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NASDAQ:LRCXLam Research Stock Price, Forecast & News

$273.67
+6.85 (+2.57 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$266.09
Now: $273.67
$275.80
50-Day Range
$234.52
MA: $260.66
$279.99
52-Week Range
$171.04
Now: $273.67
$344.32
Volume2.80 million shs
Average Volume2.37 million shs
Market Capitalization$39.73 billion
P/E Ratio19.67
Dividend Yield1.68%
Beta1.34
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 3.4Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.64 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.65 billion
Cash Flow$17.63 per share
Book Value$31.34 per share

Profitability

Net Income$2.19 billion

Miscellaneous

Employees10,700
Market Cap$39.73 billion
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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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 Coronavirus reached pandemic status according to the World Health Organization. Since then, LRCX shares have decreased by 1.1% and is now trading at $273.67. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Lam Research?

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lam Research in the last year. There are currently 6 hold ratings and 20 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, July 29th 2020. View our earnings forecast for Lam Research.

How were Lam Research's earnings last quarter?

Lam Research Co. (NASDAQ:LRCX) announced its quarterly earnings data on Wednesday, April, 22nd. The semiconductor company reported $3.98 earnings per share for the quarter, meeting the Zacks' consensus estimate of $3.98. The semiconductor company earned $2.51 billion during the quarter, compared to analysts' expectations of $2.51 billion. Lam Research had a net margin of 21.81% and a return on equity of 47.79%. The business's revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the company posted $3.70 EPS. 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 Monday, May 18th. Stockholders of record on Wednesday, June 17th will be given a dividend of $1.15 per share on Wednesday, July 8th. This represents a $4.60 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date is Tuesday, June 16th. View Lam Research's dividend history.

How will Lam Research's stock buyback program work?

Lam Research declared that its board has initiated a stock repurchase plan 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 reacquire up to 23% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors believes its shares are undervalued.

What price target have analysts set for LRCX?

26 brokers have issued 1-year price objectives for Lam Research's stock. Their forecasts range from $231.00 to $370.00. On average, they anticipate Lam Research's stock price to reach $306.20 in the next twelve months. This suggests a possible upside of 11.9% from the stock's current price. View analysts' price targets for Lam Research.

Has Lam Research been receiving favorable news coverage?

Press coverage about LRCX stock has been trending extremely negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by monitoring 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 daily sentiment score of -4.0 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 media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutLam Research.

Are investors shorting Lam Research?

Lam Research saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,230,000 shares, an increase of 7.9% from the April 30th total of 3,920,000 shares. Based on an average trading volume of 2,480,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 2.9% of the shares of the company are short sold. 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), Intel (INTC), Broadcom (AVGO), Adobe (ADBE), Boeing (BA) and salesforce.com (CRM).

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 BlackRock Inc. (8.72%), State Street Corp (4.39%), Janus Henderson Group PLC (3.04%), Geode Capital Management LLC (1.77%), Nuveen Asset Management LLC (1.46%) and Bank of New York Mellon Corp (1.08%). Company insiders that own Lam Research stock include Abhijit Y Talwalkar, Christine Heckart, 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 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 AQR Capital Management LLC, Two Sigma Advisers LP, Capital Research Global Investors, Parnassus Investments CA, Bank of New York Mellon Corp, Janus Henderson Group PLC, APG Asset Management N.V., and APG Asset Management N.V.. 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 acquired by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Nuveen Asset Management LLC, Sumitomo Mitsui Trust Holdings Inc., Sound Shore Management Inc. CT, PNC Financial Services Group Inc., BlackRock Inc., Fred Alger Management LLC, and Clearbridge Investments 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 $273.67.

How big of a company is Lam Research?

Lam Research has a market capitalization of $39.73 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.

What is Lam Research's official website?

The official website for Lam Research is 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 5/31/2020 by MarketBeat.com Staff

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