Lam Research Corporation (LRCX) EPS Estimated At $3.67

January 18, 2018 - By Migdalia James

 Lam Research Corporation (LRCX) EPS Estimated At $3.67
Investors sentiment increased to 1.02 in Q3 2017. Its up 0.04, from 0.98 in 2017Q2. It is positive, as 51 investors sold Lam Research Corporation shares while 238 reduced holdings. 87 funds opened positions while 207 raised stakes. 146.35 million shares or 1.92% less from 149.22 million shares in 2017Q2 were reported.
Apg Asset Nv reported 544,298 shares or 0.17% of all its holdings. Daiwa Sb has 90 shares. Wetherby Asset Mngmt invested in 0.05% or 1,817 shares. Moreover, Mirae Asset Global Investments Ltd has 0.03% invested in Lam Research Corporation (NASDAQ:LRCX). 17,928 were accumulated by Cambridge Investment Advsrs Inc. First Merchants holds 4,866 shares or 0.16% of its portfolio. Moreover, Deroy And Devereaux Private Counsel has 2.46% invested in Lam Research Corporation (NASDAQ:LRCX). Moreover, Alphaone Investment Svcs Limited Liability Company has 0.16% invested in Lam Research Corporation (NASDAQ:LRCX) for 3,320 shares. 97,358 were accumulated by Main Street Research. Exxonmobil Mgmt Tx reported 0.14% in Lam Research Corporation (NASDAQ:LRCX). Alliancebernstein L P holds 301,244 shares or 0.04% of its portfolio. Ifrah Financial Services reported 2,575 shares stake. Franklin Resources owns 1.22M shares. Bkd Wealth Advisors holds 0.05% or 2,470 shares. Alpha Windward Llc invested in 247 shares or 0.03% of the stock.

Since September 11, 2017, it had 0 insider buys, and 10 selling transactions for $7.30 million activity. ARCHER TIMOTHY had sold 8,691 shares worth $1.49M.

Analysts expect Lam Research Corporation (NASDAQ:LRCX) to report $3.67 EPS on January, 24.They anticipate $1.43 EPS change or 63.84 % from last quarter’s $2.24 EPS. LRCX’s profit would be $594.35M giving it 13.74 P/E if the $3.67 EPS is correct. After having $3.46 EPS previously, Lam Research Corporation’s analysts see 6.07 % EPS growth. The stock decreased 1.66% or $3.41 during the last trading session, reaching $201.67. About 1.29M shares traded. Lam Research Corporation (NASDAQ:LRCX) has risen 107.86% since January 18, 2017 and is uptrending. It has outperformed by 91.16% the S&P500.

Lam Research Corporation (NASDAQ:LRCX) Ratings Coverage

Among 23 analysts covering Lam Research Corporation (NASDAQ:LRCX), 22 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Lam Research Corporation has $270 highest and $52 lowest target. $194.05’s average target is -3.78% below currents $201.67 stock price. Lam Research Corporation had 70 analyst reports since September 17, 2015 according to SRatingsIntel. Argus Research maintained Lam Research Corporation (NASDAQ:LRCX) rating on Thursday, October 19. Argus Research has “Buy” rating and $225 target. The firm earned “Buy” rating on Thursday, July 27 by Cowen & Co. As per Thursday, August 11, the company rating was downgraded by Nomura. The firm has “Outperform” rating by Cowen & Co given on Thursday, December 10. On Thursday, October 22 the stock rating was maintained by B. Riley & Co with “Buy”. As per Monday, October 5, the company rating was downgraded by RBC Capital Markets. The stock has “Buy” rating by Needham on Friday, June 16. The stock of Lam Research Corporation (NASDAQ:LRCX) has “Buy” rating given on Thursday, October 20 by Needham. The stock of Lam Research Corporation (NASDAQ:LRCX) earned “Buy” rating by Argus Research on Tuesday, September 12. On Tuesday, October 25 the stock rating was reinitiated by Goldman Sachs with “Neutral”.

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide. The company has market cap of $32.66 billion. The firm offers thin film deposition products, including SABRE electrochemical deposition products for copper damascene manufacturing; ALTUS systems to deposit conformal atomic layer films for tungsten metallization applications; VECTOR plasma-enhanced chemical vapor deposition and atomic layer deposition systems to deposit oxides, nitrides, and carbides for hardmasks, multiple patterning films, anti-reflective layers, multi-layer stack films, and diffusion barriers; and Striker atomic layer deposition systems that deliver conformal dielectric films for spacer patterning and liner applications in various advanced memory and logic structures. It has a 18.41 P/E ratio. The Company’s thin film deposition products also comprise SPEED high-density plasma CVD products for applications in shallow trench isolation, pre-metal dielectrics, inter-layer dielectrics, inter-metal dielectrics, and passivation layers; and SOLA ultraviolet thermal processing products for treatment of back-end-of-line (BEOL) low-k dielectric films and front-end-of-line silicon nitride strained films.

More important recent Lam Research Corporation (NASDAQ:LRCX) news were published by: which released: “Lam Research (LRCX) Catches Eye: Stock Jumps 7.7% January 18, 2018” on January 18, 2018, also published article titled: “5 Reasons Why You Should Buy Lam Research (LRCX) Stock Now”, published: “Dinner With Lam Research” on January 04, 2018. More interesting news about Lam Research Corporation (NASDAQ:LRCX) was released by: and their article: “Susquehanna Upgrades Lam Research On Favorable Industry Outlook” with publication date: January 16, 2018.

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