FY2025 Earnings Estimate for KLA Issued By Cantor Fitzgerald

KLA Co. (NASDAQ:KLAC) – Research analysts at Cantor Fitzgerald lifted their FY2025 earnings estimates for KLA in a report issued on Friday, January 31st. Cantor Fitzgerald analyst C. Muse now expects that the semiconductor company will post earnings per share of $31.62 for the year, up from their prior forecast of $30.08. Cantor Fitzgerald has a “Neutral” rating and a $875.00 price objective on the stock. The consensus estimate for KLA’s current full-year earnings is $30.80 per share.

Other analysts have also issued research reports about the stock. StockNews.com lowered shares of KLA from a “buy” rating to a “hold” rating in a report on Wednesday, November 27th. Morgan Stanley lifted their price objective on KLA from $703.00 to $748.00 and gave the company an “equal weight” rating in a research report on Monday. Oppenheimer upgraded KLA from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $750.00 to $850.00 in a report on Thursday, October 31st. Susquehanna lifted their price target on KLA from $620.00 to $655.00 and gave the company a “neutral” rating in a report on Wednesday, January 22nd. Finally, Wells Fargo & Company increased their price objective on shares of KLA from $795.00 to $870.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Seven investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $831.68.

KLA Trading Up 1.2 %

Shares of KLAC stock opened at $749.32 on Monday. The company has a market capitalization of $100.23 billion, a P/E ratio of 31.51, a P/E/G ratio of 1.57 and a beta of 1.28. KLA has a 12-month low of $595.86 and a 12-month high of $896.32. The company has a quick ratio of 1.63, a current ratio of 2.36 and a debt-to-equity ratio of 1.64. The firm has a 50-day moving average price of $677.87 and a 200 day moving average price of $716.00.

KLA (NASDAQ:KLAC) last announced its quarterly earnings results on Thursday, January 30th. The semiconductor company reported $8.20 EPS for the quarter, beating the consensus estimate of $7.73 by $0.47. KLA had a return on equity of 108.60% and a net margin of 29.58%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in KLAC. State Street Corp lifted its holdings in shares of KLA by 2.5% during the 3rd quarter. State Street Corp now owns 5,979,293 shares of the semiconductor company’s stock valued at $4,630,424,000 after purchasing an additional 145,317 shares in the last quarter. Mizuho Securities USA LLC lifted its stake in KLA by 32,828.8% in the third quarter. Mizuho Securities USA LLC now owns 3,419,000 shares of the semiconductor company’s stock valued at $2,647,708,000 after buying an additional 3,408,617 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of KLA by 3.0% in the third quarter. Geode Capital Management LLC now owns 3,221,694 shares of the semiconductor company’s stock valued at $2,487,971,000 after buying an additional 93,743 shares during the period. Van ECK Associates Corp increased its position in shares of KLA by 25.7% during the third quarter. Van ECK Associates Corp now owns 1,399,367 shares of the semiconductor company’s stock worth $1,083,684,000 after acquiring an additional 286,015 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of KLA by 5.9% during the fourth quarter. Bank of New York Mellon Corp now owns 1,153,043 shares of the semiconductor company’s stock worth $726,555,000 after acquiring an additional 64,238 shares during the period. 86.65% of the stock is currently owned by institutional investors.

KLA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 3rd. Investors of record on Monday, November 18th were given a $1.70 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.80 dividend on an annualized basis and a dividend yield of 0.91%. This is a boost from KLA’s previous quarterly dividend of $1.45. KLA’s dividend payout ratio is currently 28.60%.

KLA Company Profile

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.