Monthly Stock Report: Lamb Weston Holdings, Inc. (LW)
Publication Date: September 22, 2024
Company Overview
Lamb Weston Holdings, Inc. (LW) is a leading producer of frozen potato products, headquartered in Eagle, Idaho. Established in 1950, the company offers a diverse lineup of products, including frozen potatoes, appetizers, and commercial ingredients, under esteemed brands like Grown in Idaho and Alexia. With a robust presence in the Packaged Foods industry within the Consumer Staples sector, Lamb Weston serves a wide range of clients, including restaurants, grocery stores, and foodservice providers across the U.S., Canada, Mexico, and beyond. The company has demonstrated significant financial performance, reporting total revenues of approximately $6.47 billion, reflecting a strong position in the market.
Financial Performance & Analyst Sentiment
As of the latest analysis, Lamb Weston’s stock price is positioned at $65.44, below the target mean price of $68.85, suggesting strong potential for price appreciation. Analysts have set a target high price at $79.00, indicating bullish sentiment, while a target low price of $60.00 offers a conservative perspective on potential market fluctuations. With a recommendation key of “buy” backed by the assessments of 11 analysts, the consensus reflects confidence in Lamb Weston’s growth trajectory. The current short interest is at a minimal level, representing just 0.0627% of the float, suggesting a stable outlook and limited bearish sentiment among investors.
Market Trends & Price Analysis
Examining recent market trends, Lamb Weston’s fifty-day moving average of $63.77 indicates a slight upward momentum, positioning the stock positively in the near term. The fifty-two-week high of $111.87 highlights the stock’s potential for recovery, while the low of $52.99 underscores its historical volatility. Overall, these metrics present a compelling opportunity for investors to assess Lamb Weston as a viable option in the food industry, combining resilience and potential growth in an ever-evolving market landscape.
By staying informed on Lamb Weston Holdings, Inc. and its market position, investors can make strategic decisions aligned with current economic trends and company performance.
Metric | Value |
---|---|
Market Cap | $9.4b |
Total Debt | $4.0b |
Total Cash | $71.4m |
Shares Outstanding | 143.7m |
Float Shares | 142.7m |
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