For its third fiscal quarter (ending March 31), KLA Corp (NASDAQ: KLAC) has reported E.P.S. of $4.46 compared to $5.06 a year ago. E.P.S. were $19.20 for the latest four quarters through March 31 versus $24.69 for the same period a year ago.
Recent Price Action
KLA Corp (NASDAQ: KLAC) stock enjoyed a large increase of 2.5% on 4/25/24. The stock closed at $672.95. NORMAL trading volume accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 2.1% during the last week.
Current PriceTarget Research Rating
KLAC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
KLA has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. KLA has a neutral Appreciation Score of 53 but a very high Power Rating of 95, resulting in the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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