Lamb Weston Holdings Inc [NYSE: LW] closed the trading session at $101.12. The company report on March 20, 2024 at 5:30 PM that Lamb Weston Holdings Announces Quarterly Dividend.
The Board of Directors of Lamb Weston Holdings, Inc. (NYSE: LW) today declared a quarterly dividend of $0.36 per share of Lamb Weston common stock. The dividend is payable on May 31, 2024 to stockholders of record as of the close of business on May 3, 2024.
The stocks have a year to date performance of -6.45 percent and weekly performance of -4.24 percent. The stock has been moved at 9.64 percent over the last six months. The stock has performed -1.10 percent around the most recent 30 days and changed -5.11 percent over the most recent 3-months.
If compared to the average trading volume of 1.58M shares, LW reached to a volume of 3635314 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Lamb Weston Holdings Inc [LW]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LW shares is $129.44 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LW stock is a recommendation set at 1.31. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Exane BNP Paribas have made an estimate for Lamb Weston Holdings Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 11, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price to Buy. The new note on the price target was released on February 01, 2024, representing the official price target for Lamb Weston Holdings Inc stock. Previously, the target price had yet another raise to $120, while Wells Fargo analysts kept a Overweight rating on LW stock.
The Average True Range (ATR) for Lamb Weston Holdings Inc is set at 2.36, with the Price to Sales ratio for LW stock in the period of the last 12 months amounting to 2.30. The Price to Book ratio for the last quarter was 8.75, with the Price to Cash per share for the same quarter was set at 0.54. Price to Free Cash Flow for LW in the course of the last twelve months was 72993.47 with Quick ratio for the last quarter at 0.57.
LW stock trade performance evaluation
Lamb Weston Holdings Inc [LW] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.24. With this latest performance, LW shares dropped by -1.10% in over the last four-week period, additionally plugging by 9.64% over the last 6 months – not to mention a drop of -3.25% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LW stock in for the last two-week period is set at 42.42, with the RSI for the last a single of trading hit 37.46, and the three-weeks RSI is set at 44.88 for Lamb Weston Holdings Inc [LW]. The present Moving Average for the last 50 days of trading for this stock 103.04, while it was recorded at 104.55 for the last single week of trading, and 101.27 for the last 200 days.
Lamb Weston Holdings Inc [LW]: An insightful look at the core fundamentals
Lamb Weston Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.57 and a Current Ratio set at 1.29.
Earnings per share (EPS) analysis for Lamb Weston Holdings Inc [LW] stock
With the latest financial reports released by the company, Lamb Weston Holdings Inc posted 1.43/share EPS, while the average EPS was predicted by analysts to be reported at 0.99/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 44.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lamb Weston Holdings Inc go to 16.80%.
Lamb Weston Holdings Inc [LW]: Institutional Ownership
The top three institutional holders of LW stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in LW stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in LW stock with ownership which is approximately 5.8386%.
