Cantor Fitzgerald Comments on Lam Research FY2025 Earnings

Lam Research Co. (NASDAQ:LRCX) – Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for Lam Research in a research report issued to clients and investors on Tuesday, January 21st. Cantor Fitzgerald analyst C. Muse expects that the semiconductor company will post earnings per share of $3.51 for the year. Cantor Fitzgerald currently has a “Neutral” rating and a $100.00 price target on the stock. The consensus estimate for Lam Research’s current full-year earnings is $3.51 per share.

Other equities research analysts also recently issued reports about the company. Needham & Company LLC reaffirmed a “buy” rating and set a $100.00 price objective on shares of Lam Research in a report on Thursday, October 24th. Barclays dropped their price objective on shares of Lam Research from $90.00 to $75.00 and set an “equal weight” rating for the company in a research report on Friday, January 17th. BNP Paribas upgraded shares of Lam Research to a “hold” rating in a research report on Thursday, October 24th. Stifel Nicolaus reissued a “buy” rating and issued a $100.00 price target (down previously from $105.00) on shares of Lam Research in a report on Thursday, October 24th. Finally, Wolfe Research lowered shares of Lam Research from an “outperform” rating to a “peer perform” rating in a report on Wednesday, January 15th. Nine equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $95.77.

Lam Research Stock Up 2.1 %

LRCX stock opened at $83.25 on Wednesday. The company has a quick ratio of 1.74, a current ratio of 2.53 and a debt-to-equity ratio of 0.53. The business’s 50-day simple moving average is $74.92 and its 200 day simple moving average is $80.24. The company has a market cap of $107.12 billion, a PE ratio of 26.91, a price-to-earnings-growth ratio of 1.48 and a beta of 1.45. Lam Research has a twelve month low of $68.87 and a twelve month high of $113.00.

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

Lam Research Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Wednesday, December 11th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.11%. The ex-dividend date was Wednesday, December 11th. Lam Research’s dividend payout ratio (DPR) is currently 29.74%.

Hedge Funds Weigh In On Lam Research

Several institutional investors and hedge funds have recently modified their holdings of the stock. Gabelli Funds LLC increased its holdings in shares of Lam Research by 5.6% in the second quarter. Gabelli Funds LLC now owns 300 shares of the semiconductor company’s stock valued at $319,000 after purchasing an additional 16 shares during the last quarter. Insigneo Advisory Services LLC increased its holdings in shares of Lam Research by 2.6% in the second quarter. Insigneo Advisory Services LLC now owns 907 shares of the semiconductor company’s stock valued at $966,000 after purchasing an additional 23 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Lam Research by 7.6% in the second quarter. EverSource Wealth Advisors LLC now owns 380 shares of the semiconductor company’s stock valued at $405,000 after purchasing an additional 27 shares during the last quarter. Trust Co. of Toledo NA OH increased its holdings in shares of Lam Research by 2.4% in the third quarter. Trust Co. of Toledo NA OH now owns 2,074 shares of the semiconductor company’s stock valued at $1,693,000 after purchasing an additional 49 shares during the last quarter. Finally, Quarry LP increased its holdings in shares of Lam Research by 175.0% in the second quarter. Quarry LP now owns 88 shares of the semiconductor company’s stock valued at $94,000 after purchasing an additional 56 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

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.