Lamb Weston (NYSE:LW) Issues FY25 Earnings Guidance

Lamb Weston (NYSE:LW) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $4.15-4.35 for the period, compared to the consensus earnings per share estimate of $4.49. The company issued revenue guidance of $6.6-6.8 billion, compared to the consensus revenue estimate of $6.62 billion. Lamb Weston also updated its FY 2025 guidance to 4.150-4.350 EPS.

Analysts Set New Price Targets

A number of brokerages have commented on LW. TD Cowen upped their price target on shares of Lamb Weston from $61.00 to $65.00 and gave the company a hold rating in a research report on Tuesday, September 24th. Citigroup raised their target price on Lamb Weston from $75.00 to $76.00 and gave the stock a buy rating in a research note on Thursday. The Goldman Sachs Group cut their target price on shares of Lamb Weston from $132.00 to $78.00 and set a buy rating on the stock in a research note on Thursday, July 25th. Wells Fargo & Company upped their price objective on shares of Lamb Weston from $70.00 to $77.00 and gave the company an overweight rating in a report on Thursday. Finally, Bank of America upped their price target on Lamb Weston from $66.00 to $68.00 and gave the stock a neutral rating in a research note on Tuesday, September 17th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of Moderate Buy and an average price target of $82.00.

Lamb Weston Stock Performance

Shares of LW opened at $68.28 on Friday. The company has a market cap of $9.86 billion, a price-to-earnings ratio of 9.12, a P/E/G ratio of 6.18 and a beta of 0.75. The business’s fifty day simple moving average is $62.12 and its two-hundred day simple moving average is $77.51. Lamb Weston has a 12 month low of $52.99 and a 12 month high of $111.88. The company has a current ratio of 1.29, a quick ratio of 0.59 and a debt-to-equity ratio of 1.92.

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

Lamb Weston Announces Dividend

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

Insider Transactions at Lamb Weston

In other Lamb Weston news, Director William G. Jurgensen bought 10,000 shares of the business’s stock in a transaction on Friday, July 26th. The shares were acquired at an average price of $55.43 per share, with a total value of $554,300.00. Following the transaction, the director now owns 173,377 shares of the company’s stock, valued at approximately $9,610,287.11. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.66% of the company’s stock.

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.