Lamb Weston (NYSE:LW) Issues FY 2025 Earnings Guidance

Lamb Weston (NYSE:LW) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 4.150-4.350 for the period, compared to the consensus earnings per share estimate of 4.480. The company issued revenue guidance of $6.6 billion-$6.8 billion, compared to the consensus revenue estimate of $6.6 billion. Lamb Weston also updated its FY25 guidance to $4.15-4.35 EPS.

Wall Street Analysts Forecast Growth

LW has been the topic of a number of recent research reports. Citigroup lifted their target price on Lamb Weston from $72.00 to $75.00 and gave the stock a buy rating in a research report on Monday, September 23rd. Consumer Edge cut shares of Lamb Weston from an overweight rating to an equal weight rating in a research note on Friday, July 26th. Barclays lowered their price objective on Lamb Weston from $96.00 to $70.00 and set an overweight rating on the stock in a research note on Friday, July 26th. JPMorgan Chase & Co. decreased their price target on Lamb Weston from $108.00 to $63.00 and set an overweight rating on the stock in a research note on Thursday, July 25th. Finally, Bank of America increased their price objective on Lamb Weston from $66.00 to $68.00 and gave the stock a neutral rating in a research note on Tuesday, September 17th. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of Moderate Buy and an average price target of $80.70.

Lamb Weston Stock Up 0.3 %

NYSE:LW opened at $64.91 on Wednesday. The company has a market cap of $9.37 billion, a price-to-earnings ratio of 8.67, a P/E/G ratio of 6.18 and a beta of 0.75. Lamb Weston has a 52-week low of $52.99 and a 52-week high of $111.88. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.59 and a current ratio of 1.29. The stock’s fifty day moving average price is $61.89 and its two-hundred day moving average price is $77.92.

Lamb Weston (NYSE:LW) last announced its quarterly earnings data on Tuesday, October 1st. The specialty retailer reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.01. Lamb Weston had a return on equity of 44.06% and a net margin of 11.22%. The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.55 billion. During the same period last year, the company earned $1.63 earnings per share. The company’s revenue was down .7% on a year-over-year basis. On average, analysts anticipate that Lamb Weston will post 4.54 EPS for the current year.

Lamb Weston Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 1st will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend is Friday, November 1st. Lamb Weston’s dividend payout ratio is presently 19.23%.

Insider Transactions at Lamb Weston

In other news, Director William G. Jurgensen acquired 10,000 shares of Lamb Weston stock in a transaction that occurred on Friday, July 26th. The shares were acquired at an average price of $55.43 per share, with a total value of $554,300.00. Following the purchase, the director now directly owns 173,377 shares of the company’s stock, valued at $9,610,287.11. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.66% of the stock is owned by corporate 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.