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. The stock was recently discussed on Yahoo Finance as it revealed that KLA Announces Second Quarter Fiscal Year 2024 Earnings Date.
The company is listed on the NASDAQ and operates within the Semiconductor Equipment & Materials industry segment. The current market capitalization of KLA Corp. is $81.36B. A total of 1.03 million shares were traded on the day, compared to an average of 949.73K shares.
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, KLAC has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 430 shares. Over the last 12 months, there were 29 BUYs and 96 SELLs from insiders. Insiders purchased 120,957 shares during that period but sold 252,807.
In the most recent transaction, Wilkinson Mary Beth sold 430 shares of KLAC for 550.00 per share on Nov 15. After the transaction, the EVP, CLO and Secretary now owns 6,364 company shares. In a previous transaction on Sep 22, Wilkinson Mary Beth sold 3,155 shares at 451.51 per share. KLAC shares that EVP, CLO and Secretary owns now total 6,794.
Among the insiders who sold shares, Hanley Jeneanne Michelle disposed of 500 shares on Sep 06 at a per-share price of $508.97. This resulted in the Director holding 3,054 shares of KLAC after the transaction. In another insider transaction, Donzella Oreste sold 2,633 shares at $507.01 per share on Sep 05. Company shares held by the Executive Vice President now total 23,815.
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. KLA Corp. pays an annual dividend of $5.61, resulting in a dividend yield of 0.93%, and it has a price to earnings (P/E) ratio of 30.56. KLAC’s most recent ex-dividend date was 11/14/2023 when it declared a $1.45 quarterly dividend that was paid in cash on 12/1/2023. Previously, the company paid the dividend on 9/1/2023 with an ex-dividend date of 8/14/2023. The KLAC stock dividend was $1.30 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for KLAC in the last 3 months, the mean price target is $660.70 with high estimates of $750.00 and low estimates of $514.00. In terms of 52-week highs and lows, KLAC has a high of $658.78 and a low of $355.88.
As of this writing, KLAC has an earnings estimate of $5.31 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $5.6 per share and a lower estimate of $5.26. The company reported an EPS of $5.74 in the last quarter, which was 6.30% higher than expectations of $5.4.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. KLAC’s latest balance sheet shows that the firm has $2.71B in Cash & Short Term Investments as of fiscal 2022. There were $6.77B in debt and $2.87B in liabilities at the time. Its Book Value Per Share was $22.50, while its Total Shareholder’s Equity was $1.40B.
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. 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 3.95.