Lamb Weston (NYSE:LW) Updates FY25 Earnings Guidance

Lamb Weston (NYSE:LW) updated its FY25 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $3.05-3.20 for the period, compared to the consensus estimate of $3.09. The company issued revenue guidance of $6.35-6.45 billion, compared to the consensus revenue estimate of $6.35 billion.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $57.00 target price on shares of Lamb Weston in a report on Wednesday, March 19th. Jefferies Financial Group upped their target price on shares of Lamb Weston from $80.00 to $95.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. Stifel Nicolaus reduced their price target on Lamb Weston from $80.00 to $68.00 and set a “hold” rating for the company in a report on Friday, December 20th. Wells Fargo & Company dropped their price objective on Lamb Weston from $72.00 to $66.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, StockNews.com raised Lamb Weston to a “sell” rating in a report on Monday, February 24th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Lamb Weston currently has an average rating of “Hold” and a consensus target price of $73.55.

Lamb Weston Trading Up 1.6 %

Shares of LW stock opened at $54.17 on Thursday. The stock has a market cap of $7.73 billion, a P/E ratio of 21.41, a price-to-earnings-growth ratio of 1.40 and a beta of 0.76. Lamb Weston has a 1 year low of $47.90 and a 1 year high of $103.49. The company has a current ratio of 1.35, a quick ratio of 0.53 and a debt-to-equity ratio of 2.26. The stock has a 50 day simple moving average of $55.27 and a 200 day simple moving average of $65.65.

Lamb Weston (NYSE:LW) last posted its quarterly earnings results on Thursday, April 3rd. The specialty retailer reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.22. The business had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. Lamb Weston had a return on equity of 27.82% and a net margin of 5.80%. Lamb Weston’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.20 earnings per share. On average, research analysts predict that Lamb Weston will post 3.1 earnings per share for the current fiscal year.

Lamb Weston Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 2nd will be given a dividend of $0.37 per share. The ex-dividend date is Friday, May 2nd. This represents a $1.48 annualized dividend and a dividend yield of 2.73%. Lamb Weston’s dividend payout ratio is 58.50%.

Insider Buying and Selling at Lamb Weston

In related news, Director Robert A. Niblock purchased 3,000 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The shares were bought at an average cost of $60.94 per share, with a total value of $182,820.00. Following the acquisition, the director now owns 26,406 shares of the company’s stock, valued at $1,609,181.64. This trade represents a 12.82 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.72% of the company’s stock.

Lamb Weston Company Profile

Lamb Weston Holdings, Inc produces, distributes, and markets frozen potato products worldwide. The company operates through four segments: Global, Foodservice, Retail, and Other. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels.