Lam Research Corporation (LRCX)

NASDAQ: LRCX · IEX Real-Time Price · USD
965.67
-1.56 (-0.16%)
At close: Mar 27, 2024, 4:00 PM
965.49
-0.18 (-0.02%)
Pre-market: Mar 28, 2024, 7:29 AM EDT

Total Valuation

Lam Research has a market cap or net worth of $126.81 billion. The enterprise value is $126.15 billion.

Market Cap 126.81B
Enterprise Value 126.15B

Important Dates

The next estimated earnings date is Wednesday, April 17, 2024, after market close.

Earnings Date Apr 17, 2024
Ex-Dividend Date Mar 12, 2024

Share Statistics

Lam Research has 131.10 million shares outstanding. The number of shares has decreased by -3.02% in one year.

Shares Outstanding 131.10M
Shares Change (YoY) -3.02%
Shares Change (QoQ) -0.71%
Owned by Insiders (%) 0.25%
Owned by Institutions (%) 89.49%
Float 130.51M

Valuation Ratios

The trailing PE ratio is 37.28 and the forward PE ratio is 30.43. Lam Research's PEG ratio is 2.75.

PE Ratio 37.28
Forward PE 30.43
PS Ratio 8.86
Forward PS 7.89
PB Ratio 15.42
P/FCF Ratio 26.07
PEG Ratio 2.75
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 29.49, with an EV/FCF ratio of 25.94.

EV / Earnings 36.48
EV / Sales 8.81
EV / EBITDA 29.49
EV / EBIT 32.22
EV / FCF 25.94

Financial Position

The company has a current ratio of 3.06, with a Debt / Equity ratio of 0.61.

Current Ratio 3.06
Quick Ratio 1.95
Debt / Equity 0.61
Debt / EBITDA 1.17
Debt / FCF 1.02
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 42.10% and return on invested capital (ROIC) is 25.93%.

Return on Equity (ROE) 42.10%
Return on Assets (ROA) 18.40%
Return on Capital (ROIC) 25.93%
Revenue Per Employee $832,392
Profits Per Employee $201,059
Employee Count 17,200
Asset Turnover 0.76
Inventory Turnover 1.70

Taxes

In the past 12 months, Lam Research has paid $457.01 million in taxes.

Income Tax 457.01M
Effective Tax Rate 11.67%

Stock Price Statistics

The stock price has increased by +94.78% in the last 52 weeks. The beta is 1.52, so Lam Research's price volatility has been higher than the market average.

Beta (1Y) 1.52
52-Week Price Change +94.78%
50-Day Moving Average 904.03
200-Day Moving Average 728.88
Relative Strength Index (RSI) 57.48
Average Volume (30 Days) 1,071,890

Short Selling Information

The latest short interest is 2.42 million, so 1.85% of the outstanding shares have been sold short.

Short Interest 2.42M
Short Previous Month 2.30M
Short % of Shares Out 1.85%
Short % of Float 1.85%
Short Ratio (days to cover) 2.31

Income Statement

In the last 12 months, Lam Research had revenue of $14.32 billion and earned $3.46 billion in profits. Earnings per share was $25.90.

Revenue 14.32B
Gross Profit 6.48B
Operating Income 3.88B
Pretax Income 3.92B
Net Income 3.46B
EBITDA 4.28B
EBIT 3.92B
Earnings Per Share (EPS) $25.90
Full Income Statement

Balance Sheet

The company has $5.64 billion in cash and $4.98 billion in debt, giving a net cash position of $654.23 million or $4.99 per share.

Cash & Cash Equivalents 5.64B
Total Debt 4.98B
Net Cash 654.23M
Net Cash Per Share $4.99
Equity / Book Value 8.22B
Book Value Per Share 62.72
Working Capital 8.78B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $5.25 billion and capital expenditures -$390.40 million, giving a free cash flow of $4.86 billion.

Operating Cash Flow 5.25B
Capital Expenditures -390.40M
Free Cash Flow 4.86B
FCF Per Share $36.95
Full Cash Flow Statement

Margins

Gross margin is 45.23%, with operating and profit margins of 27.08% and 24.15%.

Gross Margin 45.23%
Operating Margin 27.08%
Pretax Margin 27.35%
Profit Margin 24.15%
EBITDA Margin 29.88%
EBIT Margin 27.35%
FCF Margin 33.97%

Dividends & Yields

This stock pays an annual dividend of $8.00, which amounts to a dividend yield of 0.83%.

Dividend Per Share $8.00
Dividend Yield 0.83%
Dividend Growth (YoY) 15.73%
Years of Dividend Growth 10
Payout Ratio 30.89%
Buyback Yield 3.02%
Shareholder Yield 3.85%
Earnings Yield 2.73%
FCF Yield 3.84%
Dividend Details

Analyst Forecast

The average price target for Lam Research is $841.78, which is -12.83% lower than the current price. The consensus rating is "Buy".

Price Target $841.78
Price Target Difference -12.83%
Analyst Consensus Buy
Analyst Count 18
Revenue Growth Forecast (5Y) 5.79%
EPS Growth Forecast (5Y) 10.97%
Stock Forecasts

Stock Splits

The last stock split was on March 17, 2000. It was a forward split with a ratio of 3:1.

Last Split Date Mar 17, 2000
Split Type Forward
Split Ratio 3:1

Scores

Lam Research has an Altman Z-Score of 10.96 and a Piotroski F-Score of 7.

Altman Z-Score 10.96
Piotroski F-Score 7