Lamb Weston (NYSE:LW) Price Target Raised to $55.00

Lamb Weston (NYSE:LW) had its target price lifted by Stephens from $50.00 to $55.00 in a report issued on Thursday morning,Benzinga reports. The firm currently has an equal weight rating on the specialty retailer’s stock.

LW has been the subject of several other reports. Weiss Ratings raised shares of Lamb Weston from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, July 28th. Wall Street Zen cut shares of Lamb Weston from a “buy” rating to a “hold” rating in a research note on Saturday, October 3rd. JPMorgan Chase & Co. raised their price objective on shares of Lamb Weston from $46.00 to $53.00 and gave the stock a “neutral” rating in a report on Wednesday. Stifel Nicolaus lifted their target price on shares of Lamb Weston from $45.00 to $52.00 and gave the company a “hold” rating in a research note on Monday, July 27th. Finally, TD Cowen boosted their target price on Lamb Weston from $40.00 to $52.00 and gave the stock a “hold” rating in a report on Tuesday, July 28th. Three research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Lamb Weston currently has a consensus rating of “Hold” and a consensus target price of $53.82.

Lamb Weston Stock Performance

Lamb Weston stock opened at $47.88 on Thursday. The firm has a market capitalization of $6.60 billion, a P/E ratio of 26.16, a P/E/G ratio of 1.74 and a beta of 0.49. The stock has a fifty day moving average price of $49.70 and a two-hundred day moving average price of $46.14. Lamb Weston has a 52-week low of $37.62 and a 52-week high of $67.07. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.45 and a quick ratio of 0.74.

Lamb Weston (NYSE:LW) last issued its earnings results on Tuesday, October 6th. The specialty retailer reported $0.75 EPS for the quarter, beating the consensus estimate of $0.59 by $0.16. Lamb Weston had a net margin of 3.85% and a return on equity of 23.27%. The company 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 company earned $0.74 EPS. The firm’s revenue for the quarter was up .7% compared to the same quarter last year. Lamb Weston has set its FY 2027 guidance at 3.050-3.350 EPS. As a group, analysts anticipate that Lamb Weston will post 3.23 EPS for the current fiscal year.

Lamb Weston Dividend Announcement

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 given a dividend of $0.38 per share. The ex-dividend date is Friday, November 6th. This represents a $1.52 annualized dividend and a yield of 3.2%. Lamb Weston’s dividend payout ratio is 83.06%.

Institutional Investors Weigh In On Lamb Weston

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wedmont Private Capital bought a new position in shares of Lamb Weston in the third quarter worth about $216,000. Douglas Lane & Associates LLC grew its stake in shares of Lamb Weston by 7.7% during the third quarter. Douglas Lane & Associates LLC now owns 1,811,598 shares of the specialty retailer’s stock valued at $75,526,000 after purchasing an additional 129,243 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Lamb Weston by 58.7% during the third quarter. GAMMA Investing LLC now owns 4,408 shares of the specialty retailer’s stock valued at $184,000 after purchasing an additional 1,631 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of Lamb Weston by 25.6% during the third quarter. Farther Finance Advisors LLC now owns 5,017 shares of the specialty retailer’s stock valued at $209,000 after purchasing an additional 1,024 shares during the last quarter. Finally, MFA Wealth Advisors LLC increased its holdings in shares of Lamb Weston by 27.0% in the third quarter. MFA Wealth Advisors LLC now owns 5,930 shares of the specialty retailer’s stock valued at $247,000 after purchasing an additional 1,261 shares in the last quarter. Institutional investors and hedge funds own 89.56% of the company’s stock.

Lamb Weston News Roundup

Here are the key news stories impacting Lamb Weston this week:

• Positive Sentiment: Higher price target: Stephens raised its price target for Lamb Weston from $50 to $55 while maintaining an “equal weight” rating, implying meaningful potential appreciation from recent trading levels. Stephens raises Lamb Weston price target
• Positive Sentiment: Momentum remains a key bullish argument: Zacks highlighted Lamb Weston as a potential long-term momentum stock based on its Style Scores, while other coverage discussed the possibility of a fresh rally. The company’s latest quarterly results also exceeded earnings and revenue expectations, supporting the recovery narrative. Why Lamb Weston is a top momentum stock
• Positive Sentiment: Brokerage outlook is constructive: JPMorgan was reported to forecast strong price appreciation for LW, adding to the positive analyst sentiment around the shares. JPMorgan forecast for Lamb Weston
• Neutral Sentiment: Valuation remains balanced: Analyst commentary describes Lamb Weston as facing a fresh test, with the stock’s valuation dependent on whether operational improvements and the leadership transition can support renewed growth. Lamb Weston faces a fresh test
• Negative Sentiment: Cautious ratings limit the upside signal: Stephens kept an “equal weight” recommendation despite raising its target, indicating analysts see potential but are not yet convinced that a sustained rally is warranted. Additional analyst roundups offered mixed views on LW alongside other consumer-goods companies. Analyst insights on Lamb Weston

About Lamb Weston

Lamb Weston Holdings, Inc (NYSE: LW) is a global producer and marketer of frozen potato products. The company supplies French fries, potato wedges, hash browns, potato rounds, mashed potatoes and other specialty potato products to restaurants, foodservice distributors, retailers and food manufacturers.

Its product portfolio includes conventional and specialty frozen potato offerings, as well as sweet potato products and appetizer items. Lamb Weston sells products under its Lamb Weston and Grown in Idaho brands, while also providing private-label products for retail and foodservice customers.

The company’s history dates to the 1950s, when it began producing frozen potato products in the Pacific Northwest.