|Bid||0.00 x 900|
|Ask||0.00 x 1000|
|Day's range||64.81 - 67.56|
|52-week range||58.67 - 86.41|
|Beta (5Y monthly)||0.77|
|PE ratio (TTM)||39.08|
|Earnings date||05 Oct 2021 - 11 Oct 2021|
|Forward dividend & yield||0.94 (1.18%)|
|Ex-dividend date||06 May 2021|
|1y target est||90.67|
The heavy selling pressure might have exhausted for Lamb Weston (LW) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Shares of Lamb Weston Holdings (NYSE: LW) slumped 13.5% today. Lamb Weston's fourth-quarter results were pretty solid in many respects. The business is showing clear signs of recovery from the worst of last year's pandemic-related challenges, but management also cautioned about inflationary pressures and issued underwhelming sales guidance.
At this time, I would like to turn the conference over to Dexter Congbalay, VP, Investor Relations of Lamb Weston. Good morning, and thank you for joining us for Lamb Weston's Fourth Quarter and Fiscal 2021 Earnings Call.