Lamb Weston (NYSE:LW) Releases FY 2027 Earnings Guidance

Lamb Weston (NYSE:LW) issued an update on its FY 2027 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 2.950-3.250 for the period, compared to the consensus earnings per share estimate of 3.020. The company issued revenue guidance of $6.6 billion-$6.7 billion, compared to the consensus revenue estimate of $6.4 billion.

Lamb Weston Stock Up 2.4%

LW stock opened at $49.17 on Friday. Lamb Weston has a fifty-two week low of $37.62 and a fifty-two week high of $67.07. The company has a debt-to-equity ratio of 1.99, a current ratio of 1.46 and a quick ratio of 0.69. The stock has a market capitalization of $6.79 billion, a price-to-earnings ratio of 22.98, a PEG ratio of 6.37 and a beta of 0.47. The business’s fifty day moving average price is $44.62 and its two-hundred day moving average price is $44.22.

Lamb Weston (NYSE:LW) last announced its earnings results on Friday, July 24th. The specialty retailer reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.25. Lamb Weston had a net margin of 4.61% and a return on equity of 23.77%. The company had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.70 billion. Lamb Weston has set its FY 2027 guidance at 2.950-3.250 EPS. On average, equities analysts anticipate that Lamb Weston will post 2.85 earnings per share for the current year.

Wall Street Analysts Forecast Growth

LW has been the topic of a number of analyst reports. JPMorgan Chase & Co. increased their target price on shares of Lamb Weston from $43.00 to $48.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Stephens started coverage on Lamb Weston in a research note on Wednesday, May 27th. They issued an “equal weight” rating and a $46.00 price target for the company. Barclays increased their price target on Lamb Weston from $46.00 to $50.00 and gave the stock an “overweight” rating in a research report on Tuesday. Wells Fargo & Company lifted their price objective on Lamb Weston from $46.00 to $54.00 and gave the company an “overweight” rating in a report on Wednesday, July 8th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Lamb Weston in a research report on Wednesday, July 8th. Three analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $49.27.

Institutional Investors Weigh In On Lamb Weston

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its stake in Lamb Weston by 29.4% during the first quarter. Royal Bank of Canada now owns 185,038 shares of the specialty retailer’s stock worth $9,862,000 after acquiring an additional 42,039 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Lamb Weston by 3.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,355 shares of the specialty retailer’s stock valued at $872,000 after purchasing an additional 549 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Lamb Weston by 19.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,490 shares of the specialty retailer’s stock valued at $181,000 after purchasing an additional 567 shares during the last quarter. Amundi grew its holdings in shares of Lamb Weston by 405.9% during the 2nd quarter. Amundi now owns 256,794 shares of the specialty retailer’s stock valued at $13,548,000 after purchasing an additional 206,034 shares during the last quarter. Finally, Gamco Investors INC. ET AL increased its position in Lamb Weston by 70.7% during the 2nd quarter. Gamco Investors INC. ET AL now owns 18,116 shares of the specialty retailer’s stock worth $939,000 after purchasing an additional 7,503 shares in the last quarter. 89.56% of the stock is currently owned by institutional investors.

About Lamb Weston

Lamb Weston, traded on the NYSE under the symbol LW, is a leading global processor and supplier of frozen potato products. The company’s portfolio includes a variety of potato-based items such as French fries, potato wedges, hash browns and specialty cuts tailored to the foodservice and retail grocery channels. Lamb Weston serves quick-service restaurants, full-service operators, grocery chains and food distributors, offering customized product formats, packaging solutions and seasoning options to meet evolving customer demands.

Founded in 1950 and headquartered in Eagle, Idaho, Lamb Weston has grown from a regional processor into one of the world’s largest producers of frozen potato products.