On Tuesday, Lam Research Corp (NASDAQ: LRCX) was -1.38% drop from the session before settling in for the closing price of $73.71. A 52-week range for LRCX has been $68.72 – $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%. When this article was written, the company’s average yearly earnings per share was at 17.45%. 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) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Lam Research Corp stocks. The insider ownership of Lam Research Corp is 0.42%, while institutional ownership is 78.89%. The most recent insider transaction that took place on Nov 01 ’24, was worth 124,757. In this transaction Director of this company sold 1,660 shares at a rate of $75.16, taking the stock ownership to the 28,930 shares. Before that another transaction happened on Nov 01 ’24, when Company’s Director proposed sale 1,660 for $75.16, making the entire transaction worth $124,757.
Lam Research Corp (LRCX) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.75 earnings per share (EPS) during the time that was better than consensus figure (set at 0.71) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.88 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 17.45% 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
You can see what Lam Research Corp (LRCX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.00. Likewise, its price to free cash flow for the trailing twelve months is 19.33.
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 11.25 million, its volume of 11.22 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 58.75%. Additionally, its Average True Range was 2.45.
During the past 100 days, Lam Research Corp’s (LRCX) raw stochastic average was set at 8.66%, which indicates a significant decrease from 36.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.41% in the past 14 days, which was lower than the 53.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $76.90, while its 200-day Moving Average is $88.76. Nevertheless, the first resistance level for the watch stands at $74.11 in the near term. At $75.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $76.58. If the price goes on to break the first support level at $71.64, it is likely to go to the next support level at $70.58. Now, if the price goes above the second support level, the third support stands at $69.17.
Lam Research Corp (NASDAQ: LRCX) Key Stats
There are 1,286,685K outstanding shares of the company, which has a market capitalization of 93.53 billion. As of now, sales total 14,905 M while income totals 3,828 M. Its latest quarter income was 4,168 M while its last quarter net income were 1,116 M.
