KLA (KLAC) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Company Performance - KLA's stock closed at $686.19, with a daily increase of +0.55%, which was lower than the S&P 500's gain of 0.67% [1] - Over the past month, KLA's shares experienced a loss of 2.37%, outperforming the Computer and Technology sector's loss of 7.99% and the S&P 500's loss of 5.28% [1] Upcoming Earnings - KLA is expected to report an EPS of$ 8.06, reflecting a 53.23% increase from the same quarter last year, with projected revenue of $3 billion, a rise of 27.28% year-over-year [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict earnings of$ 31.57 per share and revenue of $11.9 billion, indicating increases of +32.98% and +21.29% respectively from the previous year [3] Analyst Sentiment - Recent changes in analyst estimates for KLA suggest a positive outlook, as these revisions often correlate with short-term business dynamics [3][4] Zacks Rank - KLA currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having decreased by 0.05% in the past month [5] Valuation Metrics - KLA's Forward P/E ratio stands at 21.62, which is higher than the industry average of 16.51, and it has a PEG ratio of 1.38, aligning with the industry average [6] Industry Context - The Electronics - Miscellaneous Products industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 175, placing it in the bottom 30% of over 250 industries [7]