Lamb Weston Holdings is experiencing a range of activities. Its sequential sales recovery is expected to drive its stock higher, with the firm getting a buy recommendation from analysts. Some key investment firms have been increasing their holdings while others have been decreasing. Despite a class action lawsuit filed against Lamb Weston, the firm has announced a $0.36 quarterly dividend and has an average investment return of 39% over the past five years. However, its third-quarter earnings have missed analyst expectations, and a software issue has prompted a reduction in its full-year outlook. The firm has faced challenges related to an ERP system, raising queries about earnings quality. Amid the given turbulence, some investors view the lower stock price as an opportunity for purchasing while some believe that the stock is not cheap enough. Lamb Weston showed strong growth in its Q2 of fiscal 2024 but the EPS missed by 27%. The company's balance sheet health is being questioned as well as its returns on capital.
Lamb Weston Holdings LW News Analytics from Thu, 04 Jan 2024 08:00:00 GMT to Sun, 21 Jul 2024 22:58:21 GMT -
Rating 4
- Innovation -3
- Information 7
- Rumor -2
