KLA (NASDAQ:KLAC – Get Free Report) released its quarterly earnings data on Thursday. The semiconductor company reported $5.26 EPS for the quarter, beating the consensus estimate of $4.94 by $0.32, Briefing.com reports. The business had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.31 billion. KLA had a net margin of 27.98% and a return on equity of 107.56%. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same period in the prior year, the firm earned $5.49 EPS. KLA updated its Q4 guidance to $5.47-6.67 EPS and its Q4 2024 guidance to 5.470-6.670 EPS.
KLA Stock Up 4.9 %
Shares of KLAC traded up $32.85 during midday trading on Friday, reaching $705.80. The stock had a trading volume of 540,167 shares, compared to its average volume of 953,922. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.91 and a quick ratio of 1.25. The company’s fifty day simple moving average is $684.51 and its two-hundred day simple moving average is $598.13. The company has a market cap of $95.45 billion, a price-to-earnings ratio of 35.94, a PEG ratio of 3.27 and a beta of 1.34. KLA has a 1-year low of $369.00 and a 1-year high of $729.15.
KLA Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Monday, February 19th were given a $1.45 dividend. This represents a $5.80 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date of this dividend was Thursday, February 15th. KLA’s dividend payout ratio is presently 29.46%.
Analyst Ratings Changes
Get Our Latest Stock Report on KLA
Insider Activity at KLA
In other news, CFO Bren D. Higgins sold 7,018 shares of the firm’s stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of $705.04, for a total transaction of $4,947,970.72. Following the sale, the chief financial officer now owns 32,375 shares of the company’s stock, valued at approximately $22,825,670. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CFO Bren D. Higgins sold 7,018 shares of KLA stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of $705.04, for a total transaction of $4,947,970.72. Following the sale, the chief financial officer now directly owns 32,375 shares in the company, valued at approximately $22,825,670. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Oreste Donzella sold 3,257 shares of the business’s stock in a transaction on Monday, March 25th. The shares were sold at an average price of $697.85, for a total transaction of $2,272,897.45. Following the completion of the sale, the executive vice president now directly owns 16,922 shares of the company’s stock, valued at $11,809,017.70. The disclosure for this sale can be found here. 0.12% of the stock is currently owned by corporate insiders.
About KLA
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.
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