Lamb Weston (NYSE:LW – Get Free Report) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $4.35-4.85 for the period, compared to the consensus earnings per share estimate of $6.08. The company issued revenue guidance of $6.6-6.8 billion, compared to the consensus revenue estimate of $6.78 billion. Lamb Weston also updated its FY 2025 guidance to 4.350-4.850 EPS.
Lamb Weston Stock Performance
LW traded up $0.62 during midday trading on Friday, reaching $61.92. The company had a trading volume of 1,962,884 shares, compared to its average volume of 2,520,579. The company has a quick ratio of 0.59, a current ratio of 1.29 and a debt-to-equity ratio of 1.92. The business has a 50-day moving average of $68.91 and a two-hundred day moving average of $83.80. The company has a market cap of $8.94 billion, a P/E ratio of 8.27, a P/E/G ratio of 5.65 and a beta of 0.74. Lamb Weston has a 1 year low of $52.99 and a 1 year high of $111.88.
Lamb Weston (NYSE:LW – Get Free Report) last released its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $1.24 by ($0.46). The business had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.71 billion. Lamb Weston had a return on equity of 44.06% and a net margin of 11.22%. As a group, equities research analysts predict that Lamb Weston will post 4.55 earnings per share for the current fiscal year.
Lamb Weston Announces Dividend
Analysts Set New Price Targets
Several research analysts recently commented on the company. Wells Fargo & Company reduced their price objective on Lamb Weston from $98.00 to $70.00 and set an overweight rating for the company in a research note on Friday, July 26th. JPMorgan Chase & Co. lowered their target price on Lamb Weston from $108.00 to $63.00 and set an overweight rating on the stock in a research note on Thursday, July 25th. Consumer Edge cut Lamb Weston from an overweight rating to an equal weight rating in a report on Friday, July 26th. Stifel Nicolaus lowered 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 note on Thursday, July 25th. Finally, TD Cowen downgraded Lamb Weston from a buy rating to a hold rating and decreased their target price for the stock from $105.00 to $61.00 in a research report on Thursday, July 25th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of Moderate Buy and an average price target of $87.70.
Check Out Our Latest Research Report on Lamb Weston
Insider Buying and Selling
In other news, Director William G. Jurgensen purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The stock was purchased at an average cost of $55.43 per share, for a total transaction of $554,300.00. Following the completion of the transaction, the director now owns 173,377 shares of the company’s stock, valued at $9,610,287.11. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.66% of the stock is owned by corporate insiders.
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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