What Does The Data Behind Lam Research Corporation (NASDAQ:LRCX) Suggest?


Lam Research Corporation (NASDAQ:LRCX) closed its last session at $183.01. The stock traded within a range of $171.00 and $183.09. The company operates in the Technology sector with a market capitalization of 28.99 Million. Trading volume for Lam Research Corporation was 5.78 Million in its previous trading session. Currently, Lam Research Corporation (NASDAQ:LRCX) has an average volume of 3.43 Million.

Company Profile

Lam Research Corporation enables its customers to shape the future of technology by providing market-leading equipment and services for semiconductor wafer processing. To produce the tiny, complex chips used in products such as cell phones, computing devices, and entertainment gadgets, semiconductor manufacturers require highly sophisticated processes and equipment. Lam’s products play a key role in this, allowing chipmakers to build device features that are more than 1,000 times smaller than a grain of sand. Lam’s market-leading products are used in several steps that are repeated multiple times throughout the chip-making process, including thin film deposition, plasma etch, photoresist strip, and wafer cleaning. Their success as a company is based on a solid foundation of technical achievement, close collaboration with our customers, and delivering on commitments.

Analyst Views

Lam Research Corporation (NASDAQ:LRCX) received a Buy rating from 6 analysts. 0 analysts gave its stock an Outperform rating. 1 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Lam Research Corporation (NASDAQ:LRCX) touched its 1-Year High price of $219.70 on 11/21/17 and its 1-Year Low price of $113.20 on 02/16/17.

EPS & Financials

Lam Research Corporation (NASDAQ:LRCX) reported its EPS in the last quarter as $4.34/Share beating the analyst estimate of $3.68/Share by a difference of $0.66. This showed a surprise of 17.9% in the last quarter earnings.

For the current quarter, 14 analysts are projecting a mean EPS of $4.38/share. According to their observations and findings, the stock could provide a high EPS of $4.54/share and a low EPS of $4.31/share.

Analysts believe that the company has the potential to earn average revenue of $2.86 Billion for the current quarter. According to their predictions high & low revenue estimates are 2.89 Billion and 2.85 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Lam Research Corporation (NASDAQ:LRCX) has a 20-Day average volume of 4.53 Million. According to today’s trading volume Lam Research Corporation is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The 100-Day trend also shows a BEARISH trend as well.

The company currently has an insider ownership of 0.3 Percent and Institutional ownership of 95.7 Percent. The return on assets stands at 13.6%, Return on Equity currently is 24.9% and the Return on Investment value is 18.1%.

Lam Research Corporation (NASDAQ:LRCX) gross margin percentage stands at 46% while its operating margin for the past trailing twelve month is 27 percent and its overall profit margin (ttm) is 17.6 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -3.54% with a 50-Day Simple Moving Average of -2.89 percent. As of today, the company has a SMA200 (200-day simple moving average) of 4.53 Percent. The Stock has YTD (year to date) performance of -0.58 percent.

The TTM operating margin for the company stands at 27%. The return on invested capital is at 18.1%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 19.04.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 4.53%, and has a solid year to date (YTD) performance of -0.58% which means that the stock is constantly adding to its value from the previous fiscal year end price.