7 Basic Materials Stocks to Buy to Anchor Your Portfolio
The movement of basic materials stocks requires investors to keep a keen eye on the state of the economy to determine profitability. Raw materials such as plastic, steel, and lumber will always be in demand. Here are 7 stocks to take advantage of the growing demand!
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Shares Stats
| Shares Outstanding | 154,075,008 |
| Shares Float | 153,752,635 |
| Shares Short | 2,691,359 |
| Insider Holdings | 28% |
| Institution Holdings | 98.02% |
About KLA Corporation
KLA Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide. The company offers chip and wafer manufacturing products, including defect inspection and review systems, metrology solutions, in situ process monitoring products, computational lithography software, and data analytics systems for chip manufacturers to manage yield throughout the semiconductor fabrication process. It also provides reticle manufacturing products, such as reticle inspection, metrology, and data analytics systems for mask shops; and packaging manufacturing products comprising packaging process control on wafer, automated optical inspection, data analytics, and packaging process control after singulation. In addition, the company offers compound semiconductor, power device, light emitting diode, and microelectromechanical system manufacturing products; data storage media/head manufacturing products; general purpose/lab applications; and previous-generation KLA systems. Further, it provides wafer processing solutions; printed circuit boards, and display and inspection components; products for the deposition of thin film coating of materials on crystalline silicon photovoltaic wafers; and other services. The company offers its products and services for use by various bare wafer, integrated circuit, reticle, and hard disk drive manufacturers. The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was founded in 1975 and is headquartered in Milpitas, California.
General
| Name | KLA Corporation |
| Ticker | KLAC |
| Exchange | NASDAQ |
| Sector | Technology |
| Industry | Semiconductor Equipment & Materials |
| Currency | USD |
| Country | USA |
| Fiscal Year End | June |
| Full Time Employees | 10,600 |
Highlights
| Analyst Target | 323.65 |
| Market Cap | 45,650,886,656 |
| PE Ratio | 38.66 |
| PEG Ratio | 1.94 |
| EBITDA | 2,305,745,920 |
Financials
| Curr Year EPS Estimate | 13.36 |
| Next Quarter EPS Estimate | 3.21 |
| Profit Margin | 0.23 |
| Return on Assets | 0.13 |
| Return on Equity | 0.48 |
| Revenue | 6,073,047,040 |
| Earnings Per Share | 8.74 |
| Revenue Per Share | 39.13 |
| Gross Profit | 3,356,863,000 |
| Quarterly Revenue Growth | 0.09 |
Valuation
| Trailing PE | 33.89 |
| Forward PE | 20.70 |
| Price/Sales (Trailing 12 Mt.) | 7.86 |
| Price/Book (Most Recent Quarter) | 14.88 |
Dividend
KLA Corporation pays out a dividend of $3.50 per share, with a dividend yield of 0.75%.
KLAC's last dividend payment was made to shareholders on March 2, 2021.
They pay out 30.95% of their earnings out as a dividend.
Recent Dividends
| May 31, 2024 | $1.45 |
| Mar 1, 2024 | $1.45 |
| Dec 1, 2023 | $1.45 |
| Sep 1, 2023 | $1.30 |
| Jun 1, 2023 | $1.30 |
| Mar 1, 2023 | $1.30 |
| Dec 1, 2022 | $1.30 |
| Sep 1, 2022 | $1.30 |
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