FY2025 Earnings Forecast for Lam Research Issued By B. Riley

Lam Research Co. (NASDAQ:LRCX) – B. Riley upped their FY2025 earnings per share (EPS) estimates for shares of Lam Research in a research report issued to clients and investors on Friday, February 14th. B. Riley analyst C. Ellis now anticipates that the semiconductor company will post earnings of $3.64 per share for the year, up from their previous forecast of $3.48. B. Riley currently has a “Buy” rating and a $105.00 target price on the stock. The consensus estimate for Lam Research’s current full-year earnings is $3.69 per share.

Several other brokerages also recently weighed in on LRCX. Sanford C. Bernstein raised Lam Research from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $85.00 to $91.00 in a research report on Thursday, January 30th. Wells Fargo & Company increased their price objective on shares of Lam Research from $82.00 to $85.00 and gave the company an “equal weight” rating in a research report on Thursday, January 30th. KeyCorp raised shares of Lam Research from a “sector weight” rating to an “overweight” rating and set a $95.00 target price on the stock in a research report on Friday, January 17th. Stifel Nicolaus reaffirmed a “buy” rating and set a $100.00 price target (down previously from $105.00) on shares of Lam Research in a research note on Thursday, October 24th. Finally, BNP Paribas upgraded Lam Research to a “hold” rating in a research note on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, Lam Research currently has an average rating of “Moderate Buy” and a consensus target price of $95.72.

Lam Research Stock Up 4.6 %

Shares of Lam Research stock opened at $86.52 on Monday. The company has a fifty day moving average price of $77.58 and a 200 day moving average price of $77.79. The company has a current ratio of 2.54, a quick ratio of 1.73 and a debt-to-equity ratio of 0.51. Lam Research has a twelve month low of $68.87 and a twelve month high of $113.00. The stock has a market cap of $111.06 billion, a price-to-earnings ratio of 26.28, a price-to-earnings-growth ratio of 1.37 and a beta of 1.46.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. Lam Research had a net margin of 26.49% and a return on equity of 51.86%.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.06%. The ex-dividend date is Wednesday, March 5th. Lam Research’s dividend payout ratio (DPR) is 27.96%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Financial Perspectives Inc grew its position in shares of Lam Research by 908.8% during the fourth quarter. Financial Perspectives Inc now owns 343 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 309 shares during the last quarter. Fairway Wealth LLC grew its position in Lam Research by 900.0% in the 4th quarter. Fairway Wealth LLC now owns 340 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 306 shares during the last quarter. Atwood & Palmer Inc. acquired a new stake in shares of Lam Research in the fourth quarter valued at approximately $27,000. Midwest Capital Advisors LLC bought a new stake in shares of Lam Research during the fourth quarter valued at approximately $27,000. Finally, West Paces Advisors Inc. acquired a new position in Lam Research during the 4th quarter worth $27,000. 84.61% of the stock is currently owned by institutional investors.

About Lam Research

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.