Lam Research Corp (NASDAQ: LRCX) has reported earnings for its second fiscal quarter (ending December 31) of $0.93 versus $7.25 for the same period a year ago — a decline of -87%. For the latest four quarters through December 31, E.P.S. were $3.30 versus $25.96 for the same period a year ago — a decline of -87%.
Recent Price Action
Lam Research Corp (NASDAQ: LRCX) stock closed at $75.15 on 1/29/25 after a modest gain of 0.9%. Moreover, above average trading volume at 123% of normal accompanied the advance. The stock has declined -7.8% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
LAM Research has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. LAM Research has a good Appreciation Score of 83 but a poor Power Rating of 18, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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