Lamb Weston (NYSE:LW) Stock Price Target Raised at JPMorgan Chase & Co.

Lamb Weston (NYSE:LW) had its target price raised by equities research analysts at JPMorgan Chase & Co. from $46.00 to $53.00 in a report issued on Wednesday, Benzinga reports. The brokerage currently has a “neutral” rating on the specialty retailer’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 10.10% from the company’s previous close.

A number of other analysts also recently weighed in on LW. Weiss Ratings raised shares of Lamb Weston from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 28th. TD Cowen boosted their price objective on shares of Lamb Weston from $40.00 to $52.00 and gave the stock a “hold” rating in a research note on Tuesday, July 28th. Wells Fargo & Company decreased their target price on shares of Lamb Weston from $57.00 to $54.00 and set an “overweight” rating for the company in a research note on Wednesday. Stephens lowered their target price on shares of Lamb Weston from $55.00 to $50.00 and set an “equal weight” rating for the company in a report on Monday, September 28th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $53.00 price target on shares of Lamb Weston in a research report on Wednesday. Three equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $53.18.

Lamb Weston Trading Up 0.5%

LW stock traded up $0.23 on Wednesday, reaching $48.14. The company’s stock had a trading volume of 1,725,832 shares, compared to its average volume of 2,245,507. The firm has a market cap of $6.62 billion, a PE ratio of 23.15, a PEG ratio of 1.99 and a beta of 0.49. The business has a fifty day simple moving average of $50.00 and a two-hundred day simple moving average of $46.00. Lamb Weston has a 12-month low of $37.62 and a 12-month high of $67.07. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.74 and a current ratio of 1.42.

Lamb Weston (NYSE:LW) last announced its quarterly earnings results on Tuesday, October 6th. The specialty retailer reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.16. Lamb Weston had a net margin of 4.39% and a return on equity of 23.33%. The company had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.65 billion. During the same quarter in the previous year, the company earned $0.74 earnings per share. Lamb Weston’s quarterly revenue was up .7% on a year-over-year basis. Lamb Weston has set its FY 2027 guidance at 3.050-3.350 EPS. As a group, research analysts forecast that Lamb Weston will post 3.06 EPS for the current year.

Institutional Investors Weigh In On Lamb Weston

A number of large investors have recently made changes to their positions in LW. BlackRock Inc. bought a new stake in Lamb Weston during the second quarter valued at approximately $730,276,000. JANA Partners Management LP increased its stake in shares of Lamb Weston by 7.7% in the 2nd quarter. JANA Partners Management LP now owns 5,394,635 shares of the specialty retailer’s stock worth $232,940,000 after purchasing an additional 386,000 shares in the last quarter. State Street Corp raised its holdings in Lamb Weston by 6.4% in the 2nd quarter. State Street Corp now owns 4,869,644 shares of the specialty retailer’s stock worth $210,271,000 after purchasing an additional 294,120 shares during the period. Dimensional Fund Advisors LP lifted its position in Lamb Weston by 28.1% during the first quarter. Dimensional Fund Advisors LP now owns 2,742,208 shares of the specialty retailer’s stock valued at $115,865,000 after purchasing an additional 601,171 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in Lamb Weston by 350.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,451,954 shares of the specialty retailer’s stock valued at $61,360,000 after purchasing an additional 1,129,918 shares in the last quarter. 89.56% of the stock is currently owned by institutional investors.

Key Headlines Impacting Lamb Weston

Here are the key news stories impacting Lamb Weston this week:

• Positive Sentiment: Quarterly earnings beat expectations. Lamb Weston reported adjusted EPS of $0.75, exceeding the $0.59 analyst consensus, while revenue of $1.67 billion topped estimates by approximately $10 million. Revenue increased roughly 1% year over year. Lamb Weston Beats Q1 Expectations, Raises 2027 Outlook
• Positive Sentiment: Management raised fiscal 2027 guidance. The company now expects adjusted EPS of $3.05-$3.35, compared with a consensus estimate near $3.02, alongside low-single-digit sales growth and adjusted EBITDA of $1.125 billion-$1.215 billion. Lamb Weston Lifts Full-Year Guidance Amid Strong North American Performance
• Positive Sentiment: North America provided the key catalyst. Regional sales rose 5.2% to $1.14 billion, with stronger volume, resilient restaurant demand and cost savings supporting the outlook. Investors viewed the report as evidence that the company’s turnaround is gaining traction. Lamb Weston’s Turnaround Is Starting to Look Real
• Neutral Sentiment: Lamb Weston declared a quarterly dividend of $0.38 per share, or $1.52 annualized, representing a yield of approximately 3.2%.
• Negative Sentiment: Profitability remains uneven. GAAP net income fell 55% to $29 million, gross profit declined, and international sales dropped 8% to $528.9 million. Lower operating cash flow also remains a consideration, indicating that the recovery is not yet complete. Lamb Weston Raises Full-Year Outlook as North American Demand Offsets European Weakness

Lamb Weston Company Profile

Lamb Weston Holdings, Inc (NYSE: LW) is a global producer and marketer of frozen potato products. The company supplies French fries, potato wedges, hash browns, potato rounds, mashed potatoes and other specialty potato products to restaurants, foodservice distributors, retailers and food manufacturers.

Its product portfolio includes conventional and specialty frozen potato offerings, as well as sweet potato products and appetizer items. Lamb Weston sells products under its Lamb Weston and Grown in Idaho brands, while also providing private-label products for retail and foodservice customers.

The company’s history dates to the 1950s, when it began producing frozen potato products in the Pacific Northwest.