KLA (KLAC) to Release Quarterly Earnings on Thursday

KLA (NASDAQ:KLAC) will likely be issuing its quarterly earnings data after the market closes on Thursday, January 30th. Analysts expect the company to announce earnings of $7.73 per share and revenue of $2,949,994.97 billion for the quarter. KLA has set its Q2 guidance at $7.15-8.35 EPS and its Q2 2025 guidance at 7.150-8.350 EPS.Investors that wish to register for the company’s conference call can do so using this link.

KLA (NASDAQ:KLAC) last issued its earnings results on Wednesday, October 30th. The semiconductor company reported $7.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.03 by $0.30. The firm had revenue of $2.84 billion for the quarter, compared to analysts’ expectations of $2.75 billion. KLA had a net margin of 28.92% and a return on equity of 105.16%. KLA’s revenue was up 18.5% on a year-over-year basis. During the same quarter last year, the company posted $5.74 earnings per share. On average, analysts expect KLA to post $30 EPS for the current fiscal year and $31 EPS for the next fiscal year.

KLA Stock Up 0.6 %

NASDAQ:KLAC opened at $771.91 on Thursday. KLA has a 52 week low of $581.70 and a 52 week high of $896.32. The firm has a market capitalization of $103.25 billion, a PE ratio of 35.25, a price-to-earnings-growth ratio of 1.63 and a beta of 1.27. The company has a current ratio of 2.13, a quick ratio of 1.48 and a debt-to-equity ratio of 1.65. The stock has a 50 day moving average of $658.87 and a 200-day moving average of $723.16.

KLA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Monday, November 18th were given a $1.70 dividend. The ex-dividend date of this dividend was Monday, November 18th. This is a positive change from KLA’s previous quarterly dividend of $1.45. This represents a $6.80 annualized dividend and a yield of 0.88%. KLA’s dividend payout ratio (DPR) is currently 31.05%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on KLAC shares. Susquehanna increased their price objective on shares of KLA from $620.00 to $655.00 and gave the stock a “neutral” rating in a report on Wednesday. Cantor Fitzgerald restated a “neutral” rating and issued a $925.00 price target on shares of KLA in a research note on Tuesday, October 8th. Morgan Stanley reduced their price objective on KLA from $746.00 to $703.00 and set an “equal weight” rating for the company in a research report on Thursday, December 5th. Barclays lowered their target price on KLA from $750.00 to $700.00 and set an “equal weight” rating on the stock in a research report on Friday, January 17th. Finally, TD Cowen reduced their price target on KLA from $760.00 to $725.00 and set a “hold” rating for the company in a research report on Thursday, October 31st. Seven investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, KLA has a consensus rating of “Moderate Buy” and a consensus price target of $806.35.

About KLA

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.