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Lam Research Corporation (LRCX) Stock: What the Analysts are Saying

Lam Research Corporation (NASDAQ: LRCX) has a price-to-earnings ratio that is above its average at 16.76x. and a 36-month beta value of 1.48. Opinions on the stock are mixed, with 13 analysts rating it as a “buy,” 1 as “overweight,” 12 as “hold,” and 0 as “sell.”

The average price predicted for Lam Research Corporation (LRCX) by analysts is $538.05, which is -$70.53 below the current market price. The public float for LRCX is 133.88M, and at present, short sellers hold a 2.13% of that float. On May 26, 2023, the average trading volume of LRCX was 1.29M shares.

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LRCX) stock’s latest price update

The stock of Lam Research Corporation (NASDAQ: LRCX) has increased by 6.40 when compared to last closing price of 565.87.Despite this, the company has seen a gain of 0.56% in its stock price over the last five trading days. The Wall Street Journal reported on 10/20/22 that Buying on the Bad Chip News

LRCX’s Market Performance

Lam Research Corporation (LRCX) has seen a 0.56% rise in stock performance for the week, with a 21.05% gain in the past month and a 25.80% surge in the past quarter. The volatility ratio for the week is 2.19%, and the volatility levels for the past 30 days are at 2.61% for LRCX. The simple moving average for the last 20 days is 10.81% for LRCX’s stock, with a simple moving average of 29.62% for the last 200 days.

LRCX Trading at 15.58% from the 50-Day Moving Average

After a stumble in the market that brought LRCX to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.30% of gains for the given period.

Volatility was left at 2.61%, however, over the last 30 days, the volatility rate increased by 2.19%, as shares surge +16.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.62% upper at present.

During the last 5 trading sessions, LRCX rose by +0.56%, which changed the moving average for the period of 200-days by +28.27% in comparison to the 20-day moving average, which settled at $547.51. In addition, Lam Research Corporation saw 43.25% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at LRCX starting from TALWALKAR ABHIJIT Y, who sale 881 shares at the price of $524.09 back on Apr 03. After this action, TALWALKAR ABHIJIT Y now owns 13,881 shares of Lam Research Corporation, valued at $461,723 using the latest closing price.

Hahn Ava, the Chief Legal Officer & SVP of Lam Research Corporation, sale 3,206 shares at $488.92 during a trade that took place back on Mar 03, which means that Hahn Ava is holding 3,433 shares at $1,567,478 based on the most recent closing price.

Stock Fundamentals for LRCX

Current profitability levels for the company are sitting at:

  • +31.14 for the present operating margin
  • +45.62 for the gross margin

The net margin for Lam Research Corporation stands at +26.80. The total capital return value is set at 47.15, while invested capital returns managed to touch 40.80. Equity return is now at value 64.70, with 26.40 for asset returns.

Based on Lam Research Corporation (LRCX), the company’s capital structure generated 83.22 points at debt to equity in total, while total debt to capital is 45.42. Total debt to assets is 30.38, with long-term debt to equity ratio resting at 82.24. Finally, the long-term debt to capital ratio is 44.88.

When we switch over and look at the enterprise to sales, we see a ratio of 4.12, with the company’s debt to enterprise value settled at 0.08. The receivables turnover for the company is 4.68 and the total asset turnover is 1.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.69.

Conclusion

To sum up, Lam Research Corporation (LRCX) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.