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 $291.84 +4.95 (+1.73 %) (As of 06/4/2020 04:00 PM ET) Add Compare Share Today's Range$283.16Now: $291.84▼$293.6050-Day Range$234.52MA: $261.93▼$279.9952-Week Range$172.38Now: $291.84▼$344.32Volume2.05 million shsAverage Volume2.27 million shsMarket Capitalization$42.36 billionP/E Ratio20.98Dividend Yield1.60%Beta1.33 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider 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™ 2.4 Analyst's Opinion Consensus RatingLam Research has received a consensus rating of Buy. The company's average rating score is 2.77, and is based on 20 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $306.20, Lam Research has a potential upside of 4.9% from its current price of $291.84.Amount of Analyst CoverageLam Research has been the subject of 21 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 1,239 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLam Research has received 583 “underperform” votes. (Add your “underperform” vote.)Community SentimentLam Research has received 68.00% “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 1.69%, 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 26.84 % 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 $7,805,700.00 in company stock.Percentage Held by InsidersOnly 0.43% of the stock of Lam Research is held by insiders.Percentage Held by Institutions85.09% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Lam Research are expected to grow by 11.37% in the coming year, from $15.39 to $17.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lam Research is 20.98, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Lam Research is 20.98, 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 39.54.Price to Earnings Growth RatioLam Research has a PEG Ratio of 1.38. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioLam Research has a P/B Ratio of 9.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 3.4Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.44 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 Webwww.lamresearch.com Phone510-572-0200Debt Debt-to-Equity Ratio1.11 Current Ratio4.47 Quick Ratio3.67Price-To-Earnings Trailing P/E Ratio20.98 Forward P/E Ratio18.96 P/E Growth1.38 Sales & Book Value Annual Sales$9.65 billion Price / Sales4.39 Cash Flow$18.95 per share Price / Cash Flow15.40 Book Value$31.50 per share Price / Book9.26Profitability EPS (Most Recent Fiscal Year)$14.55 Net Income$2.19 billion Net Margins21.81% Return on Equity47.79% Return on Assets18.14%Miscellaneous Employees10,700 Outstanding Shares145,162,000Market Cap$42.36 billion Next Earnings Date7/29/2020 (Estimated) OptionableOptionable NASDAQ:LRCX Rates by TradingView 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 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 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LRCX shares have increased by 5.5% and is now trading at $291.84. 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) posted its quarterly earnings data on Wednesday, April, 22nd. The semiconductor company reported $3.98 EPS for the quarter, meeting the Zacks' consensus estimate of $3.98. The semiconductor company had revenue of $2.51 billion for the quarter, compared to analyst estimates of $2.51 billion. Lam Research had a net margin of 21.81% and a return on equity of 47.79%. The firm's revenue was up 2.7% compared to the same quarter last year. During the same period 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 declared a quarterly dividend on Monday, May 18th. Shareholders of record on Wednesday, June 17th will be paid a dividend of $1.15 per share on Wednesday, July 8th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 1.58%. 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 announced that its board has authorized a share buyback program on Wednesday, January 23rd 2019, which allows the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 23% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its stock is 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 expect Lam Research's share price to reach $306.20 in the next year. This suggests a possible upside of 4.9% from the stock's current price. View analysts' price targets for Lam Research. Has Lam Research been receiving favorable news coverage? News coverage about LRCX stock has trended somewhat negative on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lam Research earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media stories about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutLam Research. Are investors shorting Lam Research? Lam Research saw a increase in short interest in 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 daily volume of 2,480,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 2.9% of the company's shares 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), FormFactor (FORM), Nanometrics (ONTO), Ultra Clean (UCTT), Axcelis Technologies (ACLS), Photronics (PLAB) and Cohu (COHU). View all 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 major 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 major investors are buying Lam Research stock? LRCX stock was bought 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 $291.84. How big of a company is Lam Research? Lam Research has a market capitalization of $42.36 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 6/4/2020 by MarketBeat.com Staff
