Lam Research Company Profile (NASDAQ:LRCX)

About Lam Research (LRCX)

Lam Research 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: $147.00
  • 50 Day Moving Average: $129.46
  • 200 Day Moving Average: $113.06
  • 52-Week Range: $72.00 - $148.00
  • Trailing P/E Ratio: 18.67
  • Foreward P/E Ratio: 13.76
  • P/E Growth: 0.60
  • Market Cap: $24.10B
  • Outstanding Shares: 163,968,000
  • Beta: 1.44
  • Net Margins: 15.67%
  • Return on Equity: 19.95%
  • Return on Assets: 10.72%
  • Debt-to-Equity Ratio: 0.27%
  • Current Ratio: 3.20%
  • Quick Ratio: 2.82%

Analyst Ratings

Consensus Ratings for Lam Research (NASDAQ:LRCX) (?)
Ratings Breakdown: 2 Hold Ratings, 16 Buy Ratings
Consensus Rating:Buy (Score: 2.89)
Consensus Price Target: $134.80 (8.30% downside)

Analysts' Ratings History for Lam Research (NASDAQ:LRCX)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/24/2017B. RileyReiterated RatingBuy$175.00LowView Rating Details
4/22/2017Pacific CrestReiterated RatingOverweight$163.00 -> $180.00LowView Rating Details
4/22/2017Needham & Company LLCReiterated RatingBuy$145.00 -> $165.00LowView Rating Details
4/19/2017Deutsche Bank AGBoost Price TargetBuy$135.00 -> $155.00MediumView Rating Details
4/19/2017Morgan StanleyReiterated RatingOverweight$129.00LowView Rating Details
4/19/2017Royal Bank of CanadaBoost Price TargetOutperform$140.00 -> $145.00HighView Rating Details
4/17/2017Cowen and CompanyReiterated RatingOutperform$125.00LowView Rating Details
4/17/2017Stifel NicolausReiterated RatingBuy$150.00LowView Rating Details
1/26/2017Susquehanna Bancshares IncBoost Price TargetNeutral$92.00 -> $100.00N/AView Rating Details
1/25/2017Citigroup IncReiterated RatingBuyN/AView Rating Details
1/23/2017DA DavidsonBoost Price TargetBuy$125.00 -> $140.00N/AView Rating Details
1/21/2017Summit RedstoneReiterated RatingBuyN/AView Rating Details
12/19/2016Goldman Sachs Group IncUpgradeNeutral -> Buy$116.00 -> $125.00N/AView Rating Details
11/21/2016Bank of America CorpReiterated RatingBuy$115.00N/AView Rating Details
10/20/2016NomuraBoost Price TargetNeutral$85.00 -> $95.00N/AView Rating Details
10/6/2016Credit Suisse Group AGReiterated RatingBuy$100.00N/AView Rating Details
10/6/2016JPMorgan Chase & Co.Reiterated RatingBuyN/AView Rating Details
7/18/2016BlueFin ResearchUpgradePositiveN/AView Rating Details
10/6/2015Piper Jaffray CompaniesReiterated RatingBuy$94.00N/AView Rating Details
7/17/2015Summit ResearchReiterated RatingBuyN/AView Rating Details
(Data available from 4/28/2015 forward)


Earnings History for Lam Research (NASDAQ:LRCX)
Earnings by Quarter for Lam Research (NASDAQ:LRCX)
Earnings History by Quarter for Lam Research (NASDAQ:LRCX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/18/2017Q3 17$2.55$2.80$2.13 billion$2.15 billionViewN/AView Earnings Details
1/25/2017Q2 2017$2.19$2.24$1.84 billion$1.88 billionViewN/AView Earnings Details
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$1.37 billion$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)


Earnings Estimates for Lam Research (NASDAQ:LRCX)
2017 EPS Consensus Estimate: $9.12
2018 EPS Consensus Estimate: $10.48
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$1.70$1.79$1.75
Q2 20172$2.18$2.20$2.19
Q3 20172$1.80$2.55$2.18
Q4 20172$3.00$3.00$3.00
Q1 20182$2.39$2.60$2.50
Q2 20182$1.85$2.50$2.18
Q3 20182$2.63$2.96$2.80
Q4 20182$2.92$3.11$3.02
Q1 20192$2.61$2.98$2.80
Q2 20192$2.09$3.10$2.60
Q3 20191$3.26$3.26$3.26
(Data provided by Zacks Investment Research)


Current Dividend Information for Lam Research (NASDAQ:LRCX)
Most Recent Dividend:3/29/2017
Annual Dividend:$1.80
Dividend Yield:1.22%
Payout Ratio:32.37% (Trailing 12 Months of Earnings)
18.22% (Based on This Year's Estimates)
16.85% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Lam Research (NASDAQ:LRCX)

Dividend History by Quarter for Lam Research (NASDAQ:LRCX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Lam Research (NASDAQ:LRCX)
Insider Ownership Percentage: 0.46%
Insider Trades by Quarter for Lam Research (NASDAQ:LRCX)
Institutional Ownership by Quarter for Lam Research (NASDAQ:LRCX)
Insider Trades by Quarter for Lam Research (NASDAQ:LRCX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/23/2017Timothy ArcherCOOSell4,223$125.25$528,930.75View SEC Filing  
3/16/2017Richard A. GottschoInsiderSell80,009$124.50$9,961,120.50View SEC Filing  
3/13/2017Martin B. AnsticeInsiderSell48,000$120.79$5,797,920.00View SEC Filing  
3/7/2017Sarah A. O'dowdSVPSell6,459$117.66$759,965.94View SEC Filing  
2/27/2017Douglas R. BettingerCFOSell17,322$118.27$2,048,672.94View SEC Filing  
2/27/2017Patrick J. LordInsiderSell8,040$117.99$948,639.60View SEC Filing  
2/21/2017Douglas R. BettingerCFOSell3,741$114.90$429,840.90View SEC Filing  
2/21/2017Martin B. AnsticeCEOSell16,000$117.23$1,875,680.00View SEC Filing  
2/21/2017Patrick J. LordVPSell2,211$114.90$254,043.90View SEC Filing  
2/21/2017Timothy ArcherCOOSell30,000$117.61$3,528,300.00View SEC Filing  
2/14/2017Timothy ArcherCOOSell20,000$115.62$2,312,400.00View SEC Filing  
2/13/2017Patrick J. LordInsiderSell1,383$117.02$161,838.66View SEC Filing  
1/31/2017Timothy ArcherCOOSell28,580$115.22$3,292,987.60View SEC Filing  
1/17/2017Timothy ArcherCOOSell20,500$109.36$2,241,880.00View SEC Filing  
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)


Headline Trends for Lam Research (NASDAQ:LRCX)
Latest Headlines for Lam Research (NASDAQ:LRCX)
DateHeadline logoLam Research, FreightCar America, Twitter and Facebook ... - Yahoo Finance - April 27 at 6:55 PM logoThe Reality Of Facebook's F8, Why Lam Research Is Rocking Semiconductors (Podcast) - Seeking Alpha - April 27 at 6:55 PM logoBull of the Day: Lam Research (LRCX) - April 27 at 9:22 AM logoETFs with exposure to Lam Research Corp. : April 26, 2017 - April 26 at 6:58 PM logoSomewhat Positive Press Coverage Somewhat Likely to Impact Lam Research (LRCX) Share Price - April 25 at 9:43 PM logoLam Research Corp. :LRCX-US: Earnings Analysis: Q3, 2017 By the Numbers : April 25, 2017 - April 25 at 5:44 PM logoStocks Surging on the Big Breakout - April 25 at 5:44 PM logoRoyal Bank of Canada Boosts Lam Research Co. (LRCX) Price Target to $145.00 - April 25 at 11:37 AM logoLam Research Co. (LRCX) Given "Buy" Rating at B. Riley - April 24 at 5:38 PM logoPost Earnings Coverage as Lam Research's Quarterly Revenue Soared 64%; EPS Rocketed 278% - Yahoo Finance - April 24 at 2:55 PM logoLam Research's (LRCX) "Buy" Rating Reaffirmed at B. Riley - April 23 at 7:40 AM logoLam Research Co. (LRCX) Rating Reiterated by Needham & Company LLC - April 22 at 2:10 PM logoFavorable News Coverage Very Likely to Affect Lam Research (LRCX) Stock Price - April 22 at 9:35 AM logoLam Research Co. (LRCX) Earns Overweight Rating from Pacific Crest - April 22 at 7:11 AM logoLam Research CEO: We're at the center of the 'silicon roa... - April 21 at 6:14 PM logoFY2017 EPS Estimates for Lam Research Co. (LRCX) Increased by Analyst - April 21 at 1:15 PM logoWhy CalAmp, Lithia Motors, and Lam Research Jumped Today - Motley Fool - April 20 at 6:24 PM logoLam Research Enters Into Accelerated Stock Buyback Agreement - GlobeNewswire (press release) - April 20 at 6:24 PM logoHere's Why Chip Equipment Stocks Popped Today - April 20 at 10:13 AM logoLam Research (LRCX) Shows Strength: Stock Moves 6.9% Higher - April 20 at 10:13 AM logoLam Research Enters Into Accelerated Stock Buyback Agreement - April 20 at 10:13 AM logoLam Research (LRCX) PT Raised to $180 at Pacific Crest - - April 19 at 11:29 PM logoLam Research Co. (LRCX) Rating Reiterated by Deutsche Bank AG - April 19 at 11:14 PM logoMorgan Stanley Reaffirms Overweight Rating for Lam Research Co. (LRCX) - April 19 at 8:10 PM logoLam Research (LRCX) Tops Q3 EPS by 25c - - April 19 at 6:27 PM logoLam Research's (LRCX) CEO Martin Anstice on Q3 2017 Results - Earnings Call Transcript - Seeking Alpha - April 19 at 6:27 PM logoThe Hot Stock: Lam Research Jumps 6.9% - April 19 at 6:27 PM logoLam Surges, ASML Falls, But Chip Equipment Market Shines - April 19 at 6:27 PM logoCramer checks out one hot tech sector's charts to see whether 3 big winners have more room to run - April 19 at 6:27 PM logoLam Research (LRCX) Given Media Sentiment Score of 0.16 - April 19 at 12:59 PM logoEdited Transcript of LRCX earnings conference call or presentation 18-Apr-17 9:00pm GMT - April 19 at 10:44 AM logoLam Research (LRCX) Tops Q3 Earnings, Revenue Estimates - April 19 at 10:44 AM logoLam Research, ASML Jump On Upbeat March Quarter Reports - April 19 at 10:44 AM logoStocks Open Mainly Higher; Dow, S&P Battle Big Blue's Decline - April 19 at 10:44 AM logoS&P 500 ETFs Rise As Earnings Kindle Semiconductor, Financial Stocks - April 19 at 10:44 AM logoSemiconductor supplier Lam Research shares pop after earnings beat - April 19 at 10:44 AM logoRoyal Bank of Canada Increases Lam Research Co. (LRCX) Price Target to $145.00 - April 19 at 10:14 AM logoLam Research +4.8% after earnings beat, upbeat guidance - April 18 at 6:31 PM logoLam Research Corporation Reports Financial Results for the Quarter Ended March 26, 2017 - April 18 at 5:48 PM logoLam Research Jumps 4% on FYQ3 Beat, Higher Q4 View - April 18 at 5:48 PM logoLam Research Exits March Quarter Like A Lion - April 18 at 5:48 PM logoLam Research Co. (LRCX) Issues Quarterly Earnings Results - April 18 at 5:20 PM logoLam Research Co. (LRCX) Issues Q4 Earnings Guidance - April 18 at 5:18 PM logoLam Research tops Street 3Q forecasts - April 18 at 4:34 PM logoOn a Roll, Lam Research Can Go Higher Still - April 18 at 10:36 AM logoLam Research Co. (LRCX) Given Buy Rating at Stifel Nicolaus - April 17 at 1:16 PM logoLam Research Co. (LRCX) Rating Reiterated by Cowen and Company - April 17 at 1:14 PM logoSomewhat Negative News Coverage Somewhat Likely to Effect Lam Research (LRCX) Share Price - April 16 at 1:01 PM logoZacks: Analysts Anticipate Lam Research Co. (LRCX) Will Post Quarterly Sales of $2.13 Billion - April 14 at 12:16 PM logoRetirement Accounts Benefit From Columbia Fund's Tech Bets - April 13 at 6:03 PM


Frequently Asked Questions for Lam Research (NASDAQ:LRCX)

What is Lam Research's stock symbol?

Lam Research trades on the NASDAQ under the ticker symbol "LRCX."

How often does Lam Research pay dividends? What is the dividend yield for Lam Research?

Lam Research declared a quarterly dividend on Thursday, February 9th. Investors of record on Wednesday, March 8th will be given a dividend of $0.45 per share on Wednesday, March 29th. This represents a $1.80 annualized dividend and a dividend yield of 1.22%. The ex-dividend date is Monday, March 6th.

How were Lam Research's earnings last quarter?

Lam Research Co. (NASDAQ:LRCX) issued its quarterly earnings data on Tuesday, April, 18th. The company reported $2.80 EPS for the quarter, topping analysts' consensus estimates of $2.55 by $0.25. The company had revenue of $2.15 billion for the quarter, compared to analysts' expectations of $2.13 billion. Lam Research had a return on equity of 19.95% and a net margin of 15.67%. The business's revenue was up 63.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.18 earnings per share.

When will Lam Research make its next earnings announcement?

Lam Research is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017.

What guidance has Lam Research issued on next quarter's earnings?

Lam Research updated its fourth quarter earnings guidance on Tuesday, April, 18th. The company provided earnings per share guidance of $2.88-3.12 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.65. The company issued revenue guidance of $2.2-2.4 billion, compared to the consensus revenue estimate of $2.19 billion.

Where is Lam Research's stock going? Where will Lam Research's stock price be in 2017?

18 equities research analysts have issued 12 month price targets for Lam Research's shares. Their predictions range from $95.00 to $180.00. On average, they expect Lam Research's share price to reach $134.80 in the next twelve months.

What are analysts saying about Lam Research stock?

Here are some recent quotes from research analysts about Lam Research stock:

  • 1. According to Zacks Investment Research, "Lam Research Corp. is a leading global provider of innovative wafer fabrication equipment and services to the semiconductor industry. The company reported better-than-expected fiscal second quarter 2017 results with earnings surpassing our estimates. The results were driven by strong success in the areas of device architecture, process flow and advanced packaging technology inflections. Over the last one year, the stock has outperformed the Zacks characterized Semi-Equipment Wafer Fab industry.  The company has been improving on WFE market share significantly since 2013 and expects to continue making gains, going forward.   At the same time, the persistent decline in the PC market, which is still the most important consumer of DRAMs, the competitive climate and currency effects remain concerns." (3/28/2017)
  • 2. Susquehanna Bancshares Inc analysts commented, "As was expected, Lam's revenue and shipment guide was solid and implying 2017 WFE spend that is tracking up 5-10% (and off of a higher base in 2016). The company's shipment guide suggests 2H shipment in 2017 will decline by 25-30% vs. 1H. Thus, with significant 3D NAND capacity installed and ready for mass production by YE17, the debate changes to the direction of shipment and revenue into 2018. Additionally, even if shipment and revenue were to rebound in 1H18, then one can argue that the 2020 earning power has been pulled forward. In this scenario, the debate on Lam and the rest of Semi Cap Eq (SCE) sector changes to what is the right multiple to peak earning. FCF margins have certainly improved and are now less volatile compared to prior trends. Additionally, any change to US tax codes could help Lam improve on-shore cash balance and thus strengthen capital return budgets. However, what is unknown is the direction of underlying fundamentals. There is no debate that Lam's customers are now more rational with investment plans, but what about semi demand drivers into 2018? How about de-coupling of NAND wafer capacity investment from NAND bit supply growth as 64L 3D NAND TLC will help with 3-5x increase in NAND wafer density? And how about leading edge Foundry/Logic; what could happen to 2018 spend with EUV insertion not until 2019 (which could theoretically improve the affordability of leading edge Foundry/Logic)? In this context, and even if we were to remove the word cyclicality from the Webster Dictionary, we argue the debate on SCE section changes to appropriate valuation multiples, a theme that will be on-going for sometime." (1/26/2017)
  • 3. Deutsche Bank AG analysts commented, "Strong shipments to drive 1H upside; LRCX is our top pick for 2017 Tgt USD115 to USD125 LRCX should see double-digit revenue growth in 2017 vs. WFE growth of DBe 3-5%, driven by continued share gains, SAM expansion and favorable mix. While fears of peak cycle will continue to exist, we believe the combination of low valuation (12x CY18E EPS and 7x EV/EBITDA), revenue outperformance and an increased focus on capital returns makes LRCX an attractive investment from a risk/reward standpoint. We raise our P/T to $125 and reiterate Buy." (1/23/2017)

Who owns Lam Research stock?

Lam Research's stock is owned by many different of institutional and retail investors. Top institutional investors include Columbus Circle Investors (0.41%), Korea Investment CORP (0.35%), Hermes Investment Management Ltd. (0.32%), Nationwide Fund Advisors (0.18%), Trinity Street Asset Management LLP (0.17%) and AMF Pensionsforsakring AB (0.17%). Company insiders that own Lam Research stock include Christine Heckart, Douglas R Bettinger, Mansy Youssef A El, Martin B Anstice, Patrick J Lord, Richard A Gottscho, Sarah A O'dowd and Timothy Archer.

Who sold Lam Research stock? Who is selling Lam Research stock?

Lam Research's stock was sold by a variety of institutional investors in the last quarter, including Columbus Circle Investors, Trinity Street Asset Management LLP, DUPONT CAPITAL MANAGEMENT Corp, Korea Investment CORP, Advisors Capital Management LLC, First Citizens Bank & Trust Co., Boston Advisors LLC and Foundry Partners LLC. Company insiders that have sold Lam Research stock in the last year include Christine Heckart, Douglas R Bettinger, Mansy Youssef A El, Martin B Anstice, Patrick J Lord, Richard A Gottscho, Sarah A O'dowd and Timothy Archer.

Who bought Lam Research stock? Who is buying Lam Research stock?

Lam Research's stock was purchased by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Hermes Investment Management Ltd., Meritage Portfolio Management, Old Mutual Global Investors UK Ltd., Barometer Capital Management Inc., Whittier Trust Co., KAMES CAPITAL plc and Koshinski Asset Management Inc..

How do I buy Lam Research stock?

Shares of Lam Research can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Lam Research stock cost?

One share of Lam Research stock can currently be purchased for approximately $147.00.

Lam Research (LRCX) Chart for Friday, April, 28, 2017

This page was last updated on 4/28/2017 by Staff