Stock Updates

Lam Research Corporation (NASDAQ: LRCX) – Is this large market cap stock undervalued?

Lam Research Corporation (NASDAQ: LRCX), is firmly in the large market cap category with market cap of 15888.47. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Lam Research Corporation is 97.75 (with a change from open of -0.38%), this in conjunction with a target price of 103.94. Volume today has so far reached 1426928, with an average volume of about 2470.34. The GAP for this stock, is -0.57%.

The P/E ratio is 18.92, bringing the forward P/E to a value of 13.25. The current EPS for Lam Research Corporation, is 5.22, with a EPS growth for this year coming to a value of 41.00%. Performance has been interesting with performance year to date coming to 25.62%.

Looking further into the growth statistics for Lam Research Corporation, EPS is looking like it will grow 5.72% in the next year. Looking even further it is projected to be 8.75%. Quarter over quarter is 96.30% for EPS growth and for sales growth quarter over quarter it is 4.40%. Looking at past EPS growth statistics we see that for the past five years it has been -2.00%. Sales growth for the past five years has in fact been 12.70%.

Looking at the ownership, we see that the insider ownership is at 0.41% and institutional ownership is *TBA. Shares outstanding is 161.01, while shares float is at a value of 160.8. Float short for Lam Research Corporation is 15.76% and the short ratio is 10.26.

In terms of debt, long term debt/equity is 0.61, while the total debt/equity comes to 0.77. The ability to meet these debts, means that the current ratio is 3.8, and the quick ratio is 3.4. The most recent gross margin is 44.50% and their operating margin is 18.30%. The profit margin is 15.50%.

Lam Research Corporation has seen returns on assets of 8.80%, and on investment, 9.90%. Return on equity is 16.30%. Price/Earnings to growth ratio is 2.16. Price/Sales ratio is at a value of 2.7, with Price/book ratio coming to 2.68 and Price/cash is 2.33, and finally Price/Free cash Flow is 16.14.

The simple moving averages are 4.86% and 19.66% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -4.58% and the 52 week low is 56.61%.

Lam Research Corporation has a dividend yield of 1.22%, with a current price of 97.75. The ability to pay this means the payout ratio is 20.90%. This is in an industry, Semiconductor Equipment & Materials, with equally high dividends from other companies in this sector, which it is Technology. Lam Research Corporation is based in USA.

Performance in the Semiconductor Equipment & Materials industry means that Lam Research Corporation has seen performance for the past week of 2.61%, with performance for the month coming to 7.80%. Looking at the data for the quarter it is at a value of 12.66%, and for the half year the performance is 54.97%. Volatility for this week is 2.40% and for the month this is 1.87%.

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