Lam Research Corp (NASDAQ:LRCX) currently has a daily average trading volume of 12.30M but it saw 7989628 shares traded in last market. With a market cap of 108.43B USD, the company’s current market price of $84.77 came rising about 1.33 while comparing to the previous closing price of $83.66. In past 52 weeks, the stock remained buoying in the range of price level as high as $113.00 and as low as $56.32.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the TD Cowen which reiterated the stock as “Buy” in its note to investors issued on April 24, 2025, recommending a price target of between $110 and $100 for it. Susquehanna issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $75 and $125.
Over the week, LRCX’s stock price is moving 0.92% up while it is 14.69% when we observe its performance for the past one month. Year-to-date it is 17.36% up and over the past year, the stock is showing a downside performance of -9.09%.
The company is expected to be releasing its next quarterly report in July, for which analysts forecasted an EPS of 1.2 while estimate for next year EPS is 4.0. In next quarter, company is expected to be making quarterly sales of $4.62B as analysts are expecting the sales for current fiscal year at $18.24B and seeing the company making $18.75B in sales next year. Moreover, analysts are in estimates of $4.99B for current-quarter revenue.
Currently, Lam Research Corp’s total number of outstanding shares is 1.28B with 0.29% of that held by the insiders while 87.25% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 35.18% and return on equity (ROE) at 53.14%. It has a price to earnings ratio (P/E ratio) of 23.62 while having a 21.08 of forward P/E ratio. Stock’s beta reads 1.66. Stock has a price to book (P/B) ratio of 11.43 while price to sale or P/S ratio amounts to 6.33. Its return on asset (ROA) is 24.36% on average.
