Lamb Weston (NYSE:LW) Announces Quarterly Earnings Results

Lamb Weston (NYSE:LW) issued its quarterly earnings data on Thursday. The specialty retailer reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.35), RTT News reports. 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 during the quarter, compared to the consensus estimate of $1.67 billion. During the same period in the previous year, the company posted $1.45 earnings per share. The company’s revenue for the quarter was down 7.5% on a year-over-year basis. Lamb Weston updated its FY 2025 guidance to 3.050-3.200 EPS and its FY25 guidance to $3.05-3.20 EPS.

Lamb Weston Trading Down 20.1 %

Shares of LW stock opened at $62.50 on Friday. Lamb Weston has a 1-year low of $52.99 and a 1-year high of $111.88. The company has a 50-day moving average of $76.94 and a two-hundred day moving average of $72.75. The firm has a market cap of $8.91 billion, a PE ratio of 14.67, a price-to-earnings-growth ratio of 1.34 and a beta of 0.70. The company has a debt-to-equity ratio of 1.87, a current ratio of 1.19 and a quick ratio of 0.54.

Lamb Weston Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 1st were paid a $0.36 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.44 annualized dividend and a dividend yield of 2.30%. Lamb Weston’s dividend payout ratio (DPR) is 33.80%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Citigroup lifted their target price on shares of Lamb Weston from $76.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Sanford C. Bernstein began coverage on shares of Lamb Weston in a research note on Tuesday, December 3rd. They set a “market perform” rating and a $85.00 price target on the stock. TD Cowen lifted their target price on shares of Lamb Weston from $61.00 to $65.00 and gave the stock a “hold” rating in a research note on Tuesday, September 24th. JPMorgan Chase & Co. raised their target price on shares of Lamb Weston from $68.00 to $78.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, Bank of America raised their target price on shares of Lamb Weston from $68.00 to $80.00 and gave the company a “neutral” rating in a research note on Monday, October 21st. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the stock. According to MarketBeat, Lamb Weston has an average rating of “Hold” and a consensus price target of $84.25.

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.