203.00 -2.08 (-1.01%)
After hours: 5:22PM EDT
|Bid||202.02 x 800|
|Ask||204.01 x 800|
|Day's Range||202.50 - 209.44|
|52 Week Range||122.64 - 209.92|
|Beta (3Y Monthly)||1.41|
|PE Ratio (TTM)||12.06|
|Forward Dividend & Yield||4.40 (2.50%)|
|1y Target Est||N/A|
As of March 31, 2019, the ("NAV") of the Parnassus Endeavor Fund -- Investor Shares was $34.19, so the total return for the quarter was 18.43%. This compares to 13.65% for the S&P 500 Index ("S&P 500") and 13.14% for the Lipper Multi-Cap Core Funds Average, which represents the average return of the multi-cap core funds followed by Lipper ("Lipper average"). For the quarter, the Fund earned more than five percentage points more than the Lipper average and almost five percentage points more than the S&P 500.
U.S. stocks were pulled lower on Thursday by downbeat earnings from industrial companies, including 3M, although strong results from marquee names Facebook and Microsoft kept the tech-heavy Nasdaq afloat. 3M Co shares tumbled 11.3% after the Post-It notes maker reported a lower-than-expected quarterly profit, cut its 2019 earnings forecast and said it would lay off 2,000 workers globally.
The bears have been growling about slowing economic growth for a while and 3M, which sells a broad array of industrial and consumer goods, is giving them what they wanted. Gold has been a laggard for a while but seems to be finding some support recently.
XLNX and LRCX Move in Opposite Directions after Earnings(Continued from Prior Part)Xilinx’s earnings highlights On April 24, Xilinx (XLNX) and Lam Research (LRCX) announced their fiscal earnings for the quarter, which ended in March 2019. For ease
The "agony of defeat." We don't remember anything else from the show's intro, do we? The crowd gave their triumphant player a standing ovation. Ever have a fairly large crowd give someone a standing ovation for absolutely crushing you?
XLNX and LRCX Move in Opposite Directions after EarningsXilinx stock fell after hoursOn April 24, several semiconductor stocks made new 52-week highs. Among them was Xilinx (XLNX), which made a new all-time high of $141.6 ahead of its fiscal 2019
Dow Jones futures: Facebook, ServiceNow, Microsoft and Lam Research are big earnings winners, but 3M and Xilinx tumbled. Tesla and Chipotle were up and down.
Dow and S&P futures were pressured by a steep fall in industrial company 3M's shares on Thursday, while upbeat results from high-flying companies Facebook and Microsoft supported Nasdaq futures. Investors are assessing earnings reports from some of the biggest U.S. companies this week to see if the strong run-up in market since the start of the year is justified as the main Wall Street indexes hover below all-time highs. The S&P 500 is trading roughly 0.5% below its intraday record hit in late September, while the Nasdaq hit an intra-day record high on Wednesday but failed to close at those levels.
Semiconductor-equipment maker Lam Research late Wednesday beat Wall Street's targets for it fiscal third quarter. The Lam Research earnings report sent its stock higher in extended trading.
surged in after-hours trading Monday evening as the maker of chip equipment maker blew past analyst expectations on earnings and edged past on revenue. Lam's stock price shot up more than 10% to $206 after the company reported quarterly earnings of $3.70 per share, considerably higher than the $3.38 estimate of analysts surveyed by Zacks Investment Research. Lam is also predicting higher than anticipated earnings of $3.20 to $3.60 a share for the current quarter ending in June, compared to Zacks $3.28 a share estimate.
Lam Research (LRCX) delivered earnings and revenue surprises of 9.47% and 1.51%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Fremont, California-based company said it had profit of $3.47. Earnings, adjusted for one-time gains and costs, came to $3.70 per share. The results beat Wall Street expectations. ...
Shares of Lam Research Corp. were up nearly 5% in after-hours trading Wednesday after the company posted a big earnings beat for its March quarter. The company posted net income of $547 million, or $3.47 a share, down from $779 million, or $4.33 a share, a year earlier. Adjusted earnings per share fell to $3.70 from $4.79 but came in ahead of the FactSet consensus, which called for $3.38. Revenue fell to $2.44 billion from $2.89 billion a year ago and came in a bit above the consensus estimate of $2.4 billion. For the June quarter, Lam expects revenue of $2.215 billion to $2.485 billion and adjusted earnings per share of $3.20 to $3.60. Analysts had been modeling revenue of $2.31 billion and EPS of $3.38. Shares of peers Applied Materials Inc. and KLA-Tencor Corp. were up 2.7% and 1.5%, respectively, in the aftermarket. Lam's results came as the PHLX Semiconductor Index closed at a sixth-straight record high. Lam shares have gained 44% so far this year, as the S&P 500 has risen 17%.
Investing.com - Lam Research (NASDAQ:LRCX) reported third quarter earnings that Beat analysts' expectations on Wednesday and revenue that topped forecasts.
Feeling overwhelmed by the earnings avalanche? Jeff Marks, Senior Analyst for Action Alerts Plus, zeros in on three earnings that Jim Cramer's members-only investing club is keeping its eye on this week....
Shares of Lam Research Corp. are up 0.8% in premarket trading Monday after B. Riley analyst Craig Ellis upgraded the stock to buy from neutral and raised his target price to $235 from $170. He expects an in-line quarter from Lam, which reports earnings on April 24, but sees favorable big-picture trends going forward. "We missed a powerful YTD move despite a positive sector stance but see four items suggesting significant gains lie ahead as fundamentals improve and as EPS estimates respond," he wrote. One upbeat sign is that Taiwan Semiconductor Manufacturing Co. Ltd. said last week that the first quarter looked to be the bottom. Ellis also sees a "strong NAND CY20 wafer-start rebound" after a drop last year. The stock has gained 39% over the past three months, as the S&P 500 has risen 10%.
Lam Research's (LRCX) fiscal third-quarter results are likely to benefit from strength in non-memory markets. However, memory weakness, PC volatility and increasing competition remain concerns.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. By way of learning-by-doing, w...
Lam Research (LRCX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.