Shares of Lamb Weston Holdings Inc (NYSE:LW) fell -0.14% to reach at $36.84 during previous trading session. The company has experienced volume of 3,712,600 shares while on average the company has a capacity of trading 2.30M share.
Lamb Weston Holdings Inc (NYSE:LW) announced on January 10, 2017 its second quarter 2017 results. Net sales were $791 million, up 7 percent versus the year-ago period. Volume increased 4 percentage points as productivity programs and strong manufacturing plant performance stretched available capacity, allowing the Company to meet demand growth in both North America and international markets. Price/mix increased 3 percentage points due to pricing actions and favorable product and customer mix.
Income from operations increased 15 percent to $126 million from $110 million in the prior year period, and included $9 million of costs related to the spinoff from Conagra Brands, Inc. (formerly ConAgra Foods, Inc., “Conagra”). The increase was largely due to favorable price/mix and volume, as well as supply chain efficiencies. Raw potato costs were essentially flat versus the prior year period. Selling, general and administrative expense increased, largely due to incremental costs associated with being a stand-alone business as well as higher incentive compensation costs.
Adjusted EBITDA including unconsolidated joint ventures was $168 million, an increase of 19 percent versus the prior year period, mainly reflecting growth in income from operations, partially offset by lower equity method investment earnings.
Lamb Weston Holdings Inc (NYSE:LW) holds the market capitalization of $5.38B along with 146.00M outstanding shares. During the last trade, stock’s minimum price has been reached out at $36.19 while the maximum trading price moved at $38.96. Currently the stock price is moving -4.56% off from the highest level of twelve months and +24.38% above from twelve months low. Lamb Weston Holdings Inc (NYSE:LW) marked 52-week highest price level of $38.60 on 01/10/17 and 52-week lowest price level of $29.62 on 11/14/16. For the stock, price target value has been calculated at $39.20 based on calls of 5 experts. Stock’s minimum price target estimates has been figured out at $35.00 while the maximum price target forecast is established at $45.00.
As of current trade, Lamb Weston Holdings Inc (NYSE:LW) has shown weekly downbeat performance of -1.73%. Year-to-date (YTD) performance of the stock illustrate downbeat trend of -2.67%. Shares of Lamb Weston Holdings Inc (NYSE:LW) currently have an ABR of 2.20, derived from a total of 5 opinions. The company’s price sits 5.87% above from its 50-day moving average of $35.31 and 5.87% above from the stock’s 200-day moving average of $34.51. The company has Average True Range (ATR 14) of 1.26. Its weekly and monthly volatility is 4.34%, 3.47% respectively.
Lamb Weston Holdings Inc (NYSE:LW) currently has a PEG ratio of 7.10 where as its P/E ratio is 17.75. The company’s price to sales ratio for trailing twelve months is 1.77, whereas price to cash per share for the most recent quarter is 73.82. Lamb Weston Holdings Inc (NYSE:LW)’s quick ratio for most recent quarter is 0.80 along with current ratio for most recent quarter of 2.00. Total debt to equity ratio of the company for most recent quarter is 0.10 whereas long term debt to equity ratio for most recent quarter is 0.07. Lamb Weston Holdings Inc (NYSE:LW) has a Return on Investment of 15.00%.