Skip to main content

Posts

Showing posts with the label lrcx stock analysis

LRCX STOCK WRITE UP

LRCX (LAM RESEARCH CORP) P/E: 20 GAAP DILUTED YEAR-OVER-YEAR EPS GROWTH LAST QUARTER: $2.28 SECTOR: ELECTRONIC TECHNOLOGY ASSETS-LIABILITIES: 2.4 DIVIDEND: 1.15% Lam Research Corp is a technology company focused on wafer semiconductor processing equipment. The company is trading near its 52-week high, and has increased in price 48% YTD. It will look to build on exponential EPS growth and high expectations in the next quarter. In the last quarter, revenue increased by approximately 64% on a year-over-year basis, and 14% from the prior quarter. Gross margin decreased slightly on increased R&D and administrative costs. Assets and available cash decreased in Q1 along with liabilities, while investments increased, and the ratio of assets-liabilities also increased. EPS beat wall street expectations in the last quarter, and the company set guidance below wall street expectations for the upcoming quarter reporting in late July 2017. Founded in Californ...