Cantor Fitzgerald Forecasts Lam Research FY2025 Earnings

Lam Research Co. (NASDAQ:LRCX) – Equities researchers at Cantor Fitzgerald issued their FY2025 earnings per share estimates for Lam Research in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst C. Muse anticipates that the semiconductor company will earn $3.51 per share for the year. Cantor Fitzgerald has a “Neutral” rating and a $100.00 price objective on the stock. The consensus estimate for Lam Research’s current full-year earnings is $3.51 per share.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, October 23rd. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05. The business had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.06 billion. Lam Research had a net margin of 26.02% and a return on equity of 50.60%. Lam Research’s revenue was up 19.7% compared to the same quarter last year. During the same period last year, the business posted $6.85 EPS.

Several other equities analysts have also recently weighed in on LRCX. Needham & Company LLC reissued a “buy” rating and set a $100.00 price objective on shares of Lam Research in a research report on Thursday, October 24th. StockNews.com lowered Lam Research from a “buy” rating to a “hold” rating in a report on Friday, October 11th. BNP Paribas upgraded shares of Lam Research to a “hold” rating in a research note on Thursday, October 24th. Barclays cut their target price on shares of Lam Research from $90.00 to $75.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. Finally, The Goldman Sachs Group reduced their price target on shares of Lam Research from $96.00 to $85.00 and set a “buy” rating for the company in a report on Friday, January 10th. Nine investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $95.77.

Lam Research Stock Down 2.4 %

LRCX stock opened at $81.23 on Wednesday. The stock has a market capitalization of $104.52 billion, a price-to-earnings ratio of 26.25, a price-to-earnings-growth ratio of 1.50 and a beta of 1.45. The company has a 50-day moving average of $75.11 and a two-hundred day moving average of $80.06. Lam Research has a 52-week low of $68.87 and a 52-week high of $113.00. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.53 and a quick ratio of 1.74.

Lam Research Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Wednesday, December 11th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.13%. The ex-dividend date was Wednesday, December 11th. Lam Research’s payout ratio is 29.74%.

Hedge Funds Weigh In On Lam Research

Several institutional investors have recently added to or reduced their stakes in LRCX. Atwood & Palmer Inc. acquired a new stake in shares of Lam Research during the fourth quarter worth approximately $27,000. West Oak Capital LLC grew its position in Lam Research by 50.9% during the 4th quarter. West Oak Capital LLC now owns 400 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 135 shares during the last quarter. Country Trust Bank increased its holdings in Lam Research by 900.0% during the 4th quarter. Country Trust Bank now owns 400 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 360 shares in the last quarter. Finley Financial LLC bought a new position in Lam Research in the 4th quarter valued at $30,000. Finally, Householder Group Estate & Retirement Specialist LLC boosted its stake in Lam Research by 159.1% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 500 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 307 shares in the last quarter. 84.61% of the stock is owned by institutional investors.

Lam Research Company Profile

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.