Lam Research Corporation is part of the technology sector and is in the semiconductors industry. 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 -1.91% with an open at 186.78 and a close of 181.90. It reached an intraday high of 187.98 and a low of 181.70.
SeekingAlpha: SOXX: Performance And Valuation Update – May 2019
Liquidity:
The stock has a market cap of $27.3b with 149.9m shares outstanding, of which the float is 148.4m shares. Trading volume reached 2,146,987 shares compared to its average volume of 1,927,498 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 -0.96% and in the past 30 trading days it returned -6.28%. Over three months, it changed 1.90%. In one year it has changed -8.72% and within that year its 52-week high was 209.50 and its 52-week low was 122.64. LRCX stock is 48.32% above its 52 Week Low.
Our calculations show a 200 day moving average of 163.88 and a 50 day moving average of 191.51. Currently LRCX stock is trading 11.00% above its 200 day moving average.
SeekingAlpha: Lumentum outlook cut weighs on semis
Earnings:
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 13.78. 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 10.22. Historically, the PE high was 101.50 and the PE low was 10.22. LRCX stock has set a new PE low record!
Below was the last reported quarterly diluted earnings per share:
| 1st | Qtr of 2019 | 3.47 |
|---|---|---|
| 4th | Qtr of 2018 | 3.51 |
| 3rd | Qtr of 2018 | 3.23 |
| 2nd | Qtr of 2018 | 5.82 |
| 1st | Qtr of 2018 | 4.33 |
The dividend per share is currently 4.40, which is a dividend yield of 2.42%. 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 268.21, which means it is possibly undervalued and has a margin of safety of 32.18%.
Indicators to Watch:
The current calculated beta is 1.62.
SeekingAlpha: Lumentum outlook cut weighs on semis
Fundamental Indicators:
Based on last reported financials, the company’s return on equity is 43.69%, return on assets is 20.11%, profit margin is 25.64%, price-to-sales is 2.67 and price-to-book is 5.11.
Company Scores:
All scores are out of six:
3 :Valuation Score
6 :Past Performance Score
4 :Financial Strength Score
2 :Future Growth Score
3 :Dividend Score
3 :Overall Score
