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

Lamb Weston (NYSE:LW) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.050-3.200 for the period, compared to the consensus 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 Stock Up 9.9 %

Shares of NYSE:LW opened at $59.50 on Friday. The stock has a market cap of $8.49 billion, a P/E ratio of 23.52, a price-to-earnings-growth ratio of 1.40 and a beta of 0.48. The company has a quick ratio of 0.53, a current ratio of 1.35 and a debt-to-equity ratio of 2.26. The business’s 50 day moving average is $55.25 and its 200 day moving average is $65.60. Lamb Weston has a 52-week low of $47.90 and a 52-week high of $89.51.

Lamb Weston (NYSE:LW) last announced its quarterly earnings data on Thursday, April 3rd. The specialty retailer reported $1.10 EPS for the quarter, beating the consensus estimate of $0.87 by $0.23. The firm had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. Lamb Weston had a net margin of 5.80% and a return on equity of 27.82%. Lamb Weston’s revenue was up 4.3% on a year-over-year basis. During the same period last year, the firm posted $1.20 EPS. Sell-side analysts predict that Lamb Weston will post 3.1 EPS for the current year.

Lamb Weston Announces Dividend

The firm also recently declared 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. This represents a $1.48 annualized dividend and a yield of 2.49%. The ex-dividend date of this dividend is Friday, May 2nd. Lamb Weston’s payout ratio is 58.50%.

Analyst Ratings Changes

LW has been the topic of a number of recent research reports. Citigroup downgraded Lamb Weston from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $90.00 to $68.00 in a research note on Friday, December 20th. JPMorgan Chase & Co. raised their price objective 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. StockNews.com upgraded shares of Lamb Weston to a “sell” rating in a research note on Monday, February 24th. Jefferies Financial Group upped their price objective 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, Stifel Nicolaus cut their price target on Lamb Weston from $80.00 to $68.00 and set a “hold” rating for the company in a research note on Friday, December 20th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Lamb Weston has a consensus rating of “Hold” and an average price target of $73.55.

Insiders Place Their Bets

In other Lamb Weston news, Director Robert A. Niblock acquired 3,000 shares of the business’s stock in a transaction on Monday, January 13th. The stock was bought at an average price of $60.94 per share, for a total transaction of $182,820.00. Following the acquisition, the director now owns 26,406 shares in the company, valued at approximately $1,609,181.64. The trade was a 12.82 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 0.72% of the stock is currently owned by corporate insiders.

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.