As of Thursday close, Lamb Weston Holdings Inc.’s (NYSE:LW) stock was down -$2.4, moving down -2.45 percent to $95.73. The average number of shares traded per day over the past five days has been 1,367,540 shares. 1 time new highs have been achieved over the past 5 days, with a -$4.08 fall in that time frame. In the last twenty days, the average volume was 1,299,405, while in the previous 50 days, it was 1,573,472.
Since last month, LW stock retreated -0.56%. Shares of the company fell to $94.03 on 08/22/23, the lowest level in the past month. A 52-week high of $117.38 was reached on 07/25/23 after having rallying from a 52-week low of $76.21. Since the beginning of this year, LW’s stock price has risen by 7.13% or $6.37, and marked a new high 28 times. However, the stock has declined by -18.45% since its 52-week high.
LW stock investors should be aware that Lamb Weston Holdings Inc. (LW) stock had its last reported insider trading activity 51 days ago on Aug 02. Spytek Eryk J, the GEN COUNSEL & CHIEF COMPL OFF of the company, disposed of 6,319 shares for $103.23 on Aug 02. It resulted in a $652,310 divestment by the insider. Miller Sharon L. sold 4,350 shares at an average price of $115.00 on May 19. The insider now owns 49,859 shares following the transaction. On Jan 12, VP AND CONTROLLER Jones Gregory W sold 1,000 shares at $97.49 apiece. The transaction was valued at $97,493.
Valuation Metrics
Right now, Lamb Weston Holdings Inc. (LW) has a P/E ratio of about 13.82. The stock’s beta is 0.53. Besides these, the trailing price-to-sales (P/S) ratio of 2.61, the price-to-book (PB) ratio of 9.90, and the price-to-cash flow ratio of 544.28 may also be considered.
The latest dividend of $0.28 per share was paid out, remained unchanged from last year’s $0.28. On Wednesday December 14 2022, a $0.0350 dividend increase was announced.
Financial Health
In the three months ended May 30, Lamb Weston Holdings Inc.’s quick ratio stood at 0.90, while its current ratio was 1.60, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending May 30 was 2.30, and the total debt-to-equity ratio was 2.45. On the profitability front, the trailing twelve-month gross margin is 27.30% percent. In the year ended May 30, EBITDA margin amounted to 19.79%, whereas operating margins totaled 16.50%. Based on annual data, LW earned $1.43 billion in gross profit and brought in $5.35 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 13.50%. Return on equity (ROE) for the past 12 months was 125.80%.
In Lamb Weston Holdings Inc.’s quarter-end financial report for May 30, it reported total debt of $3.25 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. LW’s revenue rose 31.97% to $1.25 billion during the quarter, while net income inched up to $1.69 billion. While analysts expected Lamb Weston Holdings Inc. to report $1.05 quarterly earnings, the actual figure was $1.22 per share, beating the consensus estimate by 16.20%. During the quarter, the company generated $256.5 million in EBITDA. The liabilities of Lamb Weston Holdings Inc. were 5.11 billion at the end of its most recent quarter ended May 30, and its total debt was $3.62 billion. The value of shareholders’ equity is $145.67 million.
Technical Picture
This quick technical analysis looks at Lamb Weston Holdings Inc.’s (LW) price momentum. With a historical volatility rate of 20.19%, the RSI 9-day stood at 36.25% on 21 September.
With respect to its five-day moving average, the current Lamb Weston Holdings Inc. price is down by -4.09% percent or -$4.08. At present, LW shares trade -0.95% below its 20-day simple moving average and -14.38% percent below its 100-day simple moving average. However, the stock is currently trading approximately -14.82% below its SMA50 and +9.12% above its SMA200.
Stochastic coefficient K was 24.89% and Stochastic coefficient D was 44.05%, while ATR was 1.72. Given the Stochastic reading of 0.85% for the 14-day period, the RSI (14) reading has been calculated as 38.67%. As of today, the MACD Oscillator reading stands at -1.33, while the 14-day reading stands at -1.03.
Analyst Ratings
TD Cowen launched its rating on Lamb Weston Holdings Inc. (NYSE: LW) to an Outperform in a note to investors on September 13, 2023. Lamb Weston Holdings Inc. (LW) has been rated Buy by analysts. According to 0 brokerage firms, LW is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Lamb Weston Holdings Inc. stock as buy, with 7 recommending it as overweight.
With a median target price of $126.00, the current consensus forecast for the stock is $112.00 – $135.00. Based on these forecasts, analysts predict Lamb Weston Holdings Inc. (LW) will achieve an average price target of $124.75.
