Added to YB: 2024-07-30
Pitch date: 2024-07-28
KLAC [neutral]
KLA Corporation
+52.49%
current return
Author Info
No bio for this author
Company Info
KLA Corporation, together with its subsidiaries, designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide.
Market Cap
$159.6B
Pitch Price
$782.93
Price Target
873.00 (-27%)
Dividend
0.63%
EV/EBITDA
28.35
P/E
38.15
EV/Sales
12.85
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Time to buy or not? - KLA Corporation shows why it is in its own league
KLAC: Semicond. equip maker; Q4 rev $2.57B (+9% YoY), EPS $6.60 (+24%). Strong AI demand, high margins (62.5% gross, 41% op). FCF $3B LTM. China risk (44% sales). 2024 WFE mkt $90B+. Q1 guide: rev $2.75B (+14.6% YoY), EPS $7 (+22%). Hold @ 26x PE, $873 PT (5-6% upside). Buy < $830.
Read full article (7 min)