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Lam Research (LRCX)
NASDAQ:LRCX
Lam Research (LRCX) Stock Price & Analysis
6,650 Followers
LRCX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$570.56 - $1,130.00
Previous Close$917.11
Volume1.41M
Average Volume (3M)976.24K
Market Cap
$119.90B
Enterprise Value$119.22B
Total Cash (Recent Filing)$5.67B
Total Debt (Recent Filing)$4.98B
Price to Earnings (P/E)33.7
Beta1.95
Next Earnings
Jul 31, 2024EPS Estimate
$7.58Last Dividend Ex-Date
Jun 18, 2024Dividend Yield0.87%
Share Statistics
EPS (TTM)27.20
Shares Outstanding130,741,000
10 Day Avg. Volume1,079,007
30 Day Avg. Volume976,242
Standard Deviation0.11
R-Squared0.48
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)21.31
Price to Sales (P/S)42.82
Price to Cash Flow (P/CF)23.60
P/FCF Ratio24.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.37
Enterprise Value/Gross Profit15.33
Enterprise Value/Ebitda24.59
Forecast
1Y Price Target
$1,044.50Price Target Upside13.89% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering23
Lam Research News
PremiumMarket News
QQQ ETF Update, 6/20/2024 
PremiumMarket News
QQQ ETF Update, 6/18/2024 
Bulls Say, Bears Say
Bulls Say
Industry GrowthLam Research is poised for growth driven by the industry's transition to 3D NAND and increased demand from AI applications.
Share Repurchase PlanLam Research announced a $10 billion share repurchase plan, showcasing strong confidence in business performance and commitment to returning cash flow to shareholders.
Stock SplitThe company announced a 10-for-1 stock split which will enhance employee participation in stock ownership plans and increase trading liquidity.
Bears Say
Financial PerformanceOperating expenses intensity has increased recently.
Market DemandSofter China demand is expected to cause industry growth to slow.
RestrictionsPotential restrictions on chips making equipment to China expand from advanced node to the trailing node and hamper the equipment sales in China.
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Ownership Overview
1.06% Insiders
26.19% Mutual Funds
31.05% Other Institutional Investors
41.70% 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 $570.56 and its highest was $1130.00 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 31, 2024 which is in 9 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 0.87%. See more information on Lam Research dividends here
What is Lam Research’s EPS estimate?
Lam Research’s EPS estimate is $7.58.
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
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$1,044.50 (13.89% Upside)
$1,044.50 (13.89% Upside)
Blogger Sentiment
Bullish
LRCX Sentiment 92%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 1.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $363.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.1%
Last 30 Days ▲ 5.5%
Last 30 Days ▲ 5.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
44.67%
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
$1,044.50
▲(13.89% Upside)
Technical Analysis
Best Analysts Covering LRCX
1 Year
1 Year Success Rate
17/19 ratings generated profit
1 Year Average Return
+49.68%
reiterated a buy rating 3 months 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 +49.68% per trade.
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