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Is Lam Research Corporation(NASDAQ: LRCX), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Lam Research Corporation (NASDAQ: LRCX) has been on the stock market since its IPO date on the 3/26/1990. Lam Research Corporation is in the Semiconductor Equipment & Materials industry and Technology sector. Average volume for Lam Research Corporation, is 2223.05, and so far today it has a volume of 1196000. Performance year to date since the 3/26/1990 is 18.72%.

To help you determine whether Lam Research Corporation is undervalued the following values will help you decide. P/E is 17.94 and forward P/E is 12.52. PEG perhaps more useful shows that Lam Research Corporation has a value for PEG of 1.7. P/S ratio is 2.56 and the P/B ratio is 2.54. The P/Cash and P/Free cash flow is 2.2 and 15.27 respectively.

At the current price Lam Research Corporation is trading at, 93.57 (-0.50% today), Lam Research Corporation has a dividend yield of 1.28%, and this is covered by a payout ratio of 20.90%. Earnings per share (EPS) is 5.22, and this is looking to grow in the next year to 7.23% after growing 41.00% this past year. EPS growth quarter over quarter is 96.30%, and 4.40% for sales growth quarter over quarter.

The number of shares outstanding is 160.72, and the number of shares float is 159.52. The senior management bring insider ownership to 0.10%, and institutional ownership is at *TBA. The float short is 18.40%, with the short ratio at a value of 13.21. Management has seen a return on assets of 8.80%, and also a return on investment of 9.90%.

The ability for Lam Research Corporation, to deal with debt, means it current ratio is 3.8, and quick ratio is 3.4. Long term debt/equity is 0.61 and total debt/equity is 0.77. In terms of margins, Lam Research Corporation has a gross margin of 44.50%, with its operating margin at 18.30%, and Lam Research Corporation has a profit margin of 15.50%.

The 52 week high is -2.30%, with 54.67% being its 52 week low. The 20 day simple moving average is 4.04% and the 200 day simple moving average is 17.16%.

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.


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Stephen Butters

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