Lam Research Corp (NASDAQ:LRCX) has a beta value of 1.69 and has seen 1.72 million shares traded in the recent trading session. The company, currently valued at $108.69B, closed the recent trade at $84.97 per share which meant it lost -$0.28 on the day or -0.33% during that session. The LRCX stock price is -32.99% off its 52-week high price of $113.00 and 33.72% above the 52-week low of $56.32.
The consensus among analysts is that Lam Research Corp (LRCX) is Buy stock at the moment, with a recommendation rating of 1.55. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 5 out of 15 have rated it as a Hold, with 10 advising it as a Buy. 0 have rated the stock as Underweight.
Lam Research Corp (NASDAQ:LRCX) trade information
Sporting -0.33% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the LRCX stock price touched $84.97 or saw a rise of 1.12%. Year-to-date, Lam Research Corp shares have moved 17.64%, while the 5-day performance has seen it change 13.20%. Over the past 30 days, the shares of Lam Research Corp (NASDAQ:LRCX) have changed 25.21%.
Wall Street analysts have a consensus price target for the stock at $80, which means that the shares’ value could drop -6.21% from the levels at last check today.. The projected low price target is $70.0 while the price target rests at a high of $90.0. In that case, then, we find that the latest price level in today’s session is -5.92% off the targeted high while a plunge would see the stock lose 17.62% from the levels at last check today..
Lam Research Corp (LRCX) estimates and forecasts
The company’s shares have gained 8.66% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 16.17% over the past 5 years. Earnings growth for 2025 is a modest 32.40% while over the next 5 years, the company’s earnings are expected to increase by 15.57%.
LRCX Dividends
Lam Research Corp is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.89 at a share yield of 1.05%. The company’s dividend yield has gone up over the past 12 months.
Lam Research Corp (NASDAQ:LRCX)’s Major holders
The top two institutional holders are BLACKROCK INC. with over 12.93 million shares worth more than $13.77 billion. As of 2024-06-30, BLACKROCK INC. held 9.8978% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 12.05 million shares as of 2024-06-30. The firm’s total holdings are worth over $12.83 billion and represent 9.2247% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . As of Dec 31, 2024 , the former fund manager holds about 3.15% shares in the company for having 40.31 shares of worth $3.42 billion while later fund manager owns 34.83 shares of worth $2.96 billion as of Dec 31, 2024 , which makes it owner of about 2.72% of company’s outstanding stock.
