In the latest trading session,, 0.72 million Lam Research Corp (NASDAQ:LRCX) shares changed hands as the company’s beta touched 1.68. With the company’s most recent per share price at $83.92 changing hands around $0.1 or 0.12% at last look, the market valuation stands at $107.35B. LRCX’s current price is a discount, trading about -34.65% off its 52-week high of $113.00. The share price had its 52-week low at $56.32, which suggests the last value was 32.89% up since then. When we look at Lam Research Corp’s average trading volume, we note the 10-day average is 10.08 million shares, with the 3-month average coming to 13.21 million.
Analysts gave the Lam Research Corp (LRCX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.55. If we narrow down to specifics, the data shows that 0 out of 15 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended LRCX as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight.
Lam Research Corp (NASDAQ:LRCX) trade information
Instantly LRCX is in green as seen in intraday trades today. With action -1.56%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 16.19%, with the 5-day performance at -1.56% in the red. However, in the 30-day time frame, Lam Research Corp (NASDAQ:LRCX) is 34.51% up. Looking at the short shares, we see there were 23.47 million shares sold at short interest cover period of 1.52 days.
The consensus price target for the stock as assigned by Wall Street analysts is 80, meaning bulls need a downside of -4.9% from its recent market value. According to analyst projections, LRCX’s forecast low is 70 with 90 as the target high. To hit the forecast high, the stock’s price needs a -7.24% plunge from its current level, while the stock would need to tank 16.59% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 16.17%. The 2025 estimates are for Lam Research Corp earnings to increase by 32.40%, but the outlook for the next 5-year period is at 15.70% per year.
LRCX Dividends
Lam Research Corp is expected to release its next quarterly earnings report on 2025-Apr-22. The 1.06% annual yield figure for the share gives it an annual dividend of 0.89. It is important to note, however, that the 1.06% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 1.1 per year.
Lam Research Corp (NASDAQ:LRCX)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.29% of Lam Research Corp shares while 87.58% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 87.84%. There are 87.58% institutions holding the Lam Research Corp stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 9.8978% of the shares, roughly 12.93 million LRCX shares worth $13.77 billion.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 9.2247% or 12.05 million shares worth $12.83 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 40.31 shares estimated at $3.38 billion under it, the former controlled 3.15% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.72% of the shares, roughly 34.83 shares worth around $2.92 billion.
