Cantor Fitzgerald Has Strong Outlook for KLA FY2025 Earnings

KLA Co. (NASDAQ:KLAC) – Cantor Fitzgerald lifted their FY2025 EPS estimates for shares of KLA in a report issued on Friday, January 31st. Cantor Fitzgerald analyst C. Muse now expects that the semiconductor company will post earnings of $31.62 per share for the year, up from their prior estimate of $30.08. Cantor Fitzgerald currently has a “Neutral” rating and a $875.00 target price on the stock. The consensus estimate for KLA’s current full-year earnings is $30.34 per share.

Several other equities research analysts have also commented on KLAC. The Goldman Sachs Group boosted their price objective on shares of KLA from $759.00 to $864.00 and gave the stock a “buy” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of KLA from $725.00 to $850.00 and gave the stock a “buy” rating in a research note on Friday. Wells Fargo & Company boosted their price objective on shares of KLA from $795.00 to $870.00 and gave the stock an “overweight” rating in a research note on Friday. TD Cowen dropped their price objective on shares of KLA from $760.00 to $725.00 and set a “hold” rating on the stock in a research note on Thursday, October 31st. Finally, Needham & Company LLC boosted their price objective on shares of KLA from $800.00 to $830.00 and gave the stock a “buy” rating in a research note on Friday. Seven investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $829.32.

KLA Trading Down 0.6 %

Shares of KLAC opened at $738.24 on Monday. The firm’s 50-day moving average price is $675.96 and its 200-day moving average price is $716.79. The firm has a market capitalization of $98.75 billion, a price-to-earnings ratio of 33.71, a PEG ratio of 1.54 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. KLA has a 1-year low of $581.70 and a 1-year high of $896.32.

KLA (NASDAQ:KLAC) last announced its earnings results on Thursday, January 30th. The semiconductor company reported $8.20 earnings per share for the quarter, beating analysts’ consensus estimates of $7.73 by $0.47. KLA had a net margin of 28.92% and a return on equity of 105.16%.

KLA Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Monday, November 18th were given a $1.70 dividend. This is a positive change from KLA’s previous quarterly dividend of $1.45. This represents a $6.80 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date was Monday, November 18th. KLA’s dividend payout ratio is presently 31.05%.

Hedge Funds Weigh In On KLA

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. CVA Family Office LLC boosted its position in shares of KLA by 3.7% during the third quarter. CVA Family Office LLC now owns 366 shares of the semiconductor company’s stock worth $283,000 after acquiring an additional 13 shares during the last quarter. Hutchens & Kramer Investment Management Group LLC raised its stake in KLA by 3.3% during the fourth quarter. Hutchens & Kramer Investment Management Group LLC now owns 411 shares of the semiconductor company’s stock valued at $259,000 after purchasing an additional 13 shares in the last quarter. Richardson Financial Services Inc. raised its stake in KLA by 5.9% during the fourth quarter. Richardson Financial Services Inc. now owns 253 shares of the semiconductor company’s stock valued at $160,000 after purchasing an additional 14 shares in the last quarter. Marcum Wealth LLC raised its stake in KLA by 4.1% during the third quarter. Marcum Wealth LLC now owns 384 shares of the semiconductor company’s stock valued at $297,000 after purchasing an additional 15 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. raised its stake in KLA by 6.5% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 246 shares of the semiconductor company’s stock valued at $155,000 after purchasing an additional 15 shares in the last quarter. Institutional investors own 86.65% of the company’s stock.

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.