Lamb Weston Holdings Inc (NYSE: LW)’s stock price has plunge by -1.45relation to previous closing price of 106.53. Nevertheless, the company has seen a 1.75% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-29 that Recently, Zacks.com users have been paying close attention to Lamb Weston (LW). This makes it worthwhile to examine what the stock has in store.
Is It Worth Investing in Lamb Weston Holdings Inc (NYSE: LW) Right Now?
The price-to-earnings ratio for Lamb Weston Holdings Inc (NYSE: LW) is above average at 13.66x, Company’s 36-month beta value is 0.72.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 3 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for LW is 141.42M, and currently, short sellers hold a 2.94% ratio of that floaft. The average trading volume of LW on April 02, 2024 was 1.57M shares.
LW’s Market Performance
LW stock saw an increase of 1.75% in the past week, with a monthly gain of 2.71% and a quarterly increase of -2.91%. The volatility ratio for the week is 2.07%, and the volatility levels for the last 30 days are 2.14% for Lamb Weston Holdings Inc (LW). The simple moving average for the past 20 days is 1.96% for LW’s stock, with a 3.49% simple moving average for the past 200 days.
Analysts’ Opinion of LW
Many brokerage firms have already submitted their reports for LW stocks, with Exane BNP Paribas repeating the rating for LW by listing it as a “Outperform.” The predicted price for LW in the upcoming period, according to Exane BNP Paribas is $128 based on the research report published on March 11, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see LW reach a price target of $132. The rating they have provided for LW stocks is “Buy” according to the report published on February 01st, 2024.
Wells Fargo gave a rating of “Overweight” to LW, setting the target price at $120 in the report published on December 12th of the previous year.
LW Trading at 1.51% from the 50-Day Moving Average
After a stumble in the market that brought LW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.57% of loss for the given period.
Volatility was left at 2.14%, however, over the last 30 days, the volatility rate increased by 2.07%, as shares surge +2.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.34% lower at present.
During the last 5 trading sessions, LW rose by +1.75%, which changed the moving average for the period of 200-days by -8.75% in comparison to the 20-day moving average, which settled at $103.11. In addition, Lamb Weston Holdings Inc saw -2.88% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LW starting from JURGENSEN WILLIAM G, who purchase 3,000 shares at the price of $84.35 back on Oct 16 ’23. After this action, JURGENSEN WILLIAM G now owns 162,835 shares of Lamb Weston Holdings Inc, valued at $253,050 using the latest closing price.
Spytek Eryk J, the GEN COUNSEL & CHIEF COMPL OFF of Lamb Weston Holdings Inc, sale 6,319 shares at $103.23 during a trade that took place back on Aug 02 ’23, which means that Spytek Eryk J is holding 1,052 shares at $652,310 based on the most recent closing price.
Stock Fundamentals for LW
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.28 for the gross margin
The net margin for Lamb Weston Holdings Inc stands at 0.18. The total capital return value is set at 0.2. Equity return is now at value 100.30, with 19.35 for asset returns.
Based on Lamb Weston Holdings Inc (LW), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 2.18. The interest coverage ratio of the stock is 9.14.
Currently, EBITDA for the company is 1.1 billion with net debt to EBITDA at 2.64. When we switch over and look at the enterprise to sales, we see a ratio of 2.95. The receivables turnover for the company is 8.28for trailing twelve months and the total asset turnover is 0.9. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.29.
Conclusion
In a nutshell, Lamb Weston Holdings Inc (LW) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
