A new trading day began on Monday, with Lam Research Corp (NASDAQ: LRCX) stock price down -1.06% from the previous day of trading, before settling in for the closing price of $81.05. LRCX’s price has ranged from $68.87 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. Meanwhile, its annual earnings per share averaged 23.47%. With a float of $1.28 billion, this company’s outstanding shares have now reached $1.28 billion.
The firm has a total of 17450 workers. Let’s measure their productivity. In terms of profitability, gross margin is 47.75%, operating margin of 29.75%, and the pretax margin is 30.17%.
Lam Research Corp (LRCX) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of Lam Research Corp is 0.43%, while institutional ownership is 77.64%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.98 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.47% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.68% 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
Here are Lam Research Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.35. Likewise, its price to free cash flow for the trailing twelve months is 25.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.29, a number that is poised to hit 0.99 in the next quarter and is forecasted to reach 3.89 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 17.28 million was better than the volume posted last year of 13.06 million. As of the previous 9 days, the stock’s Stochastic %D was 61.52%. Additionally, its Average True Range was 3.32.
During the past 100 days, Lam Research Corp’s (LRCX) raw stochastic average was set at 63.99%, which indicates a significant increase from 57.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.47% in the past 14 days, which was higher than the 43.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $75.87, while its 200-day Moving Average is $84.67. Now, the first resistance to watch is $81.67. This is followed by the second major resistance level at $83.14. The third major resistance level sits at $84.73. If the price goes on to break the first support level at $78.61, it is likely to go to the next support level at $77.02. Should the price break the second support level, the third support level stands at $75.55.
Lam Research Corp (NASDAQ: LRCX) Key Stats
With a market capitalization of 102.94 billion, the company has a total of 1,286,685K Shares Outstanding. Currently, annual sales are 14,905 M while annual income is 3,828 M. The company’s previous quarter sales were 4,168 M while its latest quarter income was 1,116 M.
