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.

Analyst Ratings Changes

LW has been the topic of several research reports. Stifel Nicolaus upped their price objective on shares of Lamb Weston from $60.00 to $65.00 and gave the company a hold rating in a report on Thursday. Consumer Edge lowered shares of Lamb Weston from an overweight rating to an equal weight rating in a research note on Friday, July 26th. 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 report on Thursday. The Goldman Sachs Group reduced their price target on Lamb Weston from $132.00 to $78.00 and set a buy rating for the company in a research note on Thursday, July 25th. Finally, Barclays lowered their price objective on Lamb Weston from $96.00 to $70.00 and set an overweight rating on the stock in a research report on Friday, July 26th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of Moderate Buy and a consensus target price of $82.00.

Lamb Weston Stock Performance

Shares of Lamb Weston stock opened at $68.28 on Friday. The company has a current ratio of 1.29, a quick ratio of 0.59 and a debt-to-equity ratio of 1.92. The company has a market cap of $9.86 billion, a PE ratio of 9.12, a price-to-earnings-growth ratio of 6.18 and a beta of 0.75. The company has a 50 day moving average of $62.12 and a 200-day moving average of $77.51. Lamb Weston has a 1-year low of $52.99 and a 1-year high of $111.88.

Lamb Weston (NYSE:LW) last released its earnings results on Tuesday, October 1st. The specialty retailer reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.01. Lamb Weston had a return on equity of 44.06% and a net margin of 11.22%. The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.55 billion. During the same period in the prior year, the company earned $1.63 earnings per share. The company’s quarterly revenue was down .7% on a year-over-year basis. As a group, equities research analysts forecast that Lamb Weston will post 4.54 earnings per share for the current fiscal year.

Lamb Weston Dividend Announcement

The business also recently declared 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 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 Activity at Lamb Weston

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