Lam Research Corp.
LRCX
Market Cap$115.53M
Close$
Earnings Call Q2 2024
January 24, 2024 - AI Summary
Lam Research Corporation delivered strong performance in the December 2023 quarter, with revenues, gross margin, operating margin, and EPS all above the midpoint of their guided ranges.
The company expects a modest recovery in memory spending to drive a stronger exit to the year. Their early view of WFE (wafer fabrication equipment) spending for calendar 2024 is in the mid- to high $80 billion range.
Lam Research is committed to R&D and planned spending increases in 2024 to extend their differentiation in products and services targeted at next-generation semiconductor device inflections.
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$707.13
22.1% downside
Current Fair Value
22.1% downsideOvervalued by 22.1% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $115.53 Million |
|---|---|
| Enterprise Value | $-573,247,793.00 |
| Dividend Yield | $7.6822 (0.87%) |
| Earnings per Share | $27.18 |
| Beta | 1.81 |
| Outstanding Shares | 130,741 |
| Avg 30 Day Volume | 1,099,938 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 0.03 |
|---|---|
| PEG | 0.17 |
| Price to Sales | 0.01 |
| Price to Book Ratio | 0.01 |
| Enterprise Value to Revenue | -0.04 |
| Enterprise Value to EBIT | -0.14 |
| Enterprise Value to Net Income | -1 |
| Total Debt to Enterprise | -8.69 |
| Debt to Equity | 0.62 |
Revenue Sources
No data
ESG Score
No data
About Lam Research Corp.
10,700 employees
CEO: Timothy Archer Lam Research Corporation is an American corporation that engages in the design, manufacture, marketing, and service of semiconductor processing equipment used in the fabrication of integrated circuits. Its products are used primarily in ...