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Lam Research Corp. (NASDAQ: LRCX) closed the day trading at $81.11 down -0.37% from the previous closing price of $81.41. In other words, the price has decreased by -$0.37 from its previous closing price. On the day, 6.35 million shares were traded. LRCX stock price reached its highest trading level at $82.121 during the session, while it also had its lowest trading level at $79.88.
Ratios:
For a better understanding of LRCX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.70. For the most recent quarter (mrq), Quick Ratio is recorded 2.00 and its Current Ratio is at 2.97. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.55.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 105515188224 and an Enterprise Value of 104765620224. As of this moment, Lam’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.96, and their Forward P/E ratio for the next fiscal year is 18.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.05 while its Price-to-Book (P/B) ratio in mrq is 12.38. Its current Enterprise Value per Revenue stands at 7.029 whereas that against EBITDA is 22.361.
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 -0.02%, while the 200-Day Moving Average is calculated to be -9.45%.
Shares Statistics:
Over the past 3-months, LRCX traded about 12.91M shares per day on average, while over the past 10 days, LRCX traded about 13883762 shares per day. A total of 1.30B shares are outstanding, with a floating share count of 1.29B. Insiders hold about 0.41% of the company’s shares, while institutions hold 86.11% stake in the company. Shares short for LRCX as of 1726185600 were 22039300 with a Short Ratio of 1.71, compared to 1723680000 on 23956310. Therefore, it implies a Short% of Shares Outstanding of 22039300 and a Short% of Float of 1.7000000000000002.
Dividends & Splits
LRCX’s forward annual dividend rate is 0.83, up from 0.8 a year ago. Against a Trailing Annual Dividend Yield of 0.009826924The stock’s 5-year Average Dividend Yield is 1.15.
