KLA (KLAC) stock closed up 1.38%, underperforming S&P 500 but outperforming Dow and Nasdaq.
From Nasdaq: 2025-02-28 18:00:09
In the latest trading session, KLA (KLAC) closed at $708.84, up 1.38% from the previous day. The stock underperformed the S&P 500 but outperformed the Dow and Nasdaq. Over the past month, KLAC has dropped by 5.83%, worse than its sector and the S&P 500.
Investors await KLA’s upcoming earnings report, with predictions of an EPS of $8.07, up 53.42% from last year. Revenue is expected to reach $3.01 billion, a 27.4% increase. Analysts forecast full-year earnings of $31.59 per share and revenue of $11.91 billion, showing positive growth trends.
Analyst estimate revisions can impact stock prices. The Zacks Rank system tracks these changes, assigning a rank from #1 (Strong Buy) to #5 (Strong Sell). KLAC currently holds a #2 (Buy) rank. Valuation metrics show KLAC trading at a premium compared to its industry peers, with a Forward P/E ratio of 22.13 and a PEG ratio of 1.42.
For the next 30 days, experts recommend keeping an eye on KLAC and 6 other Zacks Rank #1 Strong Buy stocks, known for early price pops. This list has historically outperformed the market, averaging a +24.3% annual gain since 1988. Visit Zacks.com for more insights on stock-moving metrics and upcoming trading sessions.
Read more at Nasdaq: KLA (KLAC) Ascends But Remains Behind Market: Some Facts to Note
