Lamb Weston (NYSE:LW) Announces Quarterly Earnings Results

Lamb Weston (NYSE:LWGet Free Report) released its quarterly earnings results on Tuesday. The specialty retailer reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.01, Briefing.com reports. Lamb Weston had a net margin of 11.22% and a return on equity of 44.06%. The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.55 billion. During the same period in the previous year, the business earned $1.63 EPS. The business’s revenue for the quarter was down .7% on a year-over-year basis. Lamb Weston updated its FY 2025 guidance to 4.150-4.350 EPS and its FY25 guidance to $4.15-4.35 EPS.

Lamb Weston Price Performance

LW stock opened at $65.83 on Thursday. The firm has a market cap of $9.51 billion, a P/E ratio of 8.89, a P/E/G ratio of 6.18 and a beta of 0.75. The firm’s fifty day moving average is $61.82 and its 200 day moving average is $77.58. Lamb Weston has a 52 week low of $52.99 and a 52 week high of $111.88. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.59 and a current ratio of 1.29.

Lamb Weston Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 1st will be paid a $0.36 dividend. The ex-dividend date is Friday, November 1st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.19%. Lamb Weston’s dividend payout ratio (DPR) is 19.23%.

Insiders Place Their Bets

In related news, Director William G. Jurgensen bought 10,000 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The stock was bought at an average cost of $55.43 per share, for a total transaction of $554,300.00. Following the acquisition, the director now directly owns 173,377 shares of the company’s stock, valued at approximately $9,610,287.11. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.66% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

LW has been the subject of several recent analyst reports. Barclays reduced their target price on Lamb Weston from $96.00 to $70.00 and set an “overweight” rating for the company in a research report on Friday, July 26th. The Goldman Sachs Group cut their price objective on Lamb Weston from $132.00 to $78.00 and set a “buy” rating for the company in a report on Thursday, July 25th. Bank of America raised their target price on shares of Lamb Weston from $66.00 to $68.00 and gave the company a “neutral” rating in a research note on Tuesday, September 17th. Wells Fargo & Company cut their price target on shares of Lamb Weston from $98.00 to $70.00 and set an “overweight” rating for the company in a research note on Friday, July 26th. Finally, Stifel Nicolaus increased their price target on shares of Lamb Weston from $60.00 to $65.00 and gave the stock a “hold” rating in a report on Thursday. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $81.20.

Get Our Latest Analysis on LW

About Lamb Weston

(Get Free Report)

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.

Further Reading

Earnings History for Lamb Weston (NYSE:LW)

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