Lam Research Corp (NASDAQ: LRCX) on Monday, soared 0.25% from the previous trading day, before settling in for the closing price of $101.75. Within the past 52 weeks, LRCX’s price has moved between $56.32 and $102.59.
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Technology Sector giant saw their annual sales surged by 22.40% over the last five years. The company achieved an average annual earnings per share of 7.21%. With a float of $1.27 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 48.71%, operating margin of 32.01%, and the pretax margin is 32.32%.
Lam Research Corp (LRCX) Breakdown of a Key Holders of the stock
Observing investor behavior towards Semiconductor Equipment & Materials industry stocks is more important than anything else. The insider ownership of Lam Research Corp is 0.45%, while institutional ownership is 84.58%. The most recent insider transaction that took place on Feb 20 ’25, was worth 9,907,200. In this transaction Senior Vice President of this company sold 110,080 shares at a rate of $90.00, taking the stock ownership to the 179,084 shares. Before that another transaction happened on Feb 20 ’25, when Company’s Officer proposed sale 110,080 for $90.00, making the entire transaction worth $9,907,200.
Lam Research Corp (LRCX) Recent Fiscal highlights
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.86 earnings per share (EPS) for the period topping the consensus outlook (set at 0.81) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.79% during the next five years compared to 22.40% growth over the previous five years of trading.
Lam Research Corp (NASDAQ: LRCX) Trading Performance Indicators
Lam Research Corp (LRCX) is currently performing well based on its current performance indicators. A quick ratio of 1.55 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.08. Likewise, its price to free cash flow for the trailing twelve months is 24.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.16, a number that is poised to hit 1.20 in the next quarter and is forecasted to reach 5.04 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 9.94 million was lower than the volume posted last year of 11.96 million. As of the previous 9 days, the stock’s Stochastic %D was 88.03%.
During the past 100 days, Lam Research Corp’s (LRCX) raw stochastic average was set at 95.50%, which indicates a significant increase from 83.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.57 in the past 14 days, which was higher than the 2.55 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $95.37, while its 200-day Moving Average is $80.89. Now, the first resistance to watch is $103.53. This is followed by the second major resistance level at $105.06. The third major resistance level sits at $105.97. If the price goes on to break the first support level at $101.09, it is likely to go to the next support level at $100.18. Now, if the price goes above the second support level, the third support stands at $98.65.
Lam Research Corp (NASDAQ: LRCX) Key Stats
Market capitalization of the company is 130.47 billion based on 1,279,118K outstanding shares. Right now, sales total 18,436 M and income totals 5,358 M. The company made 5,171 M in profit during its latest quarter, and 1,720 M in sales during its previous quarter.
