KLA Corp (NASDAQ: KLAC) is 11.62% higher on its value in year-to-date trading and has touched a low of $551.33 and a high of $896.32 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KLAC stock was last observed hovering at around $599.51 in the last trading session, with the day’s gains setting it 103.8%.
Currently trading at $703.31, the stock is 3.07% and -1.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.42 million and changing 17.31% at the moment leaves the stock -3.14% off its SMA200. KLAC registered 1.81% gain for a year compared to 6-month loss of -10.02%. The firm has a 50-day simple moving average (SMA 50) of $711.6228 and a 200-day simple moving average (SMA200) of $726.1229.
The stock witnessed a 5.89% gain in the last 1 month and extending the period to 3 months gives it a 2.03%, and is 2.49% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.70% over the week and 5.02% over the month.
KLA Corp (KLAC) has around 15230 employees, a market worth around $93.46B and $10.84B in sales. Current P/E ratio is 29.58 and Fwd P/E is 21.50. Profit margin for the company is 29.61%. Distance from 52-week low is 27.57% and -21.53% from its 52-week high. The company has generated returns on investments over the last 12 months (33.36%).
with sales reaching $3.01B over the same period.The EPS is expected to grow by 33.12% this year, but quarterly earnings will post 21.17% year-over-year. Quarterly sales are estimated to grow 27.40% in year-over-year returns.
2136.0 institutions hold shares in KLA Corp (KLAC), with institutional investors hold 91.36% of the company’s shares. The shares outstanding are 132.94M, and float is at 132.66M with Short Float at 2.56%. Institutions hold 91.26% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 13.3 million shares valued at $10.96 billion. The investor’s holdings represent 9.8529 of the KLAC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 11.59 million shares valued at $9.55 billion to account for 8.5622 of the shares outstanding. The other top investors are STATE STREET CORP which holds 5.83 million shares representing 4.3104 and valued at over $4.81 billion, while PRIMECAP MANAGEMENT CO/CA/ holds 4.0753 of the shares totaling 5.52 million with a market value of $4.55 billion.
KLA Corp (KLAC) Insider Activity
The most recent transaction is an insider sale by Higgins Bren D., the company’s EVP & Chief Financial Officer. SEC filings show that Higgins Bren D. sold 7,008 shares of the company’s common stock on Mar 25 ’25 at a price of $724.62 per share for a total of $5.08 million. Following the sale, the insider now owns 28798.0 shares.
Still, SEC filings show that on Nov 12 ’24, WALLACE RICHARD P (President and CEO) disposed off 14,306 shares at an average price of $663.01 for $9.49 million. The insider now directly holds 90,347 shares of KLA Corp (KLAC).
