How to buy Lam Research Corporation shares | LRCX historical share price and analysis

How to buy Lam Research Corporation shares

Own Lam Research Corporation shares in just a few minutes.

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Lam Research Corporation (LRCX) is a leading semiconductor equipment & materials business with stocks listed in the US. It opened the day at US$540.72 after a previous close of US$518.7. During the day the price has varied from a low of USD529.05 to a high of USD542.28. The latest price was USD539.19 (25 minute delay). Lam Research Corporation is listed on the NASDAQ. All prices are listed in US Dollars.

How to buy shares in Lam Research Corporation

  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 Corporation. 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 Corporation 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. 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 Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Lam Research Corporation. 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 Corporation share price

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

Lam Research Corporation shares at a glance

Information last updated 2021-03-11.
OpenUS$540.72
HighUS$542.28
LowUS$529.05
CloseUS$539.19
Previous closeUS$518.7
Change US$20.49
Change % 3.9503%
Volume 558,747
Information last updated 2021-04-22.
52-week rangeUS$226.7662 - US$669
50-day moving average US$586.9915
200-day moving average US$500.3012
Target priceUS$646.29
PE ratio 30.5195
Dividend yield US$4.9 (0.76%)
Earnings per share (TTM) US$20.136

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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 Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. 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 Corporation price performance over time

Historical closes compared with the last close of $539.19

1 week (2021-04-12) -17.08%
1 month (2021-03-23) -0.96%

Is Lam Research Corporation under- or over-valued?

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

Lam Research Corporation's P/E ratio

Lam Research Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 31x. In other words, Lam Research Corporation shares trade at around 31x recent earnings.

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

Lam Research Corporation's PEG ratio

Lam Research Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.3337. 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 Corporation'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 Corporation's EBITDA

Lam Research Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$3.7 billion (£2.7 billion).

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

Lam Research Corporation financials

Revenue TTM US$11.9 billion
Operating margin TTM 28.68%
Gross profit TTM US$4.6 billion
Return on assets TTM 15.67%
Return on equity TTM 59.99%
Profit margin 24.85%
Book value 38.428
Market capitalisation US$87.8 billion

TTM: trailing 12 months

Shorting Lam Research Corporation shares

There are currently 2.1 million Lam Research Corporation shares held short by investors – that's known as Lam Research Corporation's "short interest". This figure is 10.1% up from 1.9 million last month.

There are a few different ways that this level of interest in shorting Lam Research Corporation shares can be evaluated.

Lam Research Corporation's "short interest ratio" (SIR)

Lam Research Corporation's "short interest ratio" (SIR) is the quantity of Lam Research Corporation shares currently shorted divided by the average quantity of Lam Research Corporation shares traded daily (recently around 1.8 million). Lam Research Corporation's SIR currently stands at 1.22. In other words for every 100,000 Lam Research Corporation shares traded daily on the market, roughly 1220 shares are currently held short.

However Lam Research Corporation's short interest can also be evaluated against the total number of Lam Research Corporation shares, or, against the total number of tradable Lam Research Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Lam Research Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Lam Research Corporation shares in existence, roughly 20 shares are currently held short) or 0.015% of the tradable shares (for every 100,000 tradable Lam Research Corporation shares, roughly 15 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Lam Research Corporation.

Find out more about how you can short Lam Research Corporation stock.

Lam Research Corporation'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 Corporation.

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

Lam Research Corporation'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 Corporation's overall score of 14.47 (as at 12/31/2018) 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 Corporation 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 Corporation's environmental score

Environmental score: 1.19/100

Lam Research Corporation'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 Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Lam Research Corporation's social score

Social score: 4.84/100

Lam Research Corporation'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 Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Lam Research Corporation's governance score

Governance score: 5.44/100

Lam Research Corporation's governance score puts it squarely in the 1st percentile of companies rated in the same sector. That could suggest that Lam Research Corporation 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 Corporation 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 Corporation share dividends

18%

Dividend payout ratio: 18.07% of net profits

Recently Lam Research Corporation has paid out, on average, around 18.07% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.81% 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 Corporation shareholders could enjoy a 0.81% return on their shares, in the form of dividend payments. In Lam Research Corporation's case, that would currently equate to about $4.9 per share.

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

Lam Research Corporation's most recent dividend payout was on 6 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 15 March 2021 (the "ex-dividend date").

Have Lam Research Corporation's shares ever split?

Lam Research Corporation's shares were split on a 3:1 basis on 16 March 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Lam Research Corporation shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Lam Research Corporation shares which in turn could have impacted Lam Research Corporation's share price.

Lam Research Corporation share price volatility

Over the last 12 months, Lam Research Corporation's shares have ranged in value from as little as US$226.7662 up to US$669. A popular way to gauge a stock's volatility is its "beta".

LRCX.US volatility(beta: 1.31)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Lam Research Corporation's is 1.3089. This would suggest that Lam Research Corporation'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 Corporation overview

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for 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 (HDP-CVD) products; and Striker single-wafer atomic layer deposition (ALD) products that provide multiple 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 to address a range of wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. Lam Research Corporation was founded in 1980 and is headquartered in Fremont, California.

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