Home News Recent Valuation: Lam Research Corporation (NASDAQ: LRCX)

Recent Valuation: Lam Research Corporation (NASDAQ: LRCX)


Lam Research Corporation trades as part of the semiconductors industry and is part of the technology sector. The company CEO is Timothy M. Archer. Lam Research Corp functions in the semiconductor industry. It develops and sells semiconductor processing systems that are used in the fabrication of integrated circuits.

Previous Intraday Trading Performance:

The LRCX stock showed a previous change of 1.45% with an open at 194.11 and a close of 194.08. It reached an intraday high of 195.30 and a low of 192.47.

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The stock has a market cap of $29.6b with 152.6m shares outstanding, of which the float is 151.0m shares. Trading volume reached 1,142,903 shares compared to its average volume of 2,161,236 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Lam Research Corporation shares returned 0.26% and in the past 30 trading days it returned 9.85%. Over three months, it changed 39.48%. In one year it has changed -2.21% and within that year its 52-week high was 212.85 and its 52-week low was 122.64. LRCX stock is 58.25% above its 52 Week Low.

Our calculations show a 200 day moving average of 160.54 and a 50 day moving average of 178.97. Currently LRCX stock is trading 20.89% above its 200 day moving average.

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The last annual fiscal EPS for the company was reported at 13.2 that ended on 30th of June 2018, which according to the previous close, that is a PE of 14.70. Based on 9 analyst estimates, the consensus EPS for the next quarter is 3.21. The TTM EPS is 17.80, which comes to a TTM PE of 10.90. Historically, the PE high was 101.50 and the PE low was 10.90. LRCX stock has set a new PE low record!

The dividend per share is currently 4.40, which is a dividend yield of 2.27%. Also, the payout ratio is 24.72%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 137.73, which means it may be overvalued by -40.92%

Indicators to Watch:

Based on the latest filings, there is 1.00% of insider ownership and 154.90% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 1.54

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 47.91%, return on assets is 24.51%, profit margin is 26.61%, price-to-sales is 3.66 and price-to-book is 5.07.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 6  :Past Performance Score
 5  :Financial Strength Score
 2  :Future Growth Score
 3  :Dividend Score
 3  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.