What Are The Chances Of Lamb Weston Holdings Inc (NYSE: LW) Becoming A Clear Buy?

After Hours

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. The stock was recently discussed on Yahoo Finance as it revealed that Lamb Weston Reports Fiscal Second Quarter 2024 Results; Updates Fiscal Year 2024 Outlook.

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Stocks Info

As a NYSE listed company, LW falls under the Consumer Defensive sector while operating within the Packaged Foods industry segment. At the end of the last regular session, the stock closed at $105.44 and fluctuated between $105.50 as its day high and $102.31 as its day low. The current market capitalization of Lamb Weston Holdings Inc is $15.22B. A total of 2.01 million shares were traded on the day, compared to an average of 1.57M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, LW has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 6,040 shares. Over the last 12 months, there were 23 BUYs and 19 SELLs from insiders. Insiders purchased 93,421 shares during that period but sold 53,101.

In the most recent transaction, JURGENSEN WILLIAM G bought 3,000 shares of LW for 84.35 per share on Oct 16. After the transaction, the Director now owns 162,835 company shares. In a previous transaction on Aug 02, Spytek Eryk J sold 6,319 shares at 103.23 per share. LW shares that GEN COUNSEL & CHIEF COMPL OFF owns now total 1,052.

Among the insiders who sold shares, Miller Sharon L. disposed of 4,350 shares on May 19 at a per-share price of $115.00. This resulted in the SENIOR VICE PRESIDENT holding 49,859 shares of LW after the transaction.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Lamb Weston Holdings Inc pays an annual dividend of $1.26, resulting in a dividend yield of 1.19%, and it has a price to earnings (P/E) ratio of 13.72. LW’s most recent ex-dividend date was 2/1/2024 when it declared a $0.36 quarterly dividend that was paid in cash on 3/1/2024. Previously, the company paid the dividend on 12/1/2023 with an ex-dividend date of 11/2/2023. The LW stock dividend was $0.28 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for LW in the last 3 months, the mean price target is $129.25 with high estimates of $138.00 and low estimates of $112.00. In terms of 52-week highs and lows, LW has a high of $117.38 and a low of $81.25.

As of this writing, LW has an earnings estimate of $1.45 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $1.57 per share and a lower estimate of $1.39. The company reported an EPS of $1.63 in the last quarter, which was 50.90% higher than expectations of $1.08.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. LW’s latest balance sheet shows that the firm has $525.00M in Cash & Short Term Investments as of fiscal 2022. There were $2.75B in debt and $699.10M in liabilities at the time. Its Book Value Per Share was $11.55, while its Total Shareholder’s Equity was $360.50M.

Analysts Opinion

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. Currently, 0 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 Buy with a score of 4.75.

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