Lamb Weston (LW) – What Are Brokerages Saying About This Stock?

Lamb Weston (NYSE:LW – Get Free Report) has been given a consensus rating of “Hold” by the thirteen brokerages that are covering the stock, MarketBeat.com reports. Nine analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $53.82.

LW has been the topic of a number of recent analyst reports. Wall Street Zen cut shares of Lamb Weston from a “buy” rating to a “hold” rating in a research note on Saturday, October 3rd. Sanford C. Bernstein upped their price objective on shares of Lamb Weston from $42.00 to $57.00 and gave the stock a “market perform” rating in a report on Tuesday, July 28th. Weiss Ratings upgraded shares of Lamb Weston from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $53.00 target price on shares of Lamb Weston in a research report on Wednesday, October 7th. Finally, Stephens raised their target price on shares of Lamb Weston from $50.00 to $55.00 and gave the company an “equal weight” rating in a research note on Thursday, October 8th.

Read Our Latest Research Report on LW

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in LW. Sterling Capital Management LLC increased its stake in shares of Lamb Weston by 80.2% during the third quarter. Sterling Capital Management LLC now owns 9,478 shares of the specialty retailer’s stock valued at $395,000 after acquiring an additional 4,217 shares during the period. Root Financial Partners LLC bought a new stake in Lamb Weston during the third quarter worth approximately $66,000. Crossmark Global Holdings Inc. acquired a new stake in Lamb Weston in the third quarter worth approximately $242,000. Nisa Investment Advisors LLC lifted its position in Lamb Weston by 12.9% in the third quarter. Nisa Investment Advisors LLC now owns 55,895 shares of the specialty retailer’s stock worth $2,330,000 after purchasing an additional 6,401 shares during the period. Finally, Walser Wealth Management Company A Ltd Liability Co lifted its position in Lamb Weston by 14.7% in the third quarter. Walser Wealth Management Company A Ltd Liability Co now owns 9,214 shares of the specialty retailer’s stock worth $384,000 after purchasing an additional 1,180 shares during the period. 89.56% of the stock is currently owned by institutional investors.

Lamb Weston Stock Down 0.4%

Shares of Lamb Weston stock opened at $53.59 on Tuesday. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.45 and a quick ratio of 0.77. Lamb Weston has a 1-year low of $37.62 and a 1-year high of $67.07. The business’s fifty day moving average price is $49.85 and its two-hundred day moving average price is $46.33. The company has a market capitalization of $7.38 billion, a P/E ratio of 29.29, a PEG ratio of 1.95 and a beta of 0.49.

Lamb Weston (NYSE:LW – Get Free Report) last released its quarterly earnings results on Tuesday, October 6th. The specialty retailer reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.16. Lamb Weston had a return on equity of 23.27% and a net margin of 3.85%. The company had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same quarter in the prior year, the business posted $0.74 earnings per share. The company’s revenue for the quarter was up .7% compared to the same quarter last year. Lamb Weston has set its FY 2027 guidance at 3.050-3.350 EPS. As a group, research analysts forecast that Lamb Weston will post 3.24 EPS for the current year.

Lamb Weston Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Friday, November 6th will be paid a $0.38 dividend. 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 dividend payout ratio is currently 83.06%.

About Lamb Weston

(Get Free Report)

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.

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Analyst Recommendations for Lamb Weston (NYSE:LW)

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