KLA (KLAC) Projected to Post Quarterly Earnings on Wednesday

by · The Markets Daily

KLA (NASDAQ:KLAC – Get Free Report) is expected to release its Q1 2027 results after the market closes on Wednesday, October 28th. Analysts expect KLA to announce earnings of $1.19 per share and revenue of $4.04 billion for the quarter. KLA has set its Q1 2027 guidance at 1.060-1.260 EPS. Individuals may review the information on the company’s upcoming Q1 2027 earnings report for the latest details on the call scheduled for Wednesday, October 28, 2026 at 5:00 PM ET.

KLA (NASDAQ:KLAC – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The semiconductor company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.05. KLA had a net margin of 35.57% and a return on equity of 87.66%. The firm had revenue of $3.66 billion for the quarter, compared to analysts’ expectations of $3.61 billion. During the same period in the prior year, the company posted $0.94 earnings per share. The firm’s quarterly revenue was up 15.2% on a year-over-year basis. On average, analysts expect KLA to post $5.43 EPS for the current fiscal year and $6.63 EPS for the next fiscal year.

KLA Stock Performance

Shares of KLAC stock opened at $145.61 on Monday. The stock has a market capitalization of $190.02 billion, a price-to-earnings ratio of 39.71, a PEG ratio of 1.29 and a beta of 1.45. KLA has a one year low of $107.20 and a one year high of $307.37. The company’s 50-day simple moving average is $182.06 and its 200-day simple moving average is $197.25. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.03 and a current ratio of 2.88.

KLA Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were issued a dividend of $0.23 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $0.92 dividend on an annualized basis and a yield of 0.6%. This is a boost from KLA’s previous quarterly dividend of $0.23. KLA’s dividend payout ratio (DPR) is 25.07%.

Insider Buying and Selling

In related news, CEO Richard Wallace sold 87,568 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $198.95, for a total transaction of $17,421,653.60. Following the completion of the transaction, the chief executive officer directly owned 778,944 shares in the company, valued at $154,970,908.80. This represents a 10.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Virendra A. Kirloskar sold 4,504 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $195.50, for a total value of $880,532.00. Following the completion of the sale, the chief accounting officer directly owned 7,972 shares in the company, valued at $1,558,526. This represents a 36.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 243,339 shares of company stock worth $46,903,454. 79.39% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Oppenheimer reiterated an “outperform” rating and issued a $260.00 target price (up from $200.00) on shares of KLA in a research report on Thursday, July 16th. Sanford C. Bernstein reissued an “outperform” rating and set a $225.00 price target on shares of KLA in a research report on Wednesday, July 29th. Stifel Nicolaus set a $250.00 price target on KLA and gave the company a “buy” rating in a research report on Wednesday, July 29th. UBS Group reduced their price objective on KLA from $215.00 to $200.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 1st. Finally, Weiss Ratings raised shares of KLA from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 16th. Nineteen investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $221.26.

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KLA Company Profile

(Get Free Report)

KLA Corporation (NASDAQ: KLAC) develops process control, inspection and yield management solutions for the semiconductor and other advanced manufacturing industries. Its technologies help manufacturers identify defects, measure critical dimensions and monitor production processes to improve quality, reliability and manufacturing efficiency.

The company’s product portfolio includes wafer and reticle inspection systems, metrology and measurement tools, defect review and classification systems, and software for analyzing manufacturing data.

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