NASDAQ:LRCX - Lam Research Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $183.67 -10.49 (-5.40 %) (As of 05/20/2019 04:00 PM ET)Previous Close$194.16Today's Range$182.74 - $189.6552-Week Range$122.64 - $209.50Volume3.25 million shsAverage Volume2.37 million shsMarket Capitalization$27.54 billionP/E Ratio10.28Dividend Yield2.27%Beta1.57 ProfileAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition product for copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatment; SPEED gapfill high-density plasma chemical vapor deposition (CVD) products; Striker single-wafer atomic layer deposition (ALD) products; and VECTOR plasma-enhanced CVD ALD products. It also provides Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. In addition, the company offers Coronus bevel clean products to enhance die yield; and Da Vinci, DV-Prime, EOS, SP to address a range of wafer cleaning. Further, it provides Metryx mass metrology systems for high aspect ratio etch, conformal and ALD/sidewall deposition, horizontal processing, film density monitoring, carbon mask open, and wafer cleaning/polymer removal applications; and legacy products. Lam Research Corporation was founded in 1980 and is headquartered in Fremont, California. Receive LRCX News and Ratings via Email Sign-up to receive the latest news and ratings for LRCX and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Special industry machinery, not elsewhere classified Sub-IndustrySemiconductor Equipment SectorComputer and Technology Current SymbolNASDAQ:LRCX Previous Symbol CUSIP51280710 CIK707549 Webwww.lamresearch.com Phone510-572-0200Debt Debt-to-Equity Ratio0.71 Current Ratio3.37 Quick Ratio2.79Price-To-Earnings Trailing P/E Ratio10.28 Forward P/E Ratio12.82 P/E Growth1.13 Sales & Book Value Annual Sales$11.08 billion Price / Sales2.49 Cash Flow$20.4078 per share Price / Cash Flow9.00 Book Value$35.62 per share Price / Book5.16Profitability EPS (Most Recent Fiscal Year)$17.87 Net Income$2.38 billion Net Margins25.64% Return on Equity46.66% Return on Assets22.93%Miscellaneous Employees10,900 Outstanding Shares149,927,000Market Cap$27.54 billion Next Earnings Date7/25/2019 (Estimated) OptionableOptionable Lam Research (NASDAQ:LRCX) Frequently Asked Questions 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 announced a quarterly dividend on Thursday, May 9th. Stockholders of record on Wednesday, June 12th will be paid a dividend of $1.10 per share on Wednesday, July 10th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date of this dividend is Tuesday, June 11th. View Lam Research's Dividend History. How will Lam Research's stock buyback program work? Lam Research declared that its board has approved a share buyback plan on Wednesday, January 23rd 2019, which permits the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 23% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its stock is undervalued. How were Lam Research's earnings last quarter? Lam Research Co. (NASDAQ:LRCX) issued its quarterly earnings data on Wednesday, April, 24th. The semiconductor company reported $3.70 EPS for the quarter, beating the Zacks' consensus estimate of $3.38 by $0.32. The semiconductor company earned $2.44 billion during the quarter, compared to the consensus estimate of $2.40 billion. Lam Research had a return on equity of 46.66% and a net margin of 25.64%. The firm's revenue was down 15.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.79 earnings per share. View Lam Research's Earnings History. When is Lam Research's next earnings date? Lam Research is scheduled to release their next quarterly earnings announcement on Thursday, July 25th 2019. View Earnings Estimates for Lam Research. What guidance has Lam Research issued on next quarter's earnings? Lam Research updated its fourth quarter earnings guidance on Wednesday, April, 24th. The company provided earnings per share guidance of $3.20-3.60 for the period, compared to the Thomson Reuters consensus estimate of $3.24. The company issued revenue guidance of $2.20-2.50 billion, compared to the consensus revenue estimate of $2.32 billion.Lam Research also updated its Q4 2019 guidance to $3.20-3.60 EPS. What price target have analysts set for LRCX? 18 Wall Street analysts have issued twelve-month target prices for Lam Research's stock. Their forecasts range from $165.00 to $285.00. On average, they expect Lam Research's stock price to reach $224.7778 in the next year. This suggests a possible upside of 22.4% from the stock's current price. View Analyst Price Targets for Lam Research. What is the consensus analysts' recommendation for Lam Research? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lam Research in the last year. There are currently 7 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lam Research. What are Wall Street 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 reported strong fiscal third-quarter results on the back of robust equipment demand and solid execution. Moreover, rising adoption of 3D architectures remain positive. It continues to drive the performance of the company’s non-memory segments. Further, advanced packaging technology inflections are acting as tailwinds. Additionally, Lam Research continues to benefit from its transition to new data-enabled economy, in which DRAM and NAND continue to gain from density growth. Notably, the stock has underperformed the industry it belongs to over a year. However, it expects memory segments to weaken during this year. Further, cyclicality and the current U.S.-China trade war are headwinds in the semiconductor industry. Further, foreign currency fluctuation risks are major concerns." (4/26/2019) 2. Mizuho analysts commented, "We believe N-T memory capex pushouts, market share and EUV could be headwinds." (4/25/2019) 3. Needham & Company LLC analysts commented, "Lam Research reported better than expected F2Q19 results and provided F3Q19 guidance in-line with our estimates. LRCX now expects WFE to decline by a mid- to high-teen percentage in CY19 to ~$42-$43bn and to be C1H19-weighted driven by increased logic and foundry spending and decreased memory spending. Most importantly, LRCX does not expect memory spending to recover in 2019. While we remain buyers of LRCX given its valuation, exposure to multiple growth drivers and its position to benefit as memory spending returns, we are modestly reducing our FY20 and FY21 estimates and acknowledge it may take a little longer for memory spending to recover." (1/24/2019) Has Lam Research been receiving favorable news coverage? Headlines about LRCX stock have trended somewhat negative recently, according to InfoTrie. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Lam Research earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned media coverage about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. Who are some of Lam Research's key competitors? Some companies that are related to Lam Research include ASML (ASML), WARTSILA OYJ/ADR (WRTBY), SUMITOMO HEAVY/ADR (SOHVY), IHI CORP/ADR (IHICY), ASM International (ASMIY), Brooks Automation (BRKS), Milacron (MCRN), Veeco Instruments (VECO), Energy Recovery (ERII), Axcelis Technologies (ACLS), ACM Research (ACMR), Manitex International (MNTX), Intevac (IVAC), Amtech Systems (ASYS) and CVD Equipment (CVV). What other stocks do shareholders of Lam Research own? Based on aggregate information from My MarketBeat watchlists, some companies that other Lam Research investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Applied Materials (AMAT), Netflix (NFLX), Broadcom (AVGO), Intel (INTC), Adobe (ADBE), Boeing (BA) and salesforce.com (CRM). Who are Lam Research's key executives? Lam Research's management team includes the folowing people: Mr. Timothy M. Archer, Pres, CEO & Director (Age 52)Mr. Douglas R. Bettinger, Exec. VP, CFO & Chief Accounting Officer (Age 52)Dr. Richard A. Gottscho, Exec. VP & Corp. CTO (Age 67)Dr. Scott G. Meikle, Sr. VP of Global Customer Operations (Age 55)Tina Correia, Corp. VP of Investor Relations & Communications Who are Lam Research's major shareholders? Lam Research's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.43%), FMR LLC (5.05%), Janus Henderson Group PLC (3.49%), LSV Asset Management (2.06%), American International Group Inc. (1.78%) and Geode Capital Management LLC (1.60%). Company insiders that own Lam Research stock include Abhijit Y Talwalkar, Christine Heckart, Kevin Jennings, Martin B Anstice, Michael R Cannon, Patrick J Lord, Richard A Gottscho, Sarah A O'dowd, Seshasayee Varadarajan, Stephen G Newberry and Timothy Archer. View Institutional Ownership Trends for Lam Research. Which major investors are selling Lam Research stock? LRCX stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Pictet Asset Management Ltd., Maverick Capital Ltd., Swedbank, Wellington Management Group LLP, Parnassus Investments CA, BlackRock Inc. and Renaissance Technologies LLC. Company insiders that have sold Lam Research company stock in the last year include Abhijit Y Talwalkar, Christine Heckart, Kevin Jennings, Martin B Anstice, Patrick J Lord and Richard A Gottscho. View Insider Buying and Selling for Lam Research. Which major investors are buying Lam Research stock? LRCX stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Amundi Pioneer Asset Management Inc., Voya Investment Management LLC, Marshall Wace North America L.P., Sumitomo Mitsui Asset Management Company LTD, OppenheimerFunds Inc., Los Angeles Capital Management & Equity Research Inc. and Scout Investments Inc.. View Insider Buying and Selling for Lam Research. How do I buy shares of Lam Research? Shares of LRCX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Lam Research's stock price today? One share of LRCX stock can currently be purchased for approximately $183.67. How big of a company is Lam Research? Lam Research has a market capitalization of $27.54 billion and generates $11.08 billion in revenue each year. The semiconductor company earns $2.38 billion in net income (profit) each year or $17.87 on an earnings per share basis. Lam Research employs 10,900 workers across the globe. What is Lam Research's official website? The official website for Lam Research is http://www.lamresearch.com. How can I contact Lam Research? Lam Research's mailing address is 4650 Cushing Parkway, Fremont CA, 94538. The semiconductor company can be reached via phone at 510-572-0200 or via email at [email protected] MarketBeat Community Rating for Lam Research (NASDAQ LRCX)Community Ranking: 3.5 out of 5 ( )Outperform Votes: 1,133 (Vote Outperform)Underperform Votes: 503 (Vote Underperform)Total Votes: 1,636MarketBeat's community ratings are surveys of what our community members think about Lam Research and other stocks. Vote "Outperform" if you believe LRCX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LRCX will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 5/20/2019 by MarketBeat.com StaffFeatured Article: Closed-End Mutual Funds Receive Analysts' Upgrades and Downgrades Daily Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.