Lamb Weston (NYSE:LW) Updates FY25 Earnings Guidance

Lamb Weston (NYSE:LW) 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) 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

The business also recently declared a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 2nd were issued a $0.36 dividend. The ex-dividend date of this dividend was Friday, August 2nd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.33%. Lamb Weston’s dividend payout ratio is presently 19.23%.

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.

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.