Lam Research Corporation (NASDAQ:LRCX – Free Report) – Research analysts at Erste Group Bank dropped their FY2027 earnings per share (EPS) estimates for Lam Research in a research report issued on Wednesday, July 15th. Erste Group Bank analyst S. Lingnau now forecasts that the semiconductor company will earn $7.98 per share for the year, down from their previous forecast of $7.99. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Lam Research’s current full-year earnings is $5.68 per share.
Lam Research (NASDAQ:LRCX – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. The company had revenue of $5.84 billion during the quarter, compared to analyst estimates of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. Lam Research’s revenue was up 23.8% compared to the same quarter last year. During the same period last year, the business earned $1.04 earnings per share.
View Our Latest Stock Analysis on Lam Research
Lam Research Stock Performance
Lam Research stock opened at $322.00 on Monday. Lam Research has a 1-year low of $90.93 and a 1-year high of $438.50. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $402.68 billion, a PE ratio of 60.75, a price-to-earnings-growth ratio of 1.82 and a beta of 1.80. The firm’s 50 day simple moving average is $340.44 and its 200 day simple moving average is $271.60.
Institutional Investors Weigh In On Lam Research
A number of institutional investors have recently made changes to their positions in the business. World Equity Group Inc. raised its stake in shares of Lam Research by 0.5% during the 2nd quarter. World Equity Group Inc. now owns 5,576 shares of the semiconductor company’s stock worth $2,416,000 after buying an additional 29 shares in the last quarter. Tenzing Financial LLC boosted its stake in shares of Lam Research by 3.5% in the second quarter. Tenzing Financial LLC now owns 1,018 shares of the semiconductor company’s stock valued at $441,000 after buying an additional 34 shares in the last quarter. Gibraltar Capital Management Inc. boosted its stake in shares of Lam Research by 3.6% in the second quarter. Gibraltar Capital Management Inc. now owns 1,050 shares of the semiconductor company’s stock valued at $455,000 after buying an additional 36 shares in the last quarter. Valued Wealth Advisors LLC boosted its stake in shares of Lam Research by 7.0% in the second quarter. Valued Wealth Advisors LLC now owns 630 shares of the semiconductor company’s stock valued at $273,000 after buying an additional 41 shares in the last quarter. Finally, GSG Advisors LLC grew its holdings in Lam Research by 3.1% during the first quarter. GSG Advisors LLC now owns 1,387 shares of the semiconductor company’s stock worth $296,000 after acquiring an additional 42 shares during the period. Hedge funds and other institutional investors own 84.61% of the company’s stock.
Insider Transactions at Lam Research
In related news, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the sale, the insider owned 53,205 shares in the company, valued at $13,762,005.30. The trade was a 10.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the company’s stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $335.00, for a total value of $6,124,470.00. Following the completion of the sale, the director directly owned 87,142 shares of the company’s stock, valued at approximately $29,192,570. This represents a 17.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 104,621 shares of company stock valued at $33,804,737. 0.31% of the stock is currently owned by corporate insiders.
Lam Research Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, June 17th. This represents a $1.04 annualized dividend and a dividend yield of 0.3%. Lam Research’s dividend payout ratio is 19.62%.
Key Lam Research News
Here are the key news stories impacting Lam Research this week:
- Positive Sentiment: Semiconductor stocks, including Lam Research, rebounded as dip buyers returned to the group following a sharp sector pullback, supported by continued enthusiasm for the AI investment cycle. Intel, KLA Corporation, Lam Research, Marvell Technology, and Micron Shares Skyrocket, What You Need To Know
- Positive Sentiment: Multiple articles described Lam Research as a solid growth stock and a potential earnings-surprise name, reinforcing bullish expectations for the company’s fundamentals. Looking for a Growth Stock? 3 Reasons Why Lam Research (LRCX) is a Solid Choice
- Positive Sentiment: Lam Research joined the AI Materials Foundry as a founding partner, which could strengthen its long-term role in advanced chip materials and next-generation semiconductor development. Lam Research (LRCX) Joins AI Materials Foundry To Help Shape Future Chip Materials
- Positive Sentiment: Industry outlook pieces continue to favor semiconductor equipment makers like LRCX, citing AI-driven demand for advanced chips, packaging, and memory. Zacks Industry Outlook Highlights Applied Materials, Lam Research and FormFactor
- Neutral Sentiment: Lam Research was cited among stocks likely to deliver earnings upside this season, but this was presented as a broad screen rather than company-specific new information. 4 Top-Ranked Tech Stocks Set to Beat Expectations This Earnings Season
- Neutral Sentiment: Lam Research was also noted as having a “Moderate Buy” consensus from brokerages, which supports the stock but does not by itself explain a sharp move. Lam Research Corporation (NASDAQ:LRCX) Given Consensus Recommendation of “Moderate Buy” by Brokerages
- Negative Sentiment: The stock recently fell more than the broader market in a prior session, reflecting lingering volatility after the semiconductor sector’s steep selloff. Lam Research (LRCX) Dips More Than Broader Market: What You Should Know
About Lam Research
Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.
Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.
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