Lamb Weston (LW) Receives Daily Coverage Optimism Score of 0.21

Galtero Lara
Abril 17, 2018

In terms of CCI levels, Lamb Weston Holdings Inc (LW) now has a 14-day Commodity Channel Index (CCI) of 155.25. Lamb Weston reported earnings of $0.51 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 25.5%. During the same period in the prior year, the company earned $0.59 EPS. analysts anticipate that Lamb Weston will post 2.6 EPS for the current fiscal year. Zacks' EPS calculations are a mean average based on a survey of sell-side research firms that follow Lamb Weston.

Lamb Weston (NYSE:LW) last released its quarterly earnings results on Thursday, April 5th. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.07. Lamb Weston had a net margin of 11.75% and a negative return on equity of 69.53%. The company had revenue of $863.40 million during the quarter, compared to the consensus estimate of $813.81 million.

LW has been the subject of several research analyst reports. The company now has a consensus rating of "Buy" and an average price target of $59.71. Finally, Stifel Nicolaus restated a hold rating and issued a $64.00 price target (up previously from $58.00) on shares of Lamb Weston in a research report on Monday, January 22nd. (LW), a stock from Food - Major Diversified Industry, has a value of $64.73 per share, noted a price change of 0.95% in recent trade close. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Zacks Investment Research raised shares of Lamb Weston from a "hold" rating to a "buy" rating and set a $63.00 target price for the company in a research report on Thursday, March 29th.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Xact Kapitalforvaltning AB acquired a new position in Lamb Weston during the 4th quarter worth approximately $628,000. They now have an equal weight rating on the specialty retailer's stock. Public Employees Retirement Association of Colorado grew its position in Lamb Weston by 3.4% during the fourth quarter. William Blair Investment Management LLC increased its position in Lamb Weston by 12.5% during the 4th quarter. Phocas Financial Corp. now owns 6,600 shares of the specialty retailer's stock worth $373,000 after purchasing an additional 2,050 shares during the period. Newbrook Capital Advisors LP bought a new position in shares of Lamb Weston in the fourth quarter worth about $129,718,000. Finally, Advisor Group Inc. grew its position in Lamb Weston by 25.6% during the fourth quarter. BlackRock Inc. now owns 13,164,249 shares of the specialty retailer's stock worth $743,124,000 after buying an additional 622,607 shares in the last quarter. (NYSE:LW) has risen 30.35% since April 16, 2017 and is uptrending. The company has a quick ratio of 0.63, a current ratio of 1.72 and a debt-to-equity ratio of -5.98. Lamb Weston Holdings has a 1-year low of $29.62 and a 1-year high of $43.48. The company has a market capitalization of $9,033.72, a P/E ratio of 26.85, a price-to-earnings-growth ratio of 1.97 and a beta of 0.76.

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The business also recently declared a quarterly dividend, which will be paid on Friday, June 1st. Investors of record on Friday, May 4th will be given a $0.1913 dividend. This represents a $0.77 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date is Thursday, May 3rd. Lamb Weston's dividend payout ratio (DPR) is 32.76%.

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Lamb Weston Holdings, Inc (Lamb Weston), is a supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers around the world.

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