Lamb Weston (NYSE:LW) Issues FY 2025 Earnings Guidance

Lamb Weston (NYSE:LW - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 3.050-3.200 for the period, compared to the consensus earnings per share estimate of 4.200. The company issued revenue guidance of $6.4 billion-$6.5 billion, compared to the consensus revenue estimate of $6.7 billion. Lamb Weston also updated its FY25 guidance to $3.05-3.20 EPS.

Lamb Weston Price Performance

Shares of LW stock traded down $15.72 on Thursday, hitting $62.50. 12,297,362 shares of the company's stock were exchanged, compared to its average volume of 2,518,215. The company has a 50 day moving average of $77.11 and a 200 day moving average of $72.83. The stock has a market cap of $8.91 billion, a P/E ratio of 14.67, a price-to-earnings-growth ratio of 1.34 and a beta of 0.70. 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 posted 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). The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.67 billion. Lamb Weston had a net margin of 9.57% and a return on equity of 34.33%. The company's revenue for the quarter was down 7.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.45 earnings per share. On average, equities research analysts predict that Lamb Weston will post 4.26 EPS for the current year.

Lamb Weston Announces Dividend

The company also recently declared 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 was Friday, November 1st. Lamb Weston's payout ratio is 33.80%.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Sanford C. Bernstein assumed coverage on Lamb Weston in a research report on Tuesday, December 3rd. They issued a "market perform" rating and a $85.00 target price for the company. JPMorgan Chase & Co. boosted their target price on shares of Lamb Weston from $68.00 to $78.00 and gave the stock a "neutral" rating in a report on Monday. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Lamb Weston in a report on Thursday, December 12th. They set a "hold" rating and a $81.00 price target on the stock. Barclays increased their price objective on Lamb Weston from $70.00 to $74.00 and gave the company an "overweight" rating in a report on Friday, October 4th. Finally, Wells Fargo & Company lifted their target price on Lamb Weston from $70.00 to $77.00 and gave the stock an "overweight" rating in a report on Thursday, October 3rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, Lamb Weston has an average rating of "Hold" and a consensus price target of $84.25.

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.