A new trading day began on Friday, with Lamb Weston Holdings Inc (NYSE: LW) stock price down -0.59% from the previous day of trading, before settling in for the closing price of $77.38. LW’s price has ranged from $52.99 to $111.88 over the past 52 weeks.
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Annual sales at Consumer Defensive sector company grew by 12.16% over the past five years. Meanwhile, its annual earnings per share averaged -16.51%. With a float of $138.62 million, this company’s outstanding shares have now reached $143.67 million.
Let’s look at the performance matrix of the company that is accounted for 10700 employees. In terms of profitability, gross margin is 25.53%, operating margin of 15.23%, and the pretax margin is 12.45%.
Lamb Weston Holdings Inc (LW) Insider and Institutional Ownership
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 2.79%, while institutional ownership is 97.06%. The most recent insider transaction that took place on Jul 26 ’24, was worth 554,291. In this transaction Director of this company bought 10,000 shares at a rate of $55.43, taking the stock ownership to the 173,377 shares. Before that another transaction happened on Jul 26 ’24, when Company’s Director bought 5,000 for $55.50, making the entire transaction worth $277,476. This insider now owns 20,805 shares in total.
Lamb Weston Holdings Inc (LW) Latest Financial update
In its latest quarterly report, released on 8/31/2024, the company reported earnings of 1.45 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -16.51% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.57% during the next five years compared to 9.43% 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 0.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.26, a number that is poised to hit 1.05 in the next quarter and is forecasted to reach 4.95 in one year’s time.
Technical Analysis of Lamb Weston Holdings Inc (LW)
Lamb Weston Holdings Inc (NYSE: LW) saw its 5-day average volume 2.25 million, a negative change from its year-to-date volume of 2.56 million. As of the previous 9 days, the stock’s Stochastic %D was 78.19%. Additionally, its Average True Range was 2.06.
During the past 100 days, Lamb Weston Holdings Inc’s (LW) raw stochastic average was set at 67.87%, which indicates a significant decrease from 77.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.61% in the past 14 days, which was lower than the 62.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $66.75, while its 200-day Moving Average is $82.87. Nevertheless, the first resistance level for the watch stands at $77.72 in the near term. At $78.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $79.03. If the price goes on to break the first support level at $76.41, it is likely to go to the next support level at $75.90. The third support level lies at $75.10 if the price breaches the second support level.
Lamb Weston Holdings Inc (NYSE: LW) Key Stats
With a market capitalization of 10.97 billion, the company has a total of 144,391K Shares Outstanding. Currently, annual sales are 6,468 M while annual income is 725,500 K. The company’s previous quarter sales were 1,654 M while its latest quarter income was 127,400 K.
