Lam Research (NASDAQ:LRCX – Get Free Report) issued its quarterly earnings data on Wednesday. The semiconductor company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.81 by $0.05, Briefing.com reports. The business had revenue of $4.17 billion during the quarter, compared to analyst estimates of $4.06 billion. Lam Research had a net margin of 25.68% and a return on equity of 48.71%. The company’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same period in the prior year, the business earned $6.85 EPS. Lam Research updated its Q2 guidance to $0.77-0.97 EPS and its Q2 2025 guidance to 0.770-0.970 EPS.
Lam Research Price Performance
NASDAQ LRCX opened at $76.57 on Friday. The company has a quick ratio of 2.00, a current ratio of 2.97 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $10.01 billion, a P/E ratio of 2.82, a PEG ratio of 1.75 and a beta of 1.47. The company has a 50-day moving average price of $79.60 and a 200-day moving average price of $89.94. Lam Research has a 52 week low of $57.44 and a 52 week high of $113.00.
Lam Research Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 17th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Tuesday, September 17th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.20%. Lam Research’s dividend payout ratio is currently 3.38%.
Wall Street Analyst Weigh In
Get Our Latest Stock Report on Lam Research
Insider Buying and Selling
In other Lam Research news, CAO Christina Correia sold 647 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $817.51, for a total transaction of $528,928.97. Following the completion of the sale, the chief accounting officer now directly owns 4,267 shares of the company’s stock, valued at approximately $3,488,315.17. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.32% of the stock is currently owned by insiders.
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.
Recommended Stories
- Five stocks we like better than Lam Research
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
- Insider Trading – What You Need to Know
- The Downtrend in UPS Stock Isn’t Over Yet
Receive News & Ratings for Lam Research Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lam Research and related companies with MarketBeat.com's FREE daily email newsletter.