EPS for Lam Research (LRCX) Expected At $3.02; Caesars Entertainment (CZR) Has 1.38 Sentiment

July 17, 2017 - By Richard Conner

Caesars Entertainment Corporation is a holding company. The company has market cap of $1.86 billion. The Firm provides casino-entertainment and hospitality services. It currently has negative earnings. The Company’s divisions include Caesars Entertainment Resort Properties, LLC , Caesars Growth Partners, LLC (CGP) and Other.

Analysts expect Lam Research Corporation (NASDAQ:LRCX) to report $3.02 EPS on July, 26 after the close.They anticipate $1.22 EPS change or 67.78% from last quarter’s $1.8 EPS. LRCX’s profit would be $494.57M giving it 13.02 P/E if the $3.02 EPS is correct. After having $2.80 EPS previously, Lam Research Corporation’s analysts see 7.86% EPS growth. The stock increased 1.52% or $2.36 on July 14, reaching $157.3. About shares traded. Lam Research Corporation (NASDAQ:LRCX) has risen 107.86% since July 17, 2016 and is uptrending. It has outperformed by 91.16% the S&P500.

Investors sentiment decreased to 0.98 in Q4 2016. Its down 0.20, from 1.18 in 2016Q3. It dived, as 39 investors sold Lam Research Corporation shares while 225 reduced holdings. 80 funds opened positions while 178 raised stakes. 159.58 million shares or 7.34% less from 172.22 million shares in 2016Q3 were reported. Kcg Holding Inc holds 0.04% or 15,397 shares in its portfolio. Principal Grp Inc has 0.06% invested in Lam Research Corporation (NASDAQ:LRCX). Great West Life Assurance Comm Can owns 169,353 shares for 0.05% of their portfolio. Moreover, Livforsakringsbolaget Skandia Omsesidigt has 0.09% invested in Lam Research Corporation (NASDAQ:LRCX). Washington Financial Bank has invested 0.02% in Lam Research Corporation (NASDAQ:LRCX). State Of New Jersey Common Pension Fund D owns 255,000 shares. Huntington Commercial Bank reported 614 shares. Moreover, Lba Wealth Mngmt Limited Com has 0.08% invested in Lam Research Corporation (NASDAQ:LRCX). Vanguard Grp holds 0.09% or 15.28M shares. Lmr Prns Llp reported 8,589 shares. Bb&T Secs Ltd Liability Co, Virginia-based fund reported 5,223 shares. Exxonmobil Mgmt Inc Tx reported 37,690 shares. Hanson Mcclain invested in 0% or 40 shares. Aviva Public Limited reported 106,021 shares or 0.07% of all its holdings. Maverick Ltd invested in 2.48% or 1.80M shares.

Lam Research Corporation is a supplier of wafer fabrication equipment and services to the semiconductor industry. The company has market cap of $25.76 billion. The Firm designs, makes, markets, refurbishes and services semiconductor processing systems that are used in the fabrication of integrated circuits . It has a 20.06 P/E ratio. It operates through manufacturing and servicing of wafer processing semiconductor manufacturing equipment segment.

Since January 31, 2017, it had 0 insider buys, and 20 sales for $38.00 million activity. $150,935 worth of Lam Research Corporation (NASDAQ:LRCX) shares were sold by LORD PATRICK J. On Monday, March 13 the insider Anstice Martin B sold $5.80 million. Another trade for 3,741 shares valued at $429,841 was made by Bettinger Douglas R on Friday, February 17. 20,000 shares valued at $2.31M were sold by ARCHER TIMOTHY on Tuesday, February 14. $759,976 worth of Lam Research Corporation (NASDAQ:LRCX) shares were sold by O’Dowd Sarah A. Another trade for 20,047 shares valued at $3.01 million was sold by NEWBERRY STEPHEN G. Gottscho Richard A also sold $9.96 million worth of Lam Research Corporation (NASDAQ:LRCX) on Thursday, March 16.

Among 15 analysts covering Lam Research Corporation (NASDAQ:LRCX), 13 have Buy rating, 0 Sell and 2 Hold. Therefore 87% are positive. Lam Research Corporation had 41 analyst reports since September 17, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Tuesday, October 25 by Goldman Sachs. Morgan Stanley maintained the stock with “Buy” rating in Friday, July 7 report. The stock of Lam Research Corporation (NASDAQ:LRCX) has “Buy” rating given on Friday, September 25 by Credit Agricole. The company was downgraded on Wednesday, October 12 by Pacific Crest. The stock of Lam Research Corporation (NASDAQ:LRCX) earned “Buy” rating by Stifel Nicolaus on Thursday, October 20. The rating was maintained by RBC Capital Markets on Friday, January 13 with “Outperform”. The rating was maintained by Citigroup on Friday, August 12 with “Buy”. The stock of Lam Research Corporation (NASDAQ:LRCX) earned “Overweight” rating by Pacific Crest on Thursday, March 16. The stock has “Buy” rating by RBC Capital Markets on Monday, June 5. Needham maintained it with “Buy” rating and $17500 target in Friday, June 16 report.

Stepstone Group Lp holds 17.16% of its portfolio in Caesars Entertainment Corp for 1.67 million shares. Apollo Management Holdings L.P. owns 26.50 million shares or 6.02% of their US portfolio. Moreover, Starwood Capital Group Management L.L.C. has 5.8% invested in the company for 2.42 million shares. The New York-based Morgens Waterfall Vintiadis & Co Inc has invested 2.36% in the stock. Partners Group Holding Ag, a Switzerland-based fund reported 1.37 million shares.

Analysts await Caesars Entertainment Corp (NASDAQ:CZR) to report earnings on August, 1. They expect $0.23 earnings per share, up 101.61% or $14.48 from last year’s $-14.25 per share. CZR’s profit will be $34.22 million for 13.59 P/E if the $0.23 EPS becomes a reality. After $-3.71 actual earnings per share reported by Caesars Entertainment Corp for the previous quarter, Wall Street now forecasts -106.20% EPS growth.

It closed at $12.5 lastly. It is down 62.44% since July 17, 2016 and is uptrending. It has outperformed by 45.74% the S&P500.

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