Latest news with #KLA
Yahoo
19 hours ago
- Business
- Yahoo
KLA (KLAC) Stock Falls Amid Market Uptick: What Investors Need to Know
In the latest close session, KLA (KLAC) was down 4.86% at $892.22. This change lagged the S&P 500's 0.06% gain on the day. Elsewhere, the Dow saw an upswing of 0.41%, while the tech-heavy Nasdaq depreciated by 0.39%. The stock of maker of equipment for manufacturing semiconductors has risen by 9.52% in the past month, lagging the Computer and Technology sector's gain of 9.6% and overreaching the S&P 500's gain of 5.88%. The investment community will be closely monitoring the performance of KLA in its forthcoming earnings report. The company is scheduled to release its earnings on July 31, 2025. The company is predicted to post an EPS of $8.53, indicating a 29.24% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $3.08 billion, indicating a 19.75% growth compared to the corresponding quarter of the prior year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $32.46 per share and a revenue of $12.05 billion, indicating changes of +36.73% and 0%, respectively, from the former year. Investors should also pay attention to any latest changes in analyst estimates for KLA. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.35% higher. KLA is currently sporting a Zacks Rank of #2 (Buy). In the context of valuation, KLA is at present trading with a Forward P/E ratio of 28.28. This indicates a premium in contrast to its industry's Forward P/E of 18.85. Also, we should mention that KLAC has a PEG ratio of 1.75. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Electronics - Miscellaneous Products industry currently had an average PEG ratio of 1.81 as of yesterday's close. The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 79, finds itself in the top 32% echelons of all 250+ industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report KLA Corporation (KLAC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business News Wales
a day ago
- Business
- Business News Wales
Cardiff Capital Region Invests £6.25m in KLA's Manufacturing and R&D Centre in Newport
Cardiff Capital Region (CCR) and Newport City Council are contributing £7 million towards a new manufacturing and R&D facility at Imperial Park, Newport – part of the compound semiconductor cluster which is expected to boost skilled employment in the region. CCR supported US semiconductor equipment manufacturer KLA with a £6.25 million grant to facilitate the expansion of the highly innovative new manufacturing and R&D facility in Imperial Park. An additional £750,000 was granted from Newport City Council for the same project, and the total sum of £7m will be committed over the next four years. The Secretary of State for Wales, Jo Stevens, visited KLA Corporation's newly opened manufacturing and R&D facility, along with Cllr Dimitri Batrouni, the Leader of Newport City Council and senior managers from CCR. The new 237,000 facility includes manufacturing space, a fabrication plant, as well as office space for 750 employees, and is located within the compound semiconductor cluster in Newport, next to CCR's CSC Foundry. Secretary of State for Wales Jo Stevens said: 'I'm delighted to see this investment into the world-leading compound semiconductor cluster in Newport. KLA's new facilities mean they can expand and employ more highly skilled people. 'The UK Government's funding for Cardiff Capital Region and the local Investment Zone is helping drive economic growth in a sector where Wales leads the way, delivering the plan that we have set out in our Industrial Strategy.' Cllr Dimitri Batrouni, Leader of Newport City Council, said: 'This investment from CCR represents a stake in the new industries of the future, the new advanced manufacturing that is being built here in Newport on a massive scale. To drive a semiconductor plant such as KLA's, we need people, and we need skills and other companies in the local supply chain to make it all happen. 80% of these needs are coming from within the region and this is a great opportunity for the economy of South East Wales.' Andrew Evans, Senior Director, Commercial Legal, at KLA, said: 'The investments from both KLA and CCR into this new site reinforce the importance of Wales to KLA's global operations. The technologies created and developed in Wales are critical not only to our customers in Europe but globally too. The technology and infrastructure, combined with the skilled talent pool here continue to make this operation in Newport very competitive on the global semiconductor landscape.'
South Wales Argus
5 days ago
- Business
- South Wales Argus
Newport to benefit from £7 million semiconductor investment
KLA Corporation has announced a £7 million investment to expand its semiconductor research and manufacturing operations in Newport, delivering a major boost to Gwent's thriving tech sector. The funding includes £6.25 million from Cardiff Capital Region and £750,000 from Newport City Council, supporting the development of a 237,000 facility at Imperial Park. The site will house manufacturing space, a fabrication plant, and offices for up to 750 employees, placing Newport firmly on the map as a hub for compound semiconductor innovation. The new facility is located within Gwent's established compound semiconductor cluster and is expected to play a key role in advancing the UK's industrial strategy, and will also be vital to any plans for boosting defence capability. The investment aligns with the goals of the local Investment Zone initiative, which aims to drive economic growth and create high-value jobs in the Gwent area. Jo Stevens, Secretary of State for Wales, welcomed the announcement of more public money, highlighting its potential to deliver skilled employment and long-term prosperity for the region. Andrew Evans, Senior Director at KLA, said the expansion reflects Wales's strategic importance to KLA's global operations and its commitment to innovation. The UK government has argued that such public investment will further strengthen the connection investors like KLA have to the Gwent area. This latest move follows a £250 million investment by Vishay Intertechnology into Newport Wafer Fab earlier this year, further cementing the area's reputation as a semiconductor powerhouse. Together, these developments signal a new chapter for Newport, positioning it as a key player in the global supply chain for advanced electronics and chip technologies. KLA Corporation, headquartered in California, is a global leader in semiconductor process control. The company was formed in 1997 and provides technologies that help detect defects, improve production yield, and accelerate innovation in chip design and fabrication. Operating in over 20 countries and employing around 15,000 people, KLA reported revenues of $9.81 billion last year. Its customers include major semiconductor manufacturers worldwide, and its tools are essential for producing the ultra-precise chips used in your smartphone, AI systems, driverless vehicles, and more. The Newport expansion represents a significant step forward in Gwent's and the M4 corridor's rising profile in the semiconductor industry, according to KLA and politicians.
Yahoo
5 days ago
- Business
- Yahoo
KLA Corporation (KLAC) Is One Of The Most Important Companies In America, Says Jim Cramer
We recently published . KLA Corporation (NASDAQ:KLAC) is one of the stocks Jim Cramer recently discussed. KLA Corporation (NASDAQ:KLAC) is a semiconductor manufacturing equipment provider whose machines are used throughout the manufacturing process. Some regions where its products are used include measuring chip defects and ensuring that the wafers and the machines are aligned properly. KLA Corporation (NASDAQ:KLAC)'s shares have gained 44% year-to-date due to a 31% jump since early May. The stock has performed well due to robust earnings and positive analyst sentiment. Cramer's previous comments about KLA Corporation (NASDAQ:KLAC) have called the firm the 'brains' behind the semiconductor industry. Here are his recent thoughts: 'AMAT is about to have a renaissance. Because our companies are really, KLA, most importantly, Tim Archer at Lam, this is where the big intellectual property for our companies. And we don't talk about it enough, is making chips. Those are the companies that preside over the greatness of the cycle. I wonder if Jensen might even agree with me on that.' The inner workings of a semiconductor manufacturing facility, neon hued machines humming with activity. In his previous comments, Cramer discussed KLA Corporation (NASDAQ:KLAC)'s advantages in the global industrial equipment manufacturing industry: 'People think we don't make anything in this country, but KLA proves them wrong. They make the most sophisticated equipment in the world and export 88% of their products. This is where the real intellectual property resides—this is what we do best in America.' While we acknowledge the potential of KLAC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNA
16-07-2025
- Business
- CNA
HPE adds KLA chair to board in pact with activist investor Elliott
Hewlett Packard Enterprise has agreed to cooperate with activist investor Elliott Investment Management and added a veteran tech executive to its board as part of efforts to boost shareholder value following its Juniper Networks acquisition. Robert Calderoni, chairman of chip tools maker KLA, has joined HPE's board and will lead a new strategy committee formed under a cooperation agreement with Elliott that includes information-sharing, the company said on Wednesday. Elliott, which holds a stake of more than $1.5 billion in HPE, also has the right to appoint an employee to HPE's board under the agreement that lasts at least a year and prevents the hedge fund from launching proxy contests. The announcement is a win for Elliott, which manages about $72.7 billion in assets and has a long history of pushing for changes at companies including Southwest Airlines, Phillips 66 and Texas Instruments. Elliott has been pushing ahead with campaigns globally this year despite market volatility that led many peers to settle. It won two seats at oil refiner Phillips 66 in May in a high-profile proxy fight. Shares of HPE, which makes servers deployed in data centers for AI workloads, were little changed in morning trading on Wednesday. The stock has declined 5 per cent so far this year, underperforming AI server rivals such as Dell Technologies and the benchmark S&P 500 index. Demand has boomed for AI servers as big tech companies and startups race to roll out generative AI services such as ChatGPT that require huge amounts of computing power. But the business has been a drag on margins because of the high costs of advanced chips designed by the likes of Nvidia and Advanced Micro Devices. HPE said its strategy committee will also include independent board directors Gary Reiner, Raymond Lane and Charles Noski. It also said Calderoni and any Elliott employee director would be nominated to stand for election at HPE's 2026 annual shareholder meeting.
