KLA CORPORATION

KLAC
Delayed Quote. Delayed  - 01/21 04:00:00 pm
373.03USD -2.67%

KLA Corporation : The technical configuration is positive

01/12/2022 | 10:39am
The editorial team
 

Strategy published on : 01/12/2022 | 10:39

long trade
Stop-loss triggered

Entry price : 436.09$
Target : 474.4$
Stop-loss : 394.4$
Potential : 8.78%

KLA Corporation's shares display attractive technical aspects to anticipate a comeback of the underlying trend.
Investors have an opportunity to buy the stock and target the $ 474.4.

Summary

● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.

● Overall, and from a short-term perspective, the company presents an interesting fundamental situation.


Strengths

● Before interest, taxes, depreciation and amortization, the company's margins are particularly high.

● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.

● The company is in a robust financial situation considering its net cash and margin position.

● Over the past year, analysts have regularly revised upwards their sales forecast for the company.

● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.

● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.

● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.

● The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.

● The opinion of analysts covering the stock has improved over the past four months.

● Consensus analysts have strongly revised their opinion of the company over the past 12 months.

● The group usually releases upbeat results with huge surprise rates.


Weaknesses

● The company's "enterprise value to sales" ratio is among the highest in the world.

● In relation to the value of its tangible assets, the company's valuation appears relatively high.

● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.

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