Lamb Weston (NYSE:LW) Raised to "Strong-Buy" at Zacks Research

Key Points

• Analysts at Zacks Research upgraded Lamb Weston from a "hold" rating to a "strong-buy" rating, providing earnings estimates for FY2026 and FY2027.
• Several other firms also updated their ratings and price targets for Lamb Weston, with Barclays increasing their target from $61 to $68, reflecting a positive outlook.
• Despite the upgrade, analysts' consensus rating remains at "Hold" with a price target of $65.70, indicating mixed sentiments among investors.

Lamb Weston (NYSE:LW - Get Free Report) was upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating in a research report issued to clients and investors on Monday,Zacks.com reports. Zacks Research also issued estimates for Lamb Weston's Q2 2026 earnings at $0.69 EPS, Q4 2026 earnings at $0.87 EPS, FY2026 earnings at $3.19 EPS, Q1 2027 earnings at $0.90 EPS, Q2 2027 earnings at $0.83 EPS and FY2027 earnings at $3.58 EPS.

LW has been the subject of several other research reports. Cfra Research upgraded Lamb Weston to a "hold" rating in a report on Thursday, October 2nd. Barclays raised their price target on Lamb Weston from $61.00 to $68.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Sanford C. Bernstein set a $65.00 price objective on Lamb Weston and gave the stock a "market perform" rating in a research note on Wednesday, October 1st. Weiss Ratings cut shares of Lamb Weston from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Wednesday, October 8th. Finally, Bank of America upped their price target on shares of Lamb Weston from $60.00 to $66.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $65.70.

Lamb Weston Price Performance

Shares of LW opened at $64.83 on Monday. The company has a quick ratio of 0.77, a current ratio of 1.49 and a debt-to-equity ratio of 2.05. Lamb Weston has a twelve month low of $47.87 and a twelve month high of $83.98. The stock has a market capitalization of $9.03 billion, a P/E ratio of 31.00, a P/E/G ratio of 4.36 and a beta of 0.52. The company has a 50 day moving average of $58.33 and a 200-day moving average of $55.04.

Lamb Weston (NYSE:LW - Get Free Report) last announced its quarterly earnings data on Thursday, August 24th. The specialty retailer reported $0.64 EPS for the quarter. The business had revenue of $1.15 billion for the quarter. Lamb Weston had a net margin of 4.56% and a return on equity of 28.08%. As a group, equities research analysts forecast that Lamb Weston will post 3.1 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Lamb Weston by 2.6% during the first quarter. Vanguard Group Inc. now owns 17,072,932 shares of the specialty retailer's stock worth $909,987,000 after buying an additional 426,045 shares in the last quarter. State Street Corp increased its position in Lamb Weston by 1.1% during the second quarter. State Street Corp now owns 5,801,585 shares of the specialty retailer's stock worth $300,812,000 after acquiring an additional 63,865 shares during the period. Price T Rowe Associates Inc. MD raised its stake in Lamb Weston by 49.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,500,503 shares of the specialty retailer's stock worth $239,877,000 after purchasing an additional 1,483,559 shares in the last quarter. Invesco Ltd. boosted its holdings in Lamb Weston by 25.7% in the 1st quarter. Invesco Ltd. now owns 4,055,902 shares of the specialty retailer's stock valued at $216,180,000 after purchasing an additional 829,207 shares during the period. Finally, Clarkston Capital Partners LLC grew its position in shares of Lamb Weston by 21.1% during the 1st quarter. Clarkston Capital Partners LLC now owns 3,721,559 shares of the specialty retailer's stock worth $198,359,000 after purchasing an additional 648,855 shares in the last quarter. 89.56% of the stock is owned by institutional investors and hedge funds.

Lamb Weston Company Profile

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.

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