In today’s recent session, 1.37 million shares of the Lam Research Corp (NASDAQ:LRCX) have been traded, and its beta is 1.65. Most recently the company’s share price was $73.35, and it changed around $0.19 or 0.25% from the last close, which brings the market valuation of the company to $93.82B. LRCX at last check was trading at a discount to its 52-week high of $113.00, offering almost -54.06% off that amount. The share price’s 52-week low was $56.32, which indicates that the recent value has risen by an impressive 23.22% since then.
Lam Research Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.55. If we narrow it down even further, the data shows that 0 out of 33 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 8 recommended LRCX as a Hold, whereas 20 deemed it a Buy, and 0 rated it as Underweight.
Lam Research Corp (NASDAQ:LRCX) trade information
Instantly LRCX has been showing a green trend so far today with a performance of 0.25% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 75.49 on recent trading dayincreased the stock’s daily price by 2.83%. The company’s shares are currently up 1.54% year-to-date, but still up 2.34% over the last five days. On the other hand, Lam Research Corp (NASDAQ:LRCX) is 17.92% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $80, which translates to bulls needing to increase their stock price by 8.31% from its current value. Analyst projections state that LRCX is forecast to be at a low of $70 and a high of $90.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 16.17%. Lam Research Corp earnings are expected to increase by 32.18% in 2025, but the outlook is positive 15.28% per year for the next five years.
LRCX Dividends
Lam Research Corp’s next quarterly earnings report is expected to be released in June. The annual dividend yield of the stock is 1.21 percent and its annual dividend per share was 0.89. It is important to note, however, that the 1.21% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
VANGUARD GROUP INC, with 9.2247% or 12.05 million shares worth $12.83 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 40.31 shares worth $2.96 billion, making up 3.15% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held roughly 34.83 shares worth around $2.56 billion, which represents about 2.72% of the total shares outstanding.
