Lamb Weston - LW Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lamb Weston in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LW shares.
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3 brokers have issued 1-year target prices for Lamb Weston's stock. Their LW share price forecasts range from $54.00 to $75.00. On average, they expect the company's share price to reach $67.67 in the next twelve months. This suggests that the stock has a possible downside of 17.6%.
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Lamb Weston's stock was trading at $63.38 on January 1st, 2022. Since then, LW stock has increased by 29.5% and is now trading at $82.07.
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Lamb Weston saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 2,410,000 shares, a drop of 22.8% from the July 15th total of 3,120,000 shares. Based on an average trading volume of 1,300,000 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.7% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 6th 2022.
View our LW earnings forecast.

Lamb Weston Holdings, Inc. (NYSE:LW) issued its earnings results on Thursday, January, 6th. The specialty retailer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.33 by $0.17. The specialty retailer had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1 billion. Lamb Weston had a trailing twelve-month return on equity of 78.71% and a net margin of 4.90%. Lamb Weston's revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.66 earnings per share.
Read the conference call transcript.

Lamb Weston declared a quarterly dividend on Wednesday, July 20th. Stockholders of record on Friday, August 5th will be given a dividend of $0.245 per share on Friday, September 2nd. This represents a $0.98 annualized dividend and a yield of 1.19%. The ex-dividend date is Thursday, August 4th.
Read our dividend analysis for LW.

Lamb Weston (NYSE:LW) pays an annual dividend of $0.98 per share and currently has a dividend yield of 1.19%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 71.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LW will have a dividend payout ratio of 26.13% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LW.

Lamb Weston announced that its Board of Directors has authorized a stock buyback program on Friday, December 17th 2021, which allows the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's management believes its stock is undervalued.

Lamb Weston issued an update on its FY 2023 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $2.45-$2.85 for the period, compared to the consensus EPS estimate of $1.95. The company issued revenue guidance of $4.70 billion-$4.80 billion, compared to the consensus revenue estimate of $4.02 billion.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lamb Weston investors own include Conagra Brands (CAG), RADCOM (RDCM), Walt Disney (DIS), Home Depot (HD), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), MaxLinear (MXL), Intel (INTC), NuStar Energy (NS) and AbbVie (ABBV).

Lamb Weston trades on the New York Stock Exchange (NYSE) under the ticker symbol "LW."

Lamb Weston's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include FMR LLC (4.58%), State Street Corp (3.61%), TPG GP A LLC (3.58%), London Co. of Virginia (2.57%), Thrivent Financial for Lutherans (2.51%) and Macquarie Group Ltd. (2.33%). Insiders that own company stock include Bernadette M Madarieta, Eryk J Spytek, Eryk J Spytek, Gerardo Scheufler, John C Hatto, Michael Jared Smith, Peter J Bensen, Robert A Niblock, Robert A Niblock, Robert Mcnutt, Thomas P Werner and William G Jurgensen.
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Shares of LW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LW stock can currently be purchased for approximately $82.07.

Lamb Weston (NYSE:LW) has a market capitalization of $11.80 billion and generates $4.10 billion in revenue each year. The specialty retailer earns $200.90 million in net income (profit) each year or $1.37 on an earnings per share basis.

The company employs 8,000 workers across the globe.

Lamb Weston's mailing address is 599 S. RIVERSHORE LANE, EAGLE ID, 83616. The official website for the company is www.lambweston.com. The specialty retailer can be reached via phone at (208) 938-1047 or via email at dexter.congbalay@lambweston.com.