Lamb Weston (LW) Scheduled to Post Earnings on Tuesday

Lamb Weston (NYSE:LW) will be issuing its quarterly earnings data after the market closes on Tuesday, October 1st. Analysts expect the company to announce earnings of $0.73 per share for the quarter. Lamb Weston has set its FY25 guidance at $4.35-4.85 EPS and its FY 2025 guidance at 4.350-4.850 EPS.Parties interested in listening to the company’s conference call can do so using this link.

Lamb Weston (NYSE:LW) last released its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $1.24 by ($0.46). The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.71 billion. Lamb Weston had a return on equity of 44.06% and a net margin of 11.22%. On average, analysts expect Lamb Weston to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Lamb Weston Stock Up 0.5 %

LW stock opened at $66.80 on Monday. The company has a market cap of $9.65 billion, a PE ratio of 8.92, a price-to-earnings-growth ratio of 6.18 and a beta of 0.75. The business has a 50-day simple moving average of $62.18 and a 200 day simple moving average of $78.18. Lamb Weston has a 52 week low of $52.99 and a 52 week high of $111.88. The company has a quick ratio of 0.59, a current ratio of 1.29 and a debt-to-equity ratio of 1.92.

Lamb Weston Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 1st will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 2.16%. The ex-dividend date is Friday, November 1st. Lamb Weston’s payout ratio is presently 19.23%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on LW. Barclays decreased their target price on Lamb Weston from $96.00 to $70.00 and set an “overweight” rating for the company in a research report on Friday, July 26th. JPMorgan Chase & Co. cut their target price on Lamb Weston from $108.00 to $63.00 and set an “overweight” rating for the company in a research note on Thursday, July 25th. Citigroup raised their price target on Lamb Weston from $72.00 to $75.00 and gave the company a “buy” rating in a report on Monday, September 23rd. Bank of America raised their price target on Lamb Weston from $66.00 to $68.00 and gave the company a “neutral” rating in a report on Tuesday, September 17th. Finally, TD Cowen raised their price objective on Lamb Weston from $61.00 to $65.00 and gave the company a “hold” rating in a report on Tuesday, September 24th. One equities research 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, Lamb Weston presently has an average rating of “Moderate Buy” and an average price target of $80.70.

Insider Buying and Selling

In other news, Director William G. Jurgensen bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, July 26th. The stock was purchased 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 in the company, valued at approximately $9,610,287.11. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.66% of the stock is owned by company insiders.

About Lamb Weston

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.