Lam Research Corporation Stock Gains 2.06% on October 12, 2023

Lam Research Corporation Stock Analysis

Lam Research Corporation (NASDAQ: LRCX) is a leading semiconductor equipment manufacturer with a significant presence in the global technology and semiconductor industry. Analyzing the stock involves examining various financial and market aspects, which can provide valuable insights to investors.

Lam Research's stock price as of October 12, 2023, was $654.96 per share, reflecting a daily increase of $13.23 (2.06%). The company's market capitalization stood at an impressive 86.60B USD, indicating its substantial size and influence in the market. Over the past 52 weeks, the stock had a trading range between $299.59 and $726.53, showcasing its price volatility over the year.

Lam Research had a P/E ratio of 19.72, which suggests that investors are willing to pay 19.72 times the company's earnings per share for each share of the stock. Lam Research also offers a dividend yield of 1.22%, which is the annual dividend income as a percentage of the stock's current price. 

In terms of trading volume, Lam Research had an average daily trading volume of 1.04 million shares, indicating a healthy level of liquidity and interest among investors. Furthermore, Lam Research's Carbon Disclosure Project (CDP) score was "B," reflecting the company's environmental transparency and performance

• Stock Price: $654.96 per share (October 12, 2023).
• Market Capitalization: $8.66 trillion.
• 52-Week Range: $299.59 (52-week low) to $726.53 (52-week high).
• P/E Ratio: 19.72.
• Dividend Yield: 1.22%.
• Average Trading Volume: 1.04 million shares.