Q2 EPS Estimates for Lamb Weston Increased by Zacks Research

Lamb Weston (NYSE:LW) – Investment analysts at Zacks Research increased their Q2 2027 earnings per share (EPS) estimates for shares of Lamb Weston in a note issued to investors on Friday, October 16th. Zacks Research analyst Team now expects that the specialty retailer will earn $0.87 per share for the quarter, up from their prior forecast of $0.77. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Lamb Weston’s current full-year earnings is $3.24 per share. Zacks Research also issued estimates for Lamb Weston’s FY2027 earnings at $3.29 EPS, Q3 2028 earnings at $1.01 EPS, FY2028 earnings at $3.50 EPS, Q1 2029 earnings at $0.78 EPS and FY2029 earnings at $3.77 EPS.

Lamb Weston (NYSE:LW) last announced its earnings results on Tuesday, October 6th. The specialty retailer reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.16. Lamb Weston had a return on equity of 23.27% and a net margin of 3.85%. The firm had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same quarter in the previous year, the business earned $0.74 EPS. The firm’s revenue for the quarter was up .7% on a year-over-year basis. Lamb Weston has set its FY 2027 guidance at 3.050-3.350 EPS.

A number of other equities analysts have also issued reports on LW. Wells Fargo & Company decreased their target price on shares of Lamb Weston from $57.00 to $54.00 and set an “overweight” rating for the company in a research report on Wednesday, October 7th. Weiss Ratings cut shares of Lamb Weston from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. JPMorgan Chase & Co. boosted their price target on shares of Lamb Weston from $46.00 to $53.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 7th. Stephens upped their price target on shares of Lamb Weston from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 8th. Finally, Barclays increased their price objective on shares of Lamb Weston from $56.00 to $58.00 and gave the company an “overweight” rating in a report on Thursday, October 8th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $53.82.

Lamb Weston Price Performance

Shares of NYSE LW opened at $53.59 on Monday. Lamb Weston has a fifty-two week low of $37.62 and a fifty-two week high of $67.07. The firm’s 50-day simple moving average is $49.71 and its 200 day simple moving average is $46.65. The company has a quick ratio of 0.77, a current ratio of 1.45 and a debt-to-equity ratio of 1.98. The stock has a market cap of $7.38 billion, a P/E ratio of 17.69, a P/E/G ratio of 1.94 and a beta of 0.49.

Lamb Weston Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 6th will be paid a $0.38 dividend. The ex-dividend date of this dividend is Friday, November 6th. This represents a $1.52 dividend on an annualized basis and a yield of 2.8%. Lamb Weston’s dividend payout ratio (DPR) is currently 83.06%.

Institutional Trading of Lamb Weston

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Walser Wealth Management Company A Ltd Liability Co grew its position in Lamb Weston by 14.7% during the 3rd quarter. Walser Wealth Management Company A Ltd Liability Co now owns 9,214 shares of the specialty retailer’s stock worth $384,000 after purchasing an additional 1,180 shares in the last quarter. Curated Wealth Partners LLC purchased a new stake in shares of Lamb Weston in the third quarter valued at $212,000. Contravisory Investment Management Inc. purchased a new stake in shares of Lamb Weston in the third quarter valued at $57,000. NorthCrest Asset Manangement LLC boosted its position in shares of Lamb Weston by 18.5% in the third quarter. NorthCrest Asset Manangement LLC now owns 8,030 shares of the specialty retailer’s stock worth $335,000 after buying an additional 1,254 shares during the period. Finally, Wedmont Private Capital acquired a new stake in shares of Lamb Weston in the third quarter worth $216,000. Institutional investors and hedge funds own 89.56% of the company’s stock.

About Lamb Weston

Lamb Weston Holdings, Inc (NYSE:LW) is a global producer and distributor of frozen potato products. The company supplies French fries, potato wedges, hash browns, tater tots, mashed potatoes, sweet potato products and other potato-based offerings to foodservice operators, restaurants, retailers and institutional customers.

Lamb Weston serves customers in North America and international markets through a portfolio of branded, licensed and customer-specific products. Its offerings are used by restaurants, schools, hospitals, hotels and other foodservice establishments, as well as sold through retail and grocery channels.