After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for KLA Corporation (KLAC) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.09, or 0.02%, to $383.61. The KLA Corporation has recorded 6,051 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted KLA Declares Regular Cash Dividend.
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Stocks Info
As a NASDAQ listed company, KLAC falls under the Technology sector while operating within the Semiconductor Equipment & Materials industry segment. At the end of the last regular session, the stock closed at $383.52 and fluctuated between $387.20 as its day high and $381.15 as its day low. The current market capitalization of KLA Corporation is $50.92B. A total of 0.69 million shares were traded on the day, compared to an average of 1.05M shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, KLAC has seen 0 BUY and 12 SELL insider trades, representing the acquisition of 0 and the disposition of 60,768 shares. Over the last 12 months, there were 29 BUYs and 79 SELLs from insiders. Insiders purchased 164,029 shares during that period but sold 195,716.
In the most recent transaction, WALLACE RICHARD P sold 12,919 shares of KLAC for 382.24 per share on May 03. After the transaction, the President and CEO now owns 140,783 company shares. In a previous transaction on May 02, WALLACE RICHARD P sold 17,499 shares at 381.48 per share. KLAC shares that President and CEO owns now total 153,702.
Among the insiders who sold shares, Lorig Brian disposed of 1,728 shares on Apr 03 at a per-share price of $400.00. This resulted in the Executive Vice President holding 24,958 shares of KLAC after the transaction. In another insider transaction, Donzella Oreste sold 3,882 shares at $393.73 per share on Mar 31. Company shares held by the Executive Vice President now total 24,378.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. KLA Corporation pays an annual dividend of $5.20, resulting in a dividend yield of 1.36%, and it has a price to earnings (P/E) ratio of 15.64. KLAC’s most recent ex-dividend date was 5/12/2023 when it declared a $1.30 quarterly dividend that was paid in cash on 6/1/2023. Previously, the company paid the dividend on 3/1/2023 with an ex-dividend date of 2/10/2023. The KLAC stock dividend was $1.30 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for KLAC in the last 3 months, the mean price target is $438.74 with high estimates of $495.00 and low estimates of $325.00. In terms of 52-week highs and lows, KLAC has a high of $429.46 and a low of $250.20.
As of this writing, KLAC has an earnings estimate of $4.86 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $5 per share and a lower estimate of $4.72. The company reported an EPS of $7.38 in the last quarter, which was 3.90% higher than expectations of $7.1.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. KLAC’s latest balance sheet shows that the firm has $2.71B in Cash & Short Term Investments as of fiscal 2022. There were $6.66B in debt and $2.87B in liabilities at the time. Its Book Value Per Share was $19.46, while its Total Shareholder’s Equity was $1.40B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KLAC is Buy with a score of 4.06.
