Lamb Weston (NYSE:LW) Issues FY25 Earnings Guidance

by · The Markets Daily

Lamb Weston (NYSE:LW – Get Free Report) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided EPS guidance of $4.15-4.35 for the period, compared to the consensus EPS estimate of $4.49. The company issued revenue guidance of $6.6-6.8 billion, compared to the consensus revenue estimate of $6.62 billion. Lamb Weston also updated its FY 2025 guidance to 4.150-4.350 EPS.

Lamb Weston Trading Up 2.6 %

NYSE LW opened at $66.59 on Thursday. The firm’s 50-day moving average is $61.82 and its two-hundred day moving average is $77.58. Lamb Weston has a 12 month low of $52.99 and a 12 month high of $111.88. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.29 and a quick ratio of 0.59. The stock has a market capitalization of $9.61 billion, a P/E ratio of 8.89, a PEG ratio of 6.18 and a beta of 0.75.

Lamb Weston (NYSE:LW – Get Free Report) last issued its quarterly earnings data on Tuesday, October 1st. The specialty retailer reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.01. The business had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.55 billion. Lamb Weston had a return on equity of 44.06% and a net margin of 11.22%. The company’s revenue was down .7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.63 earnings per share. On average, sell-side analysts anticipate that Lamb Weston will post 4.54 earnings per share for the current year.

Lamb Weston Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 1st will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 2.16%. The ex-dividend date is Friday, November 1st. Lamb Weston’s dividend payout ratio is currently 19.23%.

Analyst Upgrades and Downgrades

LW has been the subject of several research reports. Citigroup lifted their target price on Lamb Weston from $72.00 to $75.00 and gave the company a buy rating in a research report on Monday, September 23rd. Stifel Nicolaus downgraded Lamb Weston from a buy rating to a hold rating and dropped their target price for the company from $115.00 to $60.00 in a research report on Thursday, July 25th. The Goldman Sachs Group dropped their target price on Lamb Weston from $132.00 to $78.00 and set a buy rating for the company in a research report on Thursday, July 25th. JPMorgan Chase & Co. dropped their target price on Lamb Weston from $108.00 to $63.00 and set an overweight rating for the company in a research report on Thursday, July 25th. Finally, Wells Fargo & Company dropped their target price on Lamb Weston from $98.00 to $70.00 and set an overweight rating for the company in a research report on Friday, July 26th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and a consensus target price of $80.70.

View Our Latest Stock Report on Lamb Weston

Insider Buying and Selling

In other Lamb Weston news, Director William G. Jurgensen bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, July 26th. The stock was purchased at an average price of $55.43 per share, for a total transaction of $554,300.00. Following the completion of the purchase, the director now directly owns 173,377 shares in the company, valued at $9,610,287.11. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.66% of the stock is owned by company insiders.

About Lamb Weston

(Get Free Report)

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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