News stories about Lamb Weston (NYSE:LW) have trended somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lamb Weston earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news articles about the specialty retailer an impact score of 45.6739298160671 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Several equities analysts have weighed in on LW shares. Stifel Nicolaus lifted their target price on Lamb Weston from $54.00 to $58.00 and gave the company a “hold” rating in a research report on Tuesday, January 2nd. Zacks Investment Research downgraded Lamb Weston from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. Jefferies Group lifted their target price on Lamb Weston to $64.00 and gave the company a “buy” rating in a research report on Wednesday, January 3rd. Finally, Bank of America lifted their target price on Lamb Weston from $52.00 to $57.00 and gave the company a “buy” rating in a research report on Monday, November 6th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $58.14.

Lamb Weston (LW) traded up $0.62 during midday trading on Monday, reaching $55.08. The company’s stock had a trading volume of 1,267,338 shares, compared to its average volume of 1,309,195. The firm has a market cap of $7,963.36, a P/E ratio of 25.50, a P/E/G ratio of 1.84 and a beta of 0.43. The company has a debt-to-equity ratio of -4.43, a quick ratio of 0.53 and a current ratio of 1.55. Lamb Weston has a 52 week low of $38.83 and a 52 week high of $60.85.

Lamb Weston (NYSE:LW) last released its earnings results on Thursday, January 4th. The specialty retailer reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.01. The company had revenue of $824.60 million during the quarter, compared to the consensus estimate of $815.29 million. Lamb Weston had a negative return on equity of 53.18% and a net margin of 9.85%. Lamb Weston’s revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.63 EPS. sell-side analysts anticipate that Lamb Weston will post 2.46 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 2nd. Shareholders of record on Friday, February 2nd will be given a $0.1913 dividend. This is an increase from Lamb Weston’s previous quarterly dividend of $0.19. This represents a $0.77 annualized dividend and a yield of 1.39%. The ex-dividend date is Thursday, February 1st. Lamb Weston’s payout ratio is currently 35.19%.

In other news, Director Peter J. Bensen bought 5,000 shares of the company’s stock in a transaction on Monday, January 8th. The stock was bought at an average cost of $58.18 per share, with a total value of $290,900.00. Following the transaction, the director now directly owns 1,935 shares in the company, valued at approximately $112,578.30. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.26% of the company’s stock.

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About Lamb Weston

Lamb Weston Holdings, Inc (Lamb Weston), is a supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers around the world. The Company’s segments include Global, Foodservice, Retail and Other. The Global segment includes operations associated with Lamb Weston’s business with large chain restaurant customers, whether those results are generated in the United States or abroad, as well as operations associated with retail and foodservice customers located outside of the United States and Canada.

Insider Buying and Selling by Quarter for Lamb Weston (NYSE:LW)

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