The price-to-earnings ratio for Lamb Weston Holdings Inc (NYSE: LW) is above average at 11.19x. The 36-month beta value for LW is also noteworthy at 0.80. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 3 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for LW is 141.43M, and at present, short sellers hold a 2.68% of that float. The average trading volume of LW on April 24, 2024 was 2.41M shares.
LW) stock’s latest price update
Lamb Weston Holdings Inc (NYSE: LW) has seen a rise in its stock price by 1.95 in relation to its previous close of 82.12. However, the company has experienced a 2.02% gain in its stock price over the last five trading sessions. MarketBeat reported 2024-04-19 that There’s nothing better than feeling you’ve found a bargain or are getting a good deal, and it’s no different when it comes to stocks. One of the most popular technical indicators for helping to do this is the Relative Strength Index (RSI).
LW’s Market Performance
Lamb Weston Holdings Inc (LW) has experienced a 2.02% rise in stock performance for the past week, with a -18.85% drop in the past month, and a -23.59% drop in the past quarter. The volatility ratio for the week is 2.52%, and the volatility levels for the past 30 days are at 3.28% for LW. The simple moving average for the last 20 days is -5.79% for LW stock, with a simple moving average of -15.50% for the last 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 -13.60% 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 -28.68% of loss for the given period.
Volatility was left at 3.28%, however, over the last 30 days, the volatility rate increased by 2.52%, as shares sank -18.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.97% lower at present.
During the last 5 trading sessions, LW rose by +2.02%, which changed the moving average for the period of 200-days by -25.66% in comparison to the 20-day moving average, which settled at $87.92. In addition, Lamb Weston Holdings Inc saw -22.55% 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:
- 0.16 for the present operating margin
- 0.27 for the gross margin
The net margin for Lamb Weston Holdings Inc stands at 0.17. The total capital return value is set at 0.19. Equity return is now at value 88.53, with 17.75 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 0.23. The debt to equity ratio resting at 2.2. The interest coverage ratio of the stock is 8.08.
Currently, EBITDA for the company is 1.1 billion with net debt to EBITDA at 2.88. When we switch over and look at the enterprise to sales, we see a ratio of 2.43. The receivables turnover for the company is 8.9for 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 1.19.
Conclusion
In summary, Lamb Weston Holdings Inc (LW) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
