After Hours
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. Earlier, Yahoo Finance discussed this stock as it revealed Lam Research Honored by Ethisphere as One of the 2024 World’s Most Ethical Companies®.
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Stocks Info
Lam Research Corp. is listed on the NASDAQ as a member of the Technology sector and is a part of the Semiconductor Equipment & Materials industry. The current market capitalization of Lam Research Corp. is $127.36B. A total of 0.74 million shares were traded on the day, compared to an average of 1.07M shares.
In the most recent transaction, Varadarajan Seshasayee sold 5,500 shares of LRCX for 913.99 per share on Mar 19 ’24. After the transaction, the Senior Vice President now owns 16,595 company shares. In a previous transaction on Mar 18 ’24, Varadarajan Seshasayee sold 5,500 shares at 922.41 per share. LRCX shares that Senior Vice President owns now total 22,095.
Among the insiders who sold shares, LORD PATRICK J disposed of 4,795 shares on Mar 11 ’24 at a per-share price of $927.90. This resulted in the Executive Vice President holding 7,966 shares of LRCX after the transaction. In another insider transaction, LORD PATRICK J sold 3,452 shares at $927.79 per share on Mar 11 ’24. Company shares held by the Executive Vice President now total 4,514.
Dividend
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Lam Research Corp. pays an annual dividend of $7.72, resulting in a dividend yield of 0.80%, and it has a price to earnings (P/E) ratio of 37.56. LRCX’s most recent ex-dividend date was 3/12/2024 when it declared a $2.00 quarterly dividend that was paid in cash on 4/3/2024. Previously, the company paid the dividend on 1/3/2024 with an ex-dividend date of 12/12/2023. The LRCX stock dividend was $2.00 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, LRCX has a high of $1007.39 and a low of $478.77.
As of this writing, LRCX has an earnings estimate of $6.68 per share for the current quarter. EPS was calculated based on a consensus of 20 estimates, with a high estimate of $7 per share and a lower estimate of $5.81. The company reported an EPS of $6.85 in the last quarter, which was 11.90% higher than expectations of $6.12.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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 $62.63, while its Total Shareholder’s Equity was $6.28B.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 4.20.
