Lamb Weston (NYSE:LW) Updates FY25 Earnings Guidance

Lamb Weston (NYSE:LW) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $4.15-4.35 for the period, compared to the consensus earnings per share estimate of $4.49. The company issued revenue guidance of $6.6-6.8 billion, compared to the consensus revenue estimate of $6.62 billion. Lamb Weston also updated its FY 2025 guidance to 4.150-4.350 EPS.

Lamb Weston Stock Up 0.3 %

NYSE LW traded up $0.17 during trading on Tuesday, hitting $64.91. The stock had a trading volume of 3,890,788 shares, compared to its average volume of 2,505,032. The company has a market capitalization of $9.37 billion, a PE ratio of 8.67, a P/E/G ratio of 6.18 and a beta of 0.75. The company’s 50-day moving average price is $61.89 and its two-hundred day moving average price is $77.92. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.59 and a current ratio of 1.29. Lamb Weston has a 12 month low of $52.99 and a 12 month high of $111.88.

Lamb Weston (NYSE:LW) last posted its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $0.78 earnings per share for the quarter, missing the consensus estimate of $1.24 by ($0.46). The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.71 billion. Lamb Weston had a return on equity of 44.06% and a net margin of 11.22%. As a group, sell-side analysts forecast that Lamb Weston will post 4.54 EPS for the current year.

Lamb Weston Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 1st will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend is Friday, November 1st. Lamb Weston’s dividend payout ratio (DPR) is 19.23%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. TD Cowen boosted their price target on Lamb Weston from $61.00 to $65.00 and gave the stock a hold rating in a research report on Tuesday, September 24th. Consumer Edge lowered Lamb Weston from an overweight rating to an equal weight rating in a report on Friday, July 26th. Barclays decreased their target price on Lamb Weston from $96.00 to $70.00 and set an overweight rating on the stock in a report on Friday, July 26th. Bank of America boosted their target price on Lamb Weston from $66.00 to $68.00 and gave the stock a neutral rating in a report on Tuesday, September 17th. Finally, The Goldman Sachs Group decreased their target price on Lamb Weston from $132.00 to $78.00 and set a buy rating on the stock in a report on Thursday, July 25th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and an average target price of $80.70.

Insider Activity at Lamb Weston

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