NASDAQ:LRCX Lam Research Stock Forecast, Price & 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 $318.69 +3.73 (+1.18 %) (As of 09/22/2020 12:00 AM ET) Add Compare Share Today's Range$310.19Now: $318.69▼$319.7350-Day Range$293.99MA: $344.35▼$384.9652-Week Range$181.38Now: $318.69▼$387.70Volume1.48 million shsAverage Volume2.08 million shsMarket Capitalization$46.41 billionP/E Ratio21.06Dividend Yield1.46%Beta1.27 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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™ 3.5 Analyst's Opinion Consensus RatingLam Research has received a consensus rating of Buy. The company's average rating score is 2.92, and is based on 23 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $374.08, Lam Research has a forecasted upside of 17.4% from its current price of $318.69.Amount of Analyst CoverageLam Research has been the subject of 16 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 1,262 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLam Research has received 594 “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 1.7 Dividend Strength Dividend YieldLam Research has a dividend yield of 1.46%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthLam Research has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Lam Research is 28.84%. 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 19.49% 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 $23,254,085.00 in company stock.Percentage Held by InsidersOnly 0.43% of the stock of Lam Research is held by insiders.Percentage Held by Institutions85.27% 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 14.12% in the coming year, from $20.68 to $23.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lam Research is 21.06, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Lam Research is 21.06, 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 61.04.Price to Earnings Growth RatioLam Research has a PEG Ratio of 1.11. 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 8.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 3.4Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.16 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 Ratio0.96 Current Ratio3.43 Quick Ratio2.83Price-To-Earnings Trailing P/E Ratio21.06 Forward P/E Ratio15.41 P/E Growth1.11 Sales & Book Value Annual Sales$10.04 billion Price / Sales4.62 Cash Flow$19.07 per share Price / Cash Flow16.71 Book Value$35.71 per share Price / Book8.92Profitability EPS (Most Recent Fiscal Year)$15.95 Net Income$2.25 billion Net Margins22.42% Return on Equity49.69% Return on Assets18.36%Miscellaneous Employees11,300 Outstanding Shares145,625,000Market Cap$46.41 billion Next Earnings Date10/28/2020 (Estimated) OptionableOptionable $318.69 +3.73 (+1.18 %) (As of 09/22/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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 price been impacted by COVID-19? 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 increased by 15.2% and is now trading at $318.69. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Lam Research? 25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lam Research in the last year. There are currently 2 hold ratings and 23 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, October 28th 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, July, 29th. The semiconductor company reported $4.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.20 by $0.58. The semiconductor company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.68 billion. Lam Research had a net margin of 22.42% and a return on equity of 49.69%. The firm's quarterly revenue was up 18.2% on a year-over-year basis. During the same period in the previous year, the company earned $3.62 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 Thursday, August 27th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $1.30 per share on Wednesday, October 14th. This represents a $5.20 annualized dividend and a dividend yield of 1.63%. The ex-dividend date of this dividend is Tuesday, September 29th. This is a boost from Lam Research's previous quarterly dividend of $1.15. 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 repurchase program on Wednesday, January 23rd 2019, which permits the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 23% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board believes its stock is undervalued. What guidance has Lam Research issued on next quarter's earnings? Lam Research issued an update on its first quarter earnings guidance on Wednesday, July, 29th. The company provided EPS guidance of $4.75-5.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.12. The company issued revenue guidance of $2.90-3.30 billion, compared to the consensus revenue estimate of $2.72 billion. What price target have analysts set for LRCX? 25 equities research analysts have issued 1 year price targets for Lam Research's stock. Their forecasts range from $265.00 to $450.00. On average, they expect Lam Research's stock price to reach $374.08 in the next year. This suggests a possible upside of 17.4% from the stock's current price. View analysts' price targets for Lam Research. Are investors shorting Lam Research? Lam Research saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 4,860,000 shares, an increase of 18.5% from the August 15th total of 4,100,000 shares. Based on an average trading volume of 1,790,000 shares, the days-to-cover ratio is currently 2.7 days. Currently, 3.4% of the shares of the stock are sold short. View Lam Research's Short Interest. 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), Xperi (XPER), Ultra Clean (UCTT), Axcelis Technologies (ACLS) 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), Intel (INTC), Netflix (NFLX), Advanced Micro Devices (AMD), Broadcom (AVGO), salesforce.com (CRM) and Adobe (ADBE). 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 number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.32%), BlackRock Inc. (7.86%), FMR LLC (4.58%), Nordea Investment Management AB (1.45%), Nuveen Asset Management LLC (1.31%) and Bank of New York Mellon Corp (1.12%). 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 FMR LLC, BlackRock Inc., LSV Asset Management, Prudential Financial Inc., AMF Pensionsforsakring AB, AQR Capital Management LLC, Two Sigma Advisers LP, and Sumitomo Mitsui Trust Holdings Inc.. Company insiders that have sold Lam Research company stock in the last year include 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 acquired by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Holocene Advisors LP, Coatue Management LLC, Epoch Investment Partners Inc., Fisher Asset Management LLC, TD Asset Management Inc., Neuberger Berman Group LLC, and Prudential PLC. 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 $318.69. How big of a company is Lam Research? Lam Research has a market capitalization of $46.41 billion and generates $10.04 billion in revenue each year. The semiconductor company earns $2.25 billion in net income (profit) each year or $15.95 on an earnings per share basis. Lam Research employs 11,300 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 9/23/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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