Added to YB: 2024-05-02
Pitch date: 2024-05-01
KLAC [neutral]
KLA Corporation
+163.22%
current return
Author Info
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Company Info
KLA Corporation, together with its subsidiaries, provides process control and process-enabling solutions for manufacturing wafers, reticles/masks, chemicals/materials, integrated circuits (ICs), packaged ICs, and printed circuit boards.
Market Cap
$231.2B
Pitch Price
$66.28
Price Target
812.00 (+365%)
Dividend
0.52%
EV/EBITDA
38.01
P/E
48.36
EV/Sales
17.12
Sector
Semiconductors and Semiconductor Equipment
Category
dividend
KLA Corporation – One for on your watchlist, but don't pull the trigger yet (Earnings Review)
KLAC: Hold rating from $599 in Jan. Q3 rev $2.36B (-3% YoY), EPS $5.26 ($0.40 one-off hit). Services 25% of rev, +12% YoY. FCF $838M, 32% margin. Dividend 14 yr growth. Outlook: Q4 rev guide $2.5B (+6% YoY), EPS $6.07; 56% inspection/metrology share; package biz $400M run rate. Raised FY25/26 ests on WFE recovery. 24x FY26 PE = $812 PT, 7.5% return. Buy under $655.
Read full article (6 min)