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

Lamb Weston (NYSE:LW) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 4.150-4.350 for the period, compared to the consensus earnings per share estimate of 4.480. The company issued revenue guidance of $6.6 billion-$6.8 billion, compared to the consensus revenue estimate of $6.6 billion. Lamb Weston also updated its FY25 guidance to $4.15-4.35 EPS.

Analysts Set New Price Targets

A number of research firms have weighed in on LW. TD Cowen boosted their target price on shares of Lamb Weston from $61.00 to $65.00 and gave the stock a hold rating in a research report on Tuesday, September 24th. Wells Fargo & Company boosted their price objective on Lamb Weston from $70.00 to $77.00 and gave the stock an overweight rating in a research report on Thursday. Stifel Nicolaus raised their target price on Lamb Weston from $60.00 to $65.00 and gave the company a hold rating in a report on Thursday. JPMorgan Chase & Co. cut their price target on Lamb Weston from $108.00 to $63.00 and set an overweight rating for the company in a report on Thursday, July 25th. Finally, Bank of America increased their price objective on Lamb Weston from $66.00 to $68.00 and gave the company a neutral rating in a research report on Tuesday, September 17th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of Moderate Buy and a consensus price target of $82.00.

Lamb Weston Stock Up 2.6 %

LW opened at $68.28 on Friday. Lamb Weston has a fifty-two week low of $52.99 and a fifty-two week high of $111.88. The company has a market capitalization of $9.86 billion, a P/E ratio of 9.12, a P/E/G ratio of 6.18 and a beta of 0.75. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.29 and a quick ratio of 0.59. The firm’s fifty day moving average price is $62.12 and its two-hundred day moving average price is $77.51.

Lamb Weston (NYSE:LW) last released its quarterly earnings data on Tuesday, October 1st. The specialty retailer reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.01. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.55 billion. Lamb Weston had a return on equity of 44.06% and a net margin of 11.22%. The company’s quarterly revenue was down .7% on a year-over-year basis. During the same period in the previous year, the business earned $1.63 earnings per share. On average, analysts anticipate that Lamb Weston will post 4.54 EPS for the current year.

Lamb Weston Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 1st will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend is Friday, November 1st. Lamb Weston’s payout ratio is 19.23%.

Insider Buying and Selling

In other Lamb Weston news, Director William G. Jurgensen purchased 10,000 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The stock was acquired at an average cost of $55.43 per share, with a total value of $554,300.00. Following the completion of the acquisition, the director now directly owns 173,377 shares of the company’s stock, valued at approximately $9,610,287.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.66% of the stock is owned by corporate 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.