Lam Research moved 0.2% this evening session, trading between a high of $623.01 and a low of $613.63 per share. Yesterday the stock finished at $619.11 per share, compared to an average analyst target price of $677.36.
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The large-cap industrial machinery/components company is based in the United States, and over the last twelve months it has returned a dividend yield of 1.1%. Lam Research has trailing twelve months earnings per share (EPS) of 33.18, which at today's prices amounts to a price to earnings (P/E) ratio of 18.7.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 2.67. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
---|---|---|---|---|
2022-08-24 | 17,227,039 | -9,355,232 | 46 | -2.13 |
2021-08-17 | 14,626,150 | -7,820,844 | 47 | 2.17 |
2020-08-18 | 10,044,736 | -5,436,043 | 46 | 2.22 |
2019-08-20 | 9,653,559 | -5,295,100 | 45 | -4.26 |
2018-08-14 | 11,076,998 | -5,911,966 | 47 | 4.44 |
2017-08-15 | 8,013,620 | -4,410,261 | 45 |
At 46.0%, Lam Research's average gross margins are wider than the 34.2% average of its industry peer group, which suggests that the firm might have a competitive advantage.