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LRCX

LRCX - Lam Research Corp Stock Price, Fair Value and News

908.03USD-5.25 (-0.57%)Delayed as of 09 May 2024, 02:25 pm ET

Market Summary

LRCX
USD908.03-5.25
Delayedas of 09 May 2024, 02:25 pm
-0.57%

LRCX Alerts

  • 3 major insider sales recently.

LRCX Stock Price

View Fullscreen

LRCX RSI Chart

LRCX Valuation

Market Cap

119.4B

Price/Earnings (Trailing)

33.07

Price/Sales (Trailing)

8.38

EV/EBITDA

26.01

Price/Free Cashflow

24.31

LRCX Price/Sales (Trailing)

LRCX Profitability

Operating Margin

86.76%

EBT Margin

28.58%

Return on Equity

45%

Return on Assets

19.75%

Free Cashflow Yield

4.11%

LRCX Fundamentals

LRCX Revenue

Revenue (TTM)

14.2B

Rev. Growth (Yr)

-1.96%

Rev. Growth (Qtr)

0.94%

LRCX Earnings

Earnings (TTM)

3.6B

Earnings Growth (Yr)

18.65%

Earnings Growth (Qtr)

1.21%

Breaking Down LRCX Revenue

52 Week Range

520.66914.42
(Low)(High)

Last 7 days

5.2%

Last 30 days

-5.6%

Last 90 days

5.7%

Trailing 12 Months

77.1%

How does LRCX drawdown profile look like?

LRCX Financial Health

Current Ratio

2.82

Debt/Equity

0.56

Debt/Cashflow

1.1

LRCX Investor Care

Dividend Yield

0.85%

Dividend/Share (TTM)

7.73

Buy Backs (1Y)

2.68%

Diluted EPS (TTM)

27.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202414.2B000
202318.9B17.4B15.8B14.3B
202216.7B17.2B18.0B19.0B
202113.3B14.6B15.8B16.5B
20209.6B10.0B11.1B11.9B
201910.4B9.7B9.5B9.5B
201810.3B11.1B10.9B10.9B
20177.2B8.0B8.9B9.6B
20165.8B5.9B5.9B6.4B
20155.0B5.3B5.7B5.9B
20144.3B4.6B4.7B4.9B
20133.4B3.6B3.7B4.0B
20122.7B2.7B2.9B3.2B
20113.2B3.2B3.1B2.8B
20101.9B2.1B2.6B3.0B
200901.1B1.4B1.6B
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Tracking the Latest Insider Buys and Sells of Lam Research Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 03, 2024
schisler george m
sold
-363,284
908
-400
chief legal officer
Apr 29, 2024
lord patrick j
sold
-55,292
921
-60.00
executive vice president
Apr 01, 2024
corrreia christina
sold
-628,903
972
-647
cvp , chief accounting officer
Apr 01, 2024
talwalkar abhijit y
sold
-857,330
972
-882
-
Mar 19, 2024
varadarajan seshasayee
sold
-5,026,940
913
-5,500
senior vice president
Mar 18, 2024
varadarajan seshasayee
sold
-5,073,260
922
-5,500
senior vice president
Mar 11, 2024
lord patrick j
sold
-3,202,740
927
-3,452
executive vice president
Mar 11, 2024
lord patrick j
sold
-4,449,270
927
-4,795
executive vice president
Mar 11, 2024
lord patrick j
acquired
2,601,500
542
4,795
executive vice president
Mar 01, 2024
corrreia christina
acquired
-
-
570
cvp , chief accounting officer

1–10 of 50

Which funds bought or sold LRCX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 07, 2024
Keudell/Morrison Wealth Management
reduced
-0.27
406,946
2,123,850
0.64%
May 07, 2024
Malaga Cove Capital, LLC
reduced
-2.84
700,934
4,117,510
1.68%
May 07, 2024
Illinois Municipal Retirement Fund
reduced
-17.31
366,000
14,609,000
0.22%
May 07, 2024
Nelson Capital Management, LLC
new
-
437,207
437,207
0.08%
May 07, 2024
Swiss National Bank
reduced
-4.55
59,600,700
383,479,000
0.27%
May 07, 2024
CHILTON CAPITAL MANAGEMENT LLC
reduced
-0.87
102,856
550,881
0.03%
May 07, 2024
Horizon Investment Services, LLC
reduced
-4.14
1,366,580
8,596,010
4.21%
May 07, 2024
Hansen & Associates Financial Group, Inc.
new
-
269,166
269,166
0.15%
May 07, 2024
Qsemble Capital Management, LP
sold off
-100
-371,265
-
-%
May 07, 2024
Strategic Financial Services, Inc,
reduced
-8.01
550,316
4,451,730
0.29%

1–10 of 47

Are Funds Buying or Selling LRCX?

Are funds buying LRCX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own LRCX
No. of Funds

Unveiling Lam Research Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
8.89%
11,711,468
SC 13G/A
Jan 25, 2024
blackrock inc.
8.9%
11,777,978
SC 13G/A
Feb 09, 2023
vanguard group inc
8.64%
11,788,267
SC 13G/A
Feb 03, 2023
blackrock inc.
8.1%
11,026,970
SC 13G/A
Feb 10, 2022
vanguard group inc
8.17%
11,504,998
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 01, 2022
blackrock inc.
7.9%
11,100,869
SC 13G/A
Feb 12, 2021
ameriprise financial inc
3.67%
5,285,039
SC 13G/A
Feb 10, 2021
vanguard group inc
8.08%
11,640,096
SC 13G/A
Feb 08, 2021
fmr llc
-
0
SC 13G/A

Recent SEC filings of Lam Research Corp

View All Filings
Date Filed Form Type Document
May 06, 2024
4
Insider Trading
May 03, 2024
144
Notice of Insider Sale Intent
Apr 30, 2024
4
Insider Trading
Apr 29, 2024
10-Q
Quarterly Report
Apr 29, 2024
144
Notice of Insider Sale Intent
Apr 24, 2024
8-K
Current Report
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 01, 2024
144
Notice of Insider Sale Intent
Apr 01, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to Lam Research Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.3T
60.9B
3.65% 216.11%
75.87
37.06
125.85% 581.31%
248.3B
22.8B
-9.57% 61.62%
222.52
10.89
-1.16% 182.53%
172.3B
26.5B
-0.79% 82.18%
24.08
6.51
0.88% 10.98%
127.7B
55.2B
-21.01% -0.33%
31.41
2.31
-2.09% 242.32%
101.6B
11.6B
4.15% 14.05%
36.08
8.78
-8.03% -17.90%
MID-CAP
8.0B
6.4B
3.77% 51.47%
21.45
1.25
-8.17% -41.71%
5.5B
1.8B
11.66% 32.77%
31.32
3.08
-11.16% -46.12%
3.6B
1.1B
6.44% -7.04%
14.49
3.21
16.34% 32.25%
3.4B
1.7B
7.34% -9.83%
15.08
2.06
-16.94% -31.42%
1.9B
226.5M
-4.44% -29.63%
-11.18
8.37
-32.92% -159.10%
SMALL-CAP
1.6B
635.7M
-18.15% 156.84%
17.9
2.47
51.02% 67.91%
772.9M
657.5M
17.44% 14.84%
-81.77
1.18
-9.15% -119.91%
325.3M
71.9M
-3.27% -59.79%
21.12
4.53
14.14% 8.17%
112.9M
550.0K
-30.69% -52.81%
-5.76
205.32
43.98% -6.63%
70.5M
108.8M
1.02% -44.89%
-3.29
0.65
1.54% -244.16%

Lam Research Corp News

Latest updates
MarketBeat • 15 hours ago
Defense World • 07 May 2024 • 02:54 pm
Yahoo New Zealand News • 07 May 2024 • 01:32 am
MarketWatch • 06 May 2024 • 08:41 pm
Yahoo Movies Canada • 06 May 2024 • 04:04 pm
Investor's Business Daily • 24 Apr 2024 • 07:00 am

Lam Research Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue0.9%3,7943,7583,4823,2073,8705,2785,0744,6364,0604,2274,3044,1453,8483,4563,1772,7922,5042,5842,1662,3612,439
Gross Profit2.5%1,8011,7571,6551,4581,6062,3762,3372,1011,8171,9781,9771,9151,7801,6041,5061,2801,1671,1809821,0811,074
Operating Expenses6.2%743700632604663696639621625640605599585594545525473493444464509
  S&GA Expenses-5.7%216229207200194234206210217236222218204219190186165174157168190
  R&D Expenses9.1%512470423402429462433411407404382382381375355339308319287296319
EBITDA Margin4.0%0.32*0.31*0.32*0.32*0.32*0.33*0.33*0.33*0.34*0.34*0.34*0.33*---------
Interest Expenses-47.00--35.0047.00----------------
Income Taxes-4.1%12713313861.0012518322915011316116416489.0011199.0052.0055.0015859.0068.0039.00
Earnings Before Taxes0.6%1,0931,0871,0268649391,6521,6551,3591,1351,3561,3431,3091,160980922748629673525609586
EBT Margin4.5%0.29*0.27*0.28*0.29*0.30*0.30*0.31*0.30*0.31*0.31*0.30*0.30*---------
Net Income1.2%9669548878038141,4691,4261,2091,0221,1951,1801,1451,071869823697575515466542547
Net Income Margin4.9%0.25*0.24*0.25*0.26*0.26*0.27*0.27*0.27*0.27*0.28*0.27*0.27*---------
Free Cashflow-4.7%1,3851,4549511,1231,7261,1401,1904447581,4414581,436---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-2.7%18,28018,78418,53818,78219,24319,20618,72117,19616,58916,68515,56615,89215,28515,37015,05714,55912,93911,91412,34412,00112,895
  Current Assets-4.3%12,48813,05512,99413,22813,73013,70913,61312,28511,88812,10311,14511,65211,32211,46811,27510,8549,4098,4558,8358,5609,442
    Cash Equivalents0.9%5,6725,6235,1265,3375,3064,4854,2563,7744,1955,0874,0424,4183,6733,6874,1295,1693,9623,0364,6073,9134,932
  Inventory-2.4%4,3234,4304,7484,8164,8824,8204,3603,9663,4793,0742,8722,6892,5522,3492,1381,9001,6751,5291,4831,5401,622
  Net PPE-------------------1,0301,0591,040
  Goodwill-1.6%1,6001,6271,6001,6221,6221,6201,5001,5151,5141,5001,5001,4901,4901,4851,5001,4841,4841,5001,5001,4851,500
Liabilities-2.9%10,25810,56110,49110,57110,83610,90211,30910,91710,56310,2109,7469,8659,9109,8629,6329,3768,3897,4967,3657,2787,554
  Current Liabilities3.7%4,4304,2724,2474,1854,4414,5475,0534,5654,1953,8633,4093,5283,6123,5913,4073,1622,1062,5662,4582,3722,806
  Long Term Debt-10.1%4,4784,9804,9805,0034,9974,9964,9964,9985,0014,9884,9894,9904,9924,9924,9934,9715,0443,7863,7883,8233,802
Shareholder's Equity-2.4%8,0228,2228,0478,2108,4078,3057,4136,2786,0266,4765,8206,0275,3725,5035,4195,1724,5384,3794,9364,6745,291
  Retained Earnings3.0%24,05223,34722,65522,03221,46020,87919,64518,45517,45116,63815,65314,68513,72612,84012,15711,52110,99110,58410,2339,9319,548
  Additional Paid-In Capital1.1%8,0827,9977,8797,8097,6807,6067,4937,4157,2897,2207,1127,0536,9226,8556,7626,6966,5786,5296,4566,4096,315
Shares Outstanding-0.4%131131132133135136137137139141142144---------
Float------46,244---77,032---53,314---29,587---
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-4.7%1,3851,4549511,1231,7261,1401,1904447581,4414581,4361,165345643813541308464880933
  Share Based Compensation9.9%77.0070.0067.0068.0074.0073.0071.0070.0069.0063.0058.0056.0056.0052.0056.0053.0047.0046.0043.0045.0053.00
Cashflow From Investing9.4%-92.36-101-74.68-55.18-84.33-267-127-75.94-94.5618659768911670.00-801-430170-734751-623-1,008
Cashflow From Financing-43.7%-1,235-859-1,326-1,037-819-662-310-1,023-1,549-578-1,427-1,381-1,288-865-631563225-1,150-262-1,5271,644
  Dividend Payments-0.6%263264230232234236206208211211185185187188167168164167159165171
  Buy Backs51.9%9816458438695824561108761,3384151,2374311,09572344941.002451,00578.001,109935
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LRCX Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Mar. 31, 2024
Mar. 26, 2023
Mar. 31, 2024
Mar. 26, 2023
Income Statement [Abstract]    
Revenue$ 3,793,558$ 3,869,569$ 11,033,879$ 14,221,259
Cost of goods sold1,977,8202,197,2375,783,0877,835,743
Restructuring charges, net - cost of goods sold15,20266,72038,09966,720
Total cost of goods sold1,993,0222,263,9575,821,1867,902,463
Gross margin1,800,5361,605,6125,212,6936,318,796
Research and development512,274429,4511,404,6151,325,211
Selling, general, and administrative215,904193,500651,770632,922
Restructuring charges, net - operating expenses15,24640,40818,95540,408
Total operating expenses743,424663,3592,075,3401,998,541
Operating income1,057,112942,2533,137,3534,320,255
Other income (expense), net36,073(3,331)68,513(74,660)
Income before income taxes1,093,185938,9223,205,8664,245,595
Income tax expense(127,359)(124,914)(398,376)(537,201)
Net income$ 965,826$ 814,008$ 2,807,490$ 3,708,394
Net income per share:    
Basic (in dollars per share)$ 7.38$ 6.03$ 21.32$ 27.28
Diluted (in dollars per share)$ 7.34$ 6.01$ 21.22$ 27.20
Number of shares used in per share calculations:    
Basic (in shares)130,838134,924131,663135,945
Diluted (in shares)131,518135,395132,282136,314

LRCX Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Jun. 25, 2023
[1]
ASSETS  
Cash and cash equivalents$ 5,672,232$ 5,337,056
Investments037,641
Accounts receivable, less allowance of $5,286 as of March 31, 2024, and $5,344 as of June 25, 20232,203,7072,823,376
Inventories4,322,9674,816,190
Prepaid expenses and other current assets289,530214,149
Total current assets12,488,43613,228,412
Property and equipment, net2,181,7411,856,672
Goodwill1,626,5191,622,489
Intangible assets, net142,479168,454
Other assets1,840,4751,905,616
Total assets18,279,65018,781,643
LIABILITIES AND STOCKHOLDERS’ EQUITY  
Trade accounts payable531,648470,702
Accrued expenses and other current liabilities1,791,6422,010,637
Deferred profit1,601,7331,695,221
Current portion of long-term debt and finance lease obligations505,0668,358
Total current liabilities4,430,0894,184,918
Long-term debt and finance lease obligations, less current portion4,478,3855,003,183
Income taxes payable832,397882,084
Other long-term liabilities516,678501,286
Total liabilities10,257,54910,571,471
Commitments and contingencies (refer to Note 13)
Stockholders’ equity:  
Preferred stock, at par value of $0.001 per share; authorized, 5,000 shares, none outstanding00
Common stock, at par value of $0.001 per share; authorized, 400,000 shares as of March 31, 2024 and June 25, 2023; issued and outstanding, 130,736 shares as of March 31, 2024, and 133,297 shares as of June 25, 2023131133
Additional paid-in capital8,082,3397,809,002
Treasury stock, at cost; 164,423 shares as of March 31, 2024, and 161,380 shares as of June 25, 2023(23,984,518)(21,530,353)
Accumulated other comprehensive loss(127,788)(100,706)
Retained earnings24,051,93722,032,096
Total stockholders’ equity8,022,1018,210,172
Total liabilities and stockholders’ equity$ 18,279,650$ 18,781,643
[1]Derived from audited financial statements
LRCX
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally. The company was incorporated in 1980 and is headquartered in Fremont, California.
 CEO
 WEBSITElamresearch.com
 INDUSTRYSemiconductors
 EMPLOYEES17200

Lam Research Corp Frequently Asked Questions


What is the ticker symbol for Lam Research Corp? What does LRCX stand for in stocks?

LRCX is the stock ticker symbol of Lam Research Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Lam Research Corp (LRCX)?

As of Wed May 08 2024, market cap of Lam Research Corp is 119.4 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LRCX stock?

You can check LRCX's fair value in chart for subscribers.

What is the fair value of LRCX stock?

You can check LRCX's fair value in chart for subscribers. The fair value of Lam Research Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Lam Research Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LRCX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Lam Research Corp a good stock to buy?

The fair value guage provides a quick view whether LRCX is over valued or under valued. Whether Lam Research Corp is cheap or expensive depends on the assumptions which impact Lam Research Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LRCX.

What is Lam Research Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, LRCX's PE ratio (Price to Earnings) is 33.07 and Price to Sales (PS) ratio is 8.38. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LRCX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Lam Research Corp's stock?

In the past 10 years, Lam Research Corp has provided 0.336 (multiply by 100 for percentage) rate of return.