Lam Research Corporation (LRCX)
- Previous Close
888.92 - Open
894.94 - Bid 869.96 x 100
- Ask 870.68 x 100
- Day's Range
861.98 - 899.68 - 52 Week Range
493.42 - 1,007.39 - Volume
1,326,513 - Avg. Volume
1,057,938 - Market Cap (intraday)
114.092B - Beta (5Y Monthly) 1.50
- PE Ratio (TTM)
33.54 - EPS (TTM)
25.95 - Earnings Date Apr 24, 2024
- Forward Dividend & Yield 8.00 (0.90%)
- Ex-Dividend Date Mar 12, 2024
- 1y Target Est
959.07
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally. The company was incorporated in 1980 and is headquartered in Fremont, California.
www.lamresearch.com17,200
Full Time Employees
June 25
Fiscal Year Ends
Sector
Semiconductor Equipment & Materials
Industry
Recent News: LRCX
Performance Overview: LRCX
Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: LRCX
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: LRCX
Valuation Measures
Market Cap
116.52B
Enterprise Value
115.86B
Trailing P/E
34.27
Forward P/E
24.39
PEG Ratio (5yr expected)
2.53
Price/Sales (ttm)
8.31
Price/Book (mrq)
14.17
Enterprise Value/Revenue
8.09
Enterprise Value/EBITDA
25.96
Financial Highlights
Profitability and Income Statement
Profit Margin
24.15%
Return on Assets (ttm)
13.24%
Return on Equity (ttm)
41.85%
Revenue (ttm)
14.32B
Net Income Avi to Common (ttm)
3.46B
Diluted EPS (ttm)
25.95
Balance Sheet and Cash Flow
Total Cash (mrq)
5.64B
Total Debt/Equity (mrq)
60.61%
Levered Free Cash Flow (ttm)
4.08B
Research Analysis: LRCX
Analyst Price Targets
Fair Value
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Research Reports: LRCX
Analyst Report: Lam Research Corp.
Lam Research supplies wafer fabrication equipment and services that are vital to the production of semiconductors. It offers a range of products used in thin film deposition, plasma etch, photoresist strip, and wafer cleaning processes. Lam has grown its addressable market to about 34% of total industry spending on wafer fabrication equipment, partly by merging with Novellus Systems in 2012. The customer base includes makers of memory and logic chips, with system shipments representing 75%-85% of revenue and services the remaining 15%-25%.
RatingBullishPrice TargetMarket Update: BX, IBM, JNJ, LRCX, LVS, WSM
Stocks edged higher on Thursday morning following new economic data. The advance reading of U.S. GDP came in at 3.3%, down from 4.9% in 3Q but well ahead of the expected 2%. GDP was boosted by increases in consumer spending in both goods and services. On the housing front, new home sales for the month of December rose 8% to a seasonally adjusted annual rate of 664,000. The median sales price of new houses sold in December 2023 was $413,200. The average sales price was $487,300. The Dow rose 0.2%, the S&P 500 was up 0.5% and the Nasdaq gained 0.6%. Crude oil traded above $76 per barrel, while gold fell to $2015 per ounce.
Analyst Report: Lam Research Corporation
Lam Research is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segments of deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear cut second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.
RatingBearishPrice TargetAnalyst Report: Lam Research Corporation
Lam Research is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segments of deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear cut second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.
RatingBearishPrice Target