Stock'S Earning Overview Lam Research Corporation (LRCX)

Galtero Lara
Diciembre 8, 2017

CLSA upgraded Lam Research Corporation (NASDAQ:LRCX) on Friday, September 25 to "Buy" rating.

ROI deals with the invested cash in the company and the return the investor realize on that money based on the net profit of the business. The stock has returned -3.44% weekly, which was maintained at -44.64% in the 1-month period. Ls Advsr Limited Liability Corp invested in 0.04% or 5,172 shares. Agrium Inc. (NYSE:AGU) has risen 5.50% since December 6, 2016 and is uptrending. It has outperformed by 91.16% the S&P500. Four equities research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company. Therefore 100% are positive. Steris had 8 analyst reports since November 2, 2015 according to SRatingsIntel. Cowen & Co has "Outperform" rating and $85 target. As per Friday, July 7, the company rating was maintained by Morgan Stanley. The firm has "Outperform" rating by Raymond James given on Wednesday, August 9. The firm earned "Neutral" rating on Monday, September 21 by Susquehanna. The Company designs, manufactures, markets, refurbishes and services semiconductor processing systems that are used in the fabrication of integrated circuits (ICs). The companyÂ's Healthcare Products segment offers steam, vaporized hydrogen peroxide, and ethylene oxide sterilizers, as well as liquid chemical sterilant processing systems; automated washer/disinfector systems; general and specialty surgical tables, surgical and examination lights, equipment management systems, operating room storage cabinets, warming cabinets, scrub sinks, and other accessories; and gastrointestinal devices and accessories. It has a 17.29 P/E ratio.

Investors sentiment increased to 1.67 in 2017 Q2. Its up 0.43, from 0.57 in 2017Q1. Old Mutual Global Investors (Uk) Ltd holds 878,960 shares.

Institutional owners hold 96.60% stake while Insiders ownership held at 0.30% in the company. Retirement Sys Of Alabama invested in 0.06% or 78,213 shares. Monroe Bank & Trust who had been investing in La Z Boy Inc for a number of months, seems to be less bullish one the $1.56 billion market cap company. Moreover, Oakmont Corp has 6.47% invested in the company for 240,160 shares. BDO Wealth Advisors LLC purchased a new position in shares of Lam Research during the 2nd quarter valued at approximately $118,000. D E Shaw owns 1.27 million shares. Bancorp Of America De holds 0.05% of its portfolio in Lam Research Corporation (NASDAQ:LRCX) for 1.78 million shares. Arrowstreet Partnership invested in 539,944 shares or 0.23% of the stock.

A number of research analysts have weighed in on LRCX shares.

The stock decreased 5.07% or $0.9 during the last trading session, reaching $16.85. About 333,027 shares traded. Stockholders of record on Wednesday, December 6th will be issued a $0.50 dividend. It has underperformed by 6.60% the S&P500. Therefore 86% are positive. The business had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.13 billion. The rating was maintained by Stifel Nicolaus with "Buy" on Thursday, October 20. RBC Capital Markets maintained it with "Buy" rating and $185.0 target in Monday, October 2 report. The rating was maintained by Cowen & Co with "Outperform" on Wednesday, October 21. Lam Research has a consensus rating of "Buy" and a consensus target price of $212.89. Lam Research Co. The stock has a market capitalization of $29,236.15, a PE ratio of 15.55, a price-to-earnings-growth ratio of 0.82 and a beta of 1.57.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Tuesday, October 17th.

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Investors sentiment decreased to 0.98 in 2017 Q2. Its down 0.14, from 1.12 in 2017Q1. It is negative, as 43 investors sold LRCX shares while 255 reduced holdings. 110 funds opened positions while 182 raised stakes.

Brokerage houses, on average, are recommending investors to hold Glu Mobile Inc. Shares for $1.39 million were sold by ARCHER TIMOTHY. This is a boost from Lam Research's previous quarterly dividend of $0.45. Gideon Advisors Inc stated it has 0.39% of its portfolio in Lam Research Corporation (NASDAQ:LRCX).

In an analyst report released today, Instinet upped shares of Lam Research (NASDAQ:LRCX) to a solid "Buy" rating from their previous "Neutral" rating. Needham Invest Llc holds 0.09% of its portfolio in Lam Research Corporation (NASDAQ:LRCX) for 2,500 shares. Uss Invest Mgmt Ltd reported 517,325 shares. Washington Trust Bancorporation holds 517 shares.

Lam Research Corporation is a supplier of wafer fabrication equipment and services to the semiconductor industry. It also increased its holding in Baxter Intl Inc (NYSE:BAX) by 246,640 shares in the quarter, for a total of 558,309 shares, and has risen its stake in T Mobile Us Inc (NYSE:TMUS).

Several other institutional investors have also sold shares of the company.

Dana Investment Advisors Inc, which manages about $4.48 billion and $2.13B US Long portfolio, upped its stake in Starwood Ppty Tr Inc (NYSE:STWD) by 136,958 shares to 1.25 million shares, valued at $28.06 million in 2017Q2, according to the filing. For LRCX, the company now has 2.41 billion of cash on the books, which is offset by 639.91 million in current liabilities.

In other Lam Research news, COO Timothy Archer sold 8,691 shares of the firm's stock in a transaction dated Tuesday, September 12th. The insider LORD PATRICK J sold 2,770 shares worth $430,320.

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