Company Performance - KLA's stock closed at $871.16, down 2.45% from the previous day, underperforming the S&P 500 which fell 0.03% [1] - The stock has increased by 13% over the past month, outperforming the Computer and Technology sector's gain of 3.02% and the S&P 500's gain of 0.6% [1] Upcoming Earnings - KLA is expected to report an EPS of $8.53, reflecting a growth of 29.24% year-over-year [2] - Quarterly revenue is projected to be $3.08 billion, up 19.74% from the same period last year [2] Annual Forecast - Zacks Consensus Estimates predict earnings of $32.46 per share and revenue of $12.05 billion for the year, indicating increases of 36.73% and 22.77% respectively compared to the previous year [3] - Recent analyst estimate revisions suggest a positive outlook for KLA's business [3] Valuation Metrics - KLA has a Forward P/E ratio of 27.51, which is higher than the industry average of 18.69, indicating a premium valuation [6] - The company has a PEG ratio of 1.7, compared to the industry average of 1.69 [7] Industry Context - KLA operates within the Electronics - Miscellaneous Products industry, which is part of the Computer and Technology sector [8] - The industry has a Zacks Industry Rank of 143, placing it in the bottom 42% of over 250 industries, suggesting weaker performance compared to higher-ranked industries [8]
Why KLA (KLAC) Dipped More Than Broader Market Today