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What is the Market's View on Lamb Weston Holdings Inc (LW) Stock's Price and Volume Trends Tuesday?

Tuesday, March 26, 2024 03:52 PM | InvestorsObserver Analysts

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What is the Market's View on Lamb Weston Holdings Inc (LW) Stock's Price and Volume Trends Tuesday?

Lamb Weston Holdings Inc (LW) stock has gained 1.13% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
Lamb Weston Holdings Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on LW!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With LW Stock Today?

Lamb Weston Holdings Inc (LW) stock is up 2.28% while the S&P 500 is down -0.14% as of 3:44 PM on Tuesday, Mar 26. LW has risen $2.34 from the previous closing price of $102.62 on volume of 1,701,441 shares. Over the past year the S&P 500 has gained 31.00% while LW has risen 3.23%. LW earned $7.69 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 13.71. To see InvestorsObserver's Sentiment Score for Lamb Weston Holdings Inc click here.

More About Lamb Weston Holdings Inc

Lamb Weston is the world's second-largest producer of branded and private-label frozen potato products, such as French fries, sweet potato fries, tater tots, diced potatoes, mashed potatoes, hash browns, and chips. The company also has a small appetizer business that produces onion rings, mozzarella sticks, and cheese curds. Including joint ventures, 52% of fiscal 2021 revenue was U.S.-based, with the remainder stemming from Europe, Canada, Japan, China, Korea, Mexico, and several other countries. we estimate Lamb Weston's customer mix is 58% quick-serve restaurants, 19% full-service restaurants, 8% other food service (hotels, commercial cafeterias, arenas, schools), and 16% retail. Lamb Weston became an independent company in 2016 when it was spun off from Conagra. Click Here to get the full Stock Report for Lamb Weston Holdings Inc stock.

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