With 0.68 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.23 million shares. The 52-week range on KLAC shows that it touched its highest point at $896.32 and its lowest point at $551.33 during that stretch. It currently has a 1-year price target of $797.17. With its current market cap of 101.50 billion, KLAC has annualized dividend of $6.75 while the current yield stands at 0.88%. Beta for the stock currently stands at 1.40.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KLAC was down-trending over the past week, with a drop of -4.78%, but this was up by 16.80% over a month. Three-month performance surged to 1.75% while six-month performance rose 23.74%. The stock lost -0.68% in the past year, while it has gained 21.80% so far this year. A look at the trailing 12-month EPS for KLAC yields 27.52 with Next year EPS estimates of 33.22. For the next quarter, that number is 8.53. This implies an EPS growth rate of 36.46% for this year and 2.55% for next year. EPS is expected to grow by 16.51% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 22.04%.
Float and Shares Shorts:
At present, 132.24 million KLAC shares are outstanding with a float of 132.03 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KLAC since 12 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $23.87887 being high and $23.23837 being low. For KLAC, this leads to a yearly average estimate of $23.31843. Based on analyst estimates, the high estimate for the next quarter is $8.53 and the low estimate is $7.46. The average estimate for the next quarter is thus $8.1.
