LRCX Stock Analysis – Key Insights and Updates

By Kim Brooks • Monday, October 28 15:10 • Permanent Link

Lam Research logged a -2.7% change during today's afternoon session, and is now trading at a price of $75.56 per share. The S&P 500 index moved 0.0%. LRCX's trading volume is 6,471,142 compared to the stock's average volume of 13,619,506.

Lam Research trades -20.0% away from its average analyst target price of $94.45 per share. The 25 analysts following the stock have set target prices ranging from $75.0 to $114.0, and on average have given Lam Research a rating of buy.

If you are considering an investment in LRCX, you'll want to know the following:

Lam Research's current price is -62.1% below its Graham number of $199.5, which implies the stock has a margin of safety
Lam Research has moved 33.1% over the last year, and the S&P 500 logged a change of 39.4%
Based on its trailing earnings per share of 3.09, Lam Research has a trailing 12 month Price to Earnings (P/E) ratio of 24.5 while the S&P 500 average is 29.3
LRCX has a forward P/E ratio of 17.8 based on its forward 12 month price to earnings (EPS) of $4.24 per share
The company has a price to earnings growth (PEG) ratio of 1.33 — a number near or below 1 signifying that Lam Research is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 11.52 compared to its sector average of 3.91
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits.
Based in Fremont, the company has 17,450 full time employees and a market cap of $97.93 Billion. Lam Research currently returns an annual dividend yield of 1.1%.

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.