Lamb Weston Holdings Inc (NYSE: LW) Emerges As Guiding Light For Investors

Lamb Weston Holdings Inc (NYSE:LW) currently has a daily average trading volume of 3.10M but it saw 1407383 shares traded in last market. With a market cap of 8.99B USD, the company’s current market price of $62.57 came falling about -0.16 while comparing to the previous closing price of $62.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $111.88 and as low as $52.99. In the recent trading on the day, stock has struck highest price mark of $61.495 while lowest mark touched by it was $62.665.

Taking a look at 20-day trading activity of Lamb Weston Holdings Inc (LW) gives us an average price of $61.95, while its current price level is -44.07% below from 52-week high level whereas it is 18.08% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $65.90 while that of 200 days or SMA-200 reads an average of $88.39. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.31% during that period while stretching the period over a month that decreases to 2.04%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.15 which implies that the stock is in neutral territory.

TD Cowen downgraded its recommendation for the stock as a “Hold” from “Buy” on July 25, 2024 while assigning a price target range of $105-$61. Stifel also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $115 and $60.

Over the week, LW’s stock price is moving 1.44% up while it is 7.31% when we observe its performance for the past one month. Year-to-date it is -42.11% down and over the past year, the stock is showing a downside performance of -36.75%.

Currently, Lamb Weston Holdings Inc’s total number of outstanding shares is 143.67M. Company’s return on investment (ROI) stands at 13.58% and return on equity (ROE) at 45.36%. It has a price to earnings ratio (P/E ratio) of 12.57 while having a 12.34 of forward P/E ratio. Stock’s beta reads 0.74. Stock has a price to book (P/B) ratio of 5.03 while price to sale or P/S ratio amounts to 1.39. Its return on asset (ROA) is 10.45% on average.