Lamb Weston (LW) Earns Coverage Optimism Score of 0.19

Media coverage about Lamb Weston (NYSE:LW) has trended somewhat positive recently, according to Accern. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lamb Weston earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned press coverage about the specialty retailer an impact score of 46.9955587613804 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the media headlines that may have impacted Accern’s scoring:

LW has been the subject of several recent analyst reports. Jefferies Group boosted their price target on shares of Lamb Weston to $64.00 and gave the stock a “buy” rating in a report on Wednesday, January 3rd. Bank of America boosted their price target on shares of Lamb Weston from $52.00 to $57.00 and gave the stock a “buy” rating in a report on Monday, November 6th. Zacks Investment Research raised shares of Lamb Weston from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a report on Friday, October 6th. Morgan Stanley reissued an “equal weight” rating and issued a $50.00 price target (up previously from $46.00) on shares of Lamb Weston in a report on Thursday, October 5th. Finally, Stifel Nicolaus boosted their price target on shares of Lamb Weston from $54.00 to $58.00 and gave the stock a “hold” rating in a report on Tuesday, January 2nd. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Lamb Weston presently has an average rating of “Buy” and an average price target of $53.13.

Shares of Lamb Weston (LW) traded down $0.31 during midday trading on Thursday, reaching $59.03. 1,657,129 shares of the company traded hands, compared to its average volume of 1,120,000. Lamb Weston has a 12 month low of $35.81 and a 12 month high of $59.63. The company has a debt-to-equity ratio of -4.43, a quick ratio of 0.53 and a current ratio of 1.55. The stock has a market cap of $8,630.00 and a price-to-earnings ratio of 27.33.

Lamb Weston (NYSE:LW) last announced its earnings results on Thursday, January 4th. The specialty retailer reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.01. Lamb Weston had a net margin of 9.85% and a negative return on equity of 53.18%. The company had revenue of $824.60 million for the quarter, compared to analysts’ expectations of $815.29 million. During the same quarter in the previous year, the company posted $0.63 EPS. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. research analysts predict that Lamb Weston will post 2.43 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 2nd. Shareholders of record on Friday, February 2nd will be paid a dividend of $0.1913 per share. This represents a $0.77 annualized dividend and a yield of 1.30%. The ex-dividend date of this dividend is Thursday, February 1st. This is a boost from Lamb Weston’s previous quarterly dividend of $0.19. Lamb Weston’s payout ratio is 34.72%.

In other Lamb Weston news, Director Peter J. Bensen bought 5,000 shares of the stock in a transaction on Monday, January 8th. The shares were bought at an average price of $58.18 per share, with a total value of $290,900.00. Following the purchase, the director now directly owns 1,935 shares in the company, valued at approximately $112,578.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.26% of the company’s stock.

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Lamb Weston Company Profile

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. The Company’s segments include Global, Foodservice, Retail and Other. 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 abroad, as well as operations associated with retail and foodservice customers located outside of the United States and Canada.

Insider Buying and Selling by Quarter for Lamb Weston (NYSE:LW)

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