Lam Research (NASDAQ:LRCX - Get Free Report) is expected to be issuing its quarterly earnings data after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $1.00 per share and revenue of $4.64 billion for the quarter. Lam Research has set its Q3 2025 guidance at 0.900-1.100 EPS.Investors that are interested in participating in the company's conference call can do so using this link.
Lam Research (NASDAQ:LRCX - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.87 by $0.04. Lam Research had a return on equity of 51.86% and a net margin of 26.49%. On average, analysts expect Lam Research to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Lam Research Price Performance
Shares of NASDAQ LRCX traded down $1.38 during mid-day trading on Friday, reaching $63.76. 13,845,188 shares of the company were exchanged, compared to its average volume of 12,194,506. The company has a quick ratio of 1.73, a current ratio of 2.54 and a debt-to-equity ratio of 0.51. The company's 50 day moving average price is $75.18 and its 200 day moving average price is $76.08. Lam Research has a 52 week low of $56.32 and a 52 week high of $113.00. The stock has a market capitalization of $81.85 billion, a PE ratio of 19.37, a PEG ratio of 1.47 and a beta of 1.52.
Lam Research Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th were paid a $0.23 dividend. The ex-dividend date was Wednesday, March 5th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.44%. Lam Research's dividend payout ratio (DPR) is 27.96%.
Insider Activity
In related news, SVP Seshasayee Varadarajan sold 110,080 shares of the stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $90.00, for a total value of $9,907,200.00. Following the completion of the sale, the senior vice president now directly owns 179,084 shares of the company's stock, valued at approximately $16,117,560. This represents a 38.07 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.29% of the company's stock.
Institutional Investors Weigh In On Lam Research
A hedge fund recently raised its stake in Lam Research stock. Brighton Jones LLC grew its holdings in Lam Research Co. (NASDAQ:LRCX - Free Report) by 1,032.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,189 shares of the semiconductor company's stock after purchasing an additional 12,936 shares during the quarter. Brighton Jones LLC's holdings in Lam Research were worth $1,025,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 84.61% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on LRCX. KeyCorp raised shares of Lam Research from a "sector weight" rating to an "overweight" rating and set a $95.00 price target on the stock in a report on Friday, January 17th. Wolfe Research lowered Lam Research from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, January 15th. UBS Group dropped their price objective on Lam Research from $95.00 to $90.00 and set a "buy" rating for the company in a report on Monday. Jefferies Financial Group raised their target price on shares of Lam Research from $95.00 to $100.00 and gave the stock a "buy" rating in a research report on Friday, March 28th. Finally, Susquehanna raised Lam Research from a "neutral" rating to a "positive" rating and upped their price target for the stock from $75.00 to $125.00 in a research note on Thursday, February 20th. Six equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $93.87.
Get Our Latest Report on LRCX
Lam Research Company Profile
(
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Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.
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