Lam Research Corporation (NASDAQ:LRCX) currently has a “Sell” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Sell” signal. 10 – 8 Day Moving Average Hilo Channel shows “Hold” signal. While 20-Day Moving Average VS Current Price shows “Sell” Signal.
Lam Research Corporation (NASDAQ:LRCX) gained 1.22 Percent and closed its previous trading session at $171.32. The stock traded with the average Volume of 3.46 Million at the end of last session.
Lam Research Corporation (NASDAQ:LRCX) has the Market Capitalization of 27.04 Billion. The Stock has its 52-week High of $234.88 and 52-Week Low of $148.26 and it touched its 52-week high on 03/13/18 and 52-Week Low on 08/03/17
The company reported its last earnings Actual EPS of $4.79/share. While, the analyst predicted that the company could provide an EPS of $4.38/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.41/share which shows an Earnings Surprise of 9.4 Percent.
Sell side analysts plays vital role in buying and selling a stock where 7 analysts rated Lam Research Corporation (NASDAQ:LRCX) as Buy, 0 analysts given Outperform signal, 2 reported Hold, and 0 analysts rated the stock as Sell.
The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -1.66% where SMA50 and SMA200 are -9.1% and -11.88% respectively.
The company shows its Return on Assets (ROA) value of 14.8%. The Return on Equity (ROE) value stands at 27.9%. While it’s Return on Investment (ROI) value is 18.1%.
Lam Research Corporation (NASDAQ:LRCX) currently has a Weekly Volatility of 2.77% percent while its Monthly Volatility is at 2.55% percent. While talking about Performance of the Stock, Lam Research Corporation currently has a Weekly performance of -0.29%, monthly performance percentage is -8.35 percent, Quarterly performance is -16.84 percent, 6 months performance shows a percent value of -10.61% and Yearly Performance is 10.83 percent.
Lam Research Corporation enables its customers to shape the future of technology by providing market-leading equipment and services for semiconductor wafer processing. To produce the tiny, complex chips used in products such as cell phones, computing devices, and entertainment gadgets, semiconductor manufacturers require highly sophisticated processes and equipment. Lam’s products play a key role in this, allowing chipmakers to build device features that are more than 1,000 times smaller than a grain of sand. Lam’s market-leading products are used in several steps that are repeated multiple times throughout the chip-making process, including thin film deposition, plasma etch, photoresist strip, and wafer cleaning. Their success as a company is based on a solid foundation of technical achievement, close collaboration with our customers, and delivering on commitments.