Cantor Fitzgerald Forecasts Lam Research FY2025 Earnings

Lam Research Co. (NASDAQ:LRCX) – Equities researchers at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of Lam Research in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst C. Muse forecasts that the semiconductor company will post earnings per share of $3.51 for the year. Cantor Fitzgerald 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.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data 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 firm had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.06 billion. During the same quarter in the previous year, the business earned $6.85 EPS. The company’s quarterly revenue was up 19.7% compared to the same quarter last year.

Several other research firms have also commented on LRCX. BNP Paribas raised shares of Lam Research to a “hold” rating in a research note on Thursday, October 24th. B. Riley dropped their price target on shares of Lam Research from $132.50 to $105.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. Wells Fargo & Company reduced their price objective on Lam Research from $83.00 to $82.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Sanford C. Bernstein lowered their target price on Lam Research from $95.00 to $85.00 and set a “market perform” rating for the company in a research note on Friday, November 29th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $100.00 price target on shares of Lam Research in a research report on Thursday, October 24th. Nine investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $95.77.

Lam Research Stock Performance

Shares of Lam Research stock opened at $81.50 on Wednesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.53 and a quick ratio of 1.74. The stock has a market capitalization of $104.87 billion, a price-to-earnings ratio of 26.34, a price-to-earnings-growth ratio of 1.48 and a beta of 1.45. The business has a 50-day moving average of $74.81 and a 200 day moving average of $80.43. Lam Research has a 12 month low of $68.87 and a 12 month high of $113.00.

Lam Research Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Wednesday, December 11th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.13%. The ex-dividend date was Wednesday, December 11th. Lam Research’s payout ratio is currently 29.74%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Atwood & Palmer Inc. acquired a new stake in shares of Lam Research in the fourth quarter valued at approximately $27,000. West Oak Capital LLC boosted its stake in Lam Research by 50.9% during the 4th quarter. West Oak Capital LLC now owns 400 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 135 shares during the period. Finley Financial LLC purchased a new position in Lam Research during the 4th quarter worth $30,000. Householder Group Estate & Retirement Specialist LLC increased its stake in Lam Research by 159.1% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 500 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 307 shares during the period. Finally, Laurel Wealth Advisors LLC purchased a new stake in shares of Lam Research in the fourth quarter valued at about $37,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

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.