Lamb Weston (NYSE:LW) Issues FY25 Earnings Guidance

Lamb Weston (NYSE:LW) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share guidance of $3.05-3.20 for the period, compared to the consensus earnings per share 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 subject of several research reports. Barclays boosted their price target on Lamb Weston from $70.00 to $74.00 and gave the stock an “overweight” rating in a research report on Friday, October 4th. Bank of America increased their target price on shares of Lamb Weston from $68.00 to $80.00 and gave the company a “neutral” rating in a research report on Monday, October 21st. Deutsche Bank Aktiengesellschaft began coverage on shares of Lamb Weston in a research report on Thursday, December 12th. They set a “hold” rating and a $81.00 price target on the stock. Stifel Nicolaus increased their price objective on shares of Lamb Weston from $65.00 to $80.00 and gave the company a “hold” rating in a report on Friday, October 25th. Finally, Jefferies Financial Group boosted their target price on Lamb Weston from $80.00 to $95.00 and gave the stock a “buy” rating in a report on Tuesday. One analyst has rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $84.25.

Lamb Weston Price Performance

LW stock opened at $78.22 on Thursday. Lamb Weston has a 52-week low of $52.99 and a 52-week high of $111.88. The company has a quick ratio of 0.54, a current ratio of 1.19 and a debt-to-equity ratio of 1.87. The stock has a market cap of $11.15 billion, a price-to-earnings ratio of 18.36, a price-to-earnings-growth ratio of 1.34 and a beta of 0.70. The business has a fifty day moving average of $77.11 and a two-hundred day moving average of $72.83.

Lamb Weston (NYSE:LW) last issued its quarterly earnings data on Thursday, December 19th. The specialty retailer reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.35). Lamb Weston had a return on equity of 34.33% and a net margin of 9.57%. The business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.67 billion. During the same period in the previous year, the business posted $1.45 earnings per share. The firm’s revenue for the quarter was down 7.5% compared to the same quarter last year. As a group, research analysts anticipate that Lamb Weston will post 4.26 earnings per share for the current year.

Lamb Weston Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 1st were issued 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 1.84%. Lamb Weston’s dividend 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.