FY2025 Earnings Forecast for KLA Issued By Cantor Fitzgerald

KLA Co. (NASDAQ:KLAC) – Analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for KLA in a research note issued on Tuesday, January 21st. Cantor Fitzgerald analyst C. Muse expects that the semiconductor company will post earnings of $30.08 per share for the year. Cantor Fitzgerald has a “Neutral” rating and a $925.00 price target on the stock. The consensus estimate for KLA’s current full-year earnings is $30.37 per share.

KLA (NASDAQ:KLAC) last issued its quarterly earnings data on Wednesday, October 30th. The semiconductor company reported $7.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.03 by $0.30. KLA had a net margin of 28.92% and a return on equity of 105.16%. The firm had revenue of $2.84 billion during the quarter, compared to the consensus estimate of $2.75 billion. During the same quarter in the previous year, the firm posted $5.74 EPS. The company’s revenue for the quarter was up 18.5% compared to the same quarter last year.

KLAC has been the subject of a number of other reports. UBS Group boosted their price objective on KLA from $665.00 to $780.00 and gave the company a “neutral” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of KLA from $890.00 to $750.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. Oppenheimer upgraded shares of KLA from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $750.00 to $850.00 in a research note on Thursday, October 31st. Susquehanna dropped their target price on shares of KLA from $680.00 to $675.00 and set a “neutral” rating for the company in a report on Friday, October 11th. Finally, Wells Fargo & Company decreased their price target on KLA from $800.00 to $795.00 and set an “overweight” rating on the stock in a report on Monday, January 13th. Seven analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $807.35.

KLA Stock Performance

Shares of KLAC opened at $767.24 on Wednesday. The business has a 50-day simple moving average of $656.82 and a two-hundred day simple moving average of $723.78. The company has a quick ratio of 1.48, a current ratio of 2.13 and a debt-to-equity ratio of 1.65. KLA has a 52 week low of $581.70 and a 52 week high of $896.32. The stock has a market cap of $102.63 billion, a price-to-earnings ratio of 35.03, a PEG ratio of 1.63 and a beta of 1.27.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in KLAC. 1834 Investment Advisors Co. boosted its holdings in shares of KLA by 5.5% in the 4th quarter. 1834 Investment Advisors Co. now owns 1,557 shares of the semiconductor company’s stock worth $981,000 after purchasing an additional 81 shares during the period. First Citizens Bank & Trust Co. lifted its position in KLA by 9.2% in the fourth quarter. First Citizens Bank & Trust Co. now owns 464 shares of the semiconductor company’s stock worth $292,000 after buying an additional 39 shares during the last quarter. TTP Investments Inc. purchased a new position in KLA during the fourth quarter worth $352,000. Patton Albertson Miller Group LLC increased its position in KLA by 6.0% during the fourth quarter. Patton Albertson Miller Group LLC now owns 15,547 shares of the semiconductor company’s stock valued at $9,797,000 after acquiring an additional 874 shares during the last quarter. Finally, Monte Financial Group LLC raised its stake in shares of KLA by 12.5% in the fourth quarter. Monte Financial Group LLC now owns 1,897 shares of the semiconductor company’s stock valued at $1,195,000 after acquiring an additional 211 shares during the period. Hedge funds and other institutional investors own 86.65% of the company’s stock.

KLA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 3rd. Investors of record on Monday, November 18th were issued a $1.70 dividend. This is an increase from KLA’s previous quarterly dividend of $1.45. 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 0.89%. KLA’s dividend payout ratio (DPR) is presently 31.05%.

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.