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After finishing at $757.54 in the prior trading day, KLA Corp. (NASDAQ: KLAC) closed at $793.83, up 4.79%. In other words, the price has increased by $4.79 from its previous closing price. On the day, 1.16 million shares were traded. KLAC stock price reached its highest trading level at $796.91 during the session, while it also had its lowest trading level at $762.0.
Ratios:
Our goal is to gain a better understanding of KLAC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.21. 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 2.02 whereas as Long-Term Debt/Eq ratio is at 1.79.
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 this company, TD Cowen on July 25, 2024, Reiterated its Hold rating but revised its target price to $760 from $700 previously.
On July 15, 2024, Citigroup reiterated its Buy rating and also lowered its target price recommendation from $760 to $980.
Barclays Upgraded its Underweight to Equal Weight on June 05, 2024, whereas the target price for the stock was revised from $630 to $765.
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 Aug 07 ’24 when Higgins Bren D. bought 5,361 shares for $740.63 per share.
Lorig Brian bought 2,038 shares of KLAC for $1,509,404 on Aug 07 ’24. On Aug 07 ’24, another insider, Higgins Bren D., who serves as the EVP & Chief Financial Officer of the company, sold 5,361 shares for $740.63 each. As a result, the insider received 3,970,517 and left with 35,806 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 106710597632 and an Enterprise Value of 109026263040. As of this moment, KLA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.12, and their Forward P/E ratio for the next fiscal year is 23.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.90 while its Price-to-Book (P/B) ratio in mrq is 31.68. Its current Enterprise Value per Revenue stands at 11.111 whereas that against EBITDA is 27.02.
Stock Price History:
Over the past 52 weeks, KLAC has reached a high of $896.32, while it has fallen to a 52-week low of $440.15. The 50-Day Moving Average of the stock is -0.73%, while the 200-Day Moving Average is calculated to be 18.16%.
Shares Statistics:
The stock has traded on average 914.66K shares per day over the past 3-months and 1365150 shares per day over the last 10 days, according to various share statistics. A total of 134.43M shares are outstanding, with a floating share count of 134.22M. Insiders hold about 0.15% of the company’s shares, while institutions hold 89.79% stake in the company. Shares short for KLAC as of 1722384000 were 2013157 with a Short Ratio of 2.20, compared to 1719532800 on 2721145. Therefore, it implies a Short% of Shares Outstanding of 2013157 and a Short% of Float of 1.5.
Dividends & Splits
In the trailing 12 months, KLAC’s forward annual dividend rate was 5.65, compared to 5.65 this year. Against a Trailing Annual Dividend Yield of 0.0074583525The stock’s 5-year Average Dividend Yield is 1.29.
