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 $125.47B. A total of 0.99 million shares were traded on the day, compared to an average of 1.05M shares.
In the most recent transaction, TALWALKAR ABHIJIT Y sold 882 shares of LRCX for 972.03 per share on Apr 01 ’24. After the transaction, the Director now owns 10,541 company shares. In a previous transaction on Apr 01 ’24, Corrreia Christina sold 647 shares at 972.03 per share. LRCX shares that CVP , Chief Accounting Officer owns now total 5,541.
Among the insiders who sold shares, Varadarajan Seshasayee disposed of 5,500 shares on Mar 19 ’24 at a per-share price of $913.99. This resulted in the Senior Vice President holding 16,595 shares of LRCX after the transaction. In another insider transaction, Varadarajan Seshasayee sold 5,500 shares at $922.41 per share on Mar 18 ’24. Company shares held by the Senior Vice President now total 22,095.
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 $7.72, resulting in a dividend yield of 0.81%, and it has a price to earnings (P/E) ratio of 37.00. 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.
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 $1007.39 and a low of $482.74.
As of this writing, LRCX has an earnings estimate of $7.31 per share for the current quarter. EPS was calculated based on a consensus of 21 estimates, with a high estimate of $7.61 per share and a lower estimate of $7.25. 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
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 $62.63, 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 4.15.
