Lamb Weston (NYSE:LW) Updates FY 2027 Earnings Guidance

Lamb Weston (NYSE:LWGet Free Report) updated its FY 2027 earnings guidance on Friday morning. The company provided EPS guidance of 2.950-3.250 for the period, compared to the consensus earnings per share estimate of 3.020. The company issued revenue guidance of $6.6 billion-$6.7 billion, compared to the consensus revenue estimate of $6.4 billion.

Lamb Weston Trading Up 0.8%

Shares of LW opened at $49.57 on Friday. The firm’s 50-day moving average is $44.73 and its two-hundred day moving average is $44.25. The firm has a market capitalization of $6.84 billion, a P/E ratio of 23.17, a PEG ratio of 6.53 and a beta of 0.47. The company has a current ratio of 1.46, a quick ratio of 0.69 and a debt-to-equity ratio of 1.99. Lamb Weston has a twelve month low of $37.62 and a twelve month high of $67.07.

Lamb Weston (NYSE:LWGet Free Report) last issued its quarterly earnings data on Friday, July 24th. The specialty retailer reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.24. Lamb Weston had a net margin of 4.61% and a return on equity of 23.77%. The firm had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.70 billion. During the same period in the prior year, the company earned $0.87 EPS. The firm’s revenue was up 5.6% on a year-over-year basis. Lamb Weston has set its FY 2027 guidance at 2.950-3.250 EPS. On average, research analysts predict that Lamb Weston will post 2.85 earnings per share for the current fiscal year.

Lamb Weston Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 7th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, August 7th. Lamb Weston’s dividend payout ratio (DPR) is currently 71.03%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on LW shares. Wells Fargo & Company increased their price target on Lamb Weston from $46.00 to $54.00 and gave the company an “overweight” rating in a report on Wednesday, July 8th. Bank of America reduced their price objective on Lamb Weston from $49.00 to $47.00 and set a “neutral” rating on the stock in a research note on Thursday, April 2nd. Weiss Ratings reiterated a “sell (d+)” rating on shares of Lamb Weston in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft dropped their target price on Lamb Weston from $46.00 to $40.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Finally, Barclays boosted their price target on Lamb Weston from $46.00 to $50.00 and gave the stock an “overweight” rating in a research report on Tuesday. Three analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $49.27.

Read Our Latest Analysis on LW

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Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of LW. Transamerica Financial Advisors LLC grew its position in shares of Lamb Weston by 121.1% during the 4th quarter. Transamerica Financial Advisors LLC now owns 1,130 shares of the specialty retailer’s stock valued at $47,000 after buying an additional 619 shares during the last quarter. Danske Bank A S acquired a new stake in shares of Lamb Weston in the 3rd quarter worth approximately $52,000. Larson Financial Group LLC lifted its holdings in shares of Lamb Weston by 47.1% in the third quarter. Larson Financial Group LLC now owns 953 shares of the specialty retailer’s stock valued at $55,000 after buying an additional 305 shares during the period. State of Wyoming acquired a new stake in Lamb Weston during the second quarter valued at approximately $73,000. Finally, Employees Retirement System of Texas acquired a new position in shares of Lamb Weston in the 3rd quarter valued at $73,000. Hedge funds and other institutional investors own 89.56% of the company’s stock.

Lamb Weston Company Profile

(Get Free Report)

Lamb Weston, traded on the NYSE under the symbol LW, is a leading global processor and supplier of frozen potato products. The company’s portfolio includes a variety of potato-based items such as French fries, potato wedges, hash browns and specialty cuts tailored to the foodservice and retail grocery channels. Lamb Weston serves quick-service restaurants, full-service operators, grocery chains and food distributors, offering customized product formats, packaging solutions and seasoning options to meet evolving customer demands.

Founded in 1950 and headquartered in Eagle, Idaho, Lamb Weston has grown from a regional processor into one of the world’s largest producers of frozen potato products.

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Earnings History and Estimates for Lamb Weston (NYSE:LW)

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