Lamb Weston (NYSE:LW) will release its earnings data before the market opens on Tuesday, July 23rd. Analysts expect Lamb Weston to post earnings of $0.72 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.
Lamb Weston stock opened at $68.57 on Monday. The stock has a market cap of $10.03 billion, a PE ratio of 25.78, a PEG ratio of 1.68 and a beta of 0.19. The stock’s 50-day moving average is $62.85. Lamb Weston has a 52 week low of $58.83 and a 52 week high of $83.86.
A number of research firms recently commented on LW. Zacks Investment Research upgraded Investar from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research report on Tuesday, June 4th. Goldman Sachs Group reiterated a “buy” rating and set a $21.50 price objective on shares of Infineon Technologies in a research report on Wednesday, June 19th. Bank of America reiterated a “buy” rating and set a $85.00 price objective (up previously from $78.00) on shares of Everbridge in a research report on Tuesday, May 7th. JPMorgan Chase & Co. dropped their price objective on from GBX 97 ($1.27) to GBX 89 ($1.16) and set a “neutral” rating for the company in a research report on Monday, June 17th. Finally, Stifel Nicolaus lifted their price target on Rapid7 from $52.00 to $58.00 and gave the company a “buy” rating in a report on Wednesday, April 3rd. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $76.86.
About Lamb Weston
Lamb Weston Holdings, Inc produces, distributes, and markets value-added frozen potato products worldwide. It operates through four segments: Global, Foodservice, Retail, and Other. The company offers frozen potatoes, sweet potatoes, and appetizers under the Lamb Weston brand name, as well as various customer labels.
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