Lamb Weston (NYSE:LW) Updates FY25 Earnings Guidance

Lamb Weston (NYSE:LW) issued an update on its FY25 earnings guidance on Thursday morning. The company provided EPS guidance of $3.05-3.20 for the period, compared to the consensus EPS estimate of $4.21. The company issued revenue guidance of $6.35-6.45 billion, compared to the consensus revenue estimate of $6.66 billion. Lamb Weston also updated its FY 2025 guidance to 3.050-3.200 EPS.

Lamb Weston Price Performance

Shares of LW stock opened at $62.09 on Friday. The business’s fifty day moving average is $76.76 and its 200 day moving average is $72.58. The company has a quick ratio of 0.54, a current ratio of 1.19 and a debt-to-equity ratio of 1.87. The stock has a market cap of $8.85 billion, a price-to-earnings ratio of 14.58, a PEG ratio of 1.34 and a beta of 0.70. Lamb Weston has a twelve month low of $52.99 and a twelve month high of $111.88.

Lamb Weston (NYSE:LW) last released its earnings results on Thursday, December 19th. The specialty retailer reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.35). Lamb Weston had a return on equity of 34.33% and a net margin of 9.57%. The business had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.67 billion. During the same period in the prior year, the company earned $1.45 earnings per share. The firm’s quarterly revenue was down 7.5% compared to the same quarter last year. Research analysts expect that Lamb Weston will post 4.26 EPS for the current fiscal year.

Lamb Weston Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, January 31st will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date of this dividend is Friday, January 31st. This is a positive change from Lamb Weston’s previous quarterly dividend of $0.36. Lamb Weston’s dividend payout ratio (DPR) is 56.92%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on LW shares. JPMorgan Chase & Co. raised their price target on Lamb Weston from $68.00 to $78.00 and gave the company a “neutral” rating in a report on Monday, December 16th. Sanford C. Bernstein began coverage on shares of Lamb Weston in a research note on Tuesday, December 3rd. They issued a “market perform” rating and a $85.00 target price on the stock. Wells Fargo & Company upped their price objective on Lamb Weston from $70.00 to $77.00 and gave the company an “overweight” rating in a research report on Thursday, October 3rd. Stifel Nicolaus reduced their target price on Lamb Weston from $80.00 to $68.00 and set a “hold” rating for the company in a report on Friday. Finally, Citigroup downgraded Lamb Weston from a “buy” rating to a “neutral” rating and lowered their price target for the company from $90.00 to $68.00 in a report on Friday. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. According to MarketBeat, Lamb Weston presently has a consensus rating of “Hold” and a consensus target price of $81.42.

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.