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Lam Research (LRCX)
NASDAQ:LRCX
Lam Research (LRCX) Stock Price & Analysis
6,314 Followers
LRCX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$524.34 - $1,005.22
Previous Close$903.79
Volume575.05K
Average Volume (3M)987.95K
Market Cap
$118.16B
Enterprise Value$117.52B
Total Cash (Recent Filing)$5.62B
Total Debt (Recent Filing)$4.98B
Price to Earnings (P/E)33.2
Beta1.83
Next Earnings
Jul 24, 2024EPS Estimate
$7.54Last Dividend Ex-Date
Mar 12, 2024Dividend Yield0.85%
Share Statistics
EPS (TTM)27.20
Shares Outstanding130,741,000
10 Day Avg. Volume757,045
30 Day Avg. Volume987,947
Standard Deviation0.11
R-Squared0.50
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)18.49
Price to Sales (P/S)36.84
Price to Cash Flow (P/CF)20.60
P/FCF Ratio21.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.21
Enterprise Value/Gross Profit15.11
Enterprise Value/Ebitda34.79
Forecast
1Y Price Target
$1,017.37Price Target Upside11.49% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering22
Lam Research News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceLam Research has demonstrated impressive shareholder returns and a highly visible dividend track record, indicating a robust financial health and commitment to returning value to investors.
Industry TrendRiding on the industry’s transition from 2D NAND to 3D NAND, companies are poised to benefit from advancements in technology, marking a positive shift in the semiconductor landscape.
Market OutlookWith analysts maintaining a Buy rating and raising price targets, the stock is seen as having a positive outlook, bolstered by expectations of a NAND recovery and strong demand in artificial intelligence applications.
Bears Say
Financial PerformanceNon-China revenue decline and a forecasted reduction in China revenues may lead to margin pressures.
Geopolitical ConcernsGeopolitical risks and potential US-China restrictions could be a near-term headwind for the company.
Market ValuationValuations remain elevated, and concerns related to China could negatively impact the company's overall performance.
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Ownership Overview
1.07% Insiders
25.63% Mutual Funds
40.81% Other Institutional Investors
32.48% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LRCX FAQ
What was Lam Research’s price range in the past 12 months?
Lam Research lowest stock price was $524.34 and its highest was $1005.22 in the past 12 months.
What is Lam Research’s market cap?
Currently, no data Available
When is Lam Research’s upcoming earnings report date?
Lam Research’s upcoming earnings report date is Jul 24, 2024 which is in 70 days.
How were Lam Research’s earnings last quarter?
Lam Research released its earnings results on Apr 24, 2024. The company reported $7.79 earnings per share for the quarter, beating the consensus estimate of $7.298 by $0.492.
Is Lam Research overvalued?
According to Wall Street analysts Lam Research’s price is currently Undervalued.
Does Lam Research pay dividends?
Lam Research pays a Quarterly dividend of $2 which represents an annual dividend yield of 0.85%. See more information on Lam Research dividends here
What is Lam Research’s EPS estimate?
Lam Research’s EPS estimate is $7.54.
How many shares outstanding does Lam Research have?
Lam Research has 130,741,000 shares outstanding.
What happened to Lam Research’s price movement after its last earnings report?
Lam Research reported an EPS of $7.79 in its last earnings report, beating expectations of $7.298. Following the earnings report the stock price went up 1.874%.
Which hedge fund is a major shareholder of Lam Research?
Among the largest hedge funds holding Lam Research’s share is Fisher Asset Management LLC. It holds Lam Research’s shares valued at 2B.
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Lam Research Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$1,017.37 (11.49% Upside)
$1,017.37 (11.49% Upside)
Blogger Sentiment
Bullish
LRCX Sentiment 83%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 258.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $363.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
73.29%
12-Months-Change
Fundamentals
Return on Equity
43.95%
Trailing 12-Months
Asset Growth
-5.01%
Trailing 12-Months
Company Description
Lam Research
Founded in 1980, California-based Lam Research Corp. manufactures, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide. It offers thin film deposition, plasma etch, photoresist strip, and wafer cleaning.
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LRCX Company Deck
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LRCX Earnings Call
Q3 2024
0:00 / 0:00
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LRCX Revenue Breakdown
61.37% Systems Revenue
38.63% Customer support-related revenue and other
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LRCX Stock 12 Month Forecast
Average Price Target
$1,017.37
▲(11.49% Upside)
Technical Analysis
Best Analysts Covering LRCX
1 Year
1 Year Success Rate
17/19 ratings generated profit
1 Year Average Return
+48.25%
reiterated a buy rating 20 days ago
Copying Toshiya Hari's trades and holding each position for 1 Year would result in 89.47% of your transactions generating a profit, with an average return of +48.25% per trade.
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