What is the price of LRCX stock?
One share of LRCX stock can currently be purchased for approximately $605.79. How much money does Lam Research make? Lam Research has a market capitalization of $85.29 billion and generates $14.63 billion in revenue each year. The semiconductor company earns $3.91 billion in net income (profit) each year or $29.62 on an earnings per share basis.
Is Lam Research (LRCX) a stable stock to buy?
LRCX ranks lowest in Stability; there it ranks in the 40th percentile. LRCX has a market capitalization of $95,603,723,250 -- more than approximately 97.27% of US stocks. Lam Research Corp's stock had its IPO on March 26, 1990, making it an older stock than 84% of US equities in our set.
Will Price-to-sales (P/S) multiple for LRCX rise again in 2021?
Price-To-Sales (P/S) multiple for LRCX rose strongly from 1.7x in 2018 to 6.9x by 2021 end, but has pulled back to 4x currently, still more than 2x higher than its 2018 level.
How did LRCX’s revenue perform in FY ’19?
LRCX’s total revenue initially dropped from $11.1 billion in FY ’18 to $9.7 billion in FY ’19, before jumping strongly to $14.6 billion in FY ’21, and currently stands even higher at $16.5 billion (LRCX’s fiscal year ends in June).
Is LRCX a buy Zacks?
See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
Why is Lam Research dropping?
Summary. Lam Research stock is down as outlook below consensus mark was blamed on supply chain disruptions, plus COVID, labor shortages, and high gas prices. Applied Materials, which announces quarterly earnings next month will be negatively impacted as they share component suppliers with Lam.
Is Lam Research a buy?
Great news for investors – Lam Research is still trading at a fairly cheap price. My valuation model shows that the intrinsic value for the stock is $794.70, but it is currently trading at US$482 on the share market, meaning that there is still an opportunity to buy now.
Who is the CEO of Lam Research?
Timothy Archer (Dec 5, 2018–)Lam Research / CEO
Is Lrcx undervalued?
The latest price of the firm is $394.83. At this time, the firm appears to be undervalued....1.27.LowTarget PriceHigh597.00728.67869.00
Is Lam Research stock going to split?
Stock splits involve dividing shares of a company into smaller pieces without changing its market capitalization (cap)....Which Stocks Will Split in 2022? 3 Possibilities to Watch.EQIXEquinix$770.08LRCXLam Research$505.39SIVBSVB Financial$530.77Apr 6, 2022
Is LRCX a good investment?
Out of 11 analysts, 4 (36.36%) are recommending LRCX as a Strong Buy, 0 (0%) are recommending LRCX as a Buy, 7 (63.64%) are recommending LRCX as a Hold, 0 (0%) are recommending LRCX as a Sell, and 0 (0%) are recommending LRCX as a Strong Sell.
Is Lam Research overvalued?
LRCX stock looks overvalued at the moment, as its enterprise value to EBITDA ratio is 16.05 times compared to its historical average of 11.11 times. Also, its price to normalized earnings ratio is 19.58 times compared to its historical average of 15.19 times.
What do analysts say about Lam Research?
Stock Price Forecast The 23 analysts offering 12-month price forecasts for Lam Research Corp have a median target of 600.00, with a high estimate of 840.00 and a low estimate of 510.00. The median estimate represents a +44.53% increase from the last price of 415.14.
Who competes with Lam Research?
Lam Research competitors include Ichor Systems, KLA-TENCOR CORPORATION and ASML.
Is Lam Research a Fortune 500 company?
Lam jumped 54 slots to #250 on the Fortune 500, an annual list published by Fortune magazine that ranks the largest corporations in the United States by revenue for the 2021 fiscal year.
Is Lam Research an American company?
Lam Research Corporation (NASDAQ:LRCX) is an American semiconductor company that focuses on designing, manufacturing, marketing and servicing semiconductor processing equipment used in integrated circuit fabrication.
About Lam Research
Headlines
Lam Research Corp. engages in manufacturing and servicing of wafer processing semiconductor manufacturing equipment. It operates through the following geographical segments: the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. It offers thin film deposition, plasma etch, photoresist strip, and wafer cleaning.
Lam Research (NASDAQ:LRCX) Frequently Asked Questions
Is There An Opportunity With Lam Research Corporation's (NASDAQ:LRCX) 41% Undervaluation?
Lam Research (LRCX) Gains But Lags Market: What You Should Know
25 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lam Research in the last twelve months. There are currently 11 hold ratings and 14 buy ratings for the stock.
Lam Research (NASDAQ:LRCX) Is Very Good At Capital Allocation
In the latest trading session, Lam Research (LRCX) closed at $573.20, marking a +1.83% move from the previous day.
Have Times Changed for Lam Research Stock?
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Is Lam Research Stock Price Too High?
As far as Lam Research stock goes, analysts at Credit Suisse Group AG (ADR) (NYSE: CS) clearly expressed the argument that times have changed.
Bottom Line on Lam Research Stock
LRCX stock remains cheap enough that investors still are pricing in some amount of cyclicality going forward. Backing out roughly $17 per share in net cash, LRCX trades at a little over 12x fiscal year 2019 (ending June) analyst earnings per share estimates.
Component Grades
That’s roughly 9.5% annual return, plus almost 1% in dividends. Combined returns of 10%+ are attractive — but perhaps not convincingly, given the secular and trading risks involved at the moment.
LRCX POWR Grades
We have 9 different ratings for every stock to help you appreciate its future potential. You can unlock it all now.
LRCX Valuation Summary
LRCX scores best on the Quality dimension, with a Quality rank ahead of 86.87% of US stocks.
LRCX's Quality Factors
LRCX's price/earnings ratio is 21.8; this is 44.1% lower than that of the median Technology stock.
Latest LRCX News From Around the Web
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
Continue Researching LRCX
Below are the latest news stories about Lam Research Corp that investors may wish to consider to help them evaluate LRCX as an investment opportunity.
