Lamb Weston (NYSE:LW – Get 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%.
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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.
About Lamb Weston
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.
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