Lamb Weston (NYSE:LW) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Lamb Weston (NYSE:LW) has received a consensus recommendation of "Hold" from ten research firms, with seven holding and three giving a buy rating, and an average price target of $65.30.
• The company reported $0.87 earnings per share for the last quarter, exceeding analysts' expectations of $0.64, and achieved revenues of $1.68 billion, marking a 4% increase compared to the previous year.
• Lamb Weston announced a quarterly dividend of $0.37, representing an annualized yield of 2.6%, with a current dividend payout ratio of 58.96%.

Shares of Lamb Weston (NYSE:LW - Get Free Report) have received an average rating of "Hold" from the ten research firms that are presently covering the firm, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $65.30.

LW has been the topic of a number of research reports. Bank of America dropped their price target on shares of Lamb Weston from $60.00 to $56.00 and set a "neutral" rating on the stock in a research note on Wednesday, June 18th. JPMorgan Chase & Co. initiated coverage on shares of Lamb Weston in a report on Wednesday, August 20th. They issued a "neutral" rating and a $57.00 price objective for the company. Wells Fargo & Company upped their price objective on shares of Lamb Weston from $65.00 to $66.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Finally, Barclays upped their price objective on shares of Lamb Weston from $61.00 to $68.00 and gave the stock an "overweight" rating in a report on Friday, July 25th.

Institutional Investors Weigh In On Lamb Weston

A number of large investors have recently bought and sold shares of LW. Valeo Financial Advisors LLC bought a new stake in Lamb Weston during the second quarter valued at about $16,209,000. Osaic Holdings Inc. boosted its holdings in Lamb Weston by 77.2% during the second quarter. Osaic Holdings Inc. now owns 57,590 shares of the specialty retailer's stock valued at $2,990,000 after acquiring an additional 25,095 shares during the period. Marex Group plc bought a new stake in Lamb Weston during the second quarter valued at about $259,000. Advisory Services Network LLC boosted its holdings in Lamb Weston by 6.3% during the second quarter. Advisory Services Network LLC now owns 7,440 shares of the specialty retailer's stock valued at $425,000 after acquiring an additional 440 shares during the period. Finally, State of Wyoming bought a new stake in Lamb Weston during the second quarter valued at about $73,000. 89.56% of the stock is currently owned by institutional investors.

Lamb Weston Trading Down 1.1%

NYSE LW opened at $56.51 on Monday. Lamb Weston has a 1-year low of $47.87 and a 1-year high of $83.98. The company has a current ratio of 1.38, a quick ratio of 0.68 and a debt-to-equity ratio of 2.12. The company has a market capitalization of $7.87 billion, a PE ratio of 22.51, a price-to-earnings-growth ratio of 2.33 and a beta of 0.49. The firm's fifty day simple moving average is $54.61 and its 200-day simple moving average is $53.68.

Lamb Weston (NYSE:LW - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.87 earnings per share for the quarter, topping analysts' consensus estimates of $0.64 by $0.23. Lamb Weston had a net margin of 5.54% and a return on equity of 27.99%. The business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the prior year, the business posted $0.78 earnings per share. Lamb Weston's revenue for the quarter was up 4.0% compared to the same quarter last year. Lamb Weston has set its FY 2026 guidance at EPS. As a group, sell-side analysts anticipate that Lamb Weston will post 3.1 earnings per share for the current fiscal year.

Lamb Weston Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 1st were issued a $0.37 dividend. The ex-dividend date was Friday, August 1st. This represents a $1.48 dividend on an annualized basis and a yield of 2.6%. Lamb Weston's dividend payout ratio is currently 58.96%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.