Lamb Weston Holdings Inc [LW] moved down -0.24: Why It’s Important

MAR Stock

Lamb Weston Holdings Inc [NYSE: LW] slipped around -0.16 points on Thursday, while shares priced at $65.61 at the close of the session, down -0.24%.

Compared to the average trading volume of 3.15M shares, LW reached a trading volume of 2804326 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus 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 $68.91 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 1.86. 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.

Consumer Edge Research have made an estimate for Lamb Weston Holdings Inc shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on July 26, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price from $105 to $61. The new note on the price target was released on July 25, 2024, representing the official price target for Lamb Weston Holdings Inc stock. Previously, the target price had yet another drop from $115 to $60, while Stifel kept a Hold rating on LW stock.

The Average True Range (ATR) for Lamb Weston Holdings Inc is set at 1.60, with the Price to Sales ratio for LW stock in the period of the last 12 months amounting to 1.46. The Price to Book ratio for the last quarter was 5.27, with the Price to Cash per share for the same quarter was set at 0.50.

How has LW stock performed recently?

Lamb Weston Holdings Inc [LW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.72. With this latest performance, LW shares gained by 6.08% in over the last four-week period, additionally sinking by -36.41% over the last 6 months – not to mention a drop of -32.53% 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 60.81, with the RSI for the last a single of trading hit 72.97, and the three-weeks RSI is set at 52.70 for Lamb Weston Holdings Inc [LW]. The present Moving Average for the last 50 days of trading for this stock 64.04, while it was recorded at 65.20 for the last single week of trading, and 87.36 for the last 200 days.

Lamb Weston Holdings Inc [LW]: Deeper insight into the fundamentals

Lamb Weston Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.56 and a Current Ratio set at 1.29.

Earnings analysis for Lamb Weston Holdings Inc [LW]

With the latest financial reports released by the company, Lamb Weston Holdings Inc posted 1.63/share EPS, while the average EPS was predicted by analysts to be reported at 1.08/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.55. 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 14.60%.

Insider trade positions for Lamb Weston Holdings Inc [LW]

There are presently around $99.29%, or 100.03%% of LW stock, in the hands of institutional investors. The top three institutional holders of LW stocks are: VANGUARD GROUP INC with ownership of 17.05 million shares, which is approximately 11.7961%. FMR LLC, holding 15.92 million shares of the stock with an approximate value of $$1.34 billion in LW stocks shares; and FMR LLC, currently with $$850.5 million in LW stock with ownership which is approximately 7.0003%.