Lamb Weston Holdings Inc (NYSE:LW) price closed higher on Tuesday, April 16, jumping 2.64% above its previous close.
A look at the daily price movement shows that the last close reads $79.95. The company’s P/E ratio in the trailing 12-month period read 10.97. Taking into account the 52-week price action we note that the stock hit a 52-week high of $117.38 and 52-week low of $77.41. The stock subtracted -19.60% on its value in the past month.
Lamb Weston Holdings Inc, which has a market valuation of $11.85 billion. The company stock has a Forward Dividend ratio of 1.20, while the dividend yield is 1.46%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give LW a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.75. The overview shows that LW’s price is at present -13.04% off the SMA20 and -17.14% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 30.81, with weekly volatility standing at 3.07%. The indicator jumps to 3.17% when calculated based on the past 30 days. Lamb Weston Holdings Inc (NYSE:LW)’s beta value is holding at 0.80, while the average true range (ATR) indicator is currently reading 3.28.
An analysis of the Lamb Weston Holdings Inc (NYSE:LW) stock in terms of its daily trading volume indicates that the 3-month average is 2.31 million.
Current records show that the company has 145.67M in outstanding shares. The insiders’ percentage holdings are 2.05% of outstanding shares while the percentage share held by institutions stands at 89.73%. But the -24.08% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
