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KLA Corporation's Premium Multiple Is Deserved, Technically Strong Into Earnings
Seeking Alpha· 2024-04-12 03:58
Monty Rakusen Semiconductor stocks have stalled out since notching an all-time high back on March 8. Shares of the VanEck Vectors Semiconductor ETF (SMH) spiked to near $240 on high volume before falling sharply during the trading day, closing near the lows of the session and under $225. It had the hallmarks of what technicians call a “blow-off top.” Then, earlier this month, SMH printed a bearish engulfing pattern (April 4). These are important clues for an industry that has grown to become a material ...
Why KLA (KLAC) Outpaced the Stock Market Today
Zacks Investment Research· 2024-04-05 23:21
In the latest trading session, KLA (KLAC) closed at $682.84, marking a +1.5% move from the previous day. This move outpaced the S&P 500's daily gain of 1.11%. Meanwhile, the Dow gained 0.8%, and the Nasdaq, a tech-heavy index, added 1.24%.The maker of equipment for manufacturing semiconductors's stock has dropped by 6.98% in the past month, falling short of the Computer and Technology sector's gain of 0.85% and the S&P 500's gain of 0.48%.The upcoming earnings release of KLA will be of great interest to inv ...
KLA Announces Third Quarter Fiscal Year 2024 Earnings Date
Prnewswire· 2024-04-04 20:05
MILPITAS, Calif., April 4, 2024 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced that the company will review third quarter fiscal year 2024 earnings on Thursday, April 25, 2024 at 3 p.m. PT. The company's results will be published on the same day after the stock market closes, as well as supplemental disclosures including a shareholder letter and earnings slide presentation. All earnings disclosures as well as the live earnings webcast will be available on the Investor Relations page of KLA's ...
KLA (KLAC) Beats Stock Market Upswing: What Investors Need to Know
Zacks Investment Research· 2024-03-18 23:20
The most recent trading session ended with KLA (KLAC) standing at $690.70, reflecting a +0.99% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily gain of 0.63%. Meanwhile, the Dow experienced a rise of 0.2%, and the technology-dominated Nasdaq saw an increase of 0.82%.The maker of equipment for manufacturing semiconductors's stock has climbed by 3.41% in the past month, exceeding the Computer and Technology sector's gain of 1.16% and the S&P 500's ga ...
KLA (KLAC) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-03-12 23:21
In the latest market close, KLA (KLAC) reached $698.40, with a +1.9% movement compared to the previous day. This move outpaced the S&P 500's daily gain of 1.12%. Meanwhile, the Dow experienced a rise of 0.61%, and the technology-dominated Nasdaq saw an increase of 1.54%.The maker of equipment for manufacturing semiconductors's stock has climbed by 5.76% in the past month, exceeding the Computer and Technology sector's loss of 0.4% and the S&P 500's gain of 2.06%.Investors will be eagerly watching for the pe ...
KLA Corporation (KLAC) Morgan Stanley Technology, Media & Telecom Conference Call Transcript
2024-03-05 02:12
KLA Corporation (NASDAQ:KLAC) Morgan Stanley Technology, Media & Telecom Conference Call March 4, 2024 3:40 PM ET Company Participants Bren Higgins - EVP & CFO Conference Call Participants Joseph Moore - Morgan Stanley Joseph Moore Great. Thank you, everybody. Welcome back. I'm Joe Moore. Very happy to have with us today, the CFO of KLA, Bren Higgins. So Bren, maybe you could start out just with a little bit of an overview. We'll dig a little bit deeper into your targets and so forth. But maybe first, just ...
KLA Corporation (KLAC) Morgan Stanley Technology, Media & Telecom Conference Call Transcript
Seeking Alpha· 2024-03-05 02:12
KLA Corporation (NASDAQ:KLAC) Morgan Stanley Technology, Media & Telecom Conference Call March 4, 2024 3:40 PM ET Company Participants Bren Higgins - EVP & CFO Conference Call Participants Joseph Moore - Morgan Stanley Joseph Moore Great. Thank you, everybody. Welcome back. I'm Joe Moore. Very happy to have with us today, the CFO of KLA, Bren Higgins. So Bren, maybe you could start out just with a little bit of an overview. We'll dig a little bit deeper into your targets and so forth. But maybe first, just ...
KLA (KLAC) Surpasses Market Returns: Some Facts Worth Knowing
Zacks Investment Research· 2024-03-01 00:16
The latest trading session saw KLA (KLAC) ending at $682.30, denoting a +1.38% adjustment from its last day's close. The stock outpaced the S&P 500's daily gain of 0.52%. Elsewhere, the Dow saw an upswing of 0.12%, while the tech-heavy Nasdaq appreciated by 0.9%.Shares of the maker of equipment for manufacturing semiconductors have appreciated by 13.29% over the course of the past month, outperforming the Computer and Technology sector's gain of 1.9% and the S&P 500's gain of 3.85%.The investment community ...
KLA Announces Upcoming Investor Webcast
Prnewswire· 2024-02-14 21:30
MILPITAS, Calif., Feb. 14, 2024 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced the webcast for an upcoming investor conference: Monday, March 4, 2024 - Morgan Stanley Technology, Media & Telecom Conference at 12:40 p.m. PT The live webcast will be available on the Investor Relations page of KLA's website at http://ir.kla.com/ and a replay of the webcast will be posted after the event. Logo: https://mma.prnewswire.com/media/806571/KLA_Corporation_Logo.jpg  About KLA: KLA Corporation ("KLA") ...
KLA Declares Regular Cash Dividend
Prnewswire· 2024-02-07 23:00
MILPITAS, Calif., Feb. 7, 2024 /PRNewswire/ -- The KLA Corporation (NASDAQ: KLAC) Board of Directors today declared a quarterly cash dividend of $1.45 per share on its common stock, payable on March 1, 2024, to KLA shareholders of record as of the close of business on Feb. 19, 2024. Logo: https://mma.prnewswire.com/media/806571/KLA_Corporation_Logo.jpg  About KLA: KLA Corporation ("KLA") develops industry-leading equipment and services that enable innovation throughout the electronics industry. We provide a ...