Lamb Weston posted sales of $768.50 million in the same quarter last year, which would indicate a positive year over year growth rate of 5%. For the next year, analysts expect that the business will post sales of $3.48 billion per share, with estimates ranging from $3.44 billion to $3.53 billion. Zacks' EPS averages are a mean average based on a survey of research analysts that cover Lamb Weston.
Earnings per Share (EPS) are the part of a company's profit allocated to respectively outstanding share of common stock. Lamb Weston had a net margin of 11.75% and a negative return on equity of 69.53%. Notwithstanding that, the firm is seeing a foremost top-line progress, with their year-over-year quarterly revenue increasing by 4.30%. The firm's quarterly revenue was up 12.3% compared to the same quarter past year.
LW has been the subject of several recent analyst reports. Stifel Nicolaus reiterated a "hold" rating and issued a $64.00 price objective (up from $58.00) on shares of Lamb Weston in a research note on Monday, January 22nd. Finally, Morgan Stanley lifted their price objective on Lamb Weston from $61.00 to $64.00 and gave the stock an "equal weight" rating in a research note on Friday. The rating has been disclosed to clients in a research note on 6 April. Investors seem to be very interested in what happens to the stocks of these two companies but do investors favor one over the other? To ascertain 10-Months Price Index, simply dividing current price of the stock by the 10-Months back price.
Shares of LW opened at $61.78 on Friday. Lamb Weston Holdings, Inc. Current price places the company's stock 20.21% away from its 200-day simple moving average, 9.2%, away from the 50-day average and also 8.78% away from 20-day average. The last close places the company's stock about $2.86 off its 52 week high of $9.79 and $1.53 above the 52 week low of $5.4. Investors of record on Friday, May 4th will be given a dividend of $0.1913 per share.
Lamb Weston has a payout ratio of 31.7% indicating that its dividend is sufficiently covered by earnings.
Performance Review: Over the last 5.0 days, Lamb Weston Holdings, Inc. "So the ability of the equity markets to push significantly lower is going to be limited", said John Brady, senior vice president at R.J. Following the completion of the acquisition, the director now owns 1,935 shares of the company's stock, valued at approximately $112,578.30.
Institutional Ownership/ Insider Ownership: Lamb Weston Holdings, Inc. institutional ownership is held at 83.1% while insider ownership was 0.4%.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 1st. The stock was bought at an average cost of $58.18 per share, with a total value of $290,900.00.
Short interest or otherwise called the percentage of a stock's tradable shares now being shorted is another data that investors use to get a handle on sentiment. Employees Retirement System of Texas raised its position in shares of Lamb Weston by 49.9% in the fourth quarter. William Blair Investment Management LLC increased its stake in Lamb Weston by 12.5% in the 4th quarter. The number of shares now owned by investors are 146.3 mln. Finally, Sei Investments Co. raised its position in shares of Lamb Weston by 3.4% in the fourth quarter. Phocas Financial Corp. now owns 6,600 shares of the specialty retailer's stock worth $373,000 after buying an additional 2,050 shares during the period.
Eye Catching Stocks: Lamb Weston Holdings, Inc. If you are reading this article on another website, it was stolen and republished in violation of United States & global copyright law.
The value there would make it reasonable for the investors to decide the dimensions of Lamb Weston Holdings, Inc. not at all like the standard sales or statistics of their aggregate resources. The price/earnings ratio (P/E) is 28.41 and the forward P/E ratio stands at 20.99. The Global segment includes operations associated with Lamb Weston's business with large chain restaurant customers, whether those results are generated in the United States or overseas, as well as operations associated with retail and foodservice customers located outside of the United States and Canada.