Lam Research Company Profile (NASDAQ:LRCX)

About Lam Research

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: $117.82
  • 50 Day Moving Average: $113.73
  • 200 Day Moving Average: $102.04
  • 52-Week Range: $68.19 - $119.14
  • Trailing P/E Ratio: 21.25
  • Foreward P/E Ratio: 13.65
  • P/E Growth: 0.80
  • Market Cap: $19.31B
  • Outstanding Shares: 162,843,000
  • 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%
Additional Links:
Companies Related to Lam Research:

Analyst Ratings

Consensus Ratings for Lam Research (NASDAQ:LRCX) (?)
Ratings Breakdown: 2 Hold Ratings, 17 Buy Ratings
Consensus Rating:Buy (Score: 2.89)
Consensus Price Target: $119.06 (0.41% upside)

Analysts' Ratings History for Lam Research (NASDAQ:LRCX)
DateFirmActionRatingPrice TargetDetails
1/28/2017B. RileyReiterated RatingBuy$150.00View Rating Details
1/26/2017Susquehanna Bancshares IncBoost Price TargetNeutral$92.00 -> $100.00View Rating Details
1/26/2017Needham & Company LLCReiterated RatingBuy$135.00 -> $145.00View Rating Details
1/25/2017Citigroup Inc.Reiterated RatingBuyView Rating Details
1/24/2017Cowen and CompanyReiterated RatingOutperform$105.00 -> $125.00View Rating Details
1/24/2017RBC Capital MarketsReiterated RatingPositive$120.00View Rating Details
1/23/2017DA DavidsonBoost Price TargetBuy$125.00 -> $140.00View Rating Details
1/23/2017Deutsche Bank AGBoost Price TargetBuy$115.00 -> $125.00View Rating Details
1/21/2017Summit RedstoneReiterated RatingBuyView 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
11/21/2016Bank of America CorpReiterated 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
10/8/2016Morgan 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
8/11/2016Pacific 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
(Data available from 2/23/2015 forward)


Earnings History for Lam Research (NASDAQ:LRCX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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$1.39 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)
Current Year EPS Consensus Estimate: $9.23 EPS
Next Year EPS Consensus Estimate: $8.69 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$2.55$2.18
Q4 20172$1.85$2.66$2.26
Q1 20182$1.97$2.19$2.08
Q2 20182$1.86$2.11$1.99
Q3 20182$1.94$2.24$2.09
Q4 20182$2.39$2.46$2.43
Q1 20191$2.58$2.58$2.58
Q2 20191$2.21$2.21$2.21
(Data provided by Zacks Investment Research)


Current Dividend Information for Lam Research (NASDAQ:LRCX)
Annual Dividend:$1.80
Dividend Yield:1.52%
Payout Ratio:32.37% (Based on Trailing 12 Months of Earnings)
19.50% (Based on Current Year Consensus EPS Estimate)
20.71% (Based on Next Year Consensus EPS Estimate)

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

Insider Trades

Insider Trading History for Lam Research (NASDAQ:LRCX)
Insider Ownership Percentage: 0.46%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for Lam Research (NASDAQ:LRCX)
News IconWhat are Research Firms Saying About Lam Research Corporation (NASDAQ:LRCX)? - Aiken Advocate (NASDAQ:LRCX) - February 22 at 6:30 PM
News IconNarrowing in on the Numbers for Lam Research Corporation (NASDAQ:LRCX) - Davidson Register (NASDAQ:LRCX) - February 22 at 6:30 PM
News IconAnalytical Guide for Intuit Inc. (INTU), Lam Research Corporation (LRCX) Stakeholders - The USA Commerce (NASDAQ:LRCX) - February 22 at 8:07 AM
News IconMarket Desk: Reviewing the Numbers for Lam Research Corporation (NASDAQ:LRCX) - Providence Standard (NASDAQ:LRCX) - February 22 at 8:07 AM logoBuy These Uptrending Stocks on the Pullback (LRCX) (NASDAQ:LRCX) - February 20 at 5:46 PM
News IconInsider Trading at Lam Research Corporation? (NASDAQ:LRCX) - February 19 at 10:02 AM
News IconLam Research Corporation (NASDAQ: LRCX) - Analysis of a Large Market Cap Stock (NASDAQ:LRCX) - February 19 at 10:02 AM
News IconAnalysts showing optimistic trends for: Lam Research Corporation (NASDAQ:LRCX) (NASDAQ:LRCX) - February 18 at 9:19 AM logoThese Factors Could Improve AMAT’s Profitability in 2017 (NASDAQ:LRCX) - February 16 at 5:58 PM logoLAM RESEARCH CORPORATION (NASDAQ:LRCX) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year (NASDAQ:LRCX) - February 15 at 5:54 AM
News IconEVP, Chief Financial Officer of Lam Research Corporation (NASDAQ:LRCX), Bettinger Douglas R, sells 2,556 shares worth $299,103 (NASDAQ:LRCX) - February 15 at 12:53 AM
News IconGroup Vice President of Lam Research Corporation (NASDAQ:LRCX), Lord Patrick J, sells 1,383 shares worth $161,839 (NASDAQ:LRCX) - February 14 at 7:51 PM logoWhy Lam Research (LRCX) Could Be Positioned for a Surge (NASDAQ:LRCX) - February 14 at 7:51 PM logoLam Research Corporation Announces Participation at Upcoming Conference (NASDAQ:LRCX) - February 14 at 7:51 PM
News IconShares of Lam Research Corporation (LRCX) Sees Large Inflow of Net Money Flow - Highland Mirror (NASDAQ:LRCX) - February 14 at 5:34 AM
News IconForward Earnings Estimate of Lam Research Corporation(LRCX) (NASDAQ:LRCX) - February 12 at 11:13 PM
News IconLam Research Corporation (NASDAQ:LRCX) Is Expected To Post EPS Of $2.77 (NASDAQ:LRCX) - February 12 at 11:13 PM
News IconLam Research Corporation (NASDAQ:LRCX) Price Target At $127.416 - Transcript Daily (NASDAQ:LRCX) - February 12 at 6:11 PM
News IconThe Lam Research Corp. (LRCX) COO Sells $2241880.00 in Stock (NASDAQ:LRCX) - February 11 at 5:15 AM
News IconLam Research Corporation (NASDAQ:LRCX) Insiders Move Reflect Future Prospects (NASDAQ:LRCX) - February 11 at 12:11 AM logoLam Research Corporation Declares Quarterly Dividend - GlobeNewswire (press release) (NASDAQ:LRCX) - February 10 at 7:10 PM
News IconForward Earnings Estimate of Lam Research Corporation(LRCX) - Highland Mirror (NASDAQ:LRCX) - February 10 at 5:23 AM logoLam Research Corporation Declares Quarterly Dividend (NASDAQ:LRCX) - February 9 at 7:21 PM
News IconPrice Target Of Lam Research Corporation (NASDAQ:LRCX)At $127.416 - Transcript Daily (NASDAQ:LRCX) - February 8 at 7:10 PM
News IconLarge Buying Action and Inflow of Money Witnessed in Lam Research Corporation - Highland Mirror (NASDAQ:LRCX) - February 8 at 7:10 PM
News IconTop Gainers of the Day: Lam Research Corporation (NASDAQ:LRCX) from Semiconductor Equipment & Materials (NASDAQ:LRCX) - February 6 at 6:28 PM featured highlights: Teradyne, WEX, UMB Financial, Lam Research and Morgan Stanley (NASDAQ:LRCX) - February 6 at 10:08 AM
News IconLeading stocks in today’s market: Lam Research Corporation (NASDAQ:LRCX) (NASDAQ:LRCX) - February 4 at 6:21 PM
News IconLam Research Corporation (NASDAQ:LRCX) from Semiconductor Equipment & Materials – Todays Top Gains (NASDAQ:LRCX) - February 3 at 7:04 PM logoLAM RESEARCH CORP Financials (NASDAQ:LRCX) - February 3 at 7:04 PM logoETFs with exposure to Lam Research Corp. : February 2, 2017 (NASDAQ:LRCX) - February 2 at 7:05 PM
News IconLarge Cap Semiconductor Equipment & Materials: Lam Research Corporation (NASDAQ:LRCX) (NASDAQ:LRCX) - February 1 at 7:12 PM logoLam Research Corp. : LRCX-US: Dividend Analysis : December 14th, 2016 (record date) : By the numbers : February 1, 2017 (NASDAQ:LRCX) - February 1 at 7:12 PM logoShould Value Investors Consider Lam Research a Great Stock? - Nasdaq (NASDAQ:LRCX) - January 31 at 7:11 PM logoShould Value Investors Consider Lam Research a Great Stock? (NASDAQ:LRCX) - January 30 at 7:03 PM
News IconThe Technical Facts on Lam Research Corporation (LRCX) - The USA Commerce (NASDAQ:LRCX) - January 30 at 10:06 AM logoObama's Plan to Block Chinese Rule in Chipmaking Could Aid Trump (NASDAQ:LRCX) - January 30 at 10:06 AM logoAnalysts Rating Of Lam Research Corporation (NASDAQ:LRCX) At 1.43 (NASDAQ:LRCX) - January 29 at 11:42 PM
News IconSemiconductor Equipment & Materials: Lam Research Corporation (NASDAQ:LRCX) Position of the day (NASDAQ:LRCX) - January 29 at 6:42 PM
News IconEPS Target Of Lam Research Corporation (NASDAQ:LRCX)Set At $3.1 - Transcript Daily (NASDAQ:LRCX) - January 29 at 4:33 AM
News IconChecking the Levels on Shares of Lam Research Corporation (NASDAQ:LRCX) - Gilbert Daily (NASDAQ:LRCX) - January 29 at 4:33 AM
News IconLam Research Corporation (NASDAQ:LRCX) Issued With 'Outperform' Rating At Cowen (NASDAQ:LRCX) - January 28 at 4:14 AM
News IconLLC Purchases New Position in Lam Research Corp. (LRCX) (NASDAQ:LRCX) - January 28 at 4:14 AM
News IconIs Lam Research Corporation (NASDAQ:LRCX), a large market cap stock a smart buy? (NASDAQ:LRCX) - January 28 at 4:14 AM
News IconLam Research Corporation (LRCX) Receives "Buy" Rating from Needham & Company LLC (NASDAQ:LRCX) - January 27 at 11:12 PM
News IconLam Research (NASDAQ:LRCX) 2Q17 earnings; Beats Street View (NASDAQ:LRCX) - January 27 at 11:12 PM
News IconLam Research Corporation (LRCX) Receives "Buy" Rating from Citigroup Inc (NASDAQ:LRCX) - January 27 at 11:12 PM logoLam Research Corp. :LRCX-US: Earnings Analysis: Q2, 2017 By the Numbers : January 26, 2017 (NASDAQ:LRCX) - January 27 at 11:12 PM logoApplied Materials, Lam Research higher amid KLA-Tencor reporting, Intel capital expenditures forecast (NASDAQ:LRCX) - January 27 at 4:21 PM logoLam Research (LRCX) Tops Q2 Earnings, Revenue Estimates - Nasdaq (NASDAQ:LRCX) - January 27 at 1:11 AM


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, February 9th. Investors of record on Wednesday, March 8th will be paid a dividend of $0.45 per share on Wednesday, March 29th. This represents a $1.80 annualized dividend and a dividend yield of 1.52%. The ex-dividend date of this dividend is Monday, March 6th.

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

19 analysts have issued twelve-month target prices for Lam Research's stock. Their forecasts range from $95.00 to $150.00. On average, they expect Lam Research's stock price to reach $119.06 in the next year.

When will Lam Research announce their earnings?

Lam Research is scheduled to release their next quarterly earnings announcement on Tuesday, April, 18th 2017.

What are analysts saying about Lam Research stock?

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

  • 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)
  • 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)
  • According to Zacks Investment Research, "Lam Research Corp. is a leading global provider of innovative wafer fabrication equipment and services to the semiconductor industry. Over the last one year, the stock has underperformed the Zacks characterized Semi-Equipment Wafer Fab industry. In the last reported first quarter, the results were driven by strong success in the areas of device architecture, process flow and advanced packaging technology inflections. The company terminated its proposed acquisition of California-based KLA-Tencor, following antitrust objections from the Justice Department. 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. The Brexit impact cannot be ignored either." (1/16/2017)

Who owns Lam Research stock?

Lam Research's stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (6.74%), State Street Corp (4.18%), JPMorgan Chase & Co (4.00%), Janus Capital Management LLC (1.95%), Investec Asset Management LTD (1.46%) and Dimensional Fund Advisors LP (1.10%). 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 FMR LLC, Renaissance Technologies LLC, Arrowstreet Capital Limited Partnership, Systematic Financial Management LP, Eventide Asset Management LLC, Edge Asset Management Inc., Teachers Retirement System of The State of Kentucky and FIL Ltd. 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 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 Janus Capital Management LLC, Westwood Holdings Group Inc., Marshall Wace LLP, AQR Capital Management LLC, Asset Management One Co. Ltd., Federated Investors Inc. PA, State Street Corp and GLG Partners LP.

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 $118.58.

Lam Research (NASDAQ:LRCX) Chart for Thursday, February, 23, 2017

Institutional Ownership Chart

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

Earnings History Chart

Earnings by Quarter for Lam Research (NASDAQ:LRCX)

Dividend History Chart

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

Last Updated on 2/23/2017 by Staff