Lam Research(LRCX) ZACKS·2025-03-17 22:55Company Performance - Lam Research (LRCX) closed at $78.31, reflecting a -0.48% change from the previous day's closing price, underperforming the S&P 500's gain of 0.64% [1] - Over the past month, LRCX shares experienced a loss of 4.91%, outperforming the Computer and Technology sector's loss of 11.22% and the S&P 500's loss of 7.69% [1] Upcoming Earnings - Lam Research is projected to report earnings of $1 per share, indicating a year-over-year growth of 28.21%, with expected revenue of $4.65 billion, a 22.62% increase compared to the same quarter last year [2] - For the full year, analysts expect earnings of $3.73 per share and revenue of $17.72 billion, representing changes of +24.75% and +18.91% respectively from the previous year [3] Analyst Estimates - Recent changes in analyst estimates for Lam Research reflect positive near-term business trends, indicating optimism regarding the company's profitability [3] - The Zacks Consensus EPS estimate has increased by 0.94% over the last 30 days, with Lam Research currently holding a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Lam Research has a Forward P/E ratio of 21.1, which is lower than the industry's average Forward P/E of 25.33, suggesting a valuation discount [6] - The company has a PEG ratio of 1.29, compared to the industry average PEG ratio of 1.59, indicating a favorable growth outlook relative to its valuation [6] Industry Context - The Electronics - Semiconductors industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 75, placing it in the top 30% of over 250 industries [7] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [7]