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Is Lamb Weston Holdings Inc (LW) a good stock to buy now?

Lamb Weston Holdings Inc (NYSE: LW) is -39.95% lower on its value in year-to-date trading and has touched a low of $52.99 and a high of $111.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LW stock was last observed hovering at around $64.74 in the last trading session, with the day’s gains setting it 0.17%.

Currently trading at $64.91, the stock is 1.03% and 4.30% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.01 million and changing 0.26% at the moment leaves the stock -24.61% off its SMA200. LW registered -29.80% loss for a year compared to 6-month loss of -37.47%. The firm has a 50-day simple moving average (SMA 50) of $61.947 and a 200-day simple moving average (SMA200) of $85.8886.

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The stock witnessed a 4.83% gain in the last 1 month and extending the period to 3 months gives it a -21.55%, and is 0.11% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.41% over the week and 2.36% over the month.

Lamb Weston Holdings Inc (LW) has around 10700 employees, a market worth around $9.33B and $6.47B in sales. Current P/E ratio is 13.04 and Fwd P/E is 12.87. Profit margin for the company is 11.22%. Distance from 52-week low is 22.49% and -41.98% from its 52-week high. The company has generated returns on investments over the last 12 months (13.58%).

with sales reaching $1.67B over the same period.The EPS is expected to shrink by -11.70% this year, but quarterly earnings will post 2.30% year-over-year.

Lamb Weston Holdings Inc (LW) Top Institutional Holders

1064.0 institutions hold shares in Lamb Weston Holdings Inc (LW), with institutional investors hold 99.92% of the company’s shares. The shares outstanding are 143.67M, and float is at 139.64M with Short Float at 4.47%. Institutions hold 99.18% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 17.05 million shares valued at $1.43 billion. The investor’s holdings represent 11.7961% of the LW Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 15.92 million shares valued at $1.34 billion to account for 11.0196 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 10.12 million shares representing 7.0003% and valued at over $850.5 million, while STATE STREET CORP holds 3.9252 of the shares totaling 5.67 million with a market value of $476.89 million.

Lamb Weston Holdings Inc (LW) Insider Activity

The most recent transaction is an insider purchase by JURGENSEN WILLIAM G, the company’s Director. SEC filings show that JURGENSEN WILLIAM G bought 10,000 shares of the company’s common stock on Jul 26 ’24 at a price of $55.43 per share for a total of $0.55 million. Following the purchase, the insider now owns 0.17 million shares.

Lamb Weston Holdings Inc disclosed in a document filed with the SEC on Jul 26 ’24 that NIBLOCK ROBERT A (Director) bought a total of 5,000 shares of the company’s common stock. The trade occurred on Jul 26 ’24 and was made at $55.50 per share for $0.28 million. Following the transaction, the insider now directly holds 20805.0 shares of the LW stock.

Still, SEC filings show that on Oct 16 ’23, JURGENSEN WILLIAM G (Director) acquired 3,000 shares at an average price of $84.35 for $0.25 million. The insider now directly holds 162,835 shares of Lamb Weston Holdings Inc (LW).

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