Lamb Weston (NYSE:LW) Updates FY 2027 Earnings Guidance

Lamb Weston (NYSE:LW) updated its FY 2027 earnings guidance on Friday. The company provided EPS guidance of 2.950-3.250 for the period, compared to the consensus earnings per share estimate of 3.020. The company issued revenue guidance of $6.6 billion-$6.7 billion, compared to the consensus revenue estimate of $6.4 billion.

Analyst Upgrades and Downgrades

LW has been the topic of several analyst reports. Wells Fargo & Company increased their target price on Lamb Weston from $46.00 to $54.00 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. Weiss Ratings restated a “sell (d+)” rating on shares of Lamb Weston in a research report on Wednesday, July 8th. Bank of America lowered their price target on Lamb Weston from $49.00 to $47.00 and set a “neutral” rating for the company in a research note on Thursday, April 2nd. BNP Paribas Exane reduced their price objective on shares of Lamb Weston from $48.00 to $41.00 and set a “neutral” rating on the stock in a research note on Thursday, April 2nd. Finally, Stephens assumed coverage on shares of Lamb Weston in a report on Wednesday, May 27th. They set an “equal weight” rating and a $46.00 price objective for the company. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $49.27.

Lamb Weston Stock Up 1.1%

Shares of Lamb Weston stock traded up $0.55 on Friday, hitting $49.73. The company had a trading volume of 906,133 shares, compared to its average volume of 2,390,053. The firm has a market capitalization of $6.87 billion, a P/E ratio of 22.89, a P/E/G ratio of 6.37 and a beta of 0.47. Lamb Weston has a twelve month low of $37.62 and a twelve month high of $67.07. The company has a debt-to-equity ratio of 1.99, a current ratio of 1.46 and a quick ratio of 0.69. The stock has a 50-day moving average of $44.62 and a 200-day moving average of $44.22.

Lamb Weston (NYSE:LW) last posted its quarterly earnings data on Friday, July 24th. The specialty retailer reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.24. The business had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.70 billion. Lamb Weston had a return on equity of 23.77% and a net margin of 4.61%.Lamb Weston’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period last year, the company earned $0.87 earnings per share. Lamb Weston has set its FY 2027 guidance at 2.950-3.250 EPS. Research analysts predict that Lamb Weston will post 2.85 earnings per share for the current year.

Institutional Trading of Lamb Weston

A number of institutional investors have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD raised its holdings in Lamb Weston by 27.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,824,690 shares of the specialty retailer’s stock worth $411,558,000 after acquiring an additional 2,111,874 shares in the last quarter. State Street Corp boosted 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 valued at $300,812,000 after purchasing an additional 63,865 shares during the last quarter. Invesco Ltd. grew its stake in Lamb Weston by 2.5% in the third quarter. Invesco Ltd. now owns 3,286,305 shares of the specialty retailer’s stock valued at $190,869,000 after purchasing an additional 79,257 shares in the last quarter. BROOKFIELD Corp ON increased its position in shares of Lamb Weston by 29.0% during the 4th quarter. BROOKFIELD Corp ON now owns 2,226,311 shares of the specialty retailer’s stock worth $93,260,000 after purchasing an additional 500,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Lamb Weston by 8.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,141,037 shares of the specialty retailer’s stock worth $89,688,000 after purchasing an additional 172,165 shares during the last quarter. Institutional investors own 89.56% of the company’s stock.

About Lamb Weston

Lamb Weston, traded on the NYSE under the symbol LW, is a leading global processor and supplier of frozen potato products. The company’s portfolio includes a variety of potato-based items such as French fries, potato wedges, hash browns and specialty cuts tailored to the foodservice and retail grocery channels. Lamb Weston serves quick-service restaurants, full-service operators, grocery chains and food distributors, offering customized product formats, packaging solutions and seasoning options to meet evolving customer demands.

Founded in 1950 and headquartered in Eagle, Idaho, Lamb Weston has grown from a regional processor into one of the world’s largest producers of frozen potato products.