Lam Research (NASDAQ:LRCX – Get Free Report) announced its quarterly earnings results on Wednesday. The semiconductor company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05, Briefing.com reports. Lam Research had a net margin of 25.68% and a return on equity of 48.71%. The company had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.06 billion. During the same period in the prior year, the company posted $6.85 EPS. Lam Research’s revenue was up 19.7% compared to the same quarter last year. 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
Shares of Lam Research stock traded up $2.31 on Thursday, hitting $75.17. 5,670,582 shares of the company traded hands, compared to its average volume of 11,190,563. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.00 and a current ratio of 2.97. The business has a 50-day simple moving average of $79.60 and a 200 day simple moving average of $89.94. Lam Research has a 52 week low of $57.44 and a 52 week high of $113.00. The stock has a market capitalization of $9.83 billion, a P/E ratio of 2.68, a price-to-earnings-growth ratio of 1.75 and a beta of 1.47.
Lam Research Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 17th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.22%. The ex-dividend date was Tuesday, September 17th. Lam Research’s dividend payout ratio (DPR) is presently 3.38%.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on LRCX
Insider Activity at Lam Research
In related news, CAO Christina Correia sold 647 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $817.51, for a total transaction of $528,928.97. Following the sale, the chief accounting officer now owns 4,267 shares in the company, valued at approximately $3,488,315.17. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.32% of the stock is currently owned by corporate insiders.
About Lam Research
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.
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