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

Lamb Weston (NYSE:LW) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.050-3.200 for the period, compared to the consensus estimate of 3.080. The company issued revenue guidance of $6.4 billion-$6.5 billion, compared to the consensus revenue estimate of $6.3 billion. Lamb Weston also updated its FY25 guidance to $3.05-3.20 EPS.

Analysts Set New Price Targets

LW has been the subject of a number of recent research reports. Stifel Nicolaus cut their target price on Lamb Weston from $80.00 to $68.00 and set a “hold” rating for the company in a research note on Friday, December 20th. StockNews.com raised shares of Lamb Weston to a “sell” rating in a report on Monday, February 24th. Jefferies Financial Group upped their target price on shares of Lamb Weston from $80.00 to $95.00 and gave the company a “buy” rating in a research note on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $57.00 price target on shares of Lamb Weston in a research note on Wednesday, March 19th. Finally, JPMorgan Chase & Co. upped their price objective on Lamb Weston from $68.00 to $78.00 and gave the company a “neutral” rating in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $73.55.

Lamb Weston Price Performance

LW stock traded up $3.83 during midday trading on Thursday, reaching $57.98. 3,868,368 shares of the company’s stock traded hands, compared to its average volume of 2,692,032. The company has a 50-day simple moving average of $55.27 and a two-hundred day simple moving average of $65.65. The company has a quick ratio of 0.53, a current ratio of 1.35 and a debt-to-equity ratio of 2.26. Lamb Weston has a 1-year low of $47.90 and a 1-year high of $89.51. The company has a market cap of $8.27 billion, a price-to-earnings ratio of 22.92, a PEG ratio of 1.40 and a beta of 0.76.

Lamb Weston (NYSE:LW) last announced its earnings results on Thursday, April 3rd. The specialty retailer reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.22. The company had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. Lamb Weston had a return on equity of 27.82% and a net margin of 5.80%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period last year, the company posted $1.20 earnings per share. On average, analysts anticipate that Lamb Weston will post 3.1 earnings per share for the current year.

Lamb Weston Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 2nd will be given a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, May 2nd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.55%. Lamb Weston’s payout ratio is 58.50%.

Insider Activity

In other news, Director Robert A. Niblock purchased 3,000 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were acquired at an average price of $60.94 per share, with a total value of $182,820.00. Following the completion of the purchase, the director now directly owns 26,406 shares of the company’s stock, valued at $1,609,181.64. The trade was a 12.82 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.72% of the stock is owned by 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.