Lamb Weston Holdings Inc (NYSE: LW) kicked off on November 20, 2023, at the price of $95.77, up 1.60% from the previous trading day. During the day, the shares moved up to $97.64 and dropped to $95.49 before settling in for the closing price of $95.80. Over the past 52 weeks, LW has traded in a range of $81.25-$117.38.
Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 9.93%. While this was happening, its average annual earnings per share was recorded 25.98%. With a float of $142.54 million, this company’s outstanding shares have now reached $145.67 million.
Considering the fact that the conglomerate employs 10200 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +26.77, operating margin of +15.71, and the pretax margin is +14.45.
Lamb Weston Holdings Inc (LW) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Packaged Foods Industry. The insider ownership of Lamb Weston Holdings Inc is 1.65%, while institutional ownership is 88.25%. The most recent insider transaction that took place on Oct 16, was worth 253,050. In this transaction Director of this company bought 3,000 shares at a rate of $84.35, taking the stock ownership to the 162,835 shares. Before that another transaction happened on Aug 02, when Company’s GEN COUNSEL & CHIEF COMPL OFF sold 6,319 for $103.23, making the entire transaction worth $652,310. This insider now owns 1,052 shares in total.
Lamb Weston Holdings Inc (LW) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 8/30/2023, the organization reported $1.63 earnings per share (EPS), higher than consensus estimate (set at $1.08) by $0.55. This company achieved a net margin of +18.86 while generating a return on equity of 113.88. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 25.98% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.80% during the next five years compared to 19.79% growth over the previous five years of trading.
Lamb Weston Holdings Inc (NYSE: LW) Trading Performance Indicators
Take a look at Lamb Weston Holdings Inc’s (LW) current performance indicators. Last quarter, stock had a quick ratio of 0.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.39. Likewise, its price to free cash flow for the trailing twelve months is 167.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.92, a number that is poised to hit 1.42 in the next quarter and is forecasted to reach 6.27 in one year’s time.
Technical Analysis of Lamb Weston Holdings Inc (LW)
Compared to the last year’s volume of 1.62 million, its volume of 1.78 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 68.11%. Additionally, its Average True Range was 2.20.
During the past 100 days, Lamb Weston Holdings Inc’s (LW) raw stochastic average was set at 44.50%, which indicates a significant decrease from 96.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.17% in the past 14 days, which was lower than the 30.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $92.68, while its 200-day Moving Average is $102.48. Nevertheless, the first resistance level for the watch stands at $98.15 in the near term. At $98.97, the stock is likely to face the second major resistance level. The third major resistance level sits at $100.30. If the price goes on to break the first support level at $96.00, it is likely to go to the next support level at $94.67. Should the price break the second support level, the third support level stands at $93.85.
Lamb Weston Holdings Inc (NYSE: LW) Key Stats
The company with the Market Capitalisation of 14.11 billion has total of 144,927K Shares Outstanding. Its annual sales at the moment are 5,351 M in contrast with the sum of 1,009 M annual income. Company’s last quarter sales were recorded 1,665 M and last quarter income was 234,800 K.