Lam Research Corp (NASDAQ:LRCX) shares, rose in value, with the stock price down by -0.60% to the previous day’s close as strong demand from buyers drove the stock to $64.75.
Actively observing the price movement in the recent trading, the stock is buoying the session at $65.14, falling within a range of $64.18 and $65.38. The value of beta (5-year monthly) is 1.531 whereas the PE ratio is 19.68 over 12-month period. Referring to stock’s 52-week performance, its high was $113.00, and the low was $56.32. On the whole, LRCX has fluctuated by -16.91% over the past month.
With the market capitalization of Lam Research Corp currently standing at about $83.12 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-28. The company’s Forward Dividend Ratio is 0.89, with its dividend yield at 1.37%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 17.79B, with a low estimate of 4.5B and a high estimate of 4.7B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.64B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LRCX’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.34, with the price of LRCX currently trading nearly -6.99% and -14.69% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.01, while the 7-day volatility ratio is showing 4.97% which for the 30-day chart, stands at 5.86%. Furthermore, Lam Research Corp (LRCX)’s beta value is 1.66, and its average true range (ATR) is 4.32.
A comparison of Lam Research Corp (LRCX) with its peers suggests the former has fared considerably weaker in the market. LRCX showed an intraday change of -0.60% in today’s session so far, and over the past year, it shrunk by -32.78%%.
Data on historical trading for Lam Research Corp (NASDAQ:LRCX) indicates that the trading volumes over the past 10 days have averaged 19.62 and over the past 3 months, they’ve averaged 13.72 million. According to company’s latest data on outstanding shares, there are 1.28 billion shares outstanding.
Nearly 0.46% of Lam Research Corp’s shares belong to company insiders and institutional investors own 83.36% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 23.65 million shares as on 2025-03-31, resulting in a short ratio of 1.94. According to the data, the short interest in Lam Research Corp (LRCX) stood at 185.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 24.86 million. The stock has fallen by -10.36% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LRCX stock heading into the next quarter.
