It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Lamb Weston Holdings Inc. (LW) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.04, or 0.04%, to $111.85. The Lamb Weston Holdings Inc. has recorded 28,018 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Lamb Weston Holdings Announces Appointment of Mike Smith as Chief Operating Officer.
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Lamb Weston Holdings Inc. is listed on the NYSE in the Consumer Defensive sector while operating in the Packaged Foods industry. At the end of the last regular session, the stock closed at $111.81 and fluctuated between $111.88 as its day high and $110.52 as its day low. The current market capitalization of Lamb Weston Holdings Inc. is $16.26B. A total of 0.78 million shares were traded on the day, compared to an average of 1.37M shares.
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, LW has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 31 BUYs and 25 SELLs from insiders. Insiders purchased 204,027 shares during that period but sold 101,459.
In the most recent transaction, Jones Gregory W sold 1,000 shares of LW for 97.49 per share on Jan 12. After the transaction, the VP AND CONTROLLER now owns 6,384 company shares. In a previous transaction on Jan 09, Smith Michael Jared sold 11,934 shares at 98.90 per share. LW shares that SENIOR VICE PRESIDENT owns now total 74,351.
Among the insiders who sold shares, MADARIETA BERNADETTE M disposed of 6,500 shares on Jan 09 at a per-share price of $98.40. This resulted in the CHIEF FINANCIAL OFFICER holding 25,487 shares of LW after the transaction. In another insider transaction, Scheufler Gerardo sold 4,389 shares at $99.41 per share on Jan 09. Company shares held by the SVP, CHIEF SUPPLY CHAIN OFF now total 23,599.
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Lamb Weston Holdings Inc. pays an annual dividend of $1.12, resulting in a dividend yield of 1.00%, and it has a price to earnings (P/E) ratio of 29.84. LW’s most recent ex-dividend date was 5/4/2023 when it declared a $0.28 quarterly dividend that was paid in cash on 6/2/2023. Previously, the company paid the dividend on 3/3/2023 with an ex-dividend date of 2/2/2023. The LW stock dividend was $0.28 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for LW in the last 3 months, the mean price target is $120.71 with high estimates of $135.00 and low estimates of $107.00. In terms of 52-week highs and lows, LW has a high of $111.63 and a low of $60.59.
As of this writing, LW has an earnings estimate of $1.04 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $1.15 per share and a lower estimate of $0.98. The company reported an EPS of $1.28 in the last quarter, which was 73.00% higher than expectations of $0.74.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. LW’s latest balance sheet shows that the firm has $525.00M in Cash & Short Term Investments as of fiscal 2022. There were $2.73B in debt and $699.10M in liabilities at the time. Its Book Value Per Share was $4.96, while its Total Shareholder’s Equity was $360.50M.
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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 4.00. A total of 4 analysts rated the stock as Buy while 1 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.