Lamb Weston Holdings, Inc.’s stock price soars to $62.93, marking an impressive 3.28% increase

Lamb Weston Holdings, Inc. (LW)

62.93 USD +2.00 (+3.28%) Volume: 2.79M

Lamb Weston Holdings, Inc.’s stock price is currently at 62.93 USD, witnessing a positive surge of +3.28% in the recent trading session with a trading volume of 2.79M; however, the performance has been bearish YTD with a negative shift of -41.78%, indicating a volatile market performance.

Latest developments on Lamb Weston Holdings, Inc.

Lamb Weston Holdings‘ (NYSE:LW) stock price movements today can be attributed to the company’s declining earnings over the past year, resulting in a significant 34% loss for shareholders. Additionally, recent reports show that Envestnet Portfolio Solutions Inc. has decreased its holdings in Lamb Weston Holdings, Inc. (NYSE:LW), potentially affecting investor sentiment and stock performance. These events have likely influenced the fluctuation in Lamb Weston Holdings‘ stock price today.

A look at Lamb Weston Holdings, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, Lamb Weston Holdings has a mixed long-term outlook. While the company scores well in terms of growth, with a score of 4, indicating positive prospects for expansion and development, it falls short in terms of resilience and momentum, with scores of 2 for both factors. This suggests that Lamb Weston Holdings may face challenges in maintaining stability and sustaining its current performance in the future.

Despite its average scores in value and dividend, both rated at 3, Lamb Weston Holdings remains a key player in the frozen potato products industry. As a holding company that produces a variety of potato products such as fries, chips, and slices, the company continues to offer a wide range of options for consumers. However, investors should consider the company’s mixed Smartkarma Smart Scores when evaluating its long-term potential for growth and stability.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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