Lamb Weston (NYSE:LW) Issues 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 Down 0.8 %

Shares of LW stock opened at $59.11 on Friday. 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 has a fifty-two week low of $47.90 and a fifty-two week high of $89.51. The firm has a market capitalization of $8.43 billion, a PE ratio of 23.36, a P/E/G ratio of 1.40 and a beta of 0.48. The stock’s 50-day simple moving average is $55.22 and its 200-day simple moving average is $65.57.

Lamb Weston (NYSE:LW) last released its quarterly earnings data on Thursday, April 3rd. The specialty retailer reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.23. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. Lamb Weston had a return on equity of 27.82% and a net margin of 5.80%. The company’s revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the business posted $1.20 EPS. Equities analysts expect that Lamb Weston will post 3.1 earnings per share for the current year.

Lamb Weston Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 2nd will be issued 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 is Friday, May 2nd. Lamb Weston’s dividend payout ratio (DPR) is presently 58.50%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Stifel Nicolaus reduced their price target on Lamb Weston from $68.00 to $63.00 and set a “hold” rating for the company in a report on Friday. Barclays reduced their price target on shares of Lamb Weston from $87.00 to $69.00 and set an “overweight” rating for the company in a research report on Monday, December 23rd. StockNews.com upgraded Lamb Weston to a “sell” rating in a report on Monday, February 24th. Wells Fargo & Company lowered their price target on Lamb Weston from $72.00 to $66.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, Jefferies Financial Group increased their price objective on Lamb Weston from $80.00 to $95.00 and gave the company a “buy” rating in a research note on Tuesday, December 17th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Lamb Weston currently has a consensus rating of “Hold” and a consensus price target of $73.09.

Insider Activity

In other news, Director Robert A. Niblock bought 3,000 shares of Lamb Weston stock in a transaction on Monday, January 13th. The shares were bought at an average cost of $60.94 per share, with a total value of $182,820.00. Following the completion of the purchase, the director now directly 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 ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.72% of the company’s stock.

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.