Economy

Lam Research Corporation (NASDAQ:LRCX) Updated Broker Ratings

The fund bought 2,200 shares of the semiconductor company's stock, valued at approximately $311,000. At the close of regular trading, its last week's stock price volatility was 2.39% which for the month reaches 2.04%. Northwestern Mutual Wealth Mngmt Com invested 0% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). It has outperformed by 91.16% the S&P500.

Analysts expect Lam Research Corporation (NASDAQ:LRCX) to report $3.26 EPS on October, 18.They anticipate $1.45 EPS change or 80.11 % from last quarter's $1.81 EPS. Lam Research Corporation (NASDAQ:LRCX) has risen 107.86% since October 8, 2016 and is uptrending. It has outperformed by 33.20% the S&P500. Therefore 0 are positive. The share price has already crossed its 20 days moving average, floating at a distance of 3.57% and sits 15.2% higher versus its 50 days moving average. The firm has "Buy" rating by RBC Capital Markets given on Monday, August 21. The stock is a Buy among 17 brokerage firms polled by Factset Research. Needham has "Buy" rating and $78 target.

GATX Corporation is a global railcar lessor, owning fleets in North America, Europe, and Asia. The company has market cap of $30.03 billion. In addition, the Company operates fleet of the United States-flagged vessels on the Great Lakes and jointly with Rolls-Royce plc, it owns aircraft spare engine lease portfolios in the world.

Currently, the stock carries a price to earnings ratio of 20.07, a price to book ratio of 4.4, and a price to sales ratio of 3.79.

Investors sentiment decreased to 0.98 in 2017 Q2. Its down 0.34, from 1.11 in 2017Q1. It dropped, as 43 investors sold Lam Research Corporation shares while 255 reduced holdings. The semiconductor company reported $3.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.02 by $0.09. 0 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data.

Perkins Coie stated it has 433 shares. Neuberger Berman Grp Ltd Liability Company reported 181,864 shares or 0.03% of all its holdings. Regions Financial owns 16,287 shares.

Bogle Investment Management Lp increased Newlink Genetics Corp Com (NLNK) stake by 2523.13% reported in 2017Q2 SEC filing. Delphi Management Incorporated Ma holds 1.43% of its portfolio in Lam Research Corporation (NASDAQ:LRCX) for 18,251 shares. Koshinski Asset Mngmt has invested 0% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). Alphamark Advsrs Ltd stated it has 100 shares or 0.01% of all its holdings.

Lam Research Corporation (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, July 26th. Gsa Cap Llp reported 0.42% stake. Nelson Roberts Advisors Lc invested in 0.02% or 698 shares.

Bogle Investment Management Lp decreased Anthem Inc (NYSE:ANTM) stake by 53,590 shares to 19,822 valued at $3.73 million in 2017Q2.

Ccm Investment Advisers Llc increased Berkshire Hathaway Inc. It also upped Medtronic Plc (NYSE:MDT) stake by 5,400 shares and now owns 116,319 shares. Waddell Reed Fin Inc has invested 0.57% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $200.00 target price on shares of Lam Research Corporation in a research note on Friday, September 1st. The rating was maintained by RBC Capital Markets on Thursday, July 27 with "Buy". The firm has "Buy" rating by Guggenheim given on Tuesday, October 13. RBC Capital Markets downgraded the shares of LRCX in report on Monday, October 5 to "Underperform" rating. The rating was maintained by Benchmark with "Buy" on Wednesday, July 29. They set a "buy" rating and a $196.00 price target for the company. As per Thursday, January 26, the company rating was maintained by Cowen & Co.

Lam Research Corporation is a supplier of wafer fabrication equipment and services to the semiconductor industry. The rating was maintained by Citigroup with "Buy" on Friday, August 12. As per Friday, September 8, the company rating was upgraded by Jefferies. The volume of 0.17 Million shares climbed down over an trading activity of 571.38 Million shares. Also, Director Stephen G. Newberry sold 750 shares of Lam Research Corporation stock in a transaction on Wednesday, July 12th. On Monday, June 12 ARCHER TIMOTHY sold $1.39 million worth of Lam Research Corporation (NASDAQ:LRCX) or 8,942 shares. $430,320 worth of stock was sold by LORD PATRICK J on Tuesday, June 13. Lam Research Corporation has a 12 month low of $93.69 and a 12 month high of $187.57. During the same period previous year, the firm posted $1.80 earnings per share. LRCX's profit will be $529.66 million for 14.17 P/E if the $3.26 EPS becomes a reality.

Argus began new coverage on Lam Research Corporation giving the company a "buy" rating.

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