Market Update: Lamb Weston Holdings Inc (LW) Sees Negative Movement, Closing at 80.36

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In the latest session, Lamb Weston Holdings Inc (NYSE: LW) closed at $80.36 down -2.07% from its previous closing price of $82.06. In other words, the price has decreased by -$2.07 from its previous closing price. On the day, 2.98 million shares were traded. LW stock price reached its highest trading level at $82.75 during the session, while it also had its lowest trading level at $80.33.

Ratios:

For a deeper understanding of Lamb Weston Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 1.19. In the meantime, Its Debt-to-Equity ratio is 2.21 whereas as Long-Term Debt/Eq ratio is at 1.81.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Exane BNP Paribas on March 11, 2024, initiated with a Outperform rating and assigned the stock a target price of $128.

On February 01, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $132.

On December 12, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $120.Wells Fargo initiated its Overweight rating on December 12, 2023, with a $120 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 16 ’23 when JURGENSEN WILLIAM G bought 3,000 shares for $84.35 per share. The transaction valued at 253,050 led to the insider holds 162,835 shares of the business.

Spytek Eryk J sold 6,319 shares of LW for $652,310 on Aug 02 ’23. The GEN COUNSEL & CHIEF COMPL OFF now owns 1,052 shares after completing the transaction at $103.23 per share. On May 19 ’23, another insider, Miller Sharon L., who serves as the SENIOR VICE PRESIDENT of the company, sold 4,350 shares for $115.00 each. As a result, the insider received 500,250 and left with 49,859 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LW now has a Market Capitalization of 11603261440 and an Enterprise Value of 15421762560. As of this moment, Lamb’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.74, and their Forward P/E ratio for the next fiscal year is 12.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.77 while its Price-to-Book (P/B) ratio in mrq is 6.60. Its current Enterprise Value per Revenue stands at 2.354 whereas that against EBITDA is 11.239.

Stock Price History:

The Beta on a monthly basis for LW is 0.79, which has changed by -0.270648 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. Over the past 52 weeks, LW has reached a high of $117.38, while it has fallen to a 52-week low of $77.41. The 50-Day Moving Average of the stock is -18.46%, while the 200-Day Moving Average is calculated to be -19.44%.

Shares Statistics:

For the past three months, LW has traded an average of 2.34M shares per day and 6647750 over the past ten days. A total of 145.67M shares are outstanding, with a floating share count of 141.43M. Insiders hold about 2.05% of the company’s shares, while institutions hold 90.22% stake in the company. Shares short for LW as of 1711584000 were 3793828 with a Short Ratio of 1.62, compared to 1709164800 on 4150526. Therefore, it implies a Short% of Shares Outstanding of 3793828 and a Short% of Float of 2.9899999999999998.

Dividends & Splits

According to the company, the forward annual dividend rate for LW is 1.20, from 1.2 in the trailing year. The stock’s 5-year Average Dividend Yield is 1.22.

Earnings Estimates

As of right now, 10 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.26 for the current quarter, with a high estimate of $1.31 and a low estimate of $1.18, while EPS last year was $1.22. The consensus estimate for the next quarter is $1.45, with high estimates of $1.53 and low estimates of $1.37.

Analysts are recommending an EPS of between $5.6 and $5.48 for the fiscal current year, implying an average EPS of $5.55. EPS for the following year is $6.25, with 9 analysts recommending between $6.54 and $6.

Revenue Estimates

A total of 10 analysts believe the company’s revenue will be $1.71B this quarter.It ranges from a high estimate of $1.72B to a low estimate of $1.69B. As of the current estimate, Lamb Weston Holdings Inc’s year-ago sales were $1.69B, an estimated increase of 0.90% from the year-ago figure.

A total of 11 analysts have provided revenue estimates for LW’s current fiscal year. The highest revenue estimate was $6.58B, while the lowest revenue estimate was $6.54B, resulting in an average revenue estimate of $6.56B. In the same quarter a year ago, actual revenue was $5.35B, up 22.70% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $6.83B in the next fiscal year. The high estimate is $7.02B and the low estimate is $6.68B. The average revenue growth estimate for next year is up 4.10% from the average revenue estimate for this year.

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