Key Insights on Lam Research – A Must-Read for Investors

More and more people are talking about Lam Research over the last few weeks. Is it worth buying the Farm & Heavy Construction Machinery stock at a price of $779.53? Only time will tell. The information below will give you a basic idea of what this investment may entail:

  • Lam Research has moved 74.4% over the last year, and the S&P 500 logged a change of 22.9%

  • LRCX has an average analyst rating of buy and is 8.43% away from its mean target price of $718.94 per share

  • Its trailing earnings per share (EPS) is $29.45

  • Lam Research has a trailing 12 month Price to Earnings (P/E) ratio of 26.5 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $35.37 and its forward P/E ratio is 22.0

  • The company has a Price to Book (P/B) ratio of 12.79 in contrast to the S&P 500's average ratio of 2.95

  • Lam Research is part of the Technology sector, which has an average P/E ratio of 35.0 and an average P/B of 7.92

  • LRCX has reported YOY quarterly earnings growth of -35.9% and gross profit margins of 0.5%

  • The company has a free cash flow of $3.58 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers 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. Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally. The company was incorporated in 1980 and is headquartered in Fremont, California.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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