NASDAQ:LRCXLam Research Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Lam Research Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $218.15 -2.42 (-1.10 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$213.29Now: $218.15▼$224.4450-Day Range$187.89MA: $273.94▼$341.5852-Week Range$171.04Now: $218.15▼$344.32Volume1.49 million shsAverage Volume2.22 million shsMarket Capitalization$31.75 billionP/E Ratio16.16Dividend Yield2.09%Beta1.5 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 4.4 Analyst's Opinion Consensus RatingLam Research has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 15 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $301.95, Lam Research has a potential upside of 38.4% from its current price of $218.15.Amount of Analyst CoverageLam Research has been the subject of 17 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.4 Community Rank Outperform VotesLam Research has received 1,225 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLam Research has received 576 “underperform” votes. (Add your “underperform” vote.)Community SentimentLam Research has received 68.02% “outperform” votes from our community.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. Previous Next 4.2 Dividend Strength Dividend LeadershipLam Research is a leading dividend payer. It pays a dividend yield of 2.09%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLam Research has been increasing its dividend for 5 years.Dividend CoverageThe dividend payout ratio of Lam Research is 31.62 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Lam Research will have a dividend payout ratio of 23.74 % next year. This indicates that Lam Research will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lam Research insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,847,246.00 in company stock.Percentage Held by InsidersOnly 0.43% of the stock of Lam Research is held by insiders.Percentage Held by Institutions86.57% of the stock of Lam Research is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Lam Research are expected to grow by 21.81% in the coming year, from $15.91 to $19.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lam Research is 16.16, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Lam Research is 16.16, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 30.40.Price to Earnings Growth RatioLam Research has a PEG Ratio of 0.79. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioLam Research has a P/B Ratio of 6.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.4Community Rank: 3.4Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.21 out of 5 stars 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 Webhttp://www.lamresearch.com/ Phone510-572-0200Debt Debt-to-Equity Ratio0.86 Current Ratio3.30 Quick Ratio2.70Price-To-Earnings Trailing P/E Ratio16.16 Forward P/E Ratio13.71 P/E Growth0.79 Sales & Book Value Annual Sales$9.65 billion Price / Sales3.29 Cash Flow$17.22 per share Price / Cash Flow12.67 Book Value$31.50 per share Price / Book6.93Profitability EPS (Most Recent Fiscal Year)$14.55 Net Income$2.19 billion Net Margins21.67% Return on Equity45.72% Return on Assets18.10%Miscellaneous Employees10,700 Outstanding Shares145,548,000Market Cap$31.75 billion Next Earnings Date4/22/2020 (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. NASDAQ:LRCX Rates by TradingView Lam Research (NASDAQ:LRCX) Frequently Asked Questions How has Lam Research's stock been impacted by COVID-19 (Coronavirus)? Lam Research's stock was trading at $276.63 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LRCX shares have decreased by 21.1% and is now trading at $218.15. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Lam Research? 21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lam Research in the last year. There are currently 6 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Lam Research. When is Lam Research's next earnings date? Lam Research is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. View our earnings forecast for Lam Research. How were Lam Research's earnings last quarter? Lam Research Co. (NASDAQ:LRCX) released its quarterly earnings results on Wednesday, January, 29th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.85 by $0.16. The semiconductor company had revenue of $2.58 billion for the quarter, compared to the consensus estimate of $2.51 billion. Lam Research had a net margin of 21.67% and a return on equity of 45.72%. Lam Research's revenue was up 19.3% on a year-over-year basis. During the same quarter last year, the firm posted $3.87 earnings per share. View Lam Research's earnings history. How often does Lam Research pay dividends? What is the dividend yield for Lam Research? Lam Research announced a quarterly dividend on Friday, February 21st. Stockholders of record on Wednesday, March 25th will be paid a dividend of $1.15 per share on Wednesday, April 8th. This represents a $4.60 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend is Tuesday, March 24th. View Lam Research's dividend history. How will Lam Research's stock buyback program work? Lam Research declared that its board has authorized a share buyback program on Wednesday, January 23rd 2019, which authorizes the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 23% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued. What guidance has Lam Research issued on next quarter's earnings? Lam Research issued an update on its third quarter earnings guidance on Wednesday, January, 29th. The company provided earnings per share guidance of $4.15-4.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.48. The company issued revenue guidance of $2.6-3.0 billion, compared to the consensus revenue estimate of $2.57 billion. What price target have analysts set for LRCX? 21 analysts have issued 12-month price objectives for Lam Research's stock. Their forecasts range from $210.00 to $400.00. On average, they anticipate Lam Research's stock price to reach $301.95 in the next year. This suggests a possible upside of 38.4% from the stock's current price. View analysts' price targets 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. Moreover, rising adoption of 3D architectures remains positive. It continues to drive the performance of the company’s non-memory segments. Further, advanced packaging technology inflections are acting as tailwinds. Also, both etch and deposition technologies are expected to expand the company’s serviceable addressable market. 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 outperformed the industry it belongs to over the past year. However, cyclicality, the ongoing U.S.-China trade war and foreign currency fluctuations remain major headwinds." (3/31/2020) 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 coverage about LRCX stock has been trending very negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. 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 news impact score of -3.3 on InfoTrie's scale. They also assigned media coverage about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutLam Research. Are investors shorting Lam Research? Lam Research saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 3,861,800 shares, an increase of 11.6% from the February 27th total of 3,460,000 shares. Based on an average daily trading volume, of 2,265,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 2.7% of the shares of the company are sold short. View Lam Research's Current Options Chain. Who are some of Lam Research's key competitors? Some companies that are related to Lam Research include Applied Materials (AMAT), KLA (KLAC), Teradyne (TER), Entegris (ENTG), MKS Instruments (MKSI), Cabot Microelectronics (CCMP), Brooks Automation (BRKS), Amkor Technology (AMKR), Advanced Energy Industries (AEIS), Nanometrics (ONTO), FormFactor (FORM), Xperi (XPER), Photronics (PLAB), Axcelis Technologies (ACLS) and Ultra Clean (UCTT). 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), Boeing (BA), Adobe (ADBE) and Cisco Systems (CSCO). Who are Lam Research's key executives? Lam Research's management team includes the following 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 What is Lam Research's stock symbol? Lam Research trades on the NASDAQ under the ticker symbol "LRCX." Who are Lam Research's major shareholders? Lam Research's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include McGuire Investment Group LLC (0.03%), Neville Rodie & Shaw Inc. (0.03%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). Company insiders that own Lam Research stock include Abhijit Y Talwalkar, Christine Heckart, Douglas R Bettinger, Kevin Jennings, Mansy Youssef A El, Martin B Anstice, Patrick J Lord, Richard A Gottscho, Sarah A O'dowd, Scott Gerald Meikle, 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 Neville Rodie & Shaw Inc., and McGuire Investment Group LLC. Company insiders that have sold Lam Research company stock in the last year include Abhijit Y Talwalkar, Douglas R Bettinger, Kevin Jennings, Mansy Youssef A El, Patrick J Lord, Richard A Gottscho, Sarah A O'dowd, Scott Gerald Meikle, Seshasayee Varadarajan, Timothy Archer, and Vahid Vahedi. View insider buying and selling activity for Lam Research. Which institutional investors are buying Lam Research stock? LRCX stock was bought by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC. View insider buying and selling activity 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 $218.15. How big of a company is Lam Research? Lam Research has a market capitalization of $31.75 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] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: How to calculate the annual rate of depreciation
