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As of close of business last night, Lam Research Corp.’s stock clocked out at $76.45, down -2.38% from its previous closing price of $78.31. In other words, the price has decreased by -$2.38 from its previous closing price. On the day, 11.01 million shares were traded. LRCX stock price reached its highest trading level at $77.2 during the session, while it also had its lowest trading level at $75.85.
Ratios:
To gain a deeper understanding of LRCX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.33. For the most recent quarter (mrq), Quick Ratio is recorded 1.74 and its Current Ratio is at 2.53. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.53.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on August 01, 2024, Reiterated its Buy rating but revised its target price to $1050 from $1000 previously.
On May 13, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $1100.
TD Cowen reiterated its Buy rating for the stock on April 25, 2024, while the target price for the stock was revised from $975 to $1000.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 01 ’24 when Correia Christina sold 647 shares for $817.51 per share. The transaction valued at 528,929 led to the insider holds 4,267 shares of the business.
Correia Christina bought 647 shares of LRCX for $528,929 on Oct 01 ’24. On Jul 12 ’24, another insider, Fernandes Neil J, who serves as the Senior Vice President of the company, sold 1,620 shares for $1056.99 each. As a result, the insider received 1,712,324 and left with 5,237 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LRCX now has a Market Capitalization of 100800077824 and an Enterprise Value of 97283366912. As of this moment, Lam’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.74, and their Forward P/E ratio for the next fiscal year is 18.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.31 while its Price-to-Book (P/B) ratio in mrq is 11.66. Its current Enterprise Value per Revenue stands at 6.24 whereas that against EBITDA is 19.772.
Stock Price History:
Over the past 52 weeks, LRCX has reached a high of $113.00, while it has fallen to a 52-week low of $57.44. The 50-Day Moving Average of the stock is -2.70%, while the 200-Day Moving Average is calculated to be -14.78%.
Shares Statistics:
It appears that LRCX traded 13.63M shares on average per day over the past three months and 15721180 shares per day over the past ten days. A total of 1.30B shares are outstanding, with a floating share count of 1.28B. Insiders hold about 0.41% of the company’s shares, while institutions hold 86.75% stake in the company. Shares short for LRCX as of 1728950400 were 29336124 with a Short Ratio of 2.15, compared to 1726185600 on 22039300. Therefore, it implies a Short% of Shares Outstanding of 29336124 and a Short% of Float of 2.27.
Dividends & Splits
With its trailing 12-month dividend rate of 0.83, LRCX has a forward annual dividend rate of 8.30. Against a Trailing Annual Dividend Yield of 0.010598902The stock’s 5-year Average Dividend Yield is 1.15.
