Lam Research Corp [NASDAQ: LRCX] traded at a high on Tuesday, posting a 4.63 gain after which it closed the day’ session at $86.58.
The results of the trading session contributed to over 16184759 shares changing hands. Over the past one week, the price volatility of Lam Research Corp stands at 2.61% while the volatility over the past one month is 3.21%.
The market cap for LRCX stock reached $111.14 billion, with 1.28 billion shares outstanding and 1.28 billion shares in the current float. Compared to the average trading volume of 11.81M shares, LRCX reached a trading volume of 16184759 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Lam Research Corp [LRCX]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LRCX shares is $92.32 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LRCX stock is a recommendation set at 1.78. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cantor Fitzgerald have made an estimate for Lam Research Corp shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 30, 2025. While these analysts kept the previous recommendation, Bernstein raised their target price from $85 to $91. The new note on the price target was released on January 30, 2025, representing the official price target for Lam Research Corp stock. Previously, the target price had yet another raise to $95, while KeyBanc Capital Markets analysts kept a Overweight rating on LRCX stock.
The Average True Range (ATR) for Lam Research Corp is set at 2.85, with the Price to Sales ratio for LRCX stock in the period of the last 12 months amounting to 6.86. The Price to Book ratio for the last quarter was 12.63, with the Price to Cash per share for the same quarter was set at 4.41. Price to Free Cash Flow for LRCX in the course of the last twelve months was 27.41 with Quick ratio for the last quarter at 1.73.
How has LRCX stock performed recently?
Lam Research Corp [LRCX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.40. With this latest performance, LRCX shares gained by 9.29% in over the last four-week period, additionally sinking by -2.73% over the last 6 months – not to mention a drop of -5.45% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LRCX stock in for the last two-week period is set at 65.38, with the RSI for the last a single of trading hit 69.47, and the three-weeks RSI is set at 62.29 for Lam Research Corp [LRCX]. The present Moving Average for the last 50 days of trading for this stock 77.74, while it was recorded at 83.49 for the last single week of trading, and 84.33 for the last 200 days.
Lam Research Corp [LRCX]: Deeper insight into the fundamentals
Lam Research Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.73 and a Current Ratio set at 2.54.
Earnings analysis for Lam Research Corp [LRCX]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LRCX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lam Research Corp go to 15.44%.
Insider trade positions for Lam Research Corp [LRCX]
The top three institutional holders of LRCX stocks are: BLACKROCK INC. with ownership of 12.93 million shares, which is approximately 9.8823%. VANGUARD GROUP INC, holding 12.05 million shares of the stock with an approximate value of $$12.83 billion in LRCX stocks shares; and VANGUARD GROUP INC, currently with $$6.18 billion in LRCX stock with ownership which is approximately 4.4273%.
