Log in

Lam Research Stock Price, Forecast & Analysis (NASDAQ:LRCX)

$283.68
+8.59 (+3.12 %)
(As of 11/16/2019 08:00 AM ET)
Today's Range
$280.00
Now: $283.68
$285.87
50-Day Range
$227.80
MA: $251.66
$283.59
52-Week Range
$122.64
Now: $283.68
$285.87
Volume2.13 million shs
Average Volume1.78 million shs
Market Capitalization$41.16 billion
P/E Ratio19.50
Dividend Yield1.67%
Beta1.67
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. Read More…

Industry, Sector and Symbol

Industry Special industry machinery, not elsewhere classified
Sub-IndustrySemiconductor Equipment
SectorComputer and Technology
Current SymbolNASDAQ:LRCX
CUSIP51280710
Phone510-572-0200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.65 billion
Cash Flow$18.18 per share
Book Value$34.32 per share

Profitability

Net Income$2.19 billion

Miscellaneous

Employees10,700
Market Cap$41.16 billion
Next Earnings Date1/22/2020 (Estimated)
OptionableOptionable

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.


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 declared a quarterly dividend on Thursday, November 7th. Shareholders of record on Wednesday, December 11th will be paid a dividend of $1.15 per share on Wednesday, January 8th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date is Tuesday, December 10th. View Lam Research's Dividend History.

How will Lam Research's stock buyback program work?

Lam Research announced that its Board of Directors has authorized a stock buyback plan on Wednesday, January 23rd 2019, which authorizes the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 23% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its shares are undervalued.

How were Lam Research's earnings last quarter?

Lam Research Co. (NASDAQ:LRCX) posted its earnings results on Wednesday, October, 23rd. The semiconductor company reported $3.18 EPS for the quarter, topping the Zacks' consensus estimate of $3.01 by $0.17. The semiconductor company had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.17 billion. Lam Research had a return on equity of 43.11% and a net margin of 22.38%. The business's quarterly revenue was down 7.1% compared to the same quarter last year. During the same period in the previous year, the business posted $3.36 EPS. 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 Wednesday, January 22nd 2020. View Earnings Estimates for Lam Research.

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

Lam Research issued an update on its second quarter earnings guidance on Wednesday, October, 23rd. The company provided EPS guidance of $3.60-4.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.14. The company issued revenue guidance of $2.35-2.65 billion, compared to the consensus revenue estimate of $2.20 billion.

What price target have analysts set for LRCX?

19 equities research analysts have issued 1 year target prices for Lam Research's shares. Their forecasts range from $210.00 to $330.00. On average, they expect Lam Research's share price to reach $259.72 in the next twelve months. This suggests that the stock has a possible downside of 8.4%. View Analyst Price Targets for Lam Research.

What is the consensus analysts' recommendation for Lam Research?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lam Research in the last year. There are currently 10 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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 continues to ride on the back of robust equipment demand and solid execution. Rising adoption of 3D architectures are driving the performance of its non-memory segments. Advanced packaging technology inflections are tailwinds. Also, both etch and deposition technologies are expected to expand the company’s addressable market. Lam Research is benefiting from its transition to new data-enabled economy. Estimates have been stable lately ahead of the company’s Q1 earnings release. The company has positive record of earnings surprises in recent quarters. Shares have outperformed the industry it belongs to on a year-to-date basis. However, cyclicality and the ongoing U.S.-China trade war remain major headwinds." (10/14/2019)
  • 2. Mizuho analysts commented, "We believe N-T memory capex pushouts, market share and EUV could be headwinds." (4/25/2019)

Has Lam Research been receiving favorable news coverage?

Media stories about LRCX stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lam Research earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned news coverage about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Lam Research.

Are investors shorting Lam Research?

Lam Research saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 6,360,000 shares, an increase of 8.5% from the September 30th total of 5,860,000 shares. Based on an average daily trading volume, of 1,680,000 shares, the days-to-cover ratio is currently 3.8 days. Approximately 4.4% of the shares of the stock are sold short. View Lam Research's Current Options Chain.

Who are some of Lam Research's key competitors?

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 Visa (V).

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 a number of of institutional and retail investors. Top institutional shareholders include Parnassus Investments CA (0.66%), First Trust Advisors LP (0.45%), Sumitomo Mitsui Trust Holdings Inc. (0.42%), AMF Pensionsforsakring AB (0.31%), USS Investment Management Ltd (0.30%) and California Public Employees Retirement System (0.26%). Company insiders that own Lam Research stock include Abhijit Y Talwalkar, Christine Heckart, Douglas R Bettinger, Kevin Jennings, Martin B Anstice, Patrick J Lord, Richard A Gottscho, Sarah A O'dowd, Seshasayee Varadarajan, Timothy Archer and Vahid Vahedi. View Institutional Ownership Trends for Lam Research.

Which institutional investors are selling Lam Research stock?

LRCX stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Parnassus Investments CA, State of New Jersey Common Pension Fund D, Mackay Shields LLC, Massachusetts Financial Services Co. MA, Teacher Retirement System of Texas, Robeco Institutional Asset Management B.V. and Renaissance Group LLC. Company insiders that have sold Lam Research company stock in the last year include Abhijit Y Talwalkar, Christine Heckart, Douglas R Bettinger, Kevin Jennings, Patrick J Lord, Richard A Gottscho, Sarah A O'dowd, Seshasayee Varadarajan and Vahid Vahedi. View Insider Buying and Selling for Lam Research.

Which institutional investors are buying Lam Research stock?

LRCX stock was acquired by a variety of institutional investors in the last quarter, including USS Investment Management Ltd, AMF Pensionsforsakring AB, Artemis Investment Management LLP, California Public Employees Retirement System, Commerzbank Aktiengesellschaft FI, Columbus Circle Investors, Russell Investments Group Ltd. and Zurcher Kantonalbank Zurich Cantonalbank. 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, Robinhood, Fidelity and Charles Schwab.

What is Lam Research's stock price today?

One share of LRCX stock can currently be purchased for approximately $283.68.

How big of a company is Lam Research?

Lam Research has a market capitalization of $41.16 billion and generates $9.65 billion in revenue each year. The semiconductor company earns $2.19 billion in net income (profit) each year or $14.55 on an earnings per share basis. Lam Research employs 10,700 workers across the globe.View Additional Information About Lam Research.

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:  3.4 out of 5 (star star star)
Outperform Votes:  1,180 (Vote Outperform)
Underperform Votes:  543 (Vote Underperform)
Total Votes:  1,723
MarketBeat'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 11/17/2019 by MarketBeat.com Staff

Featured Article: Depreciation

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.

Yahoo Gemini Pixel