News articles about Lamb Weston Holdings (NYSE:LW) have been trending somewhat positive on Sunday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Lamb Weston Holdings earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned news stories about the specialty retailer an impact score of 45.8705139937435 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Shining the Spotlight on Lamb Weston Holdings Inc (LW)’s Numbers … - Financial News Review (finnewsreview.com)
- Research Desk Line-up: Pinnacle Foods Post Earnings Coverage (finance.yahoo.com)
- Lamb Weston Holdings Inc. (LW) Expected to Announce Quarterly Sales of $797.70 Million (americanbankingnews.com)
- Two Stocks You May Need To Reconsider: Lamb Weston Holdings, Inc. (LW), PG&E Corporation (PCG) - AllStockNews (allstocknews.com)
- Lamb Weston Holdings, Inc. (LW) Ex-Dividend Date Scheduled for August 02, 2017 - Nasdaq (nasdaq.com)
Several research firms have issued reports on LW. Zacks Investment Research lowered Lamb Weston Holdings from a “buy” rating to a “hold” rating in a report on Friday, July 28th. Morgan Stanley restated an “equal weight” rating and issued a $46.00 price objective (up from $45.00) on shares of Lamb Weston Holdings in a research report on Wednesday, July 26th. Bank of America Corporation boosted their price objective on Lamb Weston Holdings from $46.00 to $48.00 and gave the company a “buy” rating in a research report on Monday, July 10th. Stifel Nicolaus downgraded Lamb Weston Holdings from a “buy” rating to a “hold” rating and boosted their price objective for the company from $42.00 to $44.00 in a research report on Tuesday, July 4th. Finally, CL King assumed coverage on Lamb Weston Holdings in a research report on Tuesday, May 23rd. They issued a “strong-buy” rating and a $55.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $46.22.
Lamb Weston Holdings (LW) opened at 43.62 on Friday. Lamb Weston Holdings has a 12 month low of $28.75 and a 12 month high of $49.94. The stock has a market capitalization of $6.37 billion and a P/E ratio of 19.65. The stock has a 50 day moving average price of $44.49 and a 200 day moving average price of $42.36.
Lamb Weston Holdings (NYSE:LW) last posted its earnings results on Tuesday, July 25th. The specialty retailer reported $0.51 EPS for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.03. The business had revenue of $833 million for the quarter, compared to analyst estimates of $810.85 million. During the same quarter last year, the business earned $0.29 earnings per share. Lamb Weston Holdings’s revenue was up 7.2% on a year-over-year basis. Equities analysts predict that Lamb Weston Holdings will post $2.30 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Friday, August 4th will be given a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date of this dividend is Wednesday, August 2nd.
Lamb Weston Holdings Company Profile
Lamb Weston Holdings, Inc (Lamb Weston), is a supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers around the world. The Company’s segments include Global, Foodservice, Retail and Other. The Global segment includes operations associated with Lamb Weston’s business with large chain restaurant customers, whether those results are generated in the United States or abroad, as well as operations associated with retail and foodservice customers located outside of the United States and Canada.
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