Lam Research Corp. Company Profile (NASDAQ:LRCX)

About Lam Research Corp.

Lam Research Corp. 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: $98.08
  • 50 Day Moving Average: $95.29
  • 200 Day Moving Average: $87.24
  • 52-Week Range: $63.10 - $102.44
  • Trailing P/E Ratio: 19.47
  • Foreward P/E Ratio: 12.51
  • P/E Growth: 1.27
  • Market Cap: $15.86B
  • Outstanding Shares: 161,705,000
  • Beta: 1.47
  • Net Margins: 15.02%
  • Return on Equity: 18.59%
  • Return on Assets: 9.94%
  • Debt-to-Equity Ratio: 0.55%
  • Current Ratio: 3.86%
  • Quick Ratio: 3.41%
Additional Links:
Companies Related to Lam Research Corp.:

Analyst Ratings

Consensus Ratings for Lam Research Corp. (NASDAQ:LRCX) (?)
Ratings Breakdown: 3 Hold Ratings, 15 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $105.06 (7.14% upside)

Analysts' Ratings History for Lam Research Corp. (NASDAQ:LRCX)
DateFirmActionRatingPrice TargetDetails
10/25/2016Goldman Sachs Group Inc.Initiated CoverageNeutral$104.00View Rating Details
10/22/2016Cowen and CompanyReiterated RatingOutperform$95.00 -> $100.00View Rating Details
10/20/2016Deutsche Bank AGReiterated RatingBuy$115.00View Rating Details
10/20/2016NomuraBoost Price TargetNeutral$85.00 -> $95.00View Rating Details
10/20/2016Stifel NicolausBoost Price TargetBuy$102.00 -> $110.00View Rating Details
10/20/2016RBC Capital MarketsBoost Price TargetOutperform$105.00 -> $110.00View Rating Details
10/20/2016B. RileyReiterated RatingBuy$106.00 -> $120.00View 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 Group AGReiterated RatingBuy$100.00View Rating Details
10/6/2016JPMorgan Chase & Co.Reiterated RatingBuyView Rating Details
10/6/2016Citigroup Inc.Reiterated RatingBuy$108.00View Rating Details
8/15/2016DA DavidsonReiterated RatingBuy$110.00View Rating Details
8/13/2016SusquehannaReiterated RatingNeutralView Rating Details
8/10/2016Bank of America Corp.Set Price TargetBuy$108.00View Rating Details
8/11/2016Pacific CrestSet Price TargetBuy$101.00View Rating Details
7/28/2016Royal Bank Of CanadaLower Price TargetOutperform$105.00 -> $95.00View Rating Details
7/18/2016BlueFin ResearchUpgradePositiveView Rating Details
10/6/2015Piper Jaffray Cos.Reiterated 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
11/28/2014Berenberg BankInitiated CoverageBuy$95.00View Rating Details
(Data available from 10/25/2014 forward)


Earnings History for Lam Research Corp. (NASDAQ:LRCX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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 Corp. (NASDAQ:LRCX)
Current Year EPS Consensus Estimate: $7.700 EPS
Next Year EPS Consensus Estimate: $7.840 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)


Current Dividend Information for Lam Research Corp. (NASDAQ:LRCX)
Annual Dividend:$1.20
Dividend Yield:1.22%
Payout Ratio:23.86% (Based on Trailing 12 Months of Earnings)
15.58% (Based on Current Year Consensus EPS Estimate)
15.31% (Based on Next Year Consensus EPS Estimate)

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

Insider Trades

Insider Trading History for Lam Research Corp. (NASDAQ:LRCX)
Insider Ownership Percentage: 0.46%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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 Corp. (NASDAQ:LRCX)
DateHeadline logoGoldman Sachs Reinstates Neutral On Lam Research, Bullish On Long Term (NASDAQ:LRCX) - October 25 at 12:48 PM
News IconTop Gainers of the Day: Lam Research Corporation (NASDAQ:LRCX) from Semiconductor Equipment & Materials (NASDAQ:LRCX) - October 25 at 11:02 AM
News IconDeutsche Bank AG Reiterates "Buy" Rating for Lam Research Corp. (LRCX) (NASDAQ:LRCX) - October 25 at 11:02 AM logoLAM RESEARCH CORP Files SEC form 10-Q, Quarterly Report (NASDAQ:LRCX) - October 25 at 11:02 AM logoAmazon, Boston Beer, Ross Stores and Lam Research highlighted as Zacks Bull and Bear of the Day (NASDAQ:LRCX) - October 25 at 11:02 AM logoLam Research Corporation : Announces Change in Date and Location for Analyst Meeting (NASDAQ:LRCX) - October 24 at 5:46 PM logoLam Research Corporation (NASDAQ:LRCX) Short-Term Investments At $7214.476 Millions (NASDAQ:LRCX) - October 24 at 5:46 PM
News Icon2 Sizzling Hot Tech Stocks: Lam Research Corporation (LRCX), Activision Blizzard, Inc. (ATVI) - The Independent Republic (NASDAQ:LRCX) - October 24 at 11:24 AM
News IconNotable 13F Report: Lam Research Corp (LRCX) Shareholder ... - Chester News (NASDAQ:LRCX) - October 24 at 11:24 AM logoEPS Target Of Lam Research Corporation (NASDAQ:LRCX) At ... - Stocks Daily (NASDAQ:LRCX) - October 23 at 5:50 PM
News IconLam Research Corporation (NASDAQ:LRCX) from Semiconductor Equipment & Materials – Todays Top Gains (NASDAQ:LRCX) - October 22 at 5:39 PM logoEPS Target Of Lam Research Corporation (NASDAQ:LRCX) At $2.19? (NASDAQ:LRCX) - October 22 at 5:39 PM
News IconTaking Aim at CCI Levels for Lam Research Corporation (LRCX) - CSZ News (NASDAQ:LRCX) - October 22 at 10:04 AM
News Icon2 Sizzling Hot Tech Stocks: Frontier Communications Corporation (FTR), Lam Research Corporation (LRCX) - The Independent Republic (NASDAQ:LRCX) - October 21 at 6:00 PM logoLam Research Corp. : LRCX-US: Dividend Analysis : September 14th, 2016 (record date) : By the numbers : October 21, 2016 (NASDAQ:LRCX) - October 21 at 5:59 PM logoLam Research's (LRCX) CEO Martin Anstice on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha (NASDAQ:LRCX) - October 21 at 9:24 AM logoBRIEF-TSMC orders machinery equipment from Lam Research, Daifuku (NASDAQ:LRCX) - October 21 at 5:00 AM logoLam Research Corporation (LRCX) Reiterated as Buy on An Exceptional Quarter: Needham (NASDAQ:LRCX) - October 20 at 6:19 PM logoLam Research's (LRCX) CEO Martin Anstice on Q1 2017 Results - Earnings Call Transcript (NASDAQ:LRCX) - October 20 at 11:42 AM logoEdited Transcript of LRCX earnings conference call or presentation 19-Oct-16 9:00pm GMT (NASDAQ:LRCX) - October 20 at 11:42 AM logoLam Research (LRCX) Beats on Q1 Earnings, Lags Revenue (NASDAQ:LRCX) - October 20 at 11:42 AM logoLam Research Corporation Q1 Income Declines 9% (NASDAQ:LRCX) - October 19 at 6:19 PM logoLam Research : tops 1Q profit forecasts (NASDAQ:LRCX) - October 19 at 6:19 PM logoSeven New Stocks in My Purloined Portfolio (NASDAQ:LRCX) - October 19 at 6:19 PM logoWill Lam Research (LRCX) Beat on Earnings Again in Q1? - Nasdaq (NASDAQ:LRCX) - October 18 at 5:54 PM logoKLA-Tencor Should Be Fine Despite Lam Deal's Demise (NASDAQ:LRCX) - October 18 at 11:11 AM logoStocks To Track: Lam Research Corporation (LRCX), Great Plains Energy Incorporated (GXP), QEP Resources, Inc ... - iStreetWire (NASDAQ:LRCX) - October 17 at 11:00 AM logoWhy Earnings Season Could Be Great for Lam Research (LRCX) (NASDAQ:LRCX) - October 17 at 11:00 AM logoLam Research Corporation (NASDAQ:LRCX) EPS Target Range From $6.38 To $7.42 (NASDAQ:LRCX) - October 16 at 5:48 PM
News IconBroker Roundup For Lam Research Corporation (NASDAQ:LRCX) - The De Soto Edge (NASDAQ:LRCX) - October 16 at 10:28 AM
News IconA look at a High Market Cap Stock: Lam Research Corporation, LRCX - The Daily Leicester (NASDAQ:LRCX) - October 16 at 10:28 AM
News IconSemiconductor Equipment & Materials: Lam Research Corporation (NASDAQ:LRCX) Position of the day (NASDAQ:LRCX) - October 15 at 5:42 PM logoLam Research: Semiconductor Supplier For Sale - Seeking Alpha (NASDAQ:LRCX) - October 15 at 10:44 AM logoLam Research: Semiconductor Supplier For Sale (NASDAQ:LRCX) - October 14 at 5:49 PM logoLam Research Becomes #2 Most Shorted Nasdaq 100 Component, Replacing Mattel (NASDAQ:LRCX) - October 13 at 9:20 AM
News IconRe-embarked Stocks in News Highlights: Lam Research Corporation (NASDAQ:LRCX), Linear Technology ... - Seneca Globe (NASDAQ:LRCX) - October 12 at 11:12 AM logoLam Research downgraded by Pacific Crest (NASDAQ:LRCX) - October 12 at 11:12 AM logoLam Research (LRCX) Stock Down, Pacific Crest Cuts Rating (NASDAQ:LRCX) - October 12 at 11:12 AM
News IconLarge Cap Semiconductor Equipment & Materials: Lam Research Corporation (NASDAQ:LRCX) (NASDAQ:LRCX) - October 11 at 6:13 PM logoETF’s with exposure to Lam Research Corp. : October 11, 2016 (NASDAQ:LRCX) - October 11 at 6:13 PM logoLam Research Corp. (LRCX) Jumped To A New High After Merger Fell Apart - RTT News (NASDAQ:LRCX) - October 8 at 5:38 PM logoLam Research Corp. (LRCX) Has Set A New High After KLA-Tencor Merger Scrapped - RTT News (NASDAQ:LRCX) - October 8 at 10:31 AM logoLam Research Corp. (LRCX) Jumped To A New High After Merger Fell Apart (NASDAQ:LRCX) - October 7 at 11:01 AM logoKLA-Tencor Corporation -- Moody's confirms KLA-Tencor's Baa2 senior unsecured rating following merger termination (NASDAQ:LRCX) - October 7 at 11:01 AM logoLam Research Corp. -- Moody's affirms Lam Research's Baa1 senior unsecured rating following merger termination (NASDAQ:LRCX) - October 7 at 11:01 AM logoAnalyst Has 4 Red-Hot Tech Stocks to Buy for Q4 (NASDAQ:LRCX) - October 7 at 11:01 AM logoChip equipment maker Lam Research calls off KLA-Tencor deal (NASDAQ:LRCX) - October 6 at 5:50 PM logoLam Research Corp. (LRCX) Has Set A New High After KLA-Tencor Merger Scrapped (NASDAQ:LRCX) - October 6 at 5:50 PM logoEye of the Hurricane: Stocks Barely Budge as Payrolls Loom (NASDAQ:LRCX) - October 6 at 5:50 PM logoKLA-Tencor And Lam Research Terminate Proposed Merger; Credit Suisse Not Surprised (NASDAQ:LRCX) - October 6 at 1:20 PM


Lam Research Corp. (NASDAQ:LRCX) Chart for Tuesday, October, 25, 2016

Last Updated on 10/25/2016 by Staff