Lam Research Corporation Company Profile (NASDAQ:LRCX)

About Lam Research Corporation

Lam Research Corporation logoLam Research Corporation is a supplier of wafer fabrication equipment and services to the semiconductor industry. The Company designs, manufactures, markets, refurbishes and services semiconductor processing systems that are used in the fabrication of integrated circuits (ICs). It operates through manufacturing and servicing of wafer processing semiconductor manufacturing equipment segment. Its products are designed to enable its customers build a range of devices that are used in a range of electronic products, including cell phones, tablets, computers, storage devices, and networking equipment. Its customer base includes semiconductor memory, foundry, and integrated device manufacturers (IDMs) that make products, such as dynamic random-access memory (DRAM), negative-AND (NAND) memory and logic devices. It offers a portfolio of products that are used in several areas of the semiconductor manufacturing process flow, including thin film deposition, plasma etch and single-wafer clean.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Semiconductor Equipment & Materials
  • Sub-Industry: Semiconductor Equipment
  • Exchange: NASDAQ
  • Symbol: LRCX
  • CUSIP: 51280710
Key Metrics:
  • Previous Close: $110.54
  • 50 Day Moving Average: $106.29
  • 200 Day Moving Average: $97.22
  • 52-Week Range: $63.10 - $111.10
  • Trailing P/E Ratio: 21.66
  • Foreward P/E Ratio: 13.73
  • P/E Growth: 1.14
  • Market Cap: $17.76B
  • Outstanding Shares: 162,829,000
  • Beta: 1.49
Profitability:
  • Net Margins: 15.02%
  • Return on Equity: 18.43%
  • Return on Assets: 9.94%
Debt:
  • Debt-to-Equity Ratio: 0.53%
  • Current Ratio: 3.86%
  • Quick Ratio: 3.49%
Additional Links:
Companies Related to Lam Research Corporation:

Analyst Ratings

Consensus Ratings for Lam Research Corporation (NASDAQ:LRCX) (?)
Ratings Breakdown: 2 Hold Ratings, 16 Buy Ratings
Consensus Rating:Buy (Score: 2.89)
Consensus Price Target: $110.63 (1.35% upside)

Analysts' Ratings History for Lam Research Corporation (NASDAQ:LRCX)
Show:
DateFirmActionRatingPrice TargetDetails
1/13/2017RBC Capital MarketsReiterated RatingOutperform$110.00 -> $120.00View Rating Details
1/13/2017Royal Bank Of CanadaBoost Price TargetOutperform$110.00 -> $120.00View Rating Details
12/19/2016Goldman Sachs Group, Inc. (The)UpgradeNeutral -> Buy$116.00 -> $125.00View Rating Details
11/29/2016Citigroup Inc.Set Price TargetBuy$123.00View Rating Details
11/26/2016B. RileyReiterated RatingBuy$120.00View Rating Details
11/22/2016Cowen and CompanyReiterated RatingOutperform$100.00 -> $105.00View Rating Details
11/21/2016Deutsche Bank AGReiterated RatingBuyView Rating Details
11/21/2016Bank of America CorporationReiterated RatingBuy$115.00View Rating Details
11/21/2016Stifel NicolausBoost Price TargetBuy$110.00 -> $116.00View Rating Details
10/20/2016NomuraBoost Price TargetNeutral$85.00 -> $95.00View Rating Details
10/17/2016Needham & Company LLCReiterated RatingBuy$115.00 -> $120.00View Rating Details
10/8/2016Morgan StanleyReiterated RatingOverweight$105.00View Rating Details
10/6/2016Credit Suisse GroupReiterated RatingBuy$100.00View Rating Details
10/6/2016J P Morgan Chase & CoReiterated RatingBuyView Rating Details
8/15/2016DA DavidsonReiterated RatingBuy$110.00View Rating Details
8/13/2016SusquehannaReiterated RatingNeutralView Rating Details
8/11/2016Pacific CrestSet Price TargetBuy$101.00View Rating Details
7/18/2016BlueFin ResearchUpgradePositiveView Rating Details
10/6/2015Piper Jaffray CompaniesReiterated RatingBuy$94.00View Rating Details
7/17/2015Summit ResearchReiterated RatingBuyView Rating Details
4/14/2015KeyCorpLower Price TargetOverweight$103.00 -> $100.00View Rating Details
1/29/2015Jefferies GroupBoost Price TargetBuy$83.00 -> $93.00View Rating Details
(Data available from 1/18/2015 forward)

Earnings

Earnings History for Lam Research Corporation (NASDAQ:LRCX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/25/2017        
10/19/2016Q1$1.78$1.81$1.63 billion$1.63 billionViewListenView Earnings Details
7/27/2016Q4$1.64$1.80$1.53 billion$1.55 billionViewListenView Earnings Details
4/20/2016Q3$1.10$1.18$1.31 billion$1.31 billionViewListenView Earnings Details
1/27/2016Q2$1.43$1.57$1.41 billion$1.43 billionViewListenView Earnings Details
10/21/2015Q1$1.71$1.82$1.60 billion$1.60 millionViewListenView Earnings Details
7/29/2015Q4$1.47$1.50$1.46 million$1.40 millionViewListenView Earnings Details
4/20/2015Q315$1.30$1.40$1.39 billionViewN/AView Earnings Details
1/28/2015Q215$1.13$1.19$1.23 billion$1.23 billionViewN/AView Earnings Details
10/22/2014Q115$0.93$0.96$1.15 billion$1.15 billionViewListenView Earnings Details
7/30/2014Q414$1.23$1.25$1.24 billion$1.25 billionViewN/AView Earnings Details
4/23/2014Q314$1.16$1.26$1.22 billion$1.23 billionViewListenView Earnings Details
1/29/2014Q214$1.03$1.10$1.10 billion$1.12 billionViewN/AView Earnings Details
10/23/2013Q114$0.71$0.81$1.01 billion$1.02 billionViewN/AView Earnings Details
7/31/2013Q4 2013$0.71$0.80$981.93 million$986.00 millionViewN/AView Earnings Details
4/24/2013Q3 2013$0.36$0.44$837.66 million$844.90 millionViewN/AView Earnings Details
1/23/2013Q2 2013$0.44$0.45$852.36 million$860.10 millionViewN/AView Earnings Details
10/17/2012$0.41$0.53ViewN/AView Earnings Details
7/25/2012$0.64$0.60ViewN/AView Earnings Details
4/18/2012$0.45$0.50ViewN/AView Earnings Details
1/25/2012$0.30$0.34ViewN/AView Earnings Details
10/19/2011$0.65$0.63ViewN/AView Earnings Details
7/27/2011$1.09$1.14ViewN/AView Earnings Details
4/20/2011$1.36$1.45ViewN/AView Earnings Details
1/26/2011$1.57$1.74ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Lam Research Corporation (NASDAQ:LRCX)
Current Year EPS Consensus Estimate: $8.18 EPS
Next Year EPS Consensus Estimate: $7.95 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165$1.08$1.40$1.20
Q2 20163$1.40$1.55$1.45
Q3 20162$1.65$1.78$1.72
Q4 20163$1.63$1.94$1.73
Q1 20173$1.70$1.79$1.75
Q2 20172$2.18$2.20$2.19
Q3 20172$1.80$2.00$1.90
Q4 20172$1.80$1.85$1.83
Q1 20182$1.90$1.97$1.94
Q2 20182$1.80$2.11$1.96
Q3 20182$1.94$2.00$1.97
Q4 20182$2.11$2.30$2.21
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Lam Research Corporation (NASDAQ:LRCX)
Annual Dividend:$1.80
Dividend Yield:1.65%
Payout Ratio:35.79% (Based on Trailing 12 Months of Earnings)
22.00% (Based on Current Year Consensus EPS Estimate)
22.64% (Based on Next Year Consensus EPS Estimate)

Dividend History for Lam Research Corporation (NASDAQ:LRCX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/18/2016quarterly$0.451.69%12/12/201612/14/20161/4/2017
9/1/2016quarterly$0.301.27%9/12/20169/14/20169/28/2016
5/13/2016quarterly$0.301.63%6/6/20166/8/20166/29/2016
2/19/2016quarterly$0.303/7/20163/9/20164/6/2016
11/6/2015quarterly$0.3012/7/201512/9/20151/6/2016
8/27/2015quarterly$0.301.65%9/4/20159/9/20159/30/2015
5/18/2015quarterly$0.301.49%6/8/20156/10/20157/1/2015
2/11/2015quarterly$0.180.89%3/9/20153/11/20154/1/2015
11/10/2014quarterly$0.180.9%12/8/201412/10/20141/7/2015
8/28/2014quarterly$0.181%9/8/20149/10/201410/1/2014
4/30/2014special$0.186/9/20146/11/20147/2/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Lam Research Corporation (NASDAQ:LRCX)
Insider Ownership Percentage: 0.46%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/12/2017Martin B. AnsticeInsiderSell16,000$107.73$1,723,680.00View SEC Filing  
12/23/2016Timothy ArcherCOOSell5,000$107.42$537,100.00View SEC Filing  
12/9/2016Mansy Youssef A. ElDirectorSell2,333$106.56$248,604.48View SEC Filing  
12/2/2016Martin B. AnsticeInsiderSell16,000$100.54$1,608,640.00View SEC Filing  
11/29/2016Christine HeckartDirectorSell2,000$107.29$214,580.00View SEC Filing  
11/23/2016Douglas R. BettingerCFOSell9,956$106.88$1,064,097.28View SEC Filing  
10/6/2016Richard A. GottschoInsiderSell47,540$98.85$4,699,329.00View SEC Filing  
10/26/2015Martin B AnsticeCEOSell7,948$73.90$587,357.20View SEC Filing  
4/1/2015Sarah A O'dowdSVPSell5,000$70.59$352,950.00View SEC Filing  
2/20/2015Douglas R BettingerCFOSell10,043$82.23$825,835.89View SEC Filing  
2/10/2015Sarah A O'dowdSVPSell5,000$79.51$397,550.00View SEC Filing  
1/9/2015Timothy ArcherCOOSell15,000$80.00$1,200,000.00View SEC Filing  
11/10/2014Christine HeckartDirectorSell1,436$79.00$113,444.00View SEC Filing  
11/3/2014Christine HeckartDirectorSell1,819$77.74$141,409.06View SEC Filing  
5/27/2014Timothy ArcherCOOSell19,909$61.00$1,214,449.00View SEC Filing  
5/23/2014Stephen G NewberryDirectorSell25,000$60.00$1,500,000.00View SEC Filing  
5/21/2014Richard GottschoEVPSell18,000$59.50$1,071,000.00View SEC Filing  
4/3/2014Douglas BettingerCFOSell7,360$58.90$433,504.00View SEC Filing  
4/3/2014Martin AnsticeCEOSell13,350$57.90$772,965.00View SEC Filing  
3/26/2014Timothy ArcherCOOSell40,470$56.64$2,292,220.80View SEC Filing  
3/25/2014Douglas BettingerCFOSell1,756$56.90$99,916.40View SEC Filing  
3/24/2014Timothy ArcherCOOSell9,900$56.66$560,934.00View SEC Filing  
3/21/2014Douglas BettingerCFOSell3,882$56.90$220,885.80View SEC Filing  
3/19/2014Timothy ArcherCOOSell84,375$54.83$4,626,281.25View SEC Filing  
1/13/2014Krishna SaraswatDirectorSell2,000$55.07$110,140.00View SEC Filing  
1/13/2014Stephen NewberryChairmanSell50,000$55.00$2,750,000.00View SEC Filing  
10/24/2013Douglas R BettingerCFOSell6,999$54.94$384,525.06View SEC Filing  
10/24/2013Martin B AnsticeCEOSell9,442$54.94$518,743.48View SEC Filing  
10/24/2013Stephen G NewberryChairmanSell48,700$55.00$2,678,500.00View SEC Filing  
10/24/2013Timothy ArcherCOOSell73,125$55.12$4,030,650.00View SEC Filing  
10/21/2013Sarah A O'dowdSVPSell6,000$54.36$326,160.00View SEC Filing  
10/18/2013Stephen G NewberryChairmanSell24,178$54.00$1,305,612.00View SEC Filing  
10/14/2013Douglas BettingerCFOSell7,372$52.90$389,978.80View SEC Filing  
9/25/2013Stephen NewberryChairmanSell25,000$52.00$1,300,000.00View SEC Filing  
9/24/2013Sarah O'dowdSVPSell5,000$51.52$257,600.00View SEC Filing  
9/13/2013Krishna SaraswatDirectorSell1,000$49.69$49,690.00View SEC Filing  
9/10/2013Stephen G NewberryChairmanSell25,000$50.00$1,250,000.00View SEC Filing  
9/4/2013Sarah O'dowdSVPSell5,000$47.76$238,800.00View SEC Filing  
8/6/2013Sarah O'dowdSVPSell5,410$48.73$263,629.30View SEC Filing  
7/12/2013Timothy ArcherCOOSell155,000$50.02$7,753,100.00View SEC Filing  
7/11/2013Martin B AnsticeCEOSell29,120$50.02$1,456,582.40View SEC Filing  
7/11/2013Richard A GottschoEVPSell6,316$49.90$315,168.40View SEC Filing  
5/14/2013Timothy ArcherCOOSell18,000$47.51$855,180.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Lam Research Corporation (NASDAQ:LRCX)
DateHeadline
News IconWhich Analysts Are Watching Lam Research Corporation (NASDAQ:LRCX)? (NASDAQ:LRCX)
larampadinapoli.com - January 18 at 4:44 AM
News IconThe Lam Research Corp. (LRCX) Plans Quarterly Dividend of $0.45 (NASDAQ:LRCX)
vgtoday.net - January 18 at 4:44 AM
News IconWill The Needle Move For Lam Research Corporation (NASDAQ:LRCX) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:LRCX)
wsbeacon.com - January 17 at 12:00 PM
directorstalkinterviews.com logoLam Research Corporation 10.4% Potential Upside Now Implied by RBC Capital Mkts - DirectorsTalk Interviews (NASDAQ:LRCX)
www.directorstalkinterviews.com - January 17 at 12:00 PM
thestreet.com logoHere's Why Lam Research Can Manufacture a Higher Stock Price (NASDAQ:LRCX)
www.thestreet.com - January 17 at 12:00 PM
News IconTop Gainers of the Day: Lam Research Corporation (NASDAQ:LRCX) from Semiconductor Equipment & Materials (NASDAQ:LRCX)
twincountynews.com - January 15 at 10:57 PM
News IconMean Price Target Of Lam Research Corporation (NASDAQ:LRCX) At $111.727 - Transcript Daily (NASDAQ:LRCX)
transcriptdaily.com - January 14 at 6:26 PM
marketnewsvideo.com logoThe New #56 Most Shorted S&P 500 Component: Lam Research (NASDAQ:LRCX)
www.marketnewsvideo.com - January 12 at 6:54 PM
News IconTarget Price Of Lam Research Corporation (NASDAQ:LRCX) At $111.727 - Transcript Daily (NASDAQ:LRCX)
transcriptdaily.com - January 10 at 5:53 AM
stocksdaily.net logoLam Research Corporation (NASDAQ:LRCX) Quarterly Accrued Expenses At $765.655 Millions (NASDAQ:LRCX)
www.stocksdaily.net - January 9 at 7:06 PM
News IconInsider Sale: Lam Research Corporation (NASDAQ:LRCX)’s Chief Operating Officer Timothy Archer Unloaded 10,000 shares (NASDAQ:LRCX)
www.whatsonthorold.com - January 6 at 7:02 PM
News IconPrice Target Of Lam Research Corporation (NASDAQ:LRCX) Agreed At $111.727 - Transcript Daily (NASDAQ:LRCX)
transcriptdaily.com - January 6 at 3:28 AM
News IconLam Research Corporation (NASDAQ:LRCX) News Impact Score At 100 - Stock Observer (NASDAQ:LRCX)
www.thestockobserver.com - January 4 at 7:12 PM
finance.yahoo.com logoScott Black's Best-Performing Assets of 2016 (NASDAQ:LRCX)
finance.yahoo.com - January 4 at 7:12 PM
publicnow.com logoLam Research Corporation Announces December Quarter Financial Conference Call (NASDAQ:LRCX)
www.publicnow.com - January 4 at 7:12 PM
feeds.reuters.com logoBRIEF-TSMC orders machinery equipment from Lam Research, Applied Materials (NASDAQ:LRCX)
feeds.reuters.com - January 4 at 2:36 AM
News IconSemiconductor Equipment & Materials: Lam Research Corporation (NASDAQ:LRCX) Position of the day (NASDAQ:LRCX)
twincountynews.com - January 3 at 10:14 PM
News IconPrice Target Of Lam Research Corporation (NASDAQ:LRCX) At ... - Transcript Daily (NASDAQ:LRCX)
transcriptdaily.com - January 2 at 9:47 AM
News IconLam Research Corporation (NASDAQ:LRCX) EPS At $2.19 - Stock Observer (NASDAQ:LRCX)
www.thestockobserver.com - December 31 at 8:52 AM
realistinvestor.com logoLam Research Corporation (NASDAQ:LRCX) EPS Estimaged At $2.25 - RealistInvestor.com (NASDAQ:LRCX)
www.realistinvestor.com - December 31 at 8:52 AM
News IconIs Lam Research Corporation (NASDAQ:LRCX), a large market cap stock a smart buy? (NASDAQ:LRCX)
twincountynews.com - December 30 at 6:44 PM
News IconBTC Capital Management Inc. Sells 6940 Shares of Lam Research Corp. (LRCX) (NASDAQ:LRCX)
baddgoddess.com - December 30 at 4:27 AM
News IconLam Research Corp. (LRCX) COO Timothy Archer Sells 5000 Shares of Stock (NASDAQ:LRCX)
lasignare.com - December 30 at 4:27 AM
4-traders.com logoInsider Trading Activity Lam Research Corp. (NASDAQ:LRCX) – COO Sold 5,000 shares of Stock (NASDAQ:LRCX)
www.4-traders.com - December 28 at 6:16 PM
News IconUpdate on Lam Research Corporation (NASDAQ:LRCX) for the day (NASDAQ:LRCX)
twincountynews.com - December 28 at 6:16 PM
forbes.com logoLam Research Stock Sees Short Interest Decline 11% (NASDAQ:LRCX)
www.forbes.com - December 28 at 2:51 PM
realistinvestor.com logoLam Research Corporation (NASDAQ:LRCX) Analysts Rating At 1.38 (NASDAQ:LRCX)
www.realistinvestor.com - December 25 at 5:50 PM
investornewswire.com logoSentiments And Ratings Alert: Lam Research Corporation (NASDAQ:LRCX) - Investor Newswire (NASDAQ:LRCX)
www.investornewswire.com - December 23 at 4:44 AM
News IconNews Impact Score Of Lam Research Corporation (NASDAQ:LRCX) At 100 - Stock Observer (NASDAQ:LRCX)
www.thestockobserver.com - December 22 at 5:13 AM
News IconLam Research Corporation (NASDAQ:LRCX) EPS Estimate At $2.25 - Transcript Daily (NASDAQ:LRCX)
transcriptdaily.com - December 22 at 5:13 AM
istreetwire.com logoStocks In Queue: Lam Research Corporation (LRCX), EQT Corporation (EQT), United Parcel Service, Inc. (UPS) - iStreetWire (NASDAQ:LRCX)
istreetwire.com - December 21 at 7:40 AM
News IconLooking at the Numbers for Lam Research Corporation (NASDAQ:LRCX) - Marion Business Daily (NASDAQ:LRCX)
marionbusinessdaily.com - December 21 at 7:40 AM
us.rd.yahoo.com logoLam Research upgraded by Goldman (NASDAQ:LRCX)
us.rd.yahoo.com - December 20 at 12:02 PM
thestreet.com logo[video]Lam Research Spikes on Goldman Upgrade Citing Increased Revenue Diversity (NASDAQ:LRCX)
us.rd.yahoo.com - December 20 at 12:02 PM
thestreet.com logoLam Research Moves Higher Following Goldman Sachs Upgrade (NASDAQ:LRCX)
us.rd.yahoo.com - December 20 at 12:02 PM
finance.yahoo.com logoLam Research Stock Up 2.4% on Rating Upgrade by Goldman (NASDAQ:LRCX)
finance.yahoo.com - December 20 at 12:02 PM
4-traders.com logoS&P 500 Movers: FCX, LRCX (NASDAQ:LRCX)
www.4-traders.com - December 19 at 10:39 AM
nasdaq.com logoS&P 500 Movers: FCX, LRCX - Presented by: The Aol. On Network (NASDAQ:LRCX)
www.nasdaq.com - December 19 at 10:39 AM
feeds.reuters.com logoBRIEF-UMC orders machinery equipment from Lam Research (NASDAQ:LRCX)
feeds.reuters.com - December 19 at 3:18 AM
News IconInvestor Scope: Taking a Closer Look at Shares of Lam Research Corporation (NASDAQ:LRCX) - Marion Business Daily (NASDAQ:LRCX)
marionbusinessdaily.com - December 17 at 11:46 PM
News IconLarge Cap Semiconductor Equipment & Materials: Lam Research Corporation (NASDAQ:LRCX) (NASDAQ:LRCX)
twincountynews.com - December 17 at 6:43 PM
News IconLam Research Corp. (LRCX) Shares Bought by BlackRock Japan Co. Ltd (NASDAQ:LRCX)
myhealthbowl.com - December 15 at 6:59 PM
biz.yahoo.com logoLAM RESEARCH CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:LRCX)
biz.yahoo.com - December 15 at 6:59 PM
forbes.com logoExpedia Becomes #5 Most Shorted Nasdaq 100 Component, Replacing Lam Research (NASDAQ:LRCX)
www.forbes.com - December 12 at 3:57 PM
News IconNeuberger Berman Group LLC Sells 29355 Shares of Lam Research Corp. (LRCX) (NASDAQ:LRCX)
www.perspectivabetica.com - December 11 at 5:37 PM
News IconWould You Buy Lam Research Corporation (NASDAQ:LRCX) On These Analyst Ratings? (NASDAQ:LRCX)
canalcncarauca.com - December 11 at 5:37 PM
News IconLam Research Corporation (NASDAQ: LRCX) - Analysis of a Large Market Cap Stock (NASDAQ:LRCX)
mjbstar.com - December 11 at 10:06 AM
News IconLam Research Corp. (LRCX) Insider Sells $1608640.00 in Stock (NASDAQ:LRCX)
thecelebritytruth.com - December 11 at 10:06 AM
nasdaq.com logoLam Research Corporation (LRCX) Ex-Dividend Date Scheduled for (NASDAQ:LRCX)
www.nasdaq.com - December 9 at 11:27 PM
realistinvestor.com logoLam Research Corporation (NASDAQ:LRCX) Is Expected To Post EPS Of $2.25 - RealistInvestor.com (NASDAQ:LRCX)
www.realistinvestor.com - December 9 at 6:26 PM

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Lam Research Corporation (NASDAQ:LRCX) Chart for Wednesday, January, 18, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Lam Research Corporation (NASDAQ:LRCX)

Earnings History Chart

Earnings by Quarter for Lam Research Corporation (NASDAQ:LRCX)

Dividend History Chart

Dividend Payments by Quarter for Lam Research Corporation (NASDAQ:LRCX)

Last Updated on 1/18/2017 by MarketBeat.com Staff