Lamb Weston (NYSE:LW) Issues FY25 Earnings Guidance

Lamb Weston (NYSE:LW - Get Free Report) updated its FY25 earnings guidance on Thursday. The company provided earnings per share guidance of $3.05-3.20 for the period, compared to the consensus earnings per share estimate of $3.09. The company issued revenue guidance of $6.35-6.45 billion, compared to the consensus revenue estimate of $6.35 billion. Lamb Weston also updated its FY 2025 guidance to 3.050-3.200 EPS.

Analyst Upgrades and Downgrades

Several equities analysts have commented on LW shares. Jefferies Financial Group upped their price objective on Lamb Weston from $80.00 to $95.00 and gave the company a "buy" rating in a research report on Tuesday, December 17th. Barclays decreased their target price on Lamb Weston from $87.00 to $69.00 and set an "overweight" rating for the company in a research report on Monday, December 23rd. JPMorgan Chase & Co. increased their price target on Lamb Weston from $68.00 to $78.00 and gave the stock a "neutral" rating in a research report on Monday, December 16th. Citigroup lowered 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 research note on Friday, December 20th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $57.00 target price on shares of Lamb Weston in a report on Wednesday, March 19th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $73.09.

Remove Ads

Lamb Weston Stock Down 3.5 %

LW traded down $1.98 during trading on Tuesday, hitting $54.56. The stock had a trading volume of 868,266 shares, compared to its average volume of 2,737,386. The stock has a 50 day simple moving average of $55.10 and a two-hundred day simple moving average of $65.50. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.53 and a current ratio of 1.35. Lamb Weston has a twelve month low of $47.90 and a twelve month high of $89.51. The company has a market capitalization of $7.78 billion, a PE ratio of 21.53, a PEG ratio of 1.40 and a beta of 0.48.

Lamb Weston (NYSE:LW - Get Free Report) last posted its quarterly earnings data on Thursday, April 3rd. The specialty retailer reported $1.10 earnings per share for the quarter, topping analysts' consensus estimates of $0.87 by $0.23. Lamb Weston had a return on equity of 27.82% and a net margin of 5.80%. The firm had revenue of $1.52 billion during the quarter, compared to analysts' expectations of $1.50 billion. During the same quarter last year, the firm earned $1.20 EPS. The business's quarterly revenue was up 4.3% on a year-over-year basis. On average, research analysts predict that Lamb Weston will post 3.1 earnings per share for the current year.

Lamb Weston Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 2nd will be issued a dividend of $0.37 per share. The ex-dividend date is Friday, May 2nd. This represents a $1.48 annualized dividend and a dividend yield of 2.71%. Lamb Weston's dividend payout ratio (DPR) is currently 58.04%.

Insider Buying and Selling

In other news, Director Robert A. Niblock bought 3,000 shares of the business's stock in a transaction that occurred on Monday, January 13th. The shares were purchased at an average cost of $60.94 per share, with a total value of $182,820.00. Following the transaction, the director now directly owns 26,406 shares in the company, valued at approximately $1,609,181.64. The trade was a 12.82 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.72% of the stock is owned by company insiders.

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.