While Lam Research Corp has overperformed by 0.40%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LRCX fell by -3.03%, with highs and lows ranging from $113.00 to $68.87, whereas the simple moving average fell by -4.36% in the last 200 days.
On January 30, 2025, Cantor Fitzgerald Upgraded Lam Research Corp (NASDAQ: LRCX) to Overweight. A report published by Bernstein on January 30, 2025, Upgraded its rating to ‘Outperform’ for LRCX. KeyBanc Capital Markets also Upgraded LRCX shares as ‘Overweight’, setting a target price of $95 on the company’s shares in a report dated January 17, 2025. Cleveland Research initiated its ‘Neutral’ rating for LRCX, as published in its report on December 17, 2024. TD Cowen’s report from August 01, 2024 suggests a price prediction of $1050 for LRCX shares, giving the stock a ‘Buy’ rating. Jefferies also rated the stock as ‘Buy’.
Analysis of Lam Research Corp (LRCX)
The current dividend for LRCX investors is set at $6.53 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter increase in sales is 16.44%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Lam Research Corp’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 50.42% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.73, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and LRCX is recording an average volume of 11.71M. On a monthly basis, the volatility of the stock is set at 3.36%, whereas on a weekly basis, it is put at 4.30%, with a gain of 1.72% over the past seven days. Furthermore, long-term investors anticipate a median target price of $91.48, showing growth from the present price of $81.05, which can serve as yet another indication of whether LRCX is worth investing in or should be passed over.
How Do You Analyze Lam Research Corp Shares?
Lam Research Corp (LRCX) is based in the USA and is one of the most prominent companies operating in the Semiconductor Equipment & Materials market. When comparing Lam Research Corp shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 24.63, there is a growth in quarterly earnings of 27.78%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.42%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 77.64% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
LRCX shares are owned by institutional investors to the tune of 77.64% at present.
