During the last session, Lam Research Corp (NASDAQ:LRCX)’s traded shares were 9.43 million, with the beta value of the company hitting 1.68. At the end of the trading day, the stock’s price was $84.00, reflecting an intraday gain of 0.07% or $0.06. The 52-week high for the LRCX share is $113.00, that puts it down -34.52 from that peak though still a striking 32.95% gain since the share price plummeted to a 52-week low of $56.32. The company’s market capitalization is $107.45B, and the average trade volume was 12.63 million shares over the past three months.
Lam Research Corp (LRCX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.55. LRCX has a Sell rating from 0 analyst(s) out of 15 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 10 recommend a Buy rating for it.
Lam Research Corp (NASDAQ:LRCX) trade information
Lam Research Corp (LRCX) registered a 0.07% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.07% in intraday trading to $84.00, hitting a weekly high. The stock’s 5-day price performance is -0.34%, and it has moved by 17.37% in 30 days. Based on these gigs, the overall price performance for the year is -12.33%.
The consensus price target of analysts on Wall Street is $80, which implies a decrease of -5.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $70 and $90 respectively. As a result, LRCX is trading at a discount of -7.14% off the target high and 16.67% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 16.17%. While earnings are projected to return 32.40% in 2025, the next five years will return 15.70% per annum.
LRCX Dividends
Lam Research Corp is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Lam Research Corp is 0.89, with the dividend yield indicating at 1.06 percent, continuing the trend of increasing dividends in recent years.
Lam Research Corp (NASDAQ:LRCX)’s Major holders
The next largest institutional holding, with 12.05 million shares, is of VANGUARD GROUP INC’s that is approximately 9.2247% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $12.83 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Lam Research Corp (LRCX) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund. Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 40.31 shares. This amounts to just over 3.15 percent of the company’s overall shares, with a $3.39 billion market value. The same data shows that the other fund manager holds slightly less at 34.83, or about 2.72% of the stock, which is worth about $2.93 billion.
