Lam Research Corp. (NASDAQ: LRCX) kicked off on Tuesday, up 0.22% from the previous trading day, before settling in for the closing price of $72.84. Over the past 52 weeks, LRCX has traded in a range of $57.44-$113.00.
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Technology Sector giant saw their annual sales surged by 10.85% over the last five years. While this was happening, its average annual earnings per share was recorded 15.82%. With a float of $1.29 billion, this company’s outstanding shares have now reached $1.30 billion.
The firm has a total of 17450 workers. Let’s measure their productivity. In terms of profitability, gross margin is 47.48%, operating margin of 28.88%, and the pretax margin is 29.25%.
Lam Research Corp. (LRCX) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of Lam Research Corp. is 0.41%, while institutional ownership is 85.96%. The most recent insider transaction that took place on Oct 01 ’24, was worth 528,929. In this transaction CVP , Chief Accounting Officer of this company sold 647 shares at a rate of $817.51, taking the stock ownership to the 4,267 shares. Before that another transaction happened on Oct 01 ’24, when Company’s Officer proposed sale 647 for $817.51, making the entire transaction worth $528,929.
Lam Research Corp. (LRCX) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.68 earnings per share (EPS), higher than consensus estimate (set at 0.61) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.84 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.00% during the next five years compared to 16.17% growth over the previous five years of trading.
Lam Research Corp. (NASDAQ: LRCX) Trading Performance Indicators
Take a look at Lam Research Corp.’s (LRCX) current performance indicators. Last quarter, stock had a quick ratio of 2.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.35. Likewise, its price to free cash flow for the trailing twelve months is 22.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.90, a number that is poised to hit 0.81 in the next quarter and is forecasted to reach 4.34 in one year’s time.
Technical Analysis of Lam Research Corp. (LRCX)
Analysing the last 5-days average volume posted by the [Lam Research Corp., LRCX], we can find that recorded value of 17.12 million was better than the volume posted last year of 11.17 million. As of the previous 9 days, the stock’s Stochastic %D was 6.13%. Additionally, its Average True Range was 3.04.
During the past 100 days, Lam Research Corp.’s (LRCX) raw stochastic average was set at 3.78%, which indicates a significant decrease from 10.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.69% in the past 14 days, which was higher than the 52.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $79.81, while its 200-day Moving Average is $89.70. Now, the first resistance to watch is $73.79. This is followed by the second major resistance level at $74.59. The third major resistance level sits at $75.77. If the price goes on to break the first support level at $71.82, it is likely to go to the next support level at $70.64. Now, if the price goes above the second support level, the third support stands at $69.84.
Lam Research Corp. (NASDAQ: LRCX) Key Stats
The company with the Market Capitalisation of 94.62 billion has total of 130,741K Shares Outstanding. Its annual sales at the moment are 14,905 M in contrast with the sum of 3,828 M annual income. Company’s last quarter sales were recorded 3,872 M and last quarter income was 1,020 M.
