In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
KLA Corp (NASDAQ: KLAC) closed the day trading at $702.92 up 0.03% from the previous closing price of $702.71. In other words, the price has increased by $0.03 from its previous closing price. On the day, 1.39 million shares were traded. KLAC stock price reached its highest trading level at $708.89 during the session, while it also had its lowest trading level at $689.22.
Ratios:
For a better understanding of KLAC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.85. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 2.09. In the meantime, Its Debt-to-Equity ratio is 1.92 whereas as Long-Term Debt/Eq ratio is at 1.70.
On October 31, 2024, Oppenheimer Upgraded its rating to Outperform which previously was Perform and also upped its target price recommendation from $750 to $850.
TD Cowen reiterated its Hold rating for the stock on October 31, 2024, while the target price for the stock was revised from $760 to $725.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 12 ’24 when WALLACE RICHARD P sold 14,306 shares for $663.01 per share. The transaction valued at 9,485,021 led to the insider holds 90,347 shares of the business.
WALLACE RICHARD P bought 14,306 shares of KLAC for $9,485,021 on Nov 12 ’24. On Oct 15 ’24, another insider, Donzella Oreste, who serves as the Officer of the company, bought 2,837 shares for $825.52 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KLAC now has a Market Capitalization of 94022574080 and an Enterprise Value of 96218800128. As of this moment, KLA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.10, and their Forward P/E ratio for the next fiscal year is 22.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.18 while its Price-to-Book (P/B) ratio in mrq is 26.42. Its current Enterprise Value per Revenue stands at 9.381 whereas that against EBITDA is 22.644.
Stock Price History:
The Beta on a monthly basis for KLAC is 1.26, which has changed by 0.18328726 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, KLAC has reached a high of $896.32, while it has fallen to a 52-week low of $581.70. The 50-Day Moving Average of the stock is 5.62%, while the 200-Day Moving Average is calculated to be -4.10%.
Shares Statistics:
Over the past 3-months, KLAC traded about 1.21M shares per day on average, while over the past 10 days, KLAC traded about 1371180 shares per day. A total of 133.82M shares are outstanding, with a floating share count of 133.60M. Insiders hold about 0.12% of the company’s shares, while institutions hold 88.14% stake in the company. Shares short for KLAC as of 1736899200 were 3132335 with a Short Ratio of 2.59, compared to 1734048000 on 3236620. Therefore, it implies a Short% of Shares Outstanding of 3132335 and a Short% of Float of 2.34.
Dividends & Splits
KLAC’s forward annual dividend rate is 6.05, up from 5.8 a year ago. Against a Trailing Annual Dividend Yield of 0.008253761The stock’s 5-year Average Dividend Yield is 1.2. The current Payout Ratio is 27.86% for KLAC, which recently paid a dividend on 2024-11-18 with an ex-dividend date of 1731888000. Stock splits for the company last occurred on 2000-01-19 when the company split stock in a 2:1 ratio.
