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How to buy Lam Research (LRCX) shares in Australia

Learn how to easily invest in Lam Research shares.

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Lam Research Corp (LRCX) is a leading semiconductor equipment & materials business with stocks listed in the US. It opened the day at US$607.81 after a previous close of US$606.03. During the day the price has varied from a low of USD602.88 to a high of USD614.31. The latest price was USD612.85 (25 minute delay). Lam Research is listed on the NASDAQ. All prices are listed in US Dollars.

How to buy shares in Lam Research

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Lam Research. Find the share by name or ticker symbol: LRCX. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Lam Research reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$606.03, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Lam Research, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Lam Research. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Lam Research stock price (NASDAQ:LRCX)

Use our graph to track the performance of LRCX stocks over time.

Lam Research shares at a glance

Information last updated 2021-07-09.
OpenUS$607.81
HighUS$614.31
LowUS$602.88
CloseUS$612.85
Previous closeUS$606.03
Change US$6.82
Change % 1.1254%
Volume 837,515
Information last updated 2022-06-24.
52-week rangeUS$411.39 - US$727.0609
50-day moving average US$475.8122
200-day moving average US$568.507
Target priceUS$628.36
PE ratio 13.2608
Dividend yield US$5.8 (1.41%)
Earnings per share (TTM) US$31.98

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Lam Research stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Lam Research share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Lam Research price performance over time

Historical closes compared with the last close of $612.85

1 week (2022-06-17) 46.10%
1 month (2022-05-26) 20.35%
3 months (2022-03-25) 10.46%
6 months (2021-12-28) -14.42%
1 year (2021-06-28) -5.27%
2 years (2020-06-26) 102.58%
3 years (2019-06-28) 226.26%
5 years (2017-06-27) 323.77%

Is Lam Research under- or over-valued?

Valuing Lam Research stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Lam Research's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Lam Research's P/E ratio

Lam Research's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Lam Research shares trade at around 13x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Lam Research's PEG ratio

Lam Research's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.8934. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Lam Research's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Lam Research's EBITDA

Lam Research's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$5.5 billion (£4.5 billion).

The EBITDA is a measure of a Lam Research's overall financial performance and is widely used to measure a its profitability.

Lam Research financials

Revenue TTM US$16.7 billion
Operating margin TTM 31.18%
Gross profit TTM US$6.8 billion
Return on assets TTM 20.47%
Return on equity TTM 79.68%
Profit margin 27.13%
Book value 43.448
Market capitalisation US$58.8 billion

TTM: trailing 12 months

Lam Research's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Lam Research.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Lam Research's total ESG risk score

Total ESG risk: 14.47

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Lam Research's overall score of 14.47 (as at 01/01/2019) is excellent – landing it in it in the 12nd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Lam Research is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Lam Research's environmental score

Environmental score: 1.19/100

Lam Research's environmental score of 1.19 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Lam Research is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Lam Research's social score

Social score: 4.84/100

Lam Research's social score of 4.84 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Lam Research is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Lam Research's governance score

Governance score: 5.44/100

Lam Research's governance score puts it squarely in the 1st percentile of companies rated in the same sector. That could suggest that Lam Research is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Environmental, social, and governance (ESG) summary

Lam Research Corp was last rated for ESG on: 2019-01-01.

Total ESG score 14.47
Total ESG percentile 11.54
Environmental score 1.19
Environmental score percentile 1
Social score 4.84
Social score percentile 1
Governance score 5.44
Governance score percentile 1

Lam Research share dividends

19%

Dividend payout ratio: 18.53% of net profits

Recently Lam Research has paid out, on average, around 18.53% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.41% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Lam Research shareholders could enjoy a 1.41% return on their shares, in the form of dividend payments. In Lam Research's case, that would currently equate to about $5.8 per share.

While Lam Research's payout ratio might seem low, this can signify that Lam Research is investing more in its future growth.

Lam Research's most recent dividend payout was on 6 July 2022. The latest dividend was paid out to all shareholders who bought their shares by 14 June 2022 (the "ex-dividend date").

Have Lam Research's shares ever split?

Lam Research's shares were split on a 3:1 basis on 17 March 2000. So if you had owned 1 share the day before the split, the next day you would own 3 shares. This wouldn't directly have changed the overall worth of your Lam Research shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Lam Research shares which in turn could have impacted Lam Research's share price.

Lam Research share price volatility

Over the last 12 months, Lam Research's shares have ranged in value from as little as US$411.39 up to US$727.0609. A popular way to gauge a stock's volatility is its "beta".

LRCX.US volatility(beta: 1.27)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Lam Research's is 1.2691. This would suggest that Lam Research's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).

Lam Research overview

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. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.

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