Lam Research Q1 EPS Forecast Decreased by Zacks Research

Lam Research Co. (NASDAQ:LRCX) – Equities researchers at Zacks Research decreased their Q1 2027 earnings per share (EPS) estimates for shares of Lam Research in a research note issued to investors on Tuesday, December 3rd. Zacks Research analyst R. Department now anticipates that the semiconductor company will earn $1.11 per share for the quarter, down from their prior forecast of $1.12. The consensus estimate for Lam Research’s current full-year earnings is $3.52 per share. Zacks Research also issued estimates for Lam Research’s FY2027 earnings at $4.65 EPS.

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

Other equities research analysts also recently issued reports about the stock. Needham & Company LLC reissued a “buy” rating and set a $100.00 target price on shares of Lam Research in a research report on Thursday, October 24th. BNP Paribas raised Lam Research to a “hold” rating in a research report on Thursday, October 24th. Citigroup reduced their price objective on shares of Lam Research from $99.00 to $89.30 and set a “buy” rating for the company in a research note on Monday, September 16th. UBS Group cut their price objective on shares of Lam Research from $125.00 to $115.00 and set a “buy” rating for the company in a research report on Thursday, September 12th. Finally, Morgan Stanley upped their price objective on shares of Lam Research from $76.00 to $78.00 and gave the stock an “equal weight” rating in a research report on Thursday. Eight research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $97.34.

Lam Research Stock Down 3.9 %

Shares of NASDAQ LRCX opened at $75.21 on Thursday. The firm has a market cap of $96.77 billion, a PE ratio of 24.31, a price-to-earnings-growth ratio of 1.25 and a beta of 1.46. 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 has a 1 year low of $68.87 and a 1 year high of $113.00. The company has a 50 day simple moving average of $76.42 and a 200 day simple moving average of $86.25.

Institutional Trading of Lam Research

A number of institutional investors have recently added to or reduced their stakes in LRCX. CWM LLC lifted its position in Lam Research by 9.8% during the 2nd quarter. CWM LLC now owns 4,525 shares of the semiconductor company’s stock valued at $4,819,000 after purchasing an additional 403 shares during the period. Lantz Financial LLC acquired a new stake in shares of Lam Research in the 2nd quarter valued at $212,000. U.S. Capital Wealth Advisors LLC lifted its holdings in shares of Lam Research by 3.7% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 335 shares of the semiconductor company’s stock worth $357,000 after acquiring an additional 12 shares during the last quarter. CHICAGO TRUST Co NA grew its position in Lam Research by 19.8% during the 2nd quarter. CHICAGO TRUST Co NA now owns 2,718 shares of the semiconductor company’s stock worth $2,894,000 after acquiring an additional 450 shares during the last quarter. Finally, Capital Investment Advisors LLC boosted its position in Lam Research by 21.7% during the 2nd quarter. Capital Investment Advisors LLC now owns 1,870 shares of the semiconductor company’s stock worth $1,991,000 after buying an additional 334 shares during the period. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Lam Research

In related news, CAO Christina Correia sold 647 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $817.51, for a total value of $528,928.97. Following the completion of the transaction, the chief accounting officer now owns 4,267 shares in the company, valued at $3,488,315.17. This represents a 13.17 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.29% of the company’s stock.

Lam Research Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Wednesday, December 11th will be issued a $0.23 dividend. The ex-dividend date of this dividend is Wednesday, December 11th. This represents a $0.92 annualized dividend and a yield of 1.22%. Lam Research’s dividend payout ratio is presently 29.74%.

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.