DA Davidson reissued a "buy" rating and issued a $215.00 price target on shares of Lam Research in a report on Thursday, October 12th. Schroder Investment Management Group lifted its stake in shares of Lam Research by 3,248.5% in the 3rd quarter. Also, VP Patrick J. Lord sold 264 shares of Lam Research stock in a transaction dated Friday, November 24th. A total of 5,147,108 shares exchanged hands during the intra-day trade contrast with its average trading volume of 2.33M shares, while its relative volume stands at 2.21. About 911,982 shares traded. Lam Research Corporation (NASDAQ:LRCX) has risen 107.86% since December 7, 2016 and is uptrending. It has outperformed by 91.16% the S&P500. Argus Research has "Buy" rating and $196.0 target. Therefore 91% are positive. Steris had 8 analyst reports since November 2, 2015 according to SRatingsIntel. The company has the market capitalization of $138.50M while its P/B ratio was 3.95. Morgan Stanley initiated Lam Research Corporation (NASDAQ:LRCX) on Tuesday, December 15 with "Overweight" rating.
With less dependency on the broader economy firm tend to rank better during downturns, however looking at risk and rates of return along with overall sector, we have beta of 1.62, is comfortably stable. Seekingalpha.com's news article titled: "La-Z-Boy's (LZB) CEO Kurt Darrow on Q2 2018 Results - Earnings Call Transcript" with publication date: November 30, 2017 was also an interesting one. Monroe Bank & Trust who had been investing in La Z Boy Inc for a number of months, seems to be less bullish one the $1.56 billion market cap company. The companyÂ's Healthcare Products segment offers steam, vaporized hydrogen peroxide, and ethylene oxide sterilizers, as well as liquid chemical sterilant processing systems; automated washer/disinfector systems; general and specialty surgical tables, surgical and examination lights, equipment management systems, operating room storage cabinets, warming cabinets, scrub sinks, and other accessories; and gastrointestinal devices and accessories. It is pertinent to acknowledge that the last fiscal price-earnings has been less than 11.93 forward PE ratio. It tells an investor how quickly a company is increasing its revenues. Its up 0.43, from 0.57 in 2017Q1. Covington Cap Mgmt reported 1,470 shares. Victory Cap Incorporated reported 0.11% stake. Commerzbank Aktiengesellschaft Fi reported 18,140 shares. Ghp Investment has invested 0.24% of its portfolio in Steris Plc (NYSE:STE). Rgm Capital Llc owns 522,062 shares or 7.5% of their United States portfolio.
West Oak Capital Llc decreased Lennar Corp (NYSE:LEN) stake by 310 shares to 33,140 valued at $1.77 billion in 2017Q2.
Australian stocks shed 0.35 percent, South Korea's KOSPI lost 0.65 percent and Shanghai retreated 0.7 percent. State Treasurer State Of Michigan holds 0.06% or 53,060 shares in its portfolio. Susquehanna Group Llp invested in 0.01% or 214,481 shares. The stock increased 0.47% or $0.15 during the last trading session, reaching $32.35. It has underperformed by 6.60% the S&P500.
Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Tuesday, October 17th.
Several analysts are forecasting growth estimate of Lam Research Corporation for the current quarter to be 64.3%. This repurchase authorization permits the semiconductor company to buy shares of its stock through open market purchases. The rating was maintained by Oppenheimer on Friday, October 27 with "Outperform". The rating was maintained by Stifel Nicolaus on Thursday, October 20 with "Buy". The firm has "Buy" rating given on Thursday, July 27 by Needham. Goldman Sachs upgraded the stock to "Buy" rating in Monday, December 19 report.
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide. The rating was maintained by B. Riley & Co with "Buy" on Thursday, October 22. Investors of record on Wednesday, December 6th will be issued a $0.50 dividend. Its up 0.15, from 1.03 in 2017Q1.
The outstanding shares for Lam Research Corporation is 163.89 with a shares float of 161.44.
Hedge funds have recently added to or reduced their stakes in the business. The NYSE-listed company saw a recent bid of $71.66 on volume of 9.68 million shares. Hilltop Holding Incorporated invested in 1,829 shares or 0.08% of the stock.
Alpha Windward Limited Liability Corp has invested 0.02% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). Ssi Inv Inc holds 2,333 shares. Old Mutual Investors (Uk) Ltd holds 1.51% of its portfolio in Lam Research Corporation (NASDAQ:LRCX) for 878,960 shares. Schwab Charles Investment Management holds 530,597 shares or 0.07% of its portfolio. Needham Invest Llc holds 0.09% of its portfolio in Lam Research Corporation (NASDAQ:LRCX) for 2,500 shares. Sensato Investors Llc, a California-based fund reported 144,761 shares. Washington Trust Bancorporation holds 517 shares.
A statistical measure of the dispersion of returns (volatility) for LRCX producing salvation in Investors mouth, it has week volatility of 6.74% and for the month booked as 3.28%. Gmt reported 365,700 shares or 1.16% of all its holdings. Wall Street News24 (The Investor Guide) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument unless that information is subsequently confirmed on your own. Cutter And Company Brokerage holds 0.26% or 4,635 shares in its portfolio.
Since June 12, 2017, it had 0 insider buys, and 2 insider sales for $1.82 million activity.