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Lam Research (LRCX)
NASDAQ:LRCX
Lam Research (LRCX) Stock Price & Analysis
6,482 Followers
LRCX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$571.63 - $1,044.80
Previous Close$1,038.5
Volume620.51K
Average Volume (3M)947.64K
Market Cap
$135.77B
Enterprise Value$135.14B
Total Cash (Recent Filing)$5.62B
Total Debt (Recent Filing)$4.98B
Price to Earnings (P/E)38.2
Beta1.88
Next Earnings
Jul 24, 2024EPS Estimate
$7.56Next Dividend Ex-Date
Jun 18, 2024Dividend Yield0.74%
Share Statistics
EPS (TTM)27.20
Shares Outstanding130,741,000
10 Day Avg. Volume959,910
30 Day Avg. Volume947,642
Standard Deviation0.11
R-Squared0.48
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)21.05
Price to Sales (P/S)42.33
Price to Cash Flow (P/CF)23.30
P/FCF Ratio24.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.44
Enterprise Value/Gross Profit17.38
Enterprise Value/Ebitda29.36
Forecast
1Y Price Target
$1,027.38Price Target Upside-0.83% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering24
Lam Research News
Bulls Say, Bears Say
Bulls Say
Analyst RatingAnalysts maintain a Buy rating on Lam Research, indicating a favorable outlook for the stock's future performance.
Industry DemandDRAM demand up 151% year over year, strength driven by AI HBM demand, contributing to the positive outlook for LRCX.
Share Repurchase PlanLam Research announced a $10Bn share repurchase plan, showing the company's confidence in the business and strong cash flow generation.
Bears Say
Financial PerformanceNon-China revenue was -3% quarter over quarter (-27% year over year).
Geopolitical RisksPotential US-China restrictions could be a near-term headwind.
Market ExposureHigh China exposure (~40% in DecQ) remains a risk, and valuation has also reached low-/mid-20s NTM P/E, above historical high-teens.
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Ownership Overview
1.07% Insiders
25.88% Mutual Funds
43.54% Other Institutional Investors
29.51% 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 $571.63 and its highest was $1044.80 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 39 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 Overvalued.
Does Lam Research pay dividends?
Lam Research pays a Quarterly dividend of $2 which represents an annual dividend yield of 0.74%. See more information on Lam Research dividends here
What is Lam Research’s EPS estimate?
Lam Research’s EPS estimate is $7.56.
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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$1,027.38 (-0.83% Downside)
$1,027.38 (-0.83% Downside)
Blogger Sentiment
Bullish
LRCX Sentiment 88%
Sector Average 69%
Sector Average 69%
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 ▲ 1.2%
Last 30 Days ▲ 5.1%
Last 30 Days ▲ 5.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
67.33%
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
$1,027.38
▼(-0.83% Downside)
Technical Analysis
Best Analysts Covering LRCX
1 Year
1 Year Success Rate
17/19 ratings generated profit
1 Year Average Return
+49.15%
reiterated a buy rating 2 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 +49.15% per trade.
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