With 1.8 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.53 million shares. The 52-week range on LW shows that it touched its highest point at $107.50 and its lowest point at $52.99 during that stretch. It currently has a 1-year price target of $67.75. With its current market cap of 8.10 billion, LW has annualized dividend of $1.45 while the current yield stands at 2.55%. Beta for the stock currently stands at 0.73.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LW was up-trending over the past week, with a rise of 0.51%, but this was down by -9.39% over a month. Three-month performance dropped to -24.73% while six-month performance fell -9.73%. The stock lost -43.88% in the past year, while it has lost -14.99% so far this year. A look at the trailing 12-month EPS for LW yields 2.53 with Next year EPS estimates of 3.66. For the next quarter, that number is 0.89. This implies an EPS growth rate of -39.12% for this year and 18.35% for next year. EPS is expected to decline by -7.94% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.43%.
Float and Shares Shorts:
At present, 142.64 million LW shares are outstanding with a float of 140.01 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LW since 6 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $5.57162 being high and $5.5415 being low. For LW, this leads to a yearly average estimate of $5.55154. Based on analyst estimates, the high estimate for the next quarter is $0.92 and the low estimate is $0.69. The average estimate for the next quarter is thus $0.82.
