Lam Research Corporation (LRCX) Consensus EPS Forecasts

Cornelia Mascio
Mag 17, 2018

The ratio improved due to Lam Research Corporation positioning: 40 sold and 262 reduced. 215 increased positions while 112 funds amassed positions. Funds hold 140.89 million shares thus 3.74% less from 2017Q3's 146.35 million shares. About 1.56M shares traded. RBC Capital Markets maintained Lam Research Corporation (NASDAQ:LRCX) rating on Thursday, January 25. BancorpSouth Bank lifted its position in Lam Research by 7.8% in the first quarter. Highvista Strategies Ltd Liability stated it has 3,200 shs or 0.16% of all its holdings. Thrivent For Lutherans holds 137,878 shs or 0.09% of its capital. The count of Hold ratings in that period was 0. Eaton Vance Mgmt has 0.02% invested in Lam Research Corporation (NASDAQ:LRCX). Amundi Pioneer Asset Inc accumulated 558,619 shs or 0.16% of the stock. Federated Invsts Pa owns 456,691 shs.

Over the past 50 days, Lam Research Corporation stock's -14.48% off of the high and 10.57% removed from the low. Finally, Gilman Hill Asset Management LLC bought a new stake in shares of Lam Research in the 4th quarter valued at approximately $207,000. Also, CEO Martin B. Anstice sold 11,200 shares of the firm's stock in a transaction that occurred on Wednesday, March 21st. Gottscho Richard A sold $3.54 million worth of stock. The Price to Cash Flow for Lam Research Corporation (NasdaqGS:LRCX) is 12.398767. They issued an "outperform" rating and a $285.00 target price on the stock. 27 are the (NASDAQ:LRCX)'s ratings reports on May 16, 2018 according to StockzIntelligence Inc.

Among 27 analysts covering Lam Research Corporation (NASDAQ:LRCX), 26 have Buy rating, 0 Sell and 1 Hold. Therefore 95% are positive. They set a "buy" rating and a $305.00 target price for the company. Cowen began coverage on shares of Lam Research in a report on Tuesday. On Thursday, January 25 the rating was maintained by Needham with "Buy".

Let's take a look at how the stock has been performing recently. Susquehanna Bancshares upgraded Lam Research from a "neutral" rating to a "positive" rating and upped their price target for the stock from $200.00 to $250.00 in a report on Tuesday, January 16th.

Watching some historical volatility numbers on shares of Lam Research Corporation (NasdaqGS:LRCX), we can see that the 12 month volatility is presently 39.9098. Analysts have a mean recommendation of 2.70 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The firm has "Buy" rating given on Thursday, October 20 by Needham. On Thursday, January 25 the firm has "Buy" rating by Stifel Nicolaus given. On Thursday, January 25 the company was maintained by JP Morgan. Marvin & Palmer Assoc reported 18,884 shares stake. Since May 15, 2017 LRCX has risen 58.54% and is uptrending. It has outperformed by 46.99% the S&P500. After $4.79 actual earnings per share reported by Lam Research Corporation for the previous quarter, Wall Street now forecasts 4.38 % EPS growth. Last year's EPS was $3.11, while now analysts expect change of 60.77 % up from current $5.00 EPS. More interesting news about Lam Research Corporation (NASDAQ:LRCX) was released by: Livetradingnews.com and their article: "Wall Street's Top Analysts Upgrades, Downgrades & Initiations" with publication date: May 15, 2018.

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide. The firm offers thin film deposition products, including SABRE electrochemical deposition products for copper damascene manufacturing; ALTUS systems to deposit conformal atomic layer films for tungsten metallization applications; VECTOR plasma-enhanced chemical vapor deposition and atomic layer deposition systems to deposit oxides, nitrides, and carbides for hardmasks, multiple patterning films, anti-reflective layers, multi-layer stack films, and diffusion barriers; and Striker atomic layer deposition systems that deliver conformal dielectric films for spacer patterning and liner applications in various advanced memory and logic structures.22.67 is the P/E ratio. The Company's thin film deposition products also comprise SPEED high-density plasma CVD products for applications in shallow trench isolation, pre-metal dielectrics, inter-layer dielectrics, inter-metal dielectrics, and passivation layers; and SOLA ultraviolet thermal processing products for treatment of back-end-of-line (BEOL) low-k dielectric films and front-end-of-line silicon nitride strained films.

The shares of Lam Research Corporation (NASDAQ:LRCX) went up during the trading session by $2.48 on Monday, trading at $204.03. "The first one has "'A Good Time To Buy Equipment Stocks': "Citi Upgrades Lam Research, Updates Sector Model" as a title and was brought out on May 14, 2018. Also Seekingalpha.com published the news titled: "Lam Research: Long-Term Dividend Growth" on April 23, 2018.

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