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Lam Research Corporation (LRCX)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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327.17+10.15 (+3.20%)
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  • Benzinga

    A Look Into Lam Research's Price Over Earnings

    Right now, Lam Research Inc. (NASDAQ: LRCX) share price is at $327.51, after a 3.31% gain. Moreover, over the past month, the stock fell by 4.08%, but in the past year, spiked by 42.35%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is performing up to par in the current session.Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently below from its 52 week high by 15.52%.The P/E ratio measures the current share price to the company's earnings per share. It is used by long-term investors to analyze the company's current performance against its past earnings, historical data and aggregate market data for the industry or the indices, such as S&P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also shows that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future.View more earnings on LRCXMost often, an industry will prevail in a particular phase of a business cycle, than other industries.Lam Research Inc. has a lower P/E than the aggregate P/E of 29.95 of the Semiconductors & Semiconductor Equipment industry. Ideally, one might believe that they might perform worse than its peers, but it's also probable that the stock is undervalued.P/E ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors may not be able to attain key insights from trailing earnings.See more from Benzinga * Benzinga's Top Upgrades, Downgrades For September 21, 2020 * Return On Capital Employed Overview: Lam Research * Stocks That Hit 52-Week Highs On Monday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Lam Research Introduces Advanced Dielectric Gapfill Technology to Enable Next-Generation Devices
    PR Newswire

    Lam Research Introduces Advanced Dielectric Gapfill Technology to Enable Next-Generation Devices

    Lam Research Corp. (Nasdaq: LRCX) today announced the advanced Striker® FE platform, a new processing solution for manufacturing high-aspect-ratio chip architectures. Striker FE utilizes an innovative, first of its kind ICEFill™ technology for filling extreme structures in 3D NAND, DRAM, and logic devices at emerging nodes. This system delivers the continued cost and technology scaling that is required to meet the semiconductor industry roadmap.