Lamb Weston (NYSE:LW) Issues FY25 Earnings Guidance

Lamb Weston (NYSE:LW) issued an update on its FY25 earnings guidance on Thursday morning. The company provided EPS guidance of $3.05-3.20 for the period, compared to the consensus EPS estimate of $4.21. The company issued revenue guidance of $6.35-6.45 billion, compared to the consensus revenue estimate of $6.66 billion. Lamb Weston also updated its FY 2025 guidance to 3.050-3.200 EPS.

Analysts Set New Price Targets

A number of equities analysts have commented on LW shares. JPMorgan Chase & Co. boosted their price target on shares of Lamb Weston from $68.00 to $78.00 and gave the stock a “neutral” rating in a research note on Monday, December 16th. Bank of America increased their target price on Lamb Weston from $68.00 to $80.00 and gave the company a “neutral” rating in a research note on Monday, October 21st. Deutsche Bank Aktiengesellschaft began coverage on Lamb Weston in a report on Thursday, December 12th. They issued a “hold” rating and a $81.00 price objective for the company. Sanford C. Bernstein assumed coverage on Lamb Weston in a research report on Tuesday, December 3rd. They issued a “market perform” rating and a $85.00 target price for the company. Finally, Citigroup cut shares of Lamb Weston from a “buy” rating to a “neutral” rating and reduced their price target for the company from $90.00 to $68.00 in a research report on Friday. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Lamb Weston has a consensus rating of “Hold” and an average price target of $81.42.

Lamb Weston Trading Down 0.7 %

NYSE:LW opened at $62.09 on Friday. The firm has a market capitalization of $8.85 billion, a P/E ratio of 14.58, a P/E/G ratio of 1.34 and a beta of 0.70. The company has a quick ratio of 0.54, a current ratio of 1.19 and a debt-to-equity ratio of 1.87. The company has a fifty day moving average of $76.76 and a 200 day moving average of $72.58. Lamb Weston has a 52 week low of $52.99 and a 52 week high of $111.88.

Lamb Weston (NYSE:LW) last posted its earnings results on Thursday, December 19th. The specialty retailer reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.35). Lamb Weston had a return on equity of 34.33% and a net margin of 9.57%. The firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same quarter in the prior year, the company posted $1.45 earnings per share. The business’s revenue for the quarter was down 7.5% on a year-over-year basis. On average, research analysts predict that Lamb Weston will post 4.26 earnings per share for the current year.

Lamb Weston Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, January 31st will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date is Friday, January 31st. This is an increase from Lamb Weston’s previous quarterly dividend of $0.36. Lamb Weston’s dividend payout ratio is currently 56.92%.

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.