Lamb Weston (NYSE:LW) Updates FY25 Earnings Guidance

Lamb Weston (NYSE:LW) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share guidance of $3.05-3.20 for the period, compared to the consensus earnings per share estimate of $3.09. The company issued revenue guidance of $6.35-6.45 billion, compared to the consensus revenue estimate of $6.35 billion. Lamb Weston also updated its FY 2025 guidance to 3.050-3.200 EPS.

Wall Street Analysts Forecast Growth

LW has been the subject of a number of analyst reports. Barclays reduced their price objective on Lamb Weston from $87.00 to $69.00 and set an “overweight” rating for the company in a research report on Monday, December 23rd. StockNews.com upgraded shares of Lamb Weston to a “sell” rating in a research report on Monday, February 24th. JPMorgan Chase & Co. lifted their price objective on shares of Lamb Weston from $68.00 to $78.00 and gave the company a “neutral” rating in a research report on Monday, December 16th. Jefferies Financial Group upped their target price on shares of Lamb Weston from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Tuesday, December 17th. Finally, Wells Fargo & Company dropped their price target on shares of Lamb Weston from $72.00 to $66.00 and set an “overweight” rating on the stock in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $73.55.

Lamb Weston Stock Performance

NYSE:LW opened at $59.50 on Friday. Lamb Weston has a twelve month low of $47.90 and a twelve month high of $89.51. The firm has a market cap of $8.49 billion, a price-to-earnings ratio of 23.52, a price-to-earnings-growth ratio of 1.40 and a beta of 0.48. The company has a 50-day moving average of $55.25 and a 200-day moving average of $65.60. The company has a current ratio of 1.35, a quick ratio of 0.53 and a debt-to-equity ratio of 2.26.

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

Lamb Weston Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders 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 annualized dividend and a yield of 2.49%. Lamb Weston’s payout ratio is presently 58.50%.

Insiders Place Their Bets

In related news, Director Robert A. Niblock purchased 3,000 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The stock was acquired at an average cost of $60.94 per share, for a total transaction of $182,820.00. Following the completion of the acquisition, the director now owns 26,406 shares in the company, valued at $1,609,181.64. This trade represents a 12.82 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate 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.