stock. The consensus estimate for KLA’s current full-year earnings is $30.34 per share.

Other equities research analysts also recently issued research reports about the stock. StockNews.com downgraded shares of KLA from a “buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Wells Fargo & Company reduced their price objective on KLA from $800.00 to $795.00 and set an “overweight” rating on the stock in a research note on Monday, January 13th. Needham & Company LLC upgraded KLA from a “hold” rating to a “buy” rating and set a $750.00 target price for the company in a research note on Monday, January 13th. The Goldman Sachs Group cut their price target on KLA from $850.00 to $759.00 and set a “buy” rating on the stock in a report on Friday, January 10th. Finally, Barclays lowered their price objective on shares of KLA from $750.00 to $700.00 and set an “equal weight” rating on the stock in a research note on Friday, January 17th. Seven investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $806.35.

View Our Latest Research Report on KLA

KLA Price Performance

Shares of KLA stock opened at $760.95 on Wednesday. The stock has a market capitalization of $101.78 billion, a P/E ratio of 34.75, a PEG ratio of 1.65 and a beta of 1.27. The company has a current ratio of 2.13, a quick ratio of 1.48 and a debt-to-equity ratio of 1.65. KLA has a twelve month low of $581.70 and a twelve month high of $896.32. The business’s fifty day moving average price is $661.42 and its 200 day moving average price is $723.50.

KLA (NASDAQ:KLACGet Free Report) last released its earnings results on Wednesday, October 30th. The semiconductor company reported $7.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.03 by $0.30. The company had revenue of $2.84 billion for the quarter, compared to analyst estimates of $2.75 billion. KLA had a net margin of 28.92% and a return on equity of 105.16%. The firm’s quarterly revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the firm earned $5.74 EPS.

KLA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Monday, November 18th were given a $1.70 dividend. This represents a $6.80 dividend on an annualized basis and a yield of 0.89%. This is a positive change from KLA’s previous quarterly dividend of $1.45. The ex-dividend date was Monday, November 18th. KLA’s dividend payout ratio (DPR) is presently 31.05%.

Institutional Trading of KLA

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Swedbank AB lifted its stake in KLA by 0.4% in the third quarter. Swedbank AB now owns 550,949 shares of the semiconductor company’s stock valued at $426,660,000 after buying an additional 2,019 shares during the period. Diversify Advisory Services LLC raised its position in shares of KLA by 22.7% in the 4th quarter. Diversify Advisory Services LLC now owns 648 shares of the semiconductor company’s stock valued at $443,000 after acquiring an additional 120 shares during the period. Community Financial Services Group LLC boosted its stake in KLA by 538.5% during the 3rd quarter. Community Financial Services Group LLC now owns 7,445 shares of the semiconductor company’s stock worth $5,765,000 after acquiring an additional 6,279 shares during the last quarter. Eastern Bank grew its holdings in KLA by 655.8% during the third quarter. Eastern Bank now owns 27,368 shares of the semiconductor company’s stock valued at $21,194,000 after purchasing an additional 23,747 shares during the period. Finally, ING Groep NV increased its stake in KLA by 52.4% in the third quarter. ING Groep NV now owns 79,763 shares of the semiconductor company’s stock valued at $61,769,000 after purchasing an additional 27,436 shares in the last quarter. 86.65% of the stock is currently owned by institutional investors and hedge funds.

About KLA

(Get Free Report)

KLA Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of 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 and Component Inspection.

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