FY2025 Earnings Forecast for KLA Issued By Cantor Fitzgerald

KLA Co. (NASDAQ:KLAC) – Investment 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 forecasts that the semiconductor company will earn $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.

A number of other brokerages have also recently issued reports on KLAC. Barclays reduced their price objective on shares of KLA from $750.00 to $700.00 and set an “equal weight” rating on the stock in a research note on Friday, January 17th. Deutsche Bank Aktiengesellschaft cut their price target on shares of KLA from $890.00 to $750.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. UBS Group boosted their price target on shares of KLA from $665.00 to $780.00 and gave the stock a “neutral” rating in a research report on Tuesday. Wells Fargo & Company dropped their target price on shares of KLA from $800.00 to $795.00 and set an “overweight” rating on the stock in a report on Monday, January 13th. Finally, StockNews.com cut shares of KLA from a “buy” rating to a “hold” rating in a report on Wednesday, November 27th. Seven investment 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 an average rating of “Moderate Buy” and a consensus target price of $806.35.

KLA Price Performance

KLAC opened at $771.91 on Wednesday. KLA has a one year low of $581.70 and a one year high of $896.32. The company has a debt-to-equity ratio of 1.65, a current ratio of 2.13 and a quick ratio of 1.48. The company’s 50 day simple moving average is $658.87 and its 200-day simple moving average is $723.16. The stock has a market capitalization of $103.25 billion, a P/E ratio of 35.25, a price-to-earnings-growth ratio of 1.63 and a beta of 1.27.

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

Hedge Funds Weigh In On KLA

Large investors have recently modified their holdings of the business. Legacy Investment Solutions LLC bought a new position in KLA during the third quarter worth $29,000. Groupama Asset Managment raised its stake in KLA by 82.3% during the third quarter. Groupama Asset Managment now owns 4,515 shares of the semiconductor company’s stock worth $35,000 after buying an additional 2,038 shares during the last quarter. Capital Performance Advisors LLP bought a new position in KLA during the third quarter worth $38,000. FSA Wealth Management LLC bought a new position in KLA during the third quarter worth $53,000. Finally, Peterson Financial Group Inc. bought a new position in KLA during the third quarter worth $56,000. 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. Stockholders of record on Monday, November 18th were paid a dividend of $1.70 per share. The ex-dividend date was Monday, November 18th. This represents a $6.80 annualized dividend and a dividend yield of 0.88%. This is an increase from KLA’s previous quarterly dividend of $1.45. 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.