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Wednesday, February 8, 2023

Today, Lamb Weston Holdings Inc. (NYSE: LW) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Lamb Weston Holdings Inc. (LW) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.17, or 0.18%, to $96.20. The Lamb Weston Holdings Inc. has recorded 47,314 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Lamb Weston Reports Fiscal Second Quarter 2023 Results; Updates Fiscal Year 2023 Outlook.

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Stocks Info

The company is listed on the NYSE and operates within the Packaged Foods industry segment. At the end of the last regular session, the stock closed at $96.03 and fluctuated between $96.87 as its day high and $93.52 as its day low. The current market capitalization of Lamb Weston Holdings Inc. is $13.75B. A total of 5.67 million shares were traded on the day, compared to an average of 1.64M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, LW has seen 9 BUY and 3 SELL insider trades, representing the acquisition of 16,857 and the disposition of 7,711 shares. Over the last 12 months, there were 33 BUYs and 22 SELLs from insiders. Insiders purchased 220,702 shares during that period but sold 70,789.

In the most recent transaction, Spytek Eryk J sold 19,080 shares of LW for 88.22 per share on Jan 03. After the transaction, the SVP, GEN COUNSEL now owns 0 company shares. In a previous transaction on Oct 13, Miller Sharon L. sold 4,678 shares at 85.00 per share. LW shares that SENIOR VICE PRESIDENT owns now total 59,678.

Among the insiders who sold shares, Scheufler Gerardo disposed of 2,786 shares on Aug 10 at a per-share price of $81.01. This resulted in the SVP, CHIEF SUPPLY CHAIN OFF holding 29,685 shares of LW after the transaction. In another insider transaction, Spytek Eryk J sold 3,001 shares at $79.97 per share on Aug 05. Company shares held by the SVP, GEN COUNSEL now total 47,936.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Lamb Weston Holdings Inc. pays an annual dividend of $1.12, resulting in a dividend yield of 1.17%, and it has a price to earnings (P/E) ratio of 34.56. LW’s most recent ex-dividend date was 2/2/2023 when it declared a $0.28 quarterly dividend that was paid in cash on 3/3/2023. Previously, the company paid the dividend on 12/2/2022 with an ex-dividend date of 11/3/2022. The LW stock dividend was $0.2450 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for LW in the last 3 months, the mean price target is $94.00 with high estimates of $105.00 and low estimates of $80.00. In terms of 52-week highs and lows, LW has a high of $90.60 and a low of $49.71.

As of this writing, LW has an earnings estimate of $0.73 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.79 per share and a lower estimate of $0.62. The company reported an EPS of $0.65 in the last quarter, which was 27.50% higher than expectations of $0.51.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 8 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LW is Overweight with a score of 4.60. A total of 5 analysts rated the stock as Buy while 1 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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