Lam Research Corp (NASDAQ: LRCX) kicked off on Friday, up 0.61% from the previous trading day, before settling in for the closing price of $74.35. Over the past 52 weeks, LRCX has traded in a range of $58.88-$113.00.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 10.85%. While this was happening, its average annual earnings per share was recorded 17.48%. With a float of $1.28 billion, this company’s outstanding shares have now reached $1.30 billion.
Considering the fact that the conglomerate employs 17450 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 47.62%, operating margin of 29.15%, and the pretax margin is 29.69%.
Lam Research Corp (LRCX) Insider Activity
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 86.24%. The most recent insider transaction that took place on Nov 01 ’24, was worth 124,757. Before that another transaction happened on Oct 01 ’24, when Company’s CVP , Chief Accounting Officer sold 647 for $817.51, making the entire transaction worth $528,929. This insider now owns 4,267 shares in total.
Lam Research Corp (LRCX) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 17.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.19% 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 1.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.21. Likewise, its price to free cash flow for the trailing twelve months is 20.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.09, a number that is poised to hit 0.88 in the next quarter and is forecasted to reach 4.21 in one year’s time.
Technical Analysis of Lam Research Corp (LRCX)
Compared to the last year’s volume of 11.29 million, its volume of 11.43 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 46.14%. Additionally, its Average True Range was 2.91.
During the past 100 days, Lam Research Corp’s (LRCX) raw stochastic average was set at 8.11%, which indicates a significant decrease from 22.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.73% in the past 14 days, which was higher than the 52.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $78.14, while its 200-day Moving Average is $89.69. Nevertheless, the first resistance level for the watch stands at $75.49 in the near term. At $76.19, the stock is likely to face the second major resistance level. The third major resistance level sits at $76.90. If the price goes on to break the first support level at $74.08, it is likely to go to the next support level at $73.37. Should the price break the second support level, the third support level stands at $72.67.
Lam Research Corp (NASDAQ: LRCX) Key Stats
The company with the Market Capitalisation of 96.83 billion has total of 1,307,410K 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 4,168 M and last quarter income was 1,116 M.
