At the time of writing, KLA Corp [KLAC] stock is trading at $740.21, up 0.27%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The KLAC shares have gain 5.34% over the last week, with a monthly amount glided 17.47%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
KLA Corp [NASDAQ: KLAC] stock has seen the most recent analyst activity on January 13, 2025, when Needham upgraded its rating to a Buy but kept the price target unchanged to $750 for it. Previously, Oppenheimer upgraded its rating to Outperform on October 31, 2024, and elevated its price target to $850. On October 31, 2024, TD Cowen reiterated its Hold rating and revised its price target to $725 on the stock. Oppenheimer started tracking the stock assigning a Perform rating. TD Cowen reiterated its recommendation of a Hold and raised its price target to $760 on July 25, 2024. Citigroup reiterated a Buy rating for this stock on July 15, 2024, and upped its price target to $980. In a note dated June 05, 2024, Barclays upgraded an Equal Weight rating on this stock and boosted its target price from $630 to $765.
For the past year, the stock price of KLA Corp fluctuated between $593.01 and $896.32. Currently, Wall Street analysts expect the stock to reach $806.67 within the next 12 months. KLA Corp [NASDAQ: KLAC] shares were valued at $740.21 at the most recent close of the market. An investor can expect a potential return of 8.98% based on the average KLAC price forecast.
Analyzing the KLAC fundamentals
According to KLA Corp [NASDAQ:KLAC], the company’s sales were 10.84B for trailing twelve months, which represents an 24.09% jump. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.39%, Pretax Profit Margin comes in at 0.34%, and Net Profit Margin reading is 0.3%. To continue investigating profitability, this company’s Return on Assets is posted at 0.21, Equity is 0.94 and Total Capital is 0.39. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.64.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 726.72 points at the first support level, and at 713.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 753.35, and for the 2nd resistance point, it is at 766.49.
Ratios To Look Out For
It is important to note that KLA Corp [NASDAQ:KLAC] has a current ratio of 2.30. Also, the Quick Ratio is 1.56, while the Cash Ratio stands at 0.44. Considering the valuation of this stock, the price to sales ratio is 9.14, the price to book ratio is 27.45 and price to earnings (TTM) ratio is 31.13.
Transactions by insiders
Recent insider trading involved WALLACE RICHARD P, President and CEO, that happened on Nov 12 ’24 when 14306.0 shares were sold. Officer, WALLACE RICHARD P completed a deal on Nov 12 ’24 to buy 14306.0 shares. Meanwhile, Officer Donzella Oreste bought 2837.0 shares on Oct 15 ’24.
