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Stock'S Earning Overview Lam Research Corporation (LRCX)

Stock'S Earning Overview Lam Research Corporation (LRCX)

Private Advisor Group Ltd Liability Corp accumulated 9,506 shares. Lam Research Corp now has $29.84 billion valuation. Vanguard Group Inc. now owns 16,162,079 shares of the semiconductor company's stock worth $2,285,802,000 after acquiring an additional 411,951 shares during the last quarter. For LRCX, the company now has $2.41 Billion of cash on the books, which is offset by $639.91 Million current liabilities.

Lam Research Corporation is a supplier of wafer fabrication equipment and services to the semiconductor industry. It has outperformed by 91.16% the S&P500.The move comes after 7 months positive chart setup for the $29.62B company.

Lam Research declared that its board has approved a share buyback program on Tuesday, November 14th that authorizes the company to buyback $2.00 billion in outstanding shares. It operates in three divisions: Bausch + Lomb/International, Branded Rx, and U.S. It now has negative earnings.

American International Group Inc. lowered its holdings in Lam Research Co. (NYSE:VRX) to report earnings on February, 27. National Asset holds 1,782 shares. Archford Capital Strategies Ltd Liability Com invested in 0% or 17,320 shares. The California-based Cypress Funds Llc has invested 6.45% in the stock. Americafirst Cap Mgmt Llc reported 3,336 shares. The stock has been active on the tape, now trading at $180.53, down from yesterday's close by -0.12%. The shares were sold at an average price of $216.08, for a total value of $57,045.12. Finally, UBS Asset Management Americas Inc. grew its position in shares of Lam Research by 9.5% in the second quarter. (VRX) has declined 48.51% since December 6, 2016 and is downtrending. It has underperformed by 11.20% the S&P500. These analysts have also projected a Low Estimate of $3.64/share and a High Estimate of $3.77/share. LRCX's profit will be $594.34M for 12.55 P/E if the $3.67 EPS becomes a reality.

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Lam Research Corporation (LRCX) saw 798.24 million in free cash flow last quarter, representing a quarterly net change in cash of 28.93 million.

Currently Lam Research Corporation (NASDAQ:LRCX)'s shares owned by insiders are 0.30%, whereas shares owned by institutional owners are 96.60%. Therefore 86% are positive. The business's revenue was up 51.8% on a year-over-year basis. equities analysts predict that Lam Research Co. will post 14.74 EPS for the current fiscal year. The stock's average target of $118.75 is -35.42% below today's ($183.88) share price. Needham maintained Lam Research Corporation (NASDAQ:LRCX) rating on Thursday, October 20. As per Monday, May 16, the company rating was maintained by Cowen & Co. Morgan Stanley maintained Lam Research Corporation (NASDAQ:LRCX) on Wednesday, October 18 with "Overweight" rating. The company was maintained on Thursday, July 27 by RBC Capital Markets. The stock of Lam Research Corporation (NASDAQ:LRCX) has "Neutral" rating given on Thursday, August 3 by Citigroup. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating.

Since June 12, 2017, it had 0 buys, and 2 selling transactions for $1.82 million activity. Also, COO Timothy Archer sold 4,223 shares of the stock in a transaction dated Thursday, March 23rd. Investors of record on Wednesday, December 6th will be given a dividend of $0.50 per share. The firm attains analyst recommendation of 2.20 on scale of 1-5 with week's performance of 0.99%. It is negative, as 43 investors sold LRCX shares while 255 reduced holdings. 110 funds opened positions while 182 raised stakes. Kentucky-based Alphamark Advsrs Limited Company has invested 0.01% in Lam Research Corporation (NASDAQ:LRCX). First Fincl In holds 0.01% of its portfolio in Lam Research Corporation (NASDAQ:LRCX) for 130 shares. Retirement Sys Of Alabama invested in 0.06% or 78,213 shares. The company reported revenue of $0 in the same period previous year. Commerzbank Aktiengesellschaft Fi reported 18,140 shares. Finally, Royal Bank Of Canada upped their price objective on Lam Research from $185.00 to $210.00 and gave the company an "outperform" rating in a report on Wednesday, October 18th. Four research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the stock. Commerzbank Aktiengesellschaft Fi invested 0.04% in Lam Research Corporation (NASDAQ:LRCX). Delphi Mngmt Inc Ma stated it has 1.43% in Lam Research Corporation (NASDAQ:LRCX). Commonwealth Bancorp Of holds 0.02% of its portfolio in Lam Research Corporation (NASDAQ:LRCX) for 15,319 shares.

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