2 weeks Ago By Defense World Staff
Lamb Weston Holdings, Inc. ( NYSE:LW – Get Free Report ) has been given an average recommendation of “Moderate Buy” by the eleven brokerages that are covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company.
The average twelve-month price target among brokers that have issued a report on the stock in the last year is $80.70. A number of research firms recently issued reports on LW.
Bank of America lifted their target price on Lamb Weston from $66.00 to $68.00 and gave the stock a “neutral” rating in a report on Tuesday, September 17th.
JPMorgan Chase & Co. dropped their target price on shares of Lamb Weston from $108.00 to $63.
00 and set an “overweight” rating on the stock in a report on Thursday, July 25th. Barclays reduced their target price on shares of Lamb Weston from $96.00 to $70.
00 and set an “overweight” rating for the company in a report on Friday, July 26th. TD Cowen upped their price target on Lamb Weston from $61.00 to $65.
00 and gave the company a “hold” rating in a report on Tuesday, September 24th. Finally, The Goldman Sachs Group cut their price objective on Lamb Weston from $132.00 to $78.
00 and set a “buy” rating for the company in a research report on Thursday, July 25th. View Our Latest Stock Analysis on Lamb Weston Insider Buying and Selling Institutional Investors Weigh In On Lamb Weston Several institutional investors have recently made changes to their positions in LW. Avantax Advisory Services Inc.
boosted its holdings in Lamb Weston by 3.7% in the first quarter. Avantax Advisory Services Inc.
now owns 3,806 shares of the specialty retailer’s stock worth $405,000 after purchasing an additional 135 shares in the last quarter. Somerset Trust Co increased its holdings in shares of Lamb Weston by 4.5% during the 1st quarter.
Somerset Trust Co now owns 3,401 shares of the specialty retailer’s stock valued at $362,000 after acquiring an additional 145 shares during the last quarter. Camarda Financial Advisors LLC raised its stake in shares of Lamb Weston by 0.9% in the 1st quarter.
Camarda Financial Advisors LLC now owns 16,389 shares of the specialty retailer’s stock valued at $1,746,000 after acquiring an additional 151 shares in the last quarter. Whittier Trust Co. of Nevada Inc.
lifted its holdings in Lamb Weston by 31.8% in the 1st quarter. Whittier Trust Co.
of Nevada Inc. now owns 655 shares of the specialty retailer’s stock worth $70,000 after purchasing an additional 158 shares during the last quarter. Finally, Summit Financial Wealth Advisors LLC boosted its position in Lamb Weston by 1.
2% during the first quarter. Summit Financial Wealth Advisors LLC now owns 13,556 shares of the specialty retailer’s stock worth $1,444,000 after purchasing an additional 161 shares during the period. 89.
56% of the stock is currently owned by institutional investors and hedge funds. Lamb Weston Trading Up 0.5 % Shares of NYSE:LW opened at $66.
80 on Monday. The company has a 50 day moving average of $62.18 and a 200-day moving average of $78.
18. The company has a current ratio of 1.29, a quick ratio of 0.
59 and a debt-to-equity ratio of 1.92. The firm has a market cap of $9.
65 billion, a P/E ratio of 8.92, a P/E/G ratio of 6.18 and a beta of 0.
75. Lamb Weston has a twelve month low of $52.99 and a twelve month high of $111.
88. Lamb Weston ( NYSE:LW – Get Free Report ) last released its earnings results on Wednesday, July 24th. The specialty retailer reported $0.
78 earnings per share for the quarter, missing analysts’ consensus estimates of $1.24 by ($0.46).
Lamb Weston had a return on equity of 44.06% and a net margin of 11.22%.
The firm had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.71 billion.
As a group, analysts anticipate that Lamb Weston will post 4.54 earnings per share for the current fiscal year. Lamb Weston Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th.
Stockholders of record on Friday, November 1st will be issued a $0.36 dividend. The ex-dividend date is Friday, November 1st.
This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.16%.
Lamb Weston’s dividend payout ratio is 19.23%. About Lamb Weston ( Get Free Report 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. Recommended Stories Five stocks we like better than Lamb Weston How is Compound Interest Calculated? Simon Property REIT: A Safe Bet for Growth and Steady Dividends How to Know if a Stock Pays Dividends and When They Are Paid Out CarMax’s Impressive Rally: What Investors Should Watch Next Best Aerospace Stocks Investing MarketBeat Week in Review – 9/23 – 9/27 Receive News & Ratings for Lamb Weston Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lamb Weston and related companies with MarketBeat.
com's FREE daily email newsletter ..
