A new trading day began on Monday, with Lamb Weston Holdings Inc (NYSE: LW) stock price up 0.23% from the previous day of trading, before settling in for the closing price of $79.77. LW’s price has ranged from $77.41 to $117.38 over the past 52 weeks.
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A company in the Consumer Defensive sector has jumped its sales by 9.93% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 19.64%. With a float of $141.43 million, this company’s outstanding shares have now reached $145.67 million.
In an organization with 10200 employees, it is important to assess its efficiency.
Lamb Weston Holdings Inc (LW) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Packaged Foods Industry. The insider ownership of Lamb Weston Holdings Inc is 2.05%, while institutional ownership is 89.83%. The most recent insider transaction that took place on Oct 16 ’23, 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 ’23, 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 230.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 19.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.60% 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
Here are Lamb Weston Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.48, a number that is poised to hit 1.25 in the next quarter and is forecasted to reach 6.27 in one year’s time.
Technical Analysis of Lamb Weston Holdings Inc (LW)
Let’s dig in a bit further. During the last 5-days, its volume was 4.26 million. That was better than the volume of 2.29 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.74%. Additionally, its Average True Range was 3.31.
During the past 100 days, Lamb Weston Holdings Inc’s (LW) raw stochastic average was set at 7.37%, which indicates a significant decrease from 8.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.08% in the past 14 days, which was higher than the 40.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $99.03, while its 200-day Moving Average is $99.91. However, in the short run, Lamb Weston Holdings Inc’s stock first resistance to watch stands at $80.83. Second resistance stands at $81.71. The third major resistance level sits at $82.79. If the price goes on to break the first support level at $78.87, it is likely to go to the next support level at $77.79. Assuming the price breaks the second support level, the third support level stands at $76.91.
Lamb Weston Holdings Inc (NYSE: LW) Key Stats
With a market capitalization of 11.54 billion, the company has a total of 144,391K Shares Outstanding. Currently, annual sales are 5,351 M while annual income is 1,009 M. The company’s previous quarter sales were 1,458 M while its latest quarter income was 146,100 K.
