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Lam Research Corp (NASDAQ: LRCX) closed the day trading at $73.83 up 0.04% from the previous closing price of $73.80. In other words, the price has increased by $0.04 from its previous closing price. On the day, 5.61 million shares were traded. LRCX stock price reached its highest trading level at $74.15 during the session, while it also had its lowest trading level at $73.23.
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 15.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.64. 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.
On August 01, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $1000 to $1050.
On May 13, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $1100.Jefferies initiated its Buy rating on May 13, 2024, with a $1100 target price.
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 Nov 01 ’24 when Mayer Bethany sold 1,660 shares for $75.16 per share. The transaction valued at 124,757 led to the insider holds 28,930 shares of the business.
Mayer Bethany bought 1,660 shares of LRCX for $124,757 on Nov 01 ’24. On Oct 01 ’24, another insider, Correia Christina, who serves as the CVP , Chief Accounting Officer of the company, sold 647 shares for $817.51 each. As a result, the insider received 528,929 and left with 4,267 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 94996332544 and an Enterprise Value of 91287412736. As of this moment, Lam’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.89, and their Forward P/E ratio for the next fiscal year is 17.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.10 while its Price-to-Book (P/B) ratio in mrq is 11.26. Its current Enterprise Value per Revenue stands at 5.855 whereas that against EBITDA is 18.554.
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 $68.87. The 50-Day Moving Average of the stock is -1.39%, while the 200-Day Moving Average is calculated to be -15.16%.
Shares Statistics:
Over the past 3-months, LRCX traded about 12.46M shares per day on average, while over the past 10 days, LRCX traded about 14415700 shares per day. A total of 1.29B shares are outstanding, with a floating share count of 1.28B. Insiders hold about 0.42% of the company’s shares, while institutions hold 78.49% stake in the company. Shares short for LRCX as of 1732838400 were 33697874 with a Short Ratio of 2.56, compared to 1730332800 on 32548196. Therefore, it implies a Short% of Shares Outstanding of 33697874 and a Short% of Float of 2.6199998.
Dividends & Splits
LRCX’s forward annual dividend rate is 6.53, up from 0.83 a year ago. Against a Trailing Annual Dividend Yield of 0.011246611The stock’s 5-year Average Dividend Yield is 1.14.
