On Friday, Lam Research Corp (NASDAQ: LRCX) opened higher 3.23% from the last session, before settling in for the closing price of $71.57. Price fluctuations for LRCX have ranged from $68.72 to $113.00 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 10.85% over the last five years. Company’s average yearly earnings per share was noted 17.40% at the time writing. With a float of $1.28 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 47.62%, operating margin of 29.15%, and the pretax margin is 29.69%.
Lam Research Corp (LRCX) Insider Activity
A key investor’s attitude towards the stock of the Semiconductor Equipment & Materials industry is another important factor to consider. The insider ownership of Lam Research Corp is 0.76%, while institutional ownership is 78.54%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 17.40% 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
Check out the current performance indicators for Lam Research Corp (LRCX). In the past 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 6.29. Likewise, its price to free cash flow for the trailing twelve months is 20.28.
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 4.19 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 10.27 million was lower than the volume posted last year of 11.23 million. As of the previous 9 days, the stock’s Stochastic %D was 56.35%. Additionally, its Average True Range was 2.58.
During the past 100 days, Lam Research Corp’s (LRCX) raw stochastic average was set at 11.35%, which indicates a significant decrease from 55.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.62% in the past 14 days, which was lower than the 53.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $76.71, while its 200-day Moving Average is $88.58. Now, the first resistance to watch is $75.21. This is followed by the second major resistance level at $76.55. The third major resistance level sits at $77.32. If the price goes on to break the first support level at $73.10, it is likely to go to the next support level at $72.33. Should the price break the second support level, the third support level stands at $70.99.
Lam Research Corp (NASDAQ: LRCX) Key Stats
There are currently 1,286,685K shares outstanding in the company with a market cap of 98.13 billion. Presently, the company’s annual sales total 14,905 M according to its annual income of 3,828 M. Last quarter, the company’s sales amounted to 4,168 M and its income totaled 1,116 M.
