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.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Lamb Weston in a report on Thursday, December 12th. They issued a “hold” rating and a $81.00 price target for the company. Bank of America lifted their target price on Lamb Weston from $68.00 to $80.00 and gave the stock a “neutral” rating in a research report on Monday, October 21st. Citigroup cut Lamb Weston from a “buy” rating to a “neutral” rating and cut their price target for the company from $90.00 to $68.00 in a report on Friday. JPMorgan Chase & Co. lifted their price objective on Lamb Weston from $68.00 to $78.00 and gave the stock a “neutral” rating in a report on Monday. Finally, TD Cowen upped their target price on Lamb Weston from $61.00 to $65.00 and gave the company a “hold” rating in a research note on Tuesday, September 24th. 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 company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $82.42.

Lamb Weston Stock Performance

Lamb Weston stock opened at $62.50 on Friday. The firm has a market capitalization of $8.91 billion, a P/E ratio of 14.67, a P/E/G ratio of 1.34 and a beta of 0.70. The stock has a fifty day moving average price of $76.94 and a two-hundred day moving average price of $72.75. Lamb Weston has a 52-week low of $52.99 and a 52-week high of $111.88. The company has a debt-to-equity ratio of 1.87, a current ratio of 1.19 and a quick ratio of 0.54.

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

Lamb Weston Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 1st were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date of this dividend was Friday, November 1st. Lamb Weston’s dividend payout ratio (DPR) is currently 33.80%.

About Lamb Weston

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.