News coverage about Lamb Weston Holdings (NYSE:LW) has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Lamb Weston Holdings earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the specialty retailer an impact score of 46.1122120219181 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news stories that may have effected Accern Sentiment’s analysis:
- Lamb Weston Holdings Inc. (LW) Expected to Announce Quarterly Sales of $814.45 Million (americanbankingnews.com)
- Dean Foods’ (DF) Shares Decline 44% in 6 Months: Here’s Why (finance.yahoo.com)
- $0.53 Earnings Per Share Expected for Lamb Weston Holdings Inc. (LW) This Quarter (americanbankingnews.com)
- Review of Financial analysis: Carter’s, Inc., (NYSE: CRI), Lamb Weston Holdings, Inc., (NYSE: LW), Groupon, Inc … – Hot Stocks In Focus (press release) (reagentsglobalmarket.com)
- Lamb Weston : Spud harvest meeting brings mixed message (4-traders.com)
A number of research analysts recently commented on LW shares. Morgan Stanley reissued an “equal weight” rating and issued a $46.00 price target (up previously from $45.00) on shares of Lamb Weston Holdings in a report on Wednesday, July 26th. Zacks Investment Research downgraded Lamb Weston Holdings from a “buy” rating to a “hold” rating in a report on Friday, July 28th. Jefferies Group LLC reissued a “buy” rating and issued a $53.00 price target on shares of Lamb Weston Holdings in a report on Monday, September 25th. Finally, Bank of America Corporation increased their price target on Lamb Weston Holdings from $52.00 to $57.00 and gave the company a “buy” rating in a report on Monday, November 6th. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $50.63.
Shares of Lamb Weston Holdings (LW) traded up $0.51 on Thursday, reaching $54.25. The company had a trading volume of 541,300 shares, compared to its average volume of 975,150. The stock has a market capitalization of $8,010.00 and a P/E ratio of 23.36. Lamb Weston Holdings has a 1 year low of $32.01 and a 1 year high of $54.27. The company has a debt-to-equity ratio of -4.10, a current ratio of 1.62 and a quick ratio of 0.67.
Lamb Weston Holdings (NYSE:LW) last released its earnings results on Wednesday, October 4th. The specialty retailer reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.07. Lamb Weston Holdings had a negative return on equity of 50.81% and a net margin of 10.31%. The company had revenue of $817.50 million for the quarter, compared to the consensus estimate of $795.61 million. The company’s quarterly revenue was up 5.3% on a year-over-year basis. sell-side analysts anticipate that Lamb Weston Holdings will post 2.36 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Friday, November 3rd will be issued a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date of this dividend is Thursday, November 2nd. Lamb Weston Holdings’s dividend payout ratio is presently 33.48%.
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Lamb Weston Holdings 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.
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