Lamb Weston (LW) to Release Quarterly Earnings on Tuesday

Lamb Weston (NYSE:LW) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, October 1st. Analysts expect the company to announce earnings of $0.73 per share for the quarter. Lamb Weston has set its FY25 guidance at $4.35-4.85 EPS and its FY 2025 guidance at 4.350-4.850 EPS.Parties interested in listening to the company’s conference call can do so using this link.

Lamb Weston (NYSE:LW) last released its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.24 by ($0.46). Lamb Weston had a net margin of 11.22% and a return on equity of 44.06%. The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.71 billion. On average, analysts expect Lamb Weston to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Lamb Weston Price Performance

Shares of Lamb Weston stock opened at $66.80 on Friday. The stock’s 50-day simple moving average is $62.18 and its 200-day simple moving average is $78.52. Lamb Weston has a 52 week low of $52.99 and a 52 week high of $111.88. The company has a market capitalization of $9.65 billion, a price-to-earnings ratio of 8.92, a PEG ratio of 6.18 and a beta of 0.75. The company has a quick ratio of 0.59, a current ratio of 1.29 and a debt-to-equity ratio of 1.92.

Lamb Weston Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 1st will be given a $0.36 dividend. The ex-dividend date is Friday, November 1st. This represents a $1.44 annualized dividend and a dividend yield of 2.16%. Lamb Weston’s payout ratio is 19.23%.

Wall Street Analyst Weigh In

LW has been the topic of several research analyst reports. Consumer Edge downgraded Lamb Weston from an “overweight” rating to an “equal weight” rating in a research report on Friday, July 26th. JPMorgan Chase & Co. decreased their target price on Lamb Weston from $108.00 to $63.00 and set an “overweight” rating on the stock in a research report on Thursday, July 25th. The Goldman Sachs Group decreased their target price on Lamb Weston from $132.00 to $78.00 and set a “buy” rating on the stock in a research report on Thursday, July 25th. TD Cowen boosted their target price on Lamb Weston from $61.00 to $65.00 and gave the stock a “hold” rating in a research report on Tuesday, September 24th. Finally, Stifel Nicolaus downgraded Lamb Weston from a “buy” rating to a “hold” rating and decreased their target price for the stock from $115.00 to $60.00 in a research report on Thursday, July 25th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Lamb Weston has a consensus rating of “Moderate Buy” and a consensus target price of $80.70.

Insider Buying and Selling at Lamb Weston

In related news, Director William G. Jurgensen acquired 10,000 shares of the firm’s stock in a transaction on Friday, July 26th. The shares were acquired at an average cost of $55.43 per share, for a total transaction of $554,300.00. Following the completion of the transaction, the director now directly owns 173,377 shares in the company, valued at approximately $9,610,287.11. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.66% of the company’s stock.

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.