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

Lamb Weston (NYSE:LW) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 3.050-3.200 for the period, compared to the consensus earnings per share 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 Up 7.1 %

Shares of NYSE:LW traded up $3.86 during trading on Thursday, hitting $58.01. The company had a trading volume of 4,020,440 shares, compared to its average volume of 2,819,215. The stock has a market cap of $8.27 billion, a price-to-earnings ratio of 22.93, a price-to-earnings-growth ratio of 1.40 and a beta of 0.76. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.35 and a quick ratio of 0.53. The company has a fifty day simple moving average of $55.27 and a two-hundred day simple moving average of $65.65. Lamb Weston has a one year low of $47.90 and a one year high of $103.49.

Lamb Weston (NYSE:LW) last issued its earnings results on Thursday, April 3rd. The specialty retailer reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.22. Lamb Weston had a net margin of 5.80% and a return on equity of 27.82%. The business had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the firm earned $1.20 EPS. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. As a group, equities analysts forecast that Lamb Weston will post 3.1 earnings per share for the current year.

Lamb Weston Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 2nd will be issued a $0.37 dividend. The ex-dividend date is Friday, May 2nd. This represents a $1.48 dividend on an annualized basis and a yield of 2.55%. Lamb Weston’s dividend payout ratio is presently 58.50%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on LW. Barclays reduced their target price on Lamb Weston from $87.00 to $69.00 and set an “overweight” rating on the stock in a research report on Monday, December 23rd. JPMorgan Chase & Co. raised their price target on shares of Lamb Weston from $68.00 to $78.00 and gave the stock a “neutral” rating in a report on Monday, December 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $57.00 price target on shares of Lamb Weston in a research report on Wednesday, March 19th. Wells Fargo & Company cut their price target on shares of Lamb Weston from $72.00 to $66.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, Stifel Nicolaus reduced their target price on shares of Lamb Weston from $80.00 to $68.00 and set a “hold” rating for the company in a report on Friday, December 20th. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $73.55.

Insider Buying and Selling

In other Lamb Weston news, Director Robert A. Niblock purchased 3,000 shares of Lamb Weston stock in a transaction on Monday, January 13th. The shares were bought at an average price of $60.94 per share, with a total value of $182,820.00. Following the purchase, the director now directly owns 26,406 shares in the company, valued at $1,609,181.64. This trade represents a 12.82 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.72% of the company’s stock.

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.