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

Lamb Weston (NYSE:LW) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 3.050-3.200 for the period, compared to the consensus EPS estimate of 3.080. The company issued revenue guidance of $6.4 billion-$6.5 billion, compared to the consensus revenue estimate of $6.3 billion. Lamb Weston also updated its FY25 guidance to $3.05-3.20 EPS.

Lamb Weston Trading Down 0.8 %

Shares of LW stock opened at $59.11 on Friday. The stock has a market cap of $8.43 billion, a P/E ratio of 23.36, a price-to-earnings-growth ratio of 1.40 and a beta of 0.48. Lamb Weston has a 1 year low of $47.90 and a 1 year high of $89.51. The company has a current ratio of 1.35, a quick ratio of 0.53 and a debt-to-equity ratio of 2.26. The stock has a 50 day simple moving average of $55.22 and a 200 day simple moving average of $65.57.

Lamb Weston (NYSE:LW) last released its earnings results on Thursday, April 3rd. The specialty retailer reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.23. Lamb Weston had a return on equity of 27.82% and a net margin of 5.80%. The company had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same period in the prior year, the firm posted $1.20 EPS. Lamb Weston’s quarterly revenue was up 4.3% on a year-over-year basis. On average, research analysts predict that Lamb Weston will post 3.1 earnings per share for the current fiscal year.

Lamb Weston Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 2nd will be issued a dividend of $0.37 per share. The ex-dividend date is Friday, May 2nd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.50%. Lamb Weston’s dividend payout ratio (DPR) is currently 58.50%.

Analysts Set New Price Targets

LW has been the subject of several research reports. JPMorgan Chase & Co. increased their price objective on shares of Lamb Weston from $68.00 to $78.00 and gave the company a “neutral” rating in a research note on Monday, December 16th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $57.00 target price on shares of Lamb Weston in a research report on Wednesday, March 19th. StockNews.com raised Lamb Weston to a “sell” rating in a research report on Monday, February 24th. Jefferies Financial Group increased their target price on shares of Lamb Weston from $80.00 to $95.00 and gave the company a “buy” rating in a research report on Tuesday, December 17th. Finally, Wells Fargo & Company decreased their price objective on shares of Lamb Weston from $72.00 to $66.00 and set an “overweight” rating for the company in a research report on Wednesday. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $73.09.

Insider Buying and Selling

In other Lamb Weston news, Director Robert A. Niblock bought 3,000 shares of the stock in a transaction that occurred on Monday, January 13th. The shares were bought at an average price of $60.94 per share, for a total transaction of $182,820.00. Following the acquisition, the director now directly owns 26,406 shares of the company’s stock, valued at approximately $1,609,181.64. The trade was a 12.82 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.72% of the stock is owned by company 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.