Witnessing the stock’s movement on the chart, on Thursday, Lam Research Corp (NASDAQ: LRCX) set off with pace as it heaved 1.27% to $74.79, before settling in for the price of $73.85 at the close. Taking a more long-term approach, LRCX posted a 52-week range of $68.39-$113.00.
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It was noted that the giant of the Technology sector posted annual sales growth of 10.85% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 16.17%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 17.45%. This publicly-traded company’s shares outstanding now amounts to $1.30 billion, simultaneously with a float of $1.28 billion. The organization now has a market capitalization sitting at $96.23 billion. At the time of writing, stock’s 50-day Moving Average stood at $77.45, while the 200-day Moving Average is $89.34.
Lam Research Corp (LRCX) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Semiconductor Equipment & Materials industry. Lam Research Corp’s current insider ownership accounts for 0.42%, in contrast to 82.92% institutional ownership. According to the most recent insider trade that took place on Nov 01 ’24, this organization’s Director sold 1,660 shares at the rate of 75.16, making the entire transaction reach 124,757 in total value, affecting insider ownership by 28,930.
Lam Research Corp (LRCX) Earnings and Revenue Records
Lam Research Corp’s EPS increase for this current 12-month fiscal period is 17.45% and is forecasted to reach 4.21 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 17.19% through the next 5 years, which can be compared against the 16.17% growth it accomplished over the previous five years trading on the market.
Lam Research Corp (NASDAQ: LRCX) Trading Performance Indicators
Let’s observe the current performance indicators for Lam Research Corp (LRCX). It’s Quick Ratio in the last reported quarter now stands at 1.74. The Stock has managed to achieve an average true range (ATR) of 2.61. Alongside those numbers, its PE Ratio stands at $24.20, and its Beta score is 1.48. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.17. Similarly, its price to free cash flow for trailing twelve months is now 19.89.
In the same vein, LRCX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.09, a figure that is expected to reach 0.88 in the next quarter, and analysts are predicting that it will be 4.21 at the market close of one year from today.
Technical Analysis of Lam Research Corp (LRCX)
Going through the that latest performance of [Lam Research Corp, LRCX]. Its last 5-days volume of 9.82 million was inferior to the volume of 11.25 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 21.54% While, its Average True Range was 2.46.
Raw Stochastic average of Lam Research Corp (LRCX) in the period of the previous 100 days is set at 8.08%, which indicates a major fall in contrast to 22.28% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 35.79% that was lower than 52.39% volatility it exhibited in the past 100-days period.
