Lamb Weston (NYSE:LW) Issues FY25 Earnings Guidance

Lamb Weston (NYSE:LW) updated its FY25 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $3.05-3.20 for the period, compared to the consensus 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

LW has been the topic of a number of research analyst reports. Bank of America boosted their price target on Lamb Weston from $68.00 to $80.00 and gave the stock a “neutral” rating in a research note on Monday, October 21st. Stifel Nicolaus raised their price target on shares of Lamb Weston from $65.00 to $80.00 and gave the stock a “hold” rating in a report on Friday, October 25th. Jefferies Financial Group lifted their price objective on shares of Lamb Weston from $80.00 to $95.00 and gave the stock a “buy” rating in a research note on Tuesday. TD Cowen upped their target price on Lamb Weston from $61.00 to $65.00 and gave the company a “hold” rating in a research report on Tuesday, September 24th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Lamb Weston in a research report on Thursday, December 12th. They set a “hold” rating and a $81.00 price target for the company. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $84.25.

Lamb Weston Stock Down 5.0 %

Shares of LW stock opened at $78.22 on Thursday. The company has a current ratio of 1.19, a quick ratio of 0.54 and a debt-to-equity ratio of 1.87. Lamb Weston has a twelve month low of $52.99 and a twelve month high of $111.88. The stock has a 50 day moving average of $77.11 and a 200 day moving average of $72.83. The stock has a market cap of $11.15 billion, a P/E ratio of 18.36, a P/E/G ratio of 1.34 and a beta of 0.70.

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 the consensus estimate of $1.01 by ($0.35). Lamb Weston had a net margin of 9.57% and a return on equity of 34.33%. The firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same period last year, the firm earned $1.45 earnings per share. Lamb Weston’s revenue for the quarter was down 7.5% compared to the same quarter last year. As a group, sell-side analysts expect that Lamb Weston will post 4.26 EPS for the current year.

Lamb Weston Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 1st were paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.84%. The ex-dividend date was Friday, November 1st. Lamb Weston’s payout ratio is currently 33.80%.

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.