The price-to-earnings ratio for KLA Corp (NASDAQ: KLAC) is above average at 29.44x. The 36-month beta value for KLAC is also noteworthy at 1.28. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 7 rating it as “hold,” and 1 rating it as “sell.”
The public float for KLAC is 133.58M, and at present, short sellers hold a 1.73% of that float. The average trading volume of KLAC on November 14, 2024 was 1.00M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
KLAC) stock’s latest price update
The stock price of KLA Corp (NASDAQ: KLAC) has dropped by -3.04 compared to previous close of 664.78. Despite this, the company has seen a fall of -3.75% in its stock price over the last five trading days. zacks.com reported 2024-11-13 that Amazon, KLA, Newmont, Uber Technologies and S&P Global are included in this Analyst Blog.
KLAC’s Market Performance
KLAC’s stock has fallen by -3.75% in the past week, with a monthly drop of -8.93% and a quarterly drop of -22.92%. The volatility ratio for the week is 2.62% while the volatility levels for the last 30 days are 2.73% for KLA Corp The simple moving average for the last 20 days is -4.13% for KLAC’s stock, with a simple moving average of -12.31% for the last 200 days.
Analysts’ Opinion of KLAC
Many brokerage firms have already submitted their reports for KLAC stocks, with Oppenheimer repeating the rating for KLAC by listing it as a “Outperform.” The predicted price for KLAC in the upcoming period, according to Oppenheimer is $850 based on the research report published on October 31, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see KLAC reach a price target of $725, previously predicting the price at $760. The rating they have provided for KLAC stocks is “Hold” according to the report published on October 31st, 2024.
KLAC Trading at -11.03% from the 50-Day Moving Average
After a stumble in the market that brought KLAC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.09% of loss for the given period.
Volatility was left at 2.73%, however, over the last 30 days, the volatility rate increased by 2.62%, as shares sank -5.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.50% lower at present.
During the last 5 trading sessions, KLAC fell by -3.75%, which changed the moving average for the period of 200-days by +8.26% in comparison to the 20-day moving average, which settled at $672.33. In addition, KLA Corp saw 10.88% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KLAC starting from WALLACE RICHARD P, who proposed sale 14,306 shares at the price of $663.01 back on Nov 12 ’24. After this action, WALLACE RICHARD P now owns shares of KLA Corp, valued at $9,485,021 using the latest closing price.
Donzella Oreste, the Officer of KLA Corp, proposed sale 2,837 shares at $825.52 during a trade that took place back on Oct 15 ’24, which means that Donzella Oreste is holding shares at $2,342,000 based on the most recent closing price.
Stock Fundamentals for KLAC
Current profitability levels for the company are sitting at:
- 0.39 for the present operating margin
- 0.6 for the gross margin
The net margin for KLA Corp stands at 0.29. The total capital return value is set at 0.37. Equity return is now at value 90.58, with 19.90 for asset returns.
Based on KLA Corp (KLAC), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at 0.52. The debt to equity ratio resting at 1.86. The interest coverage ratio of the stock is 12.45.
Currently, EBITDA for the company is 4.04 billion with net debt to EBITDA at 1.09. When we switch over and look at the enterprise to sales, we see a ratio of 8.88. The receivables turnover for the company is 4.92for trailing twelve months and the total asset turnover is 0.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.09.
Conclusion
In summary, KLA Corp (KLAC) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
