Shares of Technology sector company Lam Research moved -5.1% today, and are now trading at a price of $623.11. The large-cap stock's daily volume was 3,161,300 compared to its average volume of 1,142,382. The S&P 500 index returned a -1.0% performance.
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company is based in Fremont and has 17,200 full time employees. Its market capitalization is $82,569,551,872. Lam Research currently offers its equity investors a dividend that yields 1.1% per year.
22 analysts are following Lam Research and have set target prices ranging from $309.0 to $825.0 per share. On average, they have given the company a rating of buy. At today's prices, LRCX is trading -8.01% away from its average analyst target price of $677.36 per share.
Over the last year, LRCX's share price has increased by 53.0%, which represents a difference of 37.0% when compared to the S&P 500. The stock's 52 week high is $726.53 per share whereas its 52 week low is $299.59.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-08-24 | 3,099,674 | -546,034 | 3,645,708 | -7.4 |
| 2021-08-17 | 3,588,163 | -349,096 | 3,937,259 | 69.0 |
| 2020-08-18 | 2,126,451 | -203,239 | 2,329,690 | -33.05 |
| 2019-08-20 | 3,176,013 | -303,491 | 3,479,504 | 18.79 |
| 2018-08-14 | 2,655,747 | -273,469 | 2,929,216 | 34.04 |
| 2017-08-15 | 2,029,282 | -156,128 | 2,185,410 |
