Shares of Lamb Weston Holdings (NYSE:LW) have been assigned a consensus recommendation of "Buy" from the seven brokerages that are covering the firm, MarketBeat.com reports. 474,461 shares of the company's stock traded hands, compared to its average volume of 1,499,255. Garde Capital Inc. lifted its position in shares of Lamb Weston by 22.8% during the fourth quarter. The business had revenue of $863.40 million for the quarter, compared to analyst estimates of $813.81 million. Jefferies maintained the shares of LW in report on Wednesday, April 19 with "Buy" rating. After $0.91 EPS report previous quarter, Wall Street now sees -30.77 % negative EPS growth of Lamb Weston Holdings, Inc.
Several research firms recently issued reports on LW. (NYSE:LW). Today's stock price was $66.59. The company has a current ratio of 1.72, a quick ratio of 0.63 and a debt-to-equity ratio of -5.98. The company has an average rating of Buy and a consensus target price of $59.71. Zacks Investment Research upgraded shares of Lamb Weston from a "hold" rating to a "buy" rating and set a $63.00 price objective for the company in a research report on Thursday, March 29th. Lamb Weston has a 12 month low of $40.61 and a 12 month high of $60.85. Stifel Nicolaus restated a "hold" rating and set a $64.00 price objective (up from $58.00) on shares of Lamb Weston in a research note on Monday, January 22nd. The stock has a market cap of $9,737.06, a PE ratio of 28.70, a P/E/G ratio of 2.13 and a beta of 0.78. They expect $0.63 earnings per share, up 23.53 % or $0.12 from last year's $0.51 per share.
The company also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Lamb Weston presently has a consensus rating of "Buy" and a consensus price target of $57.43. Stockholders of record on Friday, May 4th will be paid a $0.1913 dividend. It's down -0.30, from 1.84 in 2017Q3. William Blair Investment Management LLC lifted its stake in shares of Lamb Weston by 12.5% in the 4th quarter. The ex-dividend date of this dividend is Thursday, May 3rd. Lamb Weston's dividend payout ratio is now 32.76%.
Several institutional investors and hedge funds have recently made changes to their positions in LW. Telemus Capital LLC lifted its stake in Lamb Weston by 1.1% in the fourth quarter. William Blair Investment Management LLC now owns 17,932 shares of the specialty retailer's stock valued at $1,012,000 after purchasing an additional 1,995 shares during the period. Garde Capital Inc. now owns 7,000 shares of the specialty retailer's stock valued at $395,000 after purchasing an additional 1,300 shares during the period.
News stories about Lamb Weston (NYSE:LW) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Finally, Phocas Financial Corp. lifted its stake in shares of Lamb Weston by 45.1% in the 4th quarter. JPMorgan Chase & Co. now owns 691,847 shares of the specialty retailer's stock valued at $32,227,000 after acquiring an additional 320,752 shares during the period. QS Investors LLC now owns 10,101 shares of the specialty retailer's stock worth $570,000 after acquiring an additional 994 shares in the last quarter. Xact Kapitalforvaltning AB acquired a new position in shares of Lamb Weston in the 4th quarter valued at $628,000.
Lamb Weston Holdings, Inc. produces and markets value-added frozen potato products worldwide. It operates through four segments: Global, Foodservice, Retail, and Other.