Quote Overview

Stock Activity

Open	656.98
Day Low	650.01
Day High	677.72
52 Wk Low	355.88
52 Wk High	729.15
Avg. Volume	822,302
Market Cap	88.79 B
Dividend	5.80 ( 0.88%)
Beta	1.34

Key Earnings Data

Earnings ESP	-2.08%
Most Accurate Est	4.84
Current Qtr Est	4.94
Current Yr Est	22.61
Exp Earnings Date	^*AMC4/25/24
Prior Year EPS	25.37
Exp EPS Growth (3-5yr) 8.87%
Forward PE	29.04
PEG Ratio	3.27

Computer and Technology » Electronics - Miscellaneous Products

*BMO = Before Market Open *AMC = After Market Close

Research Reports for KLAC

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Style Scores F Value D Growth B Momentum F VGM
Zacks Rank	Sell 4
Zacks Industry Rank	Bottom 38%(157 out of 252)
Zacks Sector Rank	Top 31% (5 out of 16)
Earnings ESP	-2.08%
Research Reports for KLAC Analyst \| Snapshot

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Top Peers	Symbol	Zacks Rank
KLA	KLAC
Brother Industries	BRTHY
Qell Acquisition	LILM
SIGMA LITHIUM	SGML
Smc	SMCAY
Trimble	TRMB
Carrier Global	CARR

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Company Summary

San Jose, CA-based KLA Corporation is an original equipment manufacturer (OEM) of process diagnostics and control (PDC) equipment and yield management solutions required for the fabrication of semiconductor integrated circuits (ICs) or chips. The company has a comprehensive portfolio of products addressing each major PDC subsegment—photomask (reticle) inspection, wafer inspection/defect review and metrology.

Reticle production is vital to the semiconductor device formation process. Reticles are used to control the precise deposition of materials onto the wafer, which ultimately change its chemical characteristics, imparting specific functionalities to the ICs thus created. Inspection and metrology tools measure the quality of the reticles, helping to improve reticle production yields. As a result of the broader applicability of semiconductors, shrinking form factors and increasing functionalities of individual chips, reticle design and production are growing in importance. Intel and Taiwan Semiconductor were the largest customers in the last three years, accounting for more than 10% of total sales in each year.

KLA reported revenues of $10.496 billion in fiscal 2023. Product revenues accounted for 79.8% while the rest came from Service segment.

KLA’s two main product lines are defect inspection and metrology. The company’s defect inspection tools have very broad application in chip, wafer, reticle, storage, compound semiconductor and MEMS manufacturing. Metrology tools are used to gather critical dimension measurements of the wafer and process dimensions such as film thickness, lithography overlay and surface profiling. The company’s metrology products are used in chip, wafer, reticle and solar device manufacturing. KLA also offers other products and services.

In addition to new tools, KLA also offers a comprehensive portfolio of refurbished tools that upgrade and improve yields of existing equipment under the KT-Certified program. Refurbished tools are currently sold to IC, reticle, substrate, MEMS and data storage manufacturers.

Although KLA is a major player in each of its served markets, it faces competition from other large equipment suppliers such as Applied Materials and Hitachi High-Technologies Corporation.