Lamb Weston (NYSE:LW – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 3.050-3.200 for the period, compared to the consensus EPS estimate of 3.080. The company issued revenue guidance of $6.4 billion-$6.5 billion, compared to the consensus revenue estimate of $6.3 billion. Lamb Weston also updated its FY25 guidance to $3.05-3.20 EPS.
Lamb Weston Stock Performance
Shares of NYSE LW traded up $3.86 during mid-day trading on Thursday, hitting $58.01. The company had a trading volume of 4,020,440 shares, compared to its average volume of 2,819,215. Lamb Weston has a 12 month low of $47.90 and a 12 month high of $103.49. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.35 and a quick ratio of 0.53. The firm’s 50 day simple moving average is $55.27 and its two-hundred day simple moving average is $65.65. The stock has a market cap of $8.27 billion, a price-to-earnings ratio of 22.93, a PEG ratio of 1.40 and a beta of 0.76.
Lamb Weston (NYSE:LW – Get Free Report) last issued its quarterly earnings data on Thursday, April 3rd. The specialty retailer reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.22. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. Lamb Weston had a return on equity of 27.82% and a net margin of 5.80%. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.20 EPS. As a group, equities research analysts forecast that Lamb Weston will post 3.1 earnings per share for the current year.
Lamb Weston Announces Dividend
Wall Street Analysts Forecast Growth
LW has been the subject of a number of research reports. Stifel Nicolaus decreased their price objective on Lamb Weston from $80.00 to $68.00 and set a “hold” rating for the company in a research report on Friday, December 20th. Wells Fargo & Company dropped their price target on shares of Lamb Weston from $72.00 to $66.00 and set an “overweight” rating on the stock in a research note on Wednesday. Jefferies Financial Group raised their price objective on Lamb Weston from $80.00 to $95.00 and gave the company a “buy” rating in a research note on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $57.00 price objective on shares of Lamb Weston in a report on Wednesday, March 19th. Finally, JPMorgan Chase & Co. raised their target price on Lamb Weston from $68.00 to $78.00 and gave the company a “neutral” rating in a report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $73.55.
Get Our Latest Stock Analysis on Lamb Weston
Insider Buying and Selling at Lamb Weston
In other Lamb Weston news, Director Robert A. Niblock purchased 3,000 shares of the stock in a transaction on Monday, January 13th. The shares were purchased at an average price of $60.94 per share, with a total value of $182,820.00. Following the completion of the transaction, the director now directly owns 26,406 shares in the company, valued at $1,609,181.64. This represents a 12.82 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.72% of the company’s stock.
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.
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