Sell-side analysts are expecting EPS growth of 6.84% for Lam Research Corporation (NASDAQ:LRCX) for the year. Analysts are expecting an EPS change of 77.00% for the current year.
Wall Street analysts polled by Thomson Reuters have a current recommendation of 2.00 on a consensus basis for the stock. The same analysts see shares reaching $191.44 within the next year on a consensus basis.Let’s take a look at how the stock has been performing recently. Over the past twelve months, Lam Research Corporation (NASDAQ:LRCX)’s stock was 49.87%. Over the last week of the month, it was 6.04%, 5.77% over the last quarter, and 38.31% for the past six months.
Over the past 50 days, Lam Research Corporation stock’s -5.38% off of the high and 15.52% removed from the low. Their 52-Week High and Low are noted here. -5.38% (High), 79.12%, (Low).
Price-to-Earnings Ratio is the current share price divided by annual earnings per share. P/E provides a number that details how many years of earnings it will take a stock to recoup the value of one share at current price levels. Easy to calculate and understand, P/E is an extremely common ratio that is used to compare valuations of stocks against each other relatively. Lam Research Corporation’s P/E ratio is 17.21.
Projected Earnings Growth (PEG) is a forward looking ratio based on anticipated earnings growth. PEG is created by dividing P/E by the projected rate of earnings growth. Lam Research Corporation’s PEG is 0.82.
Lam Research Corporation (NASDAQ:LRCX)’s RSI (Relative Strength Index) is 54.94. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.