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How to buy Lam Research shares
Own Lam Research shares in just a few minutes.
Lam Research Corporation is a semiconductor equipment & materials business based in the US. Lam Research shares (LRCX.US) are listed on the NASDAQ and all prices are listed in US Dollars. Lam Research employs 11,700 staff and has a trailing 12-month revenue of around $11.1 billion.
How to buy shares in Lam Research
- Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: LRCX in this case.
- Research Lam Research shares. The platform should provide the latest information available.
- Buy your Lam Research shares. It's that simple.
What's in this guide?
- Can I buy shares in Lam Research?
- Lam Research shares summary
- Compare share dealing platforms
- Is Lam Research stock a buy or sell?
- Can I short Lam Research shares?
- Is Lam Research suitable for ethical investing?
- Are Lam Research shares over-valued?
- Lam Research's financials
- How volatile are Lam Research shares?
- Does Lam Research pay a dividend?
- Have Lam Research shares ever split?
- Other common questions
Lam Research share price
Use our graph to track the performance of LRCX stocks over time.Lam Research shares at a glance
Information last updated 2021-01-24.
| Latest market close | $N/A |
|---|---|
| 52-week range | $178.4354 - $585.42 |
| 50-day moving average | $506.3244 |
| 200-day moving average | $399.351 |
| Wall St. target price | $492.17 |
| PE ratio | 32.0388 |
| Dividend yield | $5.2 (0.92%) |
| Earnings per share (TTM) | $17.599 |
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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
Is it a good time to buy Lam Research 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.
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 32x. In other words, Lam Research shares trade at around 32x 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'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 1.7109. 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 a whopping $3.4 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 | $11.1 billion |
|---|---|
| Operating margin TTM | 28.02% |
| Gross profit TTM | $4.6 billion |
| Return on assets TTM | 14.13% |
| Return on equity TTM | 50.4% |
| Profit margin | 23.6% |
| Book value | $37.479 |
| Market capitalisation | $81.2 billion |
TTM: trailing 12 months
How to short and sell Lam Research shares
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "LRCX.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 2.7 million Lam Research shares held short by investors – that's known as Lam Research's "short interest". This figure is 18.8% down from 3.3 million last month.
There are a few different ways that this level of interest in shorting Lam Research shares can be evaluated.
Lam Research's "short interest ratio" (SIR)
Lam Research's "short interest ratio" (SIR) is the quantity of Lam Research shares currently shorted divided by the average quantity of Lam Research shares traded daily (recently around 1.4 million). Lam Research's SIR currently stands at 1.99. In other words for every 100,000 Lam Research shares traded daily on the market, roughly 1990 shares are currently held short.
However Lam Research's short interest can also be evaluated against the total number of Lam Research shares, or, against the total number of tradable Lam Research shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Lam Research's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Lam Research shares in existence, roughly 20 shares are currently held short) or 0.0189% of the tradable shares (for every 100,000 tradable Lam Research shares, roughly 19 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.
Find out more about how you can short Lam Research stock.
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 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 share dividends
Dividend payout ratio: 26.57% of net profits
Recently Lam Research has paid out, on average, around 26.57% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.92% 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 0.92% return on their shares, in the form of dividend payments. In Lam Research's case, that would currently equate to about $5.2 per share.
While Lam Research's payout ratio might seem fairly standard, it's worth remembering that Lam Research may be investing much of the rest of its net profits in future growth.
Lam Research's most recent dividend payout was on 6 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 8 December 2020 (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 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 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 $178.4354 up to $585.42. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Lam Research's is 1.3414. 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).
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Lam Research 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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