Lamb Weston (NYSE:LW) Releases FY25 Earnings Guidance

Lamb Weston (NYSE:LW) updated its FY25 earnings guidance on Thursday. The company provided EPS guidance of $3.05-3.20 for the period, compared to the consensus EPS estimate of $3.09. The company issued revenue guidance of $6.35-6.45 billion, compared to the consensus revenue estimate of $6.35 billion. Lamb Weston also updated its FY 2025 guidance to 3.050-3.200 EPS.

Lamb Weston Stock Performance

Shares of NYSE LW opened at $59.11 on Friday. The firm’s fifty day moving average is $55.22 and its two-hundred day moving average is $65.57. Lamb Weston has a 52-week low of $47.90 and a 52-week high of $89.51. The company has a market cap of $8.43 billion, a P/E ratio of 23.36, a P/E/G ratio of 1.40 and a beta of 0.48. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.53 and a current ratio of 1.35.

Lamb Weston (NYSE:LW) last posted its earnings results on Thursday, April 3rd. The specialty retailer reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.23. Lamb Weston had a return on equity of 27.82% and a net margin of 5.80%. The company had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the previous year, the business earned $1.20 earnings per share. The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. As a group, analysts anticipate that Lamb Weston will post 3.1 EPS for the current fiscal year.

Lamb Weston Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 2nd will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date of this dividend is Friday, May 2nd. Lamb Weston’s payout ratio is 58.50%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. StockNews.com upgraded shares of Lamb Weston to a “sell” rating in a research report on Monday, February 24th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $57.00 target price on shares of Lamb Weston in a report on Wednesday, March 19th. Barclays decreased their price target on Lamb Weston from $87.00 to $69.00 and set an “overweight” rating on the stock in a report on Monday, December 23rd. Citigroup lowered shares of Lamb Weston from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $90.00 to $68.00 in a research note on Friday, December 20th. Finally, Jefferies Financial Group raised their target price on shares of Lamb Weston from $80.00 to $95.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $73.09.

Insiders Place Their Bets

In other Lamb Weston news, Director Robert A. Niblock bought 3,000 shares of the business’s stock in a transaction on Monday, January 13th. The shares were acquired at an average price of $60.94 per share, with a total value of $182,820.00. Following the transaction, the director now owns 26,406 shares of the company’s stock, valued at approximately $1,609,181.64. This trade represents a 12.82 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.72% of the stock is currently owned by company 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.