KLA Corporation – Consensus ‘buy’ rating and 1.3% Upside Potential

Broker Ratings
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KLA Corporation with ticker code (KLAC) now have 18 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $750.00 and $550.00 and has a mean target at $660.79. Given that the stocks previous close was at $652.38 this indicates there is a potential upside of 1.3%. It’s also worth noting that there is a 50 day moving average of $589.86 and the 200 day moving average is $504.04. The total market capitalization for the company now stands at 89.44B. The current share price for the company is: $661.35 USD

The potential market cap would be $90,589,959,418 based on the market consensus.

The company has a dividend yield of 2.42%. Other points of data to note are a P/E ratio of 33.45, revenue per share of $70.76 and a 15.77% return on assets.

KLA Corporation (KLA) is a supplier of process control and yield management solutions and services for the semiconductor and related electronics industries. The Company offers a portfolio of device manufacturing, inspection and metrology products and related service, software and other offerings support research and development (R&D) and manufacturing of integrated circuits (IC), wafers and reticles. It also offers technologically advanced, yield-enhancing and process-enabling solutions to address various manufacturing stages of Printed Circuit Boards (PCB), Flat Panel Displays (FPD), Specialty Semiconductor Devices (SD) and other electronic components. Its segment includes Semiconductor Process Control; Specialty Semiconductor Process; PCB, Display and Component Inspection, and Other. The Semiconductor Process Control segment provides a portfolio of inspection, metrology and data analytics products as well as related service offerings.

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