Added to YB: 2024-07-30
Pitch date: 2024-07-28
KLAC [neutral]
KLA Corporation
+123.73%
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
$77.98
Price Target
873.00 (+400%)
Dividend
0.52%
EV/EBITDA
38.01
P/E
48.36
EV/Sales
17.12
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Time to buy or not? - KLA Corporation shows why it is in its own league
KLAC: Semicond. equip maker; Q4 rev $2.57B (+9% YoY), EPS $6.60 (+24%). Strong AI demand, high margins (62.5% gross, 41% op). FCF $3B LTM. China risk (44% sales). 2024 WFE mkt $90B+. Q1 guide: rev $2.75B (+14.6% YoY), EPS $7 (+22%). Hold @ 26x PE, $873 PT (5-6% upside). Buy < $830.
Read full article (7 min)