Lam Research (LRCX)
(Delayed Data from NSDQ)
$784.08 USD
+10.89 (1.41%)
Updated Sep 23, 2024 04:00 PM ET
After-Market: $783.50 -0.58 (-0.07%) 6:38 PM ET
3-Hold of 5 3
C Value B Growth C Momentum B VGM
Company Summary
Headquartered in Fremont, CA, Lam Research Corporation supplies wafer fabrication equipment and services to the semiconductor industry. In addition, it serves the related markets that rely on semiconductor processes and require production-proven manufacturing capabilities, such as complementary metal-oxide-semiconductor image sensors and micro-electromechanical systems (MEMS).
Lam holds a strong position in deposition and etch, which address numerous critical steps in the fabrication process with the goal of reducing defect rates, improving yields, lowering costs and reducing the processing time. Its core competencies lie in areas such as nanoscale applications enablement, chemistry, plasma and fluidics, and ...
Company Summary
Headquartered in Fremont, CA, Lam Research Corporation supplies wafer fabrication equipment and services to the semiconductor industry. In addition, it serves the related markets that rely on semiconductor processes and require production-proven manufacturing capabilities, such as complementary metal-oxide-semiconductor image sensors and micro-electromechanical systems (MEMS).
Lam holds a strong position in deposition and etch, which address numerous critical steps in the fabrication process with the goal of reducing defect rates, improving yields, lowering costs and reducing the processing time. Its core competencies lie in areas such as nanoscale applications enablement, chemistry, plasma and fluidics, and advanced systems engineering.
The company caters to the needs of semiconductor memory, foundry and integrated device manufacturers (IDMs) by providing them with integrating hardware, process, materials, software, and process control, enabling results on the wafer.
The company also addresses back-end wafer-level packaging processes by offering advanced packaging solutions that support fan-out panel-level packaging, thus meeting the requirement for 3D stacking of high bandwidth memory (HBM).
Lam reported revenues of $14.91 billion in fiscal 2024, down 14.5% from fiscal 2023.
It serves three market segments — Memory, Foundry and Logic/Other from where it generated 42%, 40% and 18% of its total revenues in fiscal 2024, respectively.
The company’s sales of new leading-edge equipment in deposition, etch and clean markets amount to its systems revenues, which stood at $8.9 billion (60% of the total revenues).
In addition, Lam’s Customer Support Business Group revenues comprise sales of customer service, spares, upgrades, and non-leading-edge equipment from Lam’s Reliant product line. Customer support-related revenues and other revenues were $5.98 billion (40% of the total revenues).
The revenue distribution by geography in fiscal 2024 was as follows — Korea contributed 19%, Taiwan 11%, Japan 10%, China 42%, U.S accounted for 7%, Europe 5% and South East Asia contributed 6%.
Being a leading producer of specialized equipment, most of the competition comes from other large equipment makers, such as Hitachi, Tokyo Electron and Applied Materials.
General Information
Lam Research Corporation
4650 Cushing Parkway
Fremont, CA 94538
Phone: 510-572-0200
Fax: 510-572-6454
Web: http://www.lamresearch.com
Email: investor.relations@lamresearch.com
Industry | Semiconductor Equipment - Wafer Fabrication |
Sector | Computer and Technology |
Fiscal Year End | June |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/16/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 8.00 |
Current Year EPS Consensus Estimate | 35.20 |
Estimated Long-Term EPS Growth Rate | 14.80 |
Exp Earnings Date | 10/16/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 773.19 |
52 Week High | 1,130.00 |
52 Week Low | 574.42 |
Beta | 1.48 |
20 Day Moving Average | 1,291,223.50 |
Target Price Consensus | 1,040.92 |
4 Week | -8.75 |
12 Week | -27.39 |
YTD | -1.29 |
4 Week | -9.84 |
12 Week | -30.47 |
YTD | -17.43 |
Shares Outstanding (millions) | 129.88 |
Market Capitalization (millions) | 100,418.83 |
Short Ratio | NA |
Last Split Date | 3/17/2000 |
Dividend Yield | 1.19% |
Annual Dividend | $9.20 |
Payout Ratio | 0.26 |
Change in Payout Ratio | 0.02 |
Last Dividend Payout / Amount | 9/17/2024 / $2.30 |
Fundamental Ratios
P/E (F1) | 21.97 |
Trailing 12 Months | 25.52 |
PEG Ratio | 1.49 |
vs. Previous Year | 36.12% |
vs. Previous Quarter | 4.49% |
vs. Previous Year | 20.71% |
vs. Previous Quarter | 2.05% |
Price/Book | 11.84 |
Price/Cash Flow | 23.20 |
Price / Sales | 6.74 |
6/30/24 | 48.71 |
3/31/24 | 45.96 |
12/31/23 | 44.47 |
6/30/24 | 21.51 |
3/31/24 | 20.08 |
12/31/23 | 19.41 |
6/30/24 | 2.97 |
3/31/24 | 2.82 |
12/31/23 | 3.06 |
6/30/24 | 2.00 |
3/31/24 | 1.84 |
12/31/23 | 2.02 |
6/30/24 | 26.82 |
3/31/24 | 26.22 |
12/31/23 | 25.54 |
6/30/24 | 25.68 |
3/31/24 | 25.35 |
12/31/23 | 24.15 |
6/30/24 | 29.25 |
3/31/24 | 28.58 |
12/31/23 | 27.35 |
6/30/24 | 65.32 |
3/31/24 | 61.36 |
12/31/23 | 62.72 |
6/30/24 | 1.77 |
3/31/24 | 1.65 |
12/31/23 | 1.66 |
6/30/24 | 0.52 |
3/31/24 | 0.56 |
12/31/23 | 0.61 |
6/30/24 | 34.40 |
3/31/24 | 35.83 |
12/31/23 | 37.72 |