Lamb Weston (NYSE:LW) Raised to Buy at Wall Street Zen

by · The Markets Daily

Lamb Weston (NYSE:LW – Get Free Report) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

A number of other equities analysts have also recently commented on the company. Stifel Nicolaus lifted their price target on Lamb Weston from $45.00 to $52.00 and gave the stock a “hold” rating in a report on Monday, July 27th. Sanford C. Bernstein upped their price objective on Lamb Weston from $42.00 to $57.00 and gave the company a “market perform” rating in a research note on Tuesday, July 28th. Barclays raised their price objective on Lamb Weston from $50.00 to $56.00 and gave the company an “overweight” rating in a research report on Monday, July 27th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $52.00 target price on shares of Lamb Weston in a research note on Monday, July 27th. Finally, Wells Fargo & Company boosted their target price on Lamb Weston from $54.00 to $57.00 and gave the stock an “overweight” rating in a report on Monday, July 27th. Three equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $53.36.

Read Our Latest Research Report on LW

Lamb Weston Stock Performance

Shares of LW stock opened at $52.62 on Friday. The stock has a market cap of $7.23 billion, a P/E ratio of 25.30, a P/E/G ratio of 2.35 and a beta of 0.47. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.42 and a quick ratio of 0.74. The company has a fifty day moving average price of $45.80 and a two-hundred day moving average price of $44.71. Lamb Weston has a one year low of $37.62 and a one year high of $67.07.

Lamb Weston (NYSE:LW – Get Free Report) last released its quarterly earnings data on Friday, July 24th. The specialty retailer reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.24. The company had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.70 billion. Lamb Weston had a net margin of 4.39% and a return on equity of 23.33%. Lamb Weston’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.87 EPS. Lamb Weston has set its FY 2027 guidance at 2.950-3.250 EPS. As a group, equities analysts predict that Lamb Weston will post 3.05 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. MCF Advisors LLC boosted its holdings in shares of Lamb Weston by 44.2% during the fourth quarter. MCF Advisors LLC now owns 649 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 199 shares during the period. Hantz Financial Services Inc. increased its stake in shares of Lamb Weston by 380.7% during the fourth quarter. Hantz Financial Services Inc. now owns 721 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 571 shares during the period. Transamerica Financial Advisors LLC lifted its holdings in Lamb Weston by 121.1% during the 4th quarter. Transamerica Financial Advisors LLC now owns 1,130 shares of the specialty retailer’s stock worth $47,000 after purchasing an additional 619 shares during the last quarter. Eagle Bay Advisors LLC acquired a new stake in Lamb Weston during the 4th quarter worth approximately $48,000. Finally, SJS Investment Consulting Inc. boosted its stake in Lamb Weston by 4,512.0% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,153 shares of the specialty retailer’s stock valued at $49,000 after purchasing an additional 1,128 shares during the period. 89.56% of the stock is owned by institutional investors.

Lamb Weston Company Profile

(Get Free Report)

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.

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