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KLA Corp (KLAC) Files 10-K for the Fiscal Year Ended on June 30, 2019

KLA Corp (NASDAQ:KLAC) files its latest 10-K with SEC for the fiscal year ended on June 30, 2019. KLA-Tencor Corp designs and manufactures yield-management and process-monitoring systems for the semiconductor industry. The company also provides systems for optical metrology and e-beam metrology. KLA Corp has a market cap of $22 billion; its shares were traded at around $136.12 with a P/E ratio of 18.05 and P/S ratio of 4.68. The dividend yield of KLA Corp stocks is 2.21%. KLA Corp had annual average EBITDA growth of 21.20% over the past five years. GuruFocus has detected 2 severe warning signs with KLA Corp. .

For the last quarter KLA Corp reported a revenue of $1.3 billion, compared with the revenue of $1.1 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $4.6 billion, an increase of 13.2% from last year. For the complete 30-year financial data, please go here.. For the last five years KLA Corp had an average revenue growth rate of 10.4% a year.

The reported diluted earnings per share was $7.49 for the year, an increase of 46.9% from previous year. Over the last five years KLA Corp had an EPS growth rate of 20.7% a year. The KLA Corp had a decent operating margin of 30.41%, compared with the operating margin of 38.08% a year before. The 10-year historical median operating margin of KLA Corp is 31.23%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, KLA Corp has the cash and cash equivalents of $1.7 billion, compared with $1.4 billion in the previous year. The long term debt was $3.2 billion, compared with $2.2 billion in the previous year. The interest coverage to the debt is at a comfortable level of 14.9. KLA Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $136.12, KLA Corp is traded at 30% premium to its historical median P/S valuation band of $104.73. The P/S ratio of the stock is 4.68, while the historical median P/S ratio is 3.60. The stock gained 19.77% during the past 12 months.

CFO Recent Trades:

  • EVP & CFO Bren D. Higgins sold 1,669 shares of KLAC stock on 08/07/2019 at the average price of $134.16. The price of the stock has increased by 1.46% since.
  • EVP & CFO Bren D. Higgins sold 1,654 shares of KLAC stock on 08/05/2019 at the average price of $130.1. The price of the stock has increased by 4.63% since.

Directors and Officers Recent Trades:

  • Director Kevin Kennedy sold 2,500 shares of KLAC stock on 08/08/2019 at the average price of $136.32. The price of the stock has decreased by 0.15% since.
  • Executive Vice President Brian M. Trafas sold 3,859 shares of KLAC stock on 08/07/2019 at the average price of $134.16. The price of the stock has increased by 1.46% since.
  • SVP & Chief Accounting Officer Virendra A Kirloskar sold 2,282 shares of KLAC stock on 08/07/2019 at the average price of $134.16. The price of the stock has increased by 1.46% since.
  • SVP & Chief Accounting Officer Virendra A Kirloskar sold 1,988 shares of KLAC stock on 08/06/2019 at the average price of $130.46. The price of the stock has increased by 4.34% since.
  • SVP Brian Lorig sold 2,529 shares of KLAC stock on 08/06/2019 at the average price of $130.53. The price of the stock has increased by 4.28% since.

For the complete 20-year historical financial data of KLAC, click here.

This article first appeared on GuruFocus.