Lam Research Corporation (LRCX)
Stock Price:
$372.44 USD
-5.37 (-1.42%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed
After-hours: $372.99 +0.55 (0.15%) Aug 7, 7:54 PM
Key Info
| Market Cap |
54.13B |
| Revenue (ttm) |
10.04B |
| Net Income (ttm) |
2.10B |
| Shares Out |
145.33M |
| EPS (ttm) |
15.10 |
| PE Ratio |
24.66 |
| Forward PE |
17.89 |
| Dividend |
$4.60 |
| Dividend Yield |
1.24% |
Stock Quote
| Trading Day |
Aug 7, 2020 |
| Last Price |
$372.44 |
| Previous Close |
$377.81 |
| Change ($) |
-5.37 |
| Change (%) |
-1.42% |
| Day's Open |
378.38 |
| Day's Range |
366.45 - 381.69 |
| Day's Volume |
1,385,459 |
| 52-Week Range |
181.38 - 387.70 |
More Stats
| Market Cap |
54.13B |
| Enterprise Value |
53.57B |
| Earnings Date (est) |
Oct 20, 2020 |
| Ex-Dividend Date |
Jun 16, 2020 |
| Shares Outstanding |
145.33M |
| Float |
144.76M |
| EPS (basic) |
14.4 |
| EPS (diluted) |
15.10 |
| FCF / Share |
13.59 |
| Dividend |
$4.60 |
| Dividend Yield |
1.24% |
| Earnings Yield |
4.05% |
| FCF Yield |
3.65% |
| Payout Ratio |
31.60% |
| Shares Short |
3.90M |
| Short Ratio |
2.17 |
| Short % of Float |
2.82% |
| Beta |
1.40 |
| PE Ratio |
24.66 |
| Forward PE |
17.89 |
| P/FCF Ratio |
27.40 |
| PS Ratio |
5.39 |
| PB Ratio |
10.59 |
| Revenue |
10.04B |
| Operating Income |
2.54B |
| Net Income |
2.10B |
| Free Cash Flow |
1.98B |
| Net Cash |
560.95M |
| Net Cash / Share |
3.86 |
| Gross Margin |
45.88% |
| Operating Margin |
25.24% |
| Profit Margin |
21.80% |
| FCF Margin |
19.66% |
| ROA |
12.58% |
| ROE |
45.74% |
| ROIC |
27.80% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (24)
| Buy |
20 |
| Overweight |
0 |
| Hold |
4 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$402.59*
(8.10% upside)
Low
255
Current: $372.44
High
450
Target: 402.59
*Average 12-month price target from 22 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 9,654 | 11,077 | 8,014 | 5,886 | 5,259 | 4,607 | 3,599 | 2,665 | 3,238 | 2,134 |
| Revenue Growth | -12.85% | 38.23% | 36.15% | 11.91% | 14.15% | 28.02% | 35.03% | -17.68% | 51.74% | - |
| Gross Profit | 4,358 | 5,165 | 3,603 | 2,619 | 2,284 | 2,007 | 1,403 | 1,084 | 1,497 | 970 |
| Operating Income | 2,465 | 3,213 | 1,902 | 1,074 | 788 | 678 | 118 | 238 | 804 | 425 |
| Net Income | 2,191 | 2,381 | 1,698 | 914 | 656 | 632 | 114 | 169 | 724 | 347 |
| Shares Outstanding | 152 | 162 | 162 | 159 | 160 | 165 | 169 | 124 | 124 | 127 |
| Earnings Per Share | 13.70 | 13.17 | 9.24 | 5.22 | 3.70 | 3.62 | 0.66 | 1.35 | 5.79 | 2.71 |
| EPS Growth | 4.02% | 42.53% | 77.01% | 41.08% | 2.21% | 448.48% | -51.11% | -76.68% | 113.65% | - |
| Dividend Per Share | 4.40 | 2.55 | 1.65 | 1.20 | 0.84 | 0.18 | - | - | - | - |
| Dividend Growth | 72.55% | 54.55% | 37.5% | 42.86% | 366.67% | - | - | - | - | - |
| Operating Cash Flow | 3,176 | 2,656 | 2,029 | 1,350 | 786 | 717 | 720 | 499 | 881 | 351 |
| Capital Expenditures | -303 | -273 | -157 | -175 | -198 | -146 | -161 | -107 | -127 | -35.59 |
| Free Cash Flow | 2,873 | 2,382 | 1,872 | 1,175 | 587 | 572 | 559 | 392 | 754 | 315 |
| Cash & Equivalents | 5,686 | 5,206 | 6,297 | 7,078 | 4,247 | 3,212 | 2,664 | 3,029 | 2,288 | 992 |
| Total Debt | 4,490 | 2,417 | 2,693 | 4,326 | 2,361 | 1,335 | 1,491 | 1,463 | 743 | 22.61 |
| Net Cash / Debt | 1,196 | 2,789 | 3,604 | 2,752 | 1,886 | 1,877 | 1,173 | 1,566 | 1,544 | 969 |
| Assets | 12,001 | 12,479 | 12,123 | 12,264 | 9,365 | 7,993 | 7,250 | 8,005 | 4,054 | 2,487 |
| Liabilities | 7,278 | 5,899 | 5,135 | 6,162 | 4,020 | 2,780 | 2,575 | 2,683 | 1,584 | 719 |
| Book Value | 4,674 | 6,502 | 6,817 | 5,895 | 5,103 | 5,030 | 4,489 | 5,132 | 2,470 | 1,768 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Lam Research Corporation |
| Country |
United States |
| CEO |
Timothy M. Archer |
Stock Information
| Ticker Symbol |
LRCX |
| Stock Exchange |
NASDAQ |
| Sector |
Technology |
| Industry |
Semiconductor Equipment & Materials |
| Unique Identifier |
NASDAQ: LRCX |
Description
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition product for copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatment; SPEED gapfill high-density plasma chemical vapor deposition (CVD) products; Striker single-wafer atomic layer deposition (ALD) products; and VECTOR plasma-enhanced CVD ALD products. It also provides Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. In addition, the company offers Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP to address a range of wafer cleaning appplications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company was founded in 1980 and is headquartered in Fremont, California.