KLA (KLAC) closed at $700, down -0.79%, underperforming S&P 500, Dow, and Nasdaq. Stock fell 4.47% in past month, worse than sector but better than S&P 500. Earnings release expected, analysts project $8.07 per share, 53.42% YoY growth. Zacks estimates $31.59 EPS for year, +33.07% change. Stock holds Zacks Rank of #3 (Hold).

Forward P/E ratio for KLAC at 22.33, premium to industry average of 19.29. PEG ratio at 1.43, same as industry average. Electronics – Miscellaneous Products industry Zacks Rank 153, bottom 40% of industries. Top 50% rated industries outperform lower half 2 to 1. To track KLAC, visit Zacks.com.

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Read more at Nasdaq: Here’s Why KLA (KLAC) Fell More Than Broader Market