Lamb Weston Q2 Earnings Forecast Raised by Zacks Research

Lamb Weston (NYSE:LW) – Equities researchers at Zacks Research increased their Q2 2027 earnings estimates for shares of Lamb Weston in a report issued on Friday, October 16th. Zacks Research analyst Team now anticipates that the specialty retailer will post earnings of $0.87 per share for the quarter, up from their previous forecast of $0.77. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Lamb Weston’s current full-year earnings is $3.24 per share. Zacks Research also issued estimates for Lamb Weston’s FY2027 earnings at $3.29 EPS, Q3 2028 earnings at $1.01 EPS, FY2028 earnings at $3.50 EPS, Q1 2029 earnings at $0.78 EPS and FY2029 earnings at $3.77 EPS.

Other analysts have also recently issued reports about the company. Stephens upped their price objective on Lamb Weston from $50.00 to $55.00 and gave the stock an “equal weight” rating in a report on Thursday, October 8th. Barclays increased their target price on Lamb Weston from $56.00 to $58.00 and gave the company an “overweight” rating in a research report on Thursday, October 8th. JPMorgan Chase & Co. raised their target price on shares of Lamb Weston from $46.00 to $53.00 and gave the company a “neutral” rating in a report on Wednesday, October 7th. Wells Fargo & Company reduced their price target on shares of Lamb Weston from $57.00 to $54.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 7th. Finally, Sanford C. Bernstein boosted their price target on shares of Lamb Weston from $42.00 to $57.00 and gave the stock a “market perform” rating in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $53.82.

Lamb Weston Price Performance

NYSE:LW opened at $53.70 on Monday. The company has a current ratio of 1.45, a quick ratio of 0.77 and a debt-to-equity ratio of 1.98. The company has a market capitalization of $7.40 billion, a P/E ratio of 17.64, a P/E/G ratio of 1.93 and a beta of 0.49. Lamb Weston has a 12 month low of $37.62 and a 12 month high of $67.07. The business’s 50-day moving average is $49.73 and its 200 day moving average is $46.76.

Lamb Weston (NYSE:LW) last issued its quarterly earnings data on Tuesday, October 6th. The specialty retailer reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.16. Lamb Weston had a return on equity of 23.27% and a net margin of 3.85%. The firm had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.65 billion. During the same quarter last year, the business posted $0.74 earnings per share. The business’s quarterly revenue was up .7% compared to the same quarter last year. Lamb Weston has set its FY 2027 guidance at 3.050-3.350 EPS.

Lamb Weston Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Friday, November 6th will be paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, November 6th. Lamb Weston’s payout ratio is currently 83.06%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Nisa Investment Advisors LLC lifted its holdings in shares of Lamb Weston by 12.9% during the 3rd quarter. Nisa Investment Advisors LLC now owns 55,895 shares of the specialty retailer’s stock valued at $2,330,000 after purchasing an additional 6,401 shares during the last quarter. Walser Wealth Management Company A Ltd Liability Co grew its stake in Lamb Weston by 14.7% during the 3rd quarter. Walser Wealth Management Company A Ltd Liability Co now owns 9,214 shares of the specialty retailer’s stock worth $384,000 after buying an additional 1,180 shares during the last quarter. Curated Wealth Partners LLC purchased a new position in Lamb Weston during the 3rd quarter worth $212,000. Contravisory Investment Management Inc. acquired a new position in Lamb Weston during the 3rd quarter valued at about $57,000. Finally, NorthCrest Asset Manangement LLC increased its position in Lamb Weston by 18.5% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 8,030 shares of the specialty retailer’s stock valued at $335,000 after buying an additional 1,254 shares in the last quarter. Institutional investors own 89.56% of the company’s stock.

Lamb Weston Company Profile

Lamb Weston Holdings, Inc (NYSE:LW) is a global producer and distributor of frozen potato products. The company supplies French fries, potato wedges, hash browns, tater tots, mashed potatoes, sweet potato products and other potato-based offerings to foodservice operators, restaurants, retailers and institutional customers.

Lamb Weston serves customers in North America and international markets through a portfolio of branded, licensed and customer-specific products. Its offerings are used by restaurants, schools, hospitals, hotels and other foodservice establishments, as well as sold through retail and grocery channels.