Analyst's Discussions about this Stock: Lam Research Corporation (LRCX)

Thursday, 07 Dec, 2017

Lam Research's dividend payout ratio (DPR) is 16.45%.

The stock increased 1.86% or $3.35 during the last trading session, reaching $183.88. Given that its average daily volume over the 30 days has been 2.28 million shares a day, this signifies a pretty significant change over the norm. Lam Research Corporation (NASDAQ:LRCX) has risen 107.86% since December 5, 2016 and is uptrending. It has outperformed by 91.16% the S&P500. The company has market cap of $29.62 billion. It operates in three divisions: Bausch + Lomb/International, Branded Rx, and U.S. It now has negative earnings. Lockheed Martin Invest Mngmt stated it has 10,000 shares or 0.08% of all its holdings. LRCX's profit will be $594.34M for 12.46 P/E if the $3.67 EPS becomes a reality. After $1.04 actual earnings per share reported by Valeant Pharmaceuticals International, Inc. for the previous quarter, Wall Street now forecasts -9.62% negative EPS growth. Brandywine Investment Management Lc holds 0% or 109 shares. The stock increased 0.47% or $0.15 during the last trading session, reaching $32.35. At the time of writing, shares were trading -13.88% away from the 20-days simple moving average and -55.27% away from the 200-days simple moving average. La-Z-Boy Incorporated (NYSE:LZB) has risen 10.10% since December 6, 2016 and is uptrending. It has underperformed by 65.21% the S&P500.

19 analysts on average are expecting Lam Research Corporation to report earnings of $3.03 per share for the current quarter. They expect $3.67 earnings per share, up 63.84% or $1.43 from last year's $2.24 per share. The hedge fund run by Alex Sacerdote held 401,339 shares of the industrial machinery and components company at the end of 2017Q2, valued at $56.76 million, up from 238,936 at the end of the previous reported quarter.

Currently Lam Research Corporation (NASDAQ:LRCX)'s shares owned by insiders are 0.30%, whereas shares owned by institutional owners are 96.60%. Therefore 86% are positive. Lam Research Corporation (NASDAQ:LRCX) has consensus analyst target price is $229.06. The analysts, on average, are forecasting a $225.42 price target, but the stock is already up 83.77% from its recent lows. On Thursday, July 27 the stock rating was maintained by RBC Capital Markets with "Buy". As per Tuesday, June 13, the company rating was maintained by UBS. The firm has "Buy" rating by Bank of America given on Wednesday, October 18. Lam Research Corporation's average EBITDA per Share Growth Rate was 80.2 percent during the past 12 months. Roanoke Asset Management Corp holds 1.19% in Lam Research Corporation (NASDAQ:LRCX) or 17,770 shares. As per Thursday, October 6, the company rating was maintained by Citigroup. The firm has "Buy" rating given on Wednesday, August 2 by Mizuho. (QSR) exchanged hands at an unexpectedly high level of 2.93 million shares over the course of the day. Caisse De Depot Et Placement Du Quebec accumulated 20,607 shares.

Investors sentiment decreased to 0.98 in 2017 Q2.

Since January 1, 0001, it had 0 buys, and 2 selling transactions for $1.82 million activity.

A statistical measure of the dispersion of returns (volatility) for LRCX producing salvation in Investors mouth, it has week volatility of 6.74% and for the month booked as 3.28%. 110 funds opened positions while 182 raised stakes. One can easily perform a fundamental analysis by having an eye on data from sources counting financial records, economic reports, company assets and market share. Relative Strength Index (RSI-14) for Lam Research Corporation (LRCX) is at 29.82. Laurion Capital Lp reported 0.04% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). Old Mutual Global Investors UK Ltd. now owns 878,960 shares of the semiconductor company's stock valued at $124,311,000 after acquiring an additional 830,034 shares in the last quarter. Cullen Frost Bankers reported 0.64% stake.

COPYRIGHT VIOLATION NOTICE: "Lam Research Corporation (LRCX) Shares Bought by Nomura Asset Management Co".

Horizon Investment Services Llc, which manages about $205.38 million and $223.54M US Long portfolio, upped its stake in Citizens Finl Group Inc (NYSE:CFG) by 34,268 shares to 144,257 shares, valued at $5.15 million in 2017Q2, according to the filing. Argus initiated coverage on shares of Lam Research in a research report on Tuesday, September 12th. Rhumbline Advisers reported 324,010 shares stake. Whalerock Point Limited Com holds 0.1% or 1,910 shares.

Lam Research Co. has a 1-year low of $101.88 and a 1-year high of $219.70.

Some buy side analysts are also providing their Analysis on Lam Research Corporation, where 6 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 0 said it's a HOLD, and 1 analysts rated the stock as Sell. Ajo Limited Partnership reported 875,956 shares or 0.53% of all its holdings. Sei Investments stated it has 0.05% of its portfolio in Lam Research Corporation (NASDAQ:LRCX).

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