Q1 Earnings Forecast for Lam Research Issued By B. Riley

Lam Research Co. (NASDAQ:LRCX - Free Report) - Equities research analysts at B. Riley issued their Q1 2027 EPS estimates for Lam Research in a research report issued on Monday, April 21st. B. Riley analyst C. Ellis expects that the semiconductor company will post earnings per share of $0.95 for the quarter. The consensus estimate for Lam Research's current full-year earnings is $3.71 per share. B. Riley also issued estimates for Lam Research's Q2 2027 earnings at $1.03 EPS and Q3 2027 earnings at $0.98 EPS.

Lam Research (NASDAQ:LRCX - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.87 by $0.04. Lam Research had a net margin of 26.49% and a return on equity of 51.86%.

LRCX has been the subject of several other research reports. Needham & Company LLC reissued a "buy" rating and set a $90.00 price target on shares of Lam Research in a research report on Thursday, January 30th. Susquehanna upgraded Lam Research from a "neutral" rating to a "positive" rating and lifted their price objective for the stock from $75.00 to $125.00 in a research report on Thursday, February 20th. Wells Fargo & Company upped their target price on shares of Lam Research from $82.00 to $85.00 and gave the company an "equal weight" rating in a report on Thursday, January 30th. Oppenheimer lowered their price target on shares of Lam Research from $95.00 to $80.00 and set an "outperform" rating for the company in a report on Friday, April 11th. Finally, Sanford C. Bernstein raised shares of Lam Research from a "market perform" rating to an "outperform" rating and upped their price objective for the company from $85.00 to $91.00 in a research note on Thursday, January 30th. Six analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $93.63.

Lam Research Trading Up 1.7 %

Shares of LRCX opened at $63.48 on Wednesday. Lam Research has a 1-year low of $56.32 and a 1-year high of $113.00. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.54 and a quick ratio of 1.73. The firm has a 50 day simple moving average of $74.01 and a 200-day simple moving average of $75.68. The stock has a market cap of $81.49 billion, a price-to-earnings ratio of 19.28, a price-to-earnings-growth ratio of 1.47 and a beta of 1.52.

Institutional Investors Weigh In On Lam Research

Hedge funds have recently modified their holdings of the stock. Fairway Wealth LLC lifted its position in shares of Lam Research by 900.0% during the fourth quarter. Fairway Wealth LLC now owns 340 shares of the semiconductor company's stock worth $25,000 after purchasing an additional 306 shares in the last quarter. Financial Perspectives Inc increased its stake in Lam Research by 908.8% during the 4th quarter. Financial Perspectives Inc now owns 343 shares of the semiconductor company's stock worth $25,000 after buying an additional 309 shares during the period. Atwood & Palmer Inc. purchased a new position in Lam Research in the 4th quarter valued at about $27,000. West Paces Advisors Inc. acquired a new stake in shares of Lam Research during the fourth quarter valued at about $27,000. Finally, Mpwm Advisory Solutions LLC purchased a new stake in shares of Lam Research during the fourth quarter worth about $27,000. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Lam Research

In other news, SVP Seshasayee Varadarajan sold 110,080 shares of the company's stock in a transaction dated Thursday, February 20th. The stock was 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 owns 179,084 shares of the company's stock, valued at $16,117,560. This represents a 38.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.29% of the stock is currently owned by corporate insiders.

Lam Research Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th were issued a $0.23 dividend. The ex-dividend date was Wednesday, March 5th. This represents a $0.92 annualized dividend and a yield of 1.45%. Lam Research's payout ratio is 27.96%.

About Lam Research

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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