Stock Updates

A look at a High Market Cap Stock: Lam Research Corporation, LRCX

Lam Research Corporation, LRCX is in the exchange NASDAQ and its industry is Semiconductor Equipment & Materials in the sector of Technology. Based in USA, Lam Research Corporation, LRCX  has a market cap of 14741.33. Since its IPO date on the 3/26/1990, Lam Research Corporation, LRCX performance year to date is 17.61%. Today Lam Research Corporation, LRCX has gained 1.27%, with a current price of 93.87.

Ownership of the company is 0.30% for insider ownership while institutional ownership is *TBA. The management of the company have seen the company have a payout ratio of 24.20%. Return of assets are at 8.10%, with return on investment at 9.10%.

In terms of debt levels and profit levels, Lam Research Corporation, LRCX is seeing a long-term debt/equity of 0.28. While Total debt/equity is 0.45. With a profit margin of 13.50%, this is combined with a gross margin of 44.00%, and operating margin of 16.40%. Lam Research Corporation ability to meet debt levels, with a current ratio of 3, while the quick ratio is 2.6.

For the last year Lam Research Corporation, LRCX has seen a EPS growth of 2.20%. A performance for the year of 39.70%. The 52-week high is -1.06%, and the 52-week low is 55.16%. The average volume for Lam Research Corporation, LRCX is 833674.

With a target price of 101, can Lam Research Corporation, LRCX reach this target? Looking at the value indicators of Lam Research Corporation, LRCX. Lam Research Corporation has a P/E of 20.59 and a forward P/E of 12.4. Perhaps the more useful indicator than P/E, is PEG which has a value of 1.95. Lam Research Corporation also has a P/S and a P/B of 2.53 and 2.59 respectively. For P/cash, Lam Research Corporation has a value of 3.25, while it is 17.14 for P/free cash flow.

At the current price of 93.87, Lam Research Corporation has a dividend yield of 1.29%. We see a return on equity of 14.50%.

Looking more long-term Lam Research Corporation, is projected to get an EPS growth for the next five years of 10.56%. In the short-term an EPS growth of 7.23% in the next year is forecasted. This is after a EPS growth of 2.20% for this year and for the last five years a 6.50% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

Leave a Comment