Analyst Expects Lam Research Corp. (NASDAQ: LRCX) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NASDAQ listed company, LRCX falls under the Technology sector while operating within the Semiconductor Equipment & Materials industry segment. The current market capitalization of Lam Research Corp. is $99.49B. A total of 1.0 million shares were traded on the day, compared to an average of 1.22M shares.

In the most recent transaction, Fernandes Neil J sold 1,620 shares of LRCX for 1056.99 per share on Jul 12 ’24. After the transaction, the Senior Vice President now owns 5,237 company shares. In a previous transaction on Jun 28 ’24, ARCHER TIMOTHY sold 9,650 shares at 1070.39 per share. LRCX shares that President and CEO owns now total 84,639.

Among the insiders who sold shares, ARCHER TIMOTHY disposed of 5,604 shares on Jun 28 ’24 at a per-share price of $1078.53. This resulted in the President and CEO holding 94,289 shares of LRCX after the transaction. In another insider transaction, ARCHER TIMOTHY sold 13,743 shares at $1067.12 per share on Jun 28 ’24. Company shares held by the President and CEO now total 99,893.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Lam Research Corp. pays an annual dividend of $8.30, resulting in a dividend yield of 1.08%, and it has a price to earnings (P/E) ratio of 26.41. LRCX’s most recent ex-dividend date was 9/17/2024 when it declared a $2.30 quarterly dividend that was paid in cash on 10/1/2024. Previously, the company paid the dividend on 7/10/2024 with an ex-dividend date of 6/18/2024. The LRCX stock dividend was $2.00 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, LRCX has a high of $1130.00 and a low of $574.42.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. LRCX’s latest balance sheet shows that the firm has $3.66B in Cash & Short Term Investments as of fiscal 2022. There were $5.01B in debt and $4.56B in liabilities at the time. Its Book Value Per Share was $65.50, while its Total Shareholder’s Equity was $6.28B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LRCX is Buy with a score of 4.26.

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