Shares of Technology sector company Lam Research moved -0.2% today, and are now trading at a price of $128.0. The Large-Cap stock's daily volume was 1,587,841 compared to its average volume of 11,166,184. 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 in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company is based in Fremont and has 19,000 full time employees. Its market capitalization is $161,999,486,976. Lam Research currently offers its equity investors a dividend that yields 0.7% per year.
29 analysts are following Lam Research and have set target prices ranging from $80.0 to $160.0 per share. On average, they have given the company a rating of buy. At today's prices, LRCX is trading 14.74% away from its average analyst target price of $111.55 per share.
Over the last year, LRCX's share price has increased by 51.4%, which represents a difference of 35.9% when compared to the S&P 500. The stock's 52 week high is $133.57 per share whereas its 52 week low is $56.32. With average free cash flows of $3.25 Billion that have been growing at an average rate of 12.2% over the last 5 years, Lam Research is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 4,652,269 | 396,670 | 4,255,599 | -9.02 |
| 2023 | 5,178,938 | 501,568 | 4,677,370 | 83.16 |
| 2022 | 3,099,674 | 546,034 | 2,553,640 | -21.16 |
| 2021 | 3,588,163 | 349,096 | 3,239,067 | 68.42 |
| 2020 | 2,126,451 | 203,239 | 1,923,212 | -33.05 |
| 2019 | 3,176,013 | 303,491 | 2,872,522 |
