Lamb Weston (NYSE:LW) Issues FY25 Earnings Guidance

Lamb Weston (NYSE:LW - Get Free Report) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $3.05-3.20 for the period, compared to the consensus 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 Stock Performance

Shares of NYSE LW traded down $15.72 during mid-day trading on Thursday, hitting $62.50. The company had a trading volume of 12,297,362 shares, compared to its average volume of 2,518,215. The stock has a market cap of $8.91 billion, a price-to-earnings ratio of 14.67, a PEG ratio of 1.34 and a beta of 0.70. The firm's 50 day simple moving average is $77.11 and its two-hundred day simple moving average is $72.83. 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 has a 12 month low of $52.99 and a 12 month high of $111.88.

Lamb Weston (NYSE:LW - Get Free Report) last released its quarterly 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 net margin of 9.57% and a return on equity of 34.33%. The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same period last year, the firm posted $1.45 EPS. The business's quarterly revenue was down 7.5% on a year-over-year basis. As a group, equities research analysts forecast that Lamb Weston will post 4.26 earnings per share for the current year.

Lamb Weston Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 1st were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date of this dividend was Friday, November 1st. Lamb Weston's payout ratio is 33.80%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. JPMorgan Chase & Co. boosted their target price on shares of Lamb Weston from $68.00 to $78.00 and gave the company a "neutral" rating in a research note on Monday. Deutsche Bank Aktiengesellschaft began coverage on Lamb Weston in a report on Thursday, December 12th. They issued a "hold" rating and a $81.00 target price on the stock. Sanford C. Bernstein initiated coverage on shares of Lamb Weston in a research report on Tuesday, December 3rd. They set a "market perform" rating and a $85.00 price objective on the stock. Wells Fargo & Company increased their price objective on Lamb Weston from $70.00 to $77.00 and gave the stock an "overweight" rating in a report on Thursday, October 3rd. Finally, Stifel Nicolaus raised their price objective on shares of Lamb Weston from $65.00 to $80.00 and gave the company a "hold" rating in a research report on Friday, October 25th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $84.25.

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.