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Lam Research (LRCX)
NASDAQ:LRCX
Lam Research (LRCX) Stock Price & Analysis
6,228 Followers
LRCX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$477.63 - $1,005.22
Previous Close$963.23
Volume559.61K
Average Volume (3M)1.05M
Market Cap
$118.13B
Enterprise Value$123.41B
Total Cash (Recent Filing)$5.62B
Total Debt (Recent Filing)$4.98B
Price to Earnings (P/E)36.6
Beta1.77
Next Earnings
Apr 24, 2024EPS Estimate
$7.29Last Dividend Ex-Date
Mar 12, 2024Dividend Yield0.82%
Share Statistics
EPS (TTM)25.86
Shares Outstanding131,103,000
10 Day Avg. Volume720,792
30 Day Avg. Volume1,047,953
Standard Deviation0.11
R-Squared0.49
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)19.17
Price to Sales (P/S)39.37
Price to Cash Flow (P/CF)21.30
P/FCF Ratio22.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.62
Enterprise Value/Gross Profit15.87
Enterprise Value/Ebitda36.53
Forecast
1Y Price Target
$971.00Price Target Upside5.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering23
Lam Research News
PremiumMarket News
QQQ ETF Update, 3/6/2024
PremiumMarket News
QQQ ETF Update, 3/4/2024 Bulls Say, Bears Say
Bulls Say
Financial PerformanceLam Research executed well in the quarter as revenue, operating margin, and EPS all exceeded Street expectations.
Growth ForecastExpect WFE to Grow at a 8% CAGR to $220b Industry by 2032, as CapEx intensity increases to 22% from 17%.
Market PositionLRCX is well positioned to benefit from the SemiCap secular drivers, namely Bigger chips, Complex manufacturing, Trailing Node Buildouts and Semiconductor nationalization.
Bears Say
Financial PerformanceConsensus estimates modeling 10% growth year-over-year may be too high considering customer fab utilization rates remain low, indicating a potential slower recovery for the industry.
Geopolitical RisksRisks largely associated with high China exposure and geopolitical risk associated with the potential for trade restrictions within a globally diverse manufacturing base.
Operating MarginsRising research and development spending growth is expected to lead to modest operating margin compression in the near term, limiting operating leverage into the upcycle.
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Ownership Overview
1.07% Insiders
25.65% Mutual Funds
25.83% Other Institutional Investors
47.45% 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 $477.63 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 Apr 24, 2024 which is in 7 days.
How were Lam Research’s earnings last quarter?
Lam Research released its earnings results on Jan 24, 2024. The company reported $7.52 earnings per share for the quarter, beating the consensus estimate of $7.115 by $0.405.
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 0.82%. See more information on Lam Research dividends here
What is Lam Research’s EPS estimate?
Lam Research’s EPS estimate is $7.29.
How many shares outstanding does Lam Research have?
Lam Research has 131,103,000 shares outstanding.
What happened to Lam Research’s price movement after its last earnings report?
Lam Research reported an EPS of $7.52 in its last earnings report, beating expectations of $7.115. Following the earnings report the stock price went up 2.056%.
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:
$971.00 (5.86% Upside)
$971.00 (5.86% Upside)
Blogger Sentiment
Bullish
LRCX Sentiment 82%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 258.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 1.1%
Last 30 Days ▼ 1.0%
Last 30 Days ▼ 1.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
94.38%
12-Months-Change
Fundamentals
Return on Equity
41.85%
Trailing 12-Months
Asset Growth
-2.20%
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
Q2 2024
0:00 / 0:00
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LRCX Stock 12 Months Forecast
Average Price Target
$971.00
▲(5.86% Upside)
Technical Analysis
Best Analysts Covering LRCX
1 Year
1 Year Success Rate
16/18 ratings generated profit
1 Year Average Return
+53.17%
assigned a buy rating 3 months ago
Copying Toshiya Hari's trades and holding each position for 1 Year would result in 88.89% of your transactions generating a profit, with an average return of +53.17% per trade.
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