Brokers Issue Forecasts for Lam Research FY2025 Earnings

Lam Research Co. (NASDAQ:LRCX) – Research analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for Lam Research in a note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst C. Muse forecasts that the semiconductor company will post earnings per share of $3.51 for the year. Cantor Fitzgerald currently has a “Neutral” rating and a $100.00 price target on the stock. The consensus estimate for Lam Research’s current full-year earnings is $3.51 per share.

A number of other equities research analysts have also recently commented on LRCX. Mizuho dropped their price objective on shares of Lam Research from $95.00 to $90.00 and set an “outperform” rating on the stock in a research note on Friday, January 10th. Wells Fargo & Company cut their price objective on shares of Lam Research from $83.00 to $82.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. The Goldman Sachs Group lowered their target price on shares of Lam Research from $96.00 to $85.00 and set a “buy” rating on the stock in a research note on Friday, January 10th. Wolfe Research lowered Lam Research from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, January 15th. Finally, Morgan Stanley increased their price target on Lam Research from $76.00 to $78.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 5th. Nine research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and a consensus target price of $95.77.

Lam Research Stock Up 1.5 %

Lam Research stock opened at $81.50 on Wednesday. Lam Research has a 52 week low of $68.87 and a 52 week high of $113.00. The firm has a market cap of $104.87 billion, a price-to-earnings ratio of 26.34, a price-to-earnings-growth ratio of 1.48 and a beta of 1.45. The business’s 50-day moving average price is $74.81 and its 200 day moving average price is $80.43. The company has a quick ratio of 1.74, a current ratio of 2.53 and a debt-to-equity ratio of 0.53.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, October 23rd. The semiconductor company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05. Lam Research had a return on equity of 50.60% and a net margin of 26.02%. The business had revenue of $4.17 billion during the quarter, compared to analyst estimates of $4.06 billion. During the same quarter last year, the business posted $6.85 EPS. The company’s revenue was up 19.7% on a year-over-year basis.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Quarry LP raised its stake in Lam Research by 175.0% during the second quarter. Quarry LP now owns 88 shares of the semiconductor company’s stock worth $94,000 after purchasing an additional 56 shares during the period. NCP Inc. purchased a new stake in shares of Lam Research during the 2nd quarter valued at approximately $213,000. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in Lam Research by 2,400.0% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 200 shares of the semiconductor company’s stock valued at $163,000 after acquiring an additional 192 shares during the last quarter. Mill Creek Capital Advisors LLC purchased a new position in Lam Research in the second quarter worth approximately $226,000. Finally, Advisory Alpha LLC acquired a new stake in Lam Research during the second quarter worth $256,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Wednesday, December 11th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date was Wednesday, December 11th. Lam Research’s dividend payout ratio (DPR) is presently 29.74%.

Lam Research Company Profile

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.