Lamb Weston (NYSE:LW) Releases FY25 Earnings Guidance

Lamb Weston (NYSE:LW) issued an update on its FY25 earnings guidance on Thursday morning. The company provided EPS guidance of $3.05-3.20 for the period, compared to the consensus EPS estimate of $4.21. The company issued revenue guidance of $6.35-6.45 billion, compared to the consensus revenue estimate of $6.66 billion. Lamb Weston also updated its FY 2025 guidance to 3.050-3.200 EPS.

Lamb Weston Stock Down 19.1 %

LW opened at $63.30 on Thursday. Lamb Weston has a fifty-two week low of $52.99 and a fifty-two week high of $111.88. The company’s 50-day moving average is $77.11 and its 200 day moving average is $72.83. The firm has a market capitalization of $9.03 billion, a P/E ratio of 14.86, a PEG ratio of 1.34 and a beta of 0.70. The company has a debt-to-equity ratio of 1.87, a current ratio of 1.19 and a quick ratio of 0.54.

Lamb Weston (NYSE:LW) last issued its quarterly earnings results on Thursday, December 19th. The specialty retailer reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.35). Lamb Weston had a return on equity of 34.33% and a net margin of 9.57%. The company had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.67 billion. During the same period last year, the firm posted $1.45 earnings per share. Lamb Weston’s quarterly revenue was down 7.5% compared to the same quarter last year. Research analysts expect that Lamb Weston will post 4.26 earnings per share for the current fiscal year.

Lamb Weston Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 1st were paid a dividend of $0.36 per share. The ex-dividend date was Friday, November 1st. This represents a $1.44 annualized dividend and a dividend yield of 2.27%. Lamb Weston’s payout ratio is 33.80%.

Analyst Ratings Changes

LW has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft began coverage on shares of Lamb Weston in a research note on Thursday, December 12th. They issued a “hold” rating and a $81.00 price objective for the company. Jefferies Financial Group increased their price target on shares of Lamb Weston from $80.00 to $95.00 and gave the stock a “buy” rating in a report on Tuesday. Citigroup upped their target price on shares of Lamb Weston from $76.00 to $90.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Sanford C. Bernstein initiated coverage on Lamb Weston in a research note on Tuesday, December 3rd. They set a “market perform” rating and a $85.00 price target for the company. Finally, Wells Fargo & Company boosted their target price on Lamb Weston from $70.00 to $77.00 and gave the stock an “overweight” rating in a research report on Thursday, October 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $84.25.

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.