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This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Ratings for KLA (NASDAQ:KLAC) were provided by 23 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 6 | 11 | 1 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 2 | 2 | 0 | 0 |
| 2M Ago | 1 | 0 | 4 | 0 | 0 |
| 3M Ago | 3 | 3 | 5 | 1 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for KLA, presenting an average target of $685.22, a high estimate of $850.00, and a low estimate of $550.00. Witnessing a positive shift, the current average has risen by 8.15% from the previous average price target of $633.57.
Investigating Analyst Ratings: An Elaborate Study
An in-depth analysis of recent analyst actions unveils how financial experts perceive KLA. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mark Lipacis | Evercore ISI Group | Announces | Outperform | $800.00 | - |
| C J Muse | Cantor Fitzgerald | Raises | Neutral | $800.00 | $625.00 |
| Joseph Quatrochi | Wells Fargo | Raises | Overweight | $805.00 | $760.00 |
| Mehdi Hosseini | Susquehanna | Maintains | Neutral | $675.00 | $675.00 |
| Brian Chin | Stifel | Maintains | Buy | $685.00 | - |
| Joseph Quatrochi | Wells Fargo | Raises | Overweight | $760.00 | $750.00 |
| Vivek Arya | B of A Securities | Raises | Buy | $850.00 | $740.00 |
| C J Muse | Cantor Fitzgerald | Maintains | Neutral | $625.00 | - |
| Timothy Arcuri | UBS | Raises | Neutral | $760.00 | $605.00 |
| C J Muse | Cantor Fitzgerald | Maintains | Neutral | $625.00 | - |
| C J Muse | Cantor Fitzgerald | Maintains | Neutral | $625.00 | - |
| C J Muse | Cantor Fitzgerald | Maintains | Neutral | $625.00 | - |
| C J Muse | Cantor Fitzgerald | Maintains | Neutral | $625.00 | - |
| Toshiya Hari | Goldman Sachs | Raises | Buy | $640.00 | $560.00 |
| Mehdi Hosseini | Susquehanna | Raises | Neutral | $675.00 | $640.00 |
| Tom O'Malley | Barclays | Raises | Underweight | $550.00 | $500.00 |
| C J Muse | Cantor Fitzgerald | Maintains | Neutral | $625.00 | - |
| Harlan Sur | JP Morgan | Raises | Overweight | $725.00 | $565.00 |
| Toshiya Hari | Goldman Sachs | Raises | Buy | $640.00 | $560.00 |
| Joseph Quatrochi | Wells Fargo | Raises | Overweight | $705.00 | $670.00 |
| Tammy Qiu | Berenberg | Raises | Buy | $690.00 | $670.00 |
| C J Muse | Cantor Fitzgerald | Announces | Neutral | $625.00 | - |
| Srini Pajjuri | Raymond James | Raises | Outperform | $625.00 | $550.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to KLA. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of KLA compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for KLA's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into KLA's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on KLA analyst ratings.
All You Need to Know About KLA
KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.
Understanding the Numbers: KLA's Finances
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Negative Revenue Trend: Examining KLA's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -16.66% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: KLA's net margin is impressive, surpassing industry averages. With a net margin of 23.43%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 19.31%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): KLA's ROA excels beyond industry benchmarks, reaching 4.1%. This signifies efficient management of assets and strong financial health.
Debt Management: KLA's debt-to-equity ratio surpasses industry norms, standing at 2.0. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
How Are Analyst Ratings Determined?
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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