Lam Research Corp (NASDAQ: LRCX) kicked off on Monday, up 2.80% from the previous trading day, before settling in for the closing price of $71.79. Over the past 52 weeks, LRCX has traded in a range of $68.87-$113.00.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Technology Sector giant was 10.85%. While this was happening, its average annual earnings per share was recorded 16.98%. With a float of $1.28 billion, this company’s outstanding shares have now reached $1.29 billion.
Let’s determine the extent of company efficiency that accounts for 17450 employees. 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
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 0.42%, while institutional ownership is 78.49%. 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
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 16.98% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.51% 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 6.09. Likewise, its price to free cash flow for the trailing twelve months is 19.62.
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 4.15 in one year’s time.
Technical Analysis of Lam Research Corp (LRCX)
Looking closely at Lam Research Corp (NASDAQ: LRCX), its last 5-days average volume was 17.44 million, which is a jump from its year-to-date volume of 11.38 million. As of the previous 9 days, the stock’s Stochastic %D was 23.02%. Additionally, its Average True Range was 2.93.
During the past 100 days, Lam Research Corp’s (LRCX) raw stochastic average was set at 23.89%, which indicates a significant decrease from 37.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.39% in the past 14 days, which was lower than the 47.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $75.11, while its 200-day Moving Average is $87.12. However, in the short run, Lam Research Corp’s stock first resistance to watch stands at $74.53. Second resistance stands at $75.25. The third major resistance level sits at $76.52. If the price goes on to break the first support level at $72.54, it is likely to go to the next support level at $71.27. Now, if the price goes above the second support level, the third support stands at $70.55.
Lam Research Corp (NASDAQ: LRCX) Key Stats
The company with the Market Capitalisation of 94.96 billion has total of 1,286,685K 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.
