There’s No Getting Around KLA Corp. (NASDAQ: KLAC) Success

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Yahoo Finance discussed the stock recently as it posted KLA Announces Upcoming Investor Webcast.

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Stocks Info

KLAC belongs to the Technology sector of the NASDAQ while operating in the Semiconductor Equipment & Materials industry. The current market capitalization of KLA Corp. is $94.33B. A total of 0.78 million shares were traded on the day, compared to an average of 985.32K shares.

In the most recent transaction, Higgins Bren D. sold 7,018 shares of KLAC for 705.04 per share on Mar 26 ’24. After the transaction, the EVP & Chief Financial Officer now owns 32,375 company shares. In a previous transaction on Mar 25 ’24, Donzella Oreste sold 3,257 shares at 697.85 per share. KLAC shares that Executive Vice President owns now total 16,922.

Among the insiders who sold shares, Wilkinson Mary Beth disposed of 430 shares on Nov 15 ’23 at a per-share price of $550.00. This resulted in the EVP, CLO and Secretary holding 6,364 shares of KLAC after the transaction. In another insider transaction, Wilkinson Mary Beth sold 3,155 shares at $451.51 per share on Sep 22 ’23. Company shares held by the EVP, CLO and Secretary now total 6,794.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. KLA Corp. pays an annual dividend of $5.50, resulting in a dividend yield of 0.79%, and it has a price to earnings (P/E) ratio of 35.43. KLAC’s most recent ex-dividend date was 2/15/2024 when it declared a $1.45 quarterly dividend that was paid in cash on 3/1/2024. Previously, the company paid the dividend on 12/1/2023 with an ex-dividend date of 11/14/2023. The KLAC stock dividend was $1.45 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, KLAC has a high of $729.15 and a low of $355.88.

As of this writing, KLAC has an earnings estimate of $5.13 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $5.52 per share and a lower estimate of $4.83. 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 organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after 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 3.95.

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