Lam Research Corporation (NASDAQ:LRCX) runs in leading trade, it are surging 1.79% to traded at $102.15. LRCX attains analyst recommendation of 1.90 on scale of 1-5 with week’s performance of 7.99%.
To find out the technical position of LRCX, it holds price to book ratio of 2.77 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. It has forward price to earnings ratio of 13.71, and price to earnings ratio calculated as 19.58. The price to earnings growth ration calculated as 2.24. LRCX is presenting price to cash flow of 2.41 and free cash flow concluded as 16.70.
EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 41.00%, and looking further price to next year’s EPS is 5.72%. While take a short look on price to sales ratio, that was 2.79 and price to earning ration of 19.58 attracting passive investors.
Broadcom Limited (NASDAQ:AVGO) kept active in under and overvalue discussion, AVGO holds price to book ratio of 3.55 that presents much better indicator to find market price of a share price over its book value of equity for investment valuation.
Fundament/ News Factor in Focus
Taking look on ratio analysis, AVGO has forward price to earnings ratio of 13.06. The co is presenting price to cash flow as 35.41 and while calculating price to free cash flow it concluded at 57.67, the low single digit may indicate stock is undervalued and vise versa. On other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower.
The firm has price volatility of 1.68% for a week and 2.18% for a month. Its beta stands at 1.22 times. Narrow down four to firm performance, its weekly performance was 2.76% and monthly performance was 9.03%.