Lamb Weston (NYSE:LW) Updates FY25 Earnings Guidance

Lamb Weston (NYSE:LWGet Free Report) 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.

Lamb Weston Stock Up 0.3 %

NYSE LW traded up $0.17 during trading on Tuesday, hitting $64.91. The stock had a trading volume of 3,890,788 shares, compared to its average volume of 2,505,032. The company has a market capitalization of $9.37 billion, a PE ratio of 8.67, a P/E/G ratio of 6.18 and a beta of 0.75. The company’s 50-day moving average price is $61.89 and its two-hundred day moving average price is $77.92. 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 has a 12 month low of $52.99 and a 12 month high of $111.88.

Lamb Weston (NYSE:LWGet Free Report) last posted its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $0.78 earnings per share for the quarter, missing the consensus estimate of $1.24 by ($0.46). The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.71 billion. Lamb Weston had a return on equity of 44.06% and a net margin of 11.22%. As a group, sell-side analysts forecast that Lamb Weston will post 4.54 EPS for the current year.

Lamb Weston Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 1st will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend is Friday, November 1st. Lamb Weston’s dividend payout ratio (DPR) is 19.23%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. TD Cowen boosted their price target on Lamb Weston from $61.00 to $65.00 and gave the stock a hold rating in a research report on Tuesday, September 24th. Consumer Edge lowered Lamb Weston from an overweight rating to an equal weight rating in a report on Friday, July 26th. Barclays decreased their target price on Lamb Weston from $96.00 to $70.00 and set an overweight rating on the stock in a report on Friday, July 26th. Bank of America boosted their target price on Lamb Weston from $66.00 to $68.00 and gave the stock a neutral rating in a report on Tuesday, September 17th. Finally, The Goldman Sachs Group decreased their target price on Lamb Weston from $132.00 to $78.00 and set a buy rating on the stock in a report on Thursday, July 25th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and an average target price of $80.70.

Read Our Latest Stock Report on Lamb Weston

Insider Activity at Lamb Weston

In other news, Director William G. Jurgensen purchased 10,000 shares of Lamb Weston stock in a transaction that occurred on Friday, July 26th. The stock was acquired at an average cost of $55.43 per share, for a total transaction of $554,300.00. Following the purchase, 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.66% of the stock is currently owned by corporate insiders.

Lamb Weston Company Profile

(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 and Estimates for Lamb Weston (NYSE:LW)

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