Professional Analysts at RBC Capital Maintain their “Buy” rating for Lam Research (LRCX). The PT Given is $225.0; KMG Chemicals (KMG) Has 1.66 Sentiment

November 15, 2017 - By Adrian Erickson

KMG Chemicals, Inc. manufactures, formulates and globally distributes specialty chemicals. The company has market cap of $781.71 million. The Firm operates businesses selling electronic chemicals, industrial wood treating chemicals, and industrial valve lubricants and sealants. It has a 27.27 P/E ratio. The Firm operates through two divisions: Electronic chemicals and Other chemicals.

Among 21 analysts covering Lam Research Corporation (NASDAQ:LRCX), 18 have Buy rating, 0 Sell and 3 Hold. Therefore 86% are positive. Lam Research Corporation has $270 highest and $52 lowest target. $183.47’s average target is -13.36% below currents $211.77 stock price. Lam Research Corporation had 64 analyst reports since September 17, 2015 according to SRatingsIntel. Needham maintained Lam Research Corporation (NASDAQ:LRCX) on Thursday, July 27 with “Buy” rating. As per Thursday, July 27, the company rating was maintained by RBC Capital Markets. Citigroup maintained the shares of LRCX in report on Wednesday, October 18 with “Neutral” rating. RBC Capital Markets maintained Lam Research Corporation (NASDAQ:LRCX) on Monday, October 2 with “Buy” rating. The firm has “Buy” rating given on Friday, September 25 by Credit Agricole. On Monday, October 5 the stock rating was downgraded by RBC Capital Markets to “Underperform”. B. Riley & Co maintained it with “Buy” rating and $98 target in Thursday, October 22 report. The firm has “Underperform” rating by RBC Capital Markets given on Thursday, October 22. Goldman Sachs reinitiated Lam Research Corporation (NASDAQ:LRCX) on Tuesday, October 25 with “Neutral” rating. RBC Capital Markets maintained Lam Research Corporation (NASDAQ:LRCX) on Monday, June 5 with “Buy” rating.

The stock increased 0.08% or $0.04 on November 14, reaching $52.44. About shares traded. KMG Chemicals, Inc. (KMG) has risen 169.63% since November 15, 2016 and is uptrending. It has outperformed by 152.93% the S&P500.

Since January 1, 0001, it had 0 buys, and 4 insider sales for $1.23 million activity.

Trigran Investments Inc. holds 9.56% of its portfolio in KMG Chemicals, Inc. for 766,999 shares. Bard Associates Inc owns 58,420 shares or 1.29% of their US portfolio. Moreover, Ironwood Investment Management Llc has 0.96% invested in the company for 27,350 shares. The California-based Globeflex Capital L P has invested 0.65% in the stock. Morgan Dempsey Capital Management Llc, a Wisconsin-based fund reported 36,570 shares.

Analysts await KMG Chemicals, Inc. (NYSE:KMG) to report earnings on December, 11. They expect $0.63 EPS, up 31.25% or $0.15 from last year’s $0.48 per share. KMG’s profit will be $9.39 million for 20.81 P/E if the $0.63 EPS becomes a reality. After $0.69 actual EPS reported by KMG Chemicals, Inc. for the previous quarter, Wall Street now forecasts -8.70% negative EPS growth.

Since May 18, 2017, it had 0 insider purchases, and 2 selling transactions for $1.82 million activity. On Monday, June 12 ARCHER TIMOTHY sold $1.39 million worth of Lam Research Corporation (NASDAQ:LRCX) or 8,942 shares. 20,047 shares were sold by NEWBERRY STEPHEN G, worth $3.01 million. Shares for $430,320 were sold by LORD PATRICK J.

Investors sentiment decreased to 0.98 in 2017 Q2. Its down 0.14, from 1.12 in 2017Q1. It worsened, as 43 investors sold Lam Research Corporation shares while 255 reduced holdings. 110 funds opened positions while 182 raised stakes. 149.22 million shares or 7.19% less from 160.77 million shares in 2017Q1 were reported. The United Kingdom-based Investec Asset Limited has invested 0.97% in Lam Research Corporation (NASDAQ:LRCX). Amp Ltd has invested 0.11% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). State Of New Jersey Common Pension Fund D holds 0.15% of its portfolio in Lam Research Corporation (NASDAQ:LRCX) for 255,000 shares. Tudor Invest Et Al has 5,546 shares. Origin Asset Mgmt Limited Liability Partnership holds 1.84% or 211,467 shares. Strs Ohio reported 7,238 shares stake. Hilltop Holding Inc has invested 0.08% in Lam Research Corporation (NASDAQ:LRCX). Westfield Mgmt L P invested in 154,911 shares or 0.19% of the stock. Crestpoint Capital Management Ltd Com holds 0.24% in Lam Research Corporation (NASDAQ:LRCX) or 3,600 shares. Nikko Asset Americas reported 1,400 shares. 468,506 are owned by Bridgeway Management. Zweig invested in 2,800 shares or 0.03% of the stock. 2,171 are owned by Caprock Gru. Mckinley Capital Llc Delaware reported 1.22% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). Ajo Lp owns 875,956 shares.

About 6,271 shares traded. Lam Research Corporation (NASDAQ:LRCX) has risen 107.86% since November 15, 2016 and is uptrending. It has outperformed by 91.16% the S&P500.

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