Currently, there are 1.28B common shares owned by the public and among those 1.28B shares have been available to trade.
The company’s stock has a 5-day price change of 0.71% and 18.77% over the past three months. LRCX shares are trading 15.38% year to date (YTD), with the 12-month market performance down to -7.60% lower. It has a 12-month low price of $68.87 and touched a high of $113.00 over the same period. LRCX has an average intraday trading volume of 12.08 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.54%, 6.15%, and -1.10% respectively.
Institutional ownership of Lam Research Corp (NASDAQ: LRCX) shares accounts for 82.07% of the company’s 1.28B shares outstanding.
It has a market capitalization of $106.98B and a beta (3y monthly) value of 1.53. The stock’s trailing 12-month PE ratio is 25.32, while the earnings-per-share (ttm) stands at $3.29. The company has a PEG of 1.62 and a Quick Ratio of 1.73 with the debt-to-equity ratio at 0.57. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.37% over the week and 3.49% over the month.
Earnings per share for the fiscal year are expected to increase by 23.78%, and 3.56% over the next financial year. EPS should shrink at an annualized rate of 15.62% over the next five years, compared to 16.17% over the past 5-year period.
Looking at the support for the LRCX, a number of firms have released research notes about the stock. Susquehanna stated their Positive rating for the stock in a research note on February 20, 2025, with the firm’s price target at $75-$125. Cantor Fitzgerald coverage for the Lam Research Corp (LRCX) stock in a research note released on January 30, 2025 offered a Overweight rating with a price target of $100. Bernstein was of a view on January 30, 2025 that the stock is Outperform, while KeyBanc Capital Markets gave the stock Overweight rating on January 17, 2025, issuing a price target of $95. Wolfe Research on their part issued Peer Perform rating on January 15, 2025.
