Cantor Fitzgerald Forecasts Lam Research FY2025 Earnings

Lam Research Co. (NASDAQ:LRCX) – Research analysts at Cantor Fitzgerald increased their FY2025 earnings per share estimates for shares of Lam Research in a research report issued to clients and investors on Thursday, January 30th. Cantor Fitzgerald analyst C. Muse now expects that the semiconductor company will post earnings of $3.77 per share for the year, up from their previous forecast of $3.51. Cantor Fitzgerald has a “Overweight” 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 issued its earnings results on Wednesday, January 29th. The semiconductor company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.87 by $0.04. Lam Research had a net margin of 26.49% and a return on equity of 52.58%.

Other research analysts also recently issued reports about the company. Morgan Stanley boosted their target price on Lam Research from $76.00 to $78.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Needham & Company LLC reissued a “buy” rating and issued a $90.00 price objective on shares of Lam Research in a research note on Thursday. The Goldman Sachs Group lowered their target price on Lam Research from $96.00 to $85.00 and set a “buy” rating for the company in a research note on Friday, January 10th. Sanford C. Bernstein upgraded shares of Lam Research from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $85.00 to $91.00 in a research report on Thursday. Finally, StockNews.com lowered shares of Lam Research from a “buy” rating to a “hold” rating in a report on Friday, October 11th. Seven equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $95.72.

Lam Research Price Performance

Shares of Lam Research stock opened at $80.73 on Friday. The stock has a market capitalization of $103.87 billion, a price-to-earnings ratio of 24.52, a P/E/G ratio of 1.38 and a beta of 1.45. The firm’s 50-day moving average price is $75.72 and its two-hundred day moving average price is $78.93. The company has a current ratio of 2.53, a quick ratio of 1.74 and a debt-to-equity ratio of 0.53. Lam Research has a 1-year low of $68.87 and a 1-year high of $113.00.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Sierra Ocean LLC bought a new stake in shares of Lam Research in the 4th quarter valued at $62,000. Pathway Financial Advisors LLC increased its holdings in shares of Lam Research by 892.4% in the fourth quarter. Pathway Financial Advisors LLC now owns 7,850 shares of the semiconductor company’s stock worth $567,000 after acquiring an additional 7,059 shares in the last quarter. JFS Wealth Advisors LLC raised its position in shares of Lam Research by 900.0% during the fourth quarter. JFS Wealth Advisors LLC now owns 1,030 shares of the semiconductor company’s stock worth $74,000 after purchasing an additional 927 shares during the period. Pinnacle Wealth Management Advisory Group LLC raised its position in shares of Lam Research by 607.5% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 20,313 shares of the semiconductor company’s stock worth $1,467,000 after purchasing an additional 17,442 shares during the period. Finally, J.W. Cole Advisors Inc. lifted its holdings in shares of Lam Research by 695.2% during the 4th quarter. J.W. Cole Advisors Inc. now owns 3,117 shares of the semiconductor company’s stock valued at $225,000 after purchasing an additional 2,725 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Lam Research Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Wednesday, December 11th were issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date was Wednesday, December 11th. Lam Research’s dividend payout ratio (DPR) is currently 27.95%.

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.