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As of close of business last night, KLA Corp.’s stock clocked out at $852.95, down -4.42% from its previous closing price of $892.35. In other words, the price has decreased by -$4.42 from its previous closing price. On the day, 0.87 million shares were traded. KLAC stock price reached its highest trading level at $896.32 during the session, while it also had its lowest trading level at $852.16.
Ratios:
To gain a deeper understanding of KLAC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.29. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 2.08. In the meantime, Its Debt-to-Equity ratio is 2.20 whereas as Long-Term Debt/Eq ratio is at 1.95.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on June 05, 2024, Upgraded its rating to Equal Weight and sets its target price to $765 from $630 previously.
On May 13, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $820.
TD Cowen reiterated its Hold rating for the stock on April 26, 2024, while the target price for the stock was revised from $650 to $700.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 02 ’24 when Kirloskar Virendra A sold 44 shares for $819.40 per share. The transaction valued at 36,054 led to the insider holds 3,700 shares of the business.
Lorig Brian sold 44 shares of KLAC for $36,054 on Jul 02 ’24. The Executive Vice President now owns 14,211 shares after completing the transaction at $819.40 per share. On May 23 ’24, another insider, Higgins Bren D., who serves as the EVP & Chief Financial Officer of the company, sold 1,019 shares for $788.58 each. As a result, the insider received 803,563 and left with 31,356 shares of the company.
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 114841190400 and an Enterprise Value of 117370527744. As of this moment, KLA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.69, and their Forward P/E ratio for the next fiscal year is 29.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.98 while its Price-to-Book (P/B) ratio in mrq is 37.13. Its current Enterprise Value per Revenue stands at 12.228 whereas that against EBITDA is 30.209.
Stock Price History:
The Beta on a monthly basis for KLAC is 1.27, which has changed by 0.7964784 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, KLAC has reached a high of $894.77, while it has fallen to a 52-week low of $440.15. The 50-Day Moving Average of the stock is 9.31%, while the 200-Day Moving Average is calculated to be 34.08%.
Shares Statistics:
It appears that KLAC traded 799.44K shares on average per day over the past three months and 566660 shares per day over the past ten days. A total of 136.75M shares are outstanding, with a floating share count of 134.46M. Insiders hold about 0.13% of the company’s shares, while institutions hold 90.37% stake in the company. Shares short for KLAC as of 1718323200 were 2943154 with a Short Ratio of 3.40, compared to 1715731200 on 2390398. Therefore, it implies a Short% of Shares Outstanding of 2943154 and a Short% of Float of 2.19.
Dividends & Splits
With its trailing 12-month dividend rate of 5.5, KLAC has a forward annual dividend rate of 5.65. Against a Trailing Annual Dividend Yield of 0.006163501The stock’s 5-year Average Dividend Yield is 1.31. The current Payout Ratio is 21.53% for KLAC, which recently paid a dividend on 2024-05-14 with an ex-dividend date of 1715644800. Stock splits for the company last occurred on 2000-01-19 when the company split stock in a 2:1 ratio.
