Market Movers

Lamb Weston Holdings, Inc.’s Stock Price Soars to $63.02, Marking a Positive 1.50% Surge

By September 7, 2024 No Comments

Lamb Weston Holdings, Inc. (LW)

63.02 USD +0.93 (+1.50%) Volume: 1.82M

Lamb Weston Holdings, Inc.’s stock price sees a positive surge of 1.50% this trading session, standing at 63.02 USD with a trading volume of 1.82M. Despite this uptick, it’s noteworthy that the stock has experienced a significant YTD decrease of 41.70%. Stay updated with LW’s stock performance in the market.


Latest developments on Lamb Weston Holdings, Inc.

Lamb Weston Holdings Inc. (NYSE:LW) has been making waves in the stock market recently, outperforming its competitors and receiving a strong consensus price target from analysts at $87.70. The company’s shares were purchased by Natixis Advisors LLC, further boosting investor confidence. Despite being labeled as the “Bear Of The Day” in some reports, Lamb Weston continues to show resilience and potential for growth. Jane’s July 2024 Retirement Income Update highlighted the company’s performance, dubbing it a “Smackdown” in the market. Investors are closely watching how to trade (LW) as the stock price movements remain dynamic and promising.


A look at Lamb Weston Holdings, Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience2
Momentum2
OVERALL SMART SCORE2.8

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

Based on the Smartkarma Smart Scores, Lamb Weston Holdings has a positive long-term outlook. With a high Growth score of 4, the company is expected to see strong expansion in the future. This is further supported by a Value score of 3, indicating that the company is trading at an attractive valuation. However, Lamb Weston Holdings scored lower on Resilience and Momentum, with scores of 2 for each, suggesting some potential vulnerabilities in these areas.

Lamb Weston Holdings, Inc. operates as a holding company that specializes in producing and supplying frozen potato products. The company offers a variety of products such as fries, oven roasted potatoes, chips, and prepared potato products. With balanced scores in Value and Dividend at 3, and a strong Growth score of 4, Lamb Weston Holdings shows promise for long-term growth and stability in the frozen food industry.


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.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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