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LW

Lamb Weston

$56.06

0.69 (1.25%)

08:32
01/04/18
01/04
08:32
01/04/18
08:32

Lamb Weston sees FY18 net sales up MSD vs. previous view of LSD to MSD

The company expects: Net sales to grow mid-single digits, with price/mix and volume growth improving in the second half of fiscal 2018 as new pricing structures for an increasing number of customer contracts become effective and as the Company's new production capacity in Richland, Washington becomes available. The Company's previous estimate was for net sales to grow low-to-mid single digits. Adjusted EBITDA including unconsolidated joint ventures to be in the range of $780 million to $790 million, including higher selling, general and administrative expenses as a percentage of sales for fiscal 2018 due to the full-year impact of incremental costs associated with being a stand-alone public company, as well as higher advertising and promotional expense in support of the introduction of the Company's Grown in Idaho product line in retail. Using the mid-point of the range, this represents an increase of approximately 13% percent versus a fiscal 2017 pro forma Adjusted EBITDA including unconsolidated joint ventures of $692 million. The Company's previous estimate was for Adjusted EBITDA including unconsolidated joint ventures to be in the range of $740 million to $760 million. Total interest expense for fiscal 2018 to continue to be in the range of $105 million to $110 million, which is an increase of approximately $45 million to $50 million from fiscal 2017 due to the full-year impact of the Company's capital structure after the spinoff from Conagra. Cash used for capital expenditures to be approximately $250 million for fiscal 2018, an increase of $25 million versus the previous estimate of $225 million. This increase primarily relates to costs associated with the initial phase of construction of a new production line at our Hermiston, Oregon facility. The Company is continuing to evaluate the effect on its effective tax rate of the tax reform legislation (the "Act") that was signed into law on December 22, 2017. The Act lowers the U.S. corporate tax rate from 35 percent to 21 percent, and sets forth other provisions that may affect the Company's effective tax rate for fiscal 2018. As a result, the Act will result in a blended effective tax rate for the Company for fiscal 2018 that is lower than the Company's original estimated range of 33 to 34 percent.

  • 04

    Jan

LW Lamb Weston
$56.06

0.69 (1.25%)

01/03/18
JEFF
01/03/18
NO CHANGE
Target $64
JEFF
Buy
Lamb Weston price target raised to $64 from $58 at Jefferies
Jefferies analyst Akshay Jagdale raised his price target for Lamb Weston shares to $64 saying he continues to see "significant upside" to fiscal 2018 estimates. Tight industry capacity is driving higher prices, while demand has been stronger than expected, especially in North America, Jagdale tells investors in a research note. Lamb Weston remains one of the analyst's top picks with a Buy rating.
10/05/17
JEFF
10/05/17
NO CHANGE
Target $58
JEFF
Buy
Lamb Weston price target raised to $58 from $53 at Jefferies
Jefferies analyst Akshay Jagdale raised his price target for Lamb Weston to $58 saying the company's Q1 results reaffirmed his positive view on industry fundamentals. The analyst continues to see upside to FY18 estimates and reiterates a Buy rating on the shares.
07/26/17
JEFF
07/26/17
NO CHANGE
Target $53
JEFF
Buy
Lamb Weston FY18 guidance still has upside, says Jefferies
Jefferies analyst Akshay Jagdale says that despite some "noise" in the Q4 results, Lamb Weston's FY18 guidance continues to have upside on better than expected pricing, volume and joint venture earnings growth. The analyst reiterates a Buy rating on the shares with a $53 price target.
07/19/17
JEFF
07/19/17
NO CHANGE
JEFF
Jefferies lays out stocks 'overly discounting' Amazon risk
Amazon.com's (AMZN) planned purchase of Whole Foods Market (WFM) has further widened the valuation spread between consumer stocks the market views as resistant to the Aamzon threat and those viewed as vulnerable, Jefferies analysts including Andy Barish and Daniel Binder tells investors in a research note. They believe this dynamic has created opportunities. Specifically, the analysts feel shares of Wal-Mart (WMT), Hain Celestial (HAIN), Foot Locker (FL) and Advance Auto Parts (AAP) are "overly discounting" potential risk from Amazon. Jefferies also believes Casey's General Stores (CASY), Lamb Weston (LW), Murphy USA (MUSA), Monster Beverage (MNST), Starbucks (SBUX) and Ulta Beauty (ULTA) are "well insulated" from Amazon disruption.

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DLNG

Dynagas LNG

$9.46

-0.18 (-1.87%)

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Astellas Pharma

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    Apr

VZ

Verizon

$48.66

0.74 (1.54%)

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Coca-Cola

$43.96

0.22 (0.50%)

20:25
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Verizon

$48.66

0.74 (1.54%)

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$43.96

0.22 (0.50%)

MMM

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LMT

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$358.59

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UTX

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$123.45

0.38 (0.31%)

CAT

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$153.96

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LLY

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$80.25

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NEE

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$161.23

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BIIB

Biogen

$259.30

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SHW

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$387.51

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Travelers

$137.25

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FCX

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$18.80

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PCAR

Paccar

$69.43

0.24 (0.35%)

GLW

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$27.51

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FITB

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$31.92

0.49 (1.56%)

CNC

Centene

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WAT

Waters

$209.48

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HBAN

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QSR

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WAB

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PII

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1.28 (1.07%)

HOG

Harley-Davidson

$41.00

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JBLU

JetBlue

$19.90

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SC

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GPK

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SLCA

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$27.56

-0.42 (-1.50%)

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    Dec

BOALY

Boral Ltd.

20:18
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LLY

Eli Lilly

$80.25

1.16 (1.47%)

, INCY

Incyte

$68.15

-0.26 (-0.38%)

20:14
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LLY

Eli Lilly

$80.25

1.16 (1.47%)

INCY

Incyte

$68.15

-0.26 (-0.38%)

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VBTX

Veritex

$28.01

0.11 (0.39%)

19:35
04/23/18
04/23
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Earnings
Veritex reports Q1 EPS 42c, consensus 40c »

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FSUMY

Fortescue Metal

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SANM

Sanmina

$27.70

0.1 (0.36%)

, CDNS

Cadence Design

$36.75

-0.27 (-0.73%)

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$27.70

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CDNS

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HLX

Helix Energy

$6.24

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TRMB

Trimble

$36.13

-0.44 (-1.20%)

RUSHA

Rush Enterprises

$43.00

-0.3 (-0.69%)

SLM

Sallie Mae

$11.68

0.015 (0.13%)

ZION

Zions Bancorp

$54.27

0.47 (0.87%)

AMP

Ameriprise

$145.45

1.74 (1.21%)

GOOG

Alphabet

$1,067.70

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ZYME

Zymeworks

$12.08

0.095 (0.79%)

TNDM

TNDM

LQ

La Quinta

$19.55

0.09 (0.46%)

BP

BP

$43.92

0.415 (0.95%)

DGICA

Donegal Group

$15.07

-0.11 (-0.72%)

AMTD

TD Ameritrade

$61.21

-0.04 (-0.07%)

WHR

Whirlpool

$150.31

0.885 (0.59%)

TVTY

Tivity Health

$39.50

-0.6 (-1.50%)

BRO

Brown & Brown

$26.56

0.6 (2.31%)

ABX

Barrick Gold

$12.93

-0.23 (-1.75%)

OI

Owens-Illinois

$21.76

0.13 (0.60%)

EPZM

Epizyme

$15.25

-0.65 (-4.09%)

AGO

Assured Guaranty

$35.90

-0.81 (-2.21%)

CASA

Casa Systems

$29.81

-0.35 (-1.16%)

BBBY

Bed Bath & Beyond

$17.35

0.22 (1.28%)

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UAL

United Continental

$70.32

-1.405 (-1.96%)

18:45
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  • 26

    Jun

UAL

United Continental

$70.32

-1.405 (-1.96%)

18:37
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  • 26

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INFY

Infosys

$17.43

0.05 (0.29%)

18:12
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Hot Stocks
Infosys sees FY18 revenue growth trending at 7.2% rate »

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  • 23

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SFNC

Simmons First National

$28.95

0.2 (0.70%)

18:04
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HLX

Helix Energy

$6.24

-0.245 (-3.78%)

18:01
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Earnings
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GLRE

Greenlight Capital Re

, AGO

Assured Guaranty

$35.90

-0.81 (-2.21%)

17:50
04/23/18
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Einhorn says Assured Guaranty has a lot of exposure to Puerto Rico »

Says Assured…

GLRE

Greenlight Capital Re

AGO

Assured Guaranty

$35.90

-0.81 (-2.21%)

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TVTY

Tivity Health

$39.50

-0.6 (-1.50%)

17:45
04/23/18
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Tivity Health falls 19% after Q1 revenue misses estimates »

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TVTY

Tivity Health

$39.50

-0.6 (-1.50%)

17:42
04/23/18
04/23
17:42
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17:42
Earnings
Tivity Health affirms FY18 EPS 2.12-$2.20, consensus $2.16 »

Backs FY18 revenue view…

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GLRE

Greenlight Capital Re

, AGO

Assured Guaranty

$35.90

-0.81 (-2.21%)

17:42
04/23/18
04/23
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17:42
Hot Stocks
Greenlight Capital's Einhorn says Assured Guaranty has no room for losses »

Says Assured Guaranty …

GLRE

Greenlight Capital Re

AGO

Assured Guaranty

$35.90

-0.81 (-2.21%)

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  • 01

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HD

Home Depot

$177.73

0.68 (0.38%)

, LOW

Lowe's

$84.34

0.71 (0.85%)

17:40
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04/23
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17:40
Initiation
Home Depot, Lowe's, Tractor Supply, O'Reilly Automotive, AutoZone, At Home Group, National Vision initiated at Wells Fargo »

Home improvement and…

HD

Home Depot

$177.73

0.68 (0.38%)

LOW

Lowe's

$84.34

0.71 (0.85%)

TSCO

Tractor Supply

$61.64

1.33 (2.21%)

ORLY

O'Reilly Automotive

$222.54

1.06 (0.48%)

AZO

AutoZone

$599.45

3.63 (0.61%)

HOME

At Home Group

$34.69

-0.305 (-0.87%)

EYE

National Vision

$31.57

-0.02 (-0.06%)

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WBS

Webster Financial

$59.94

0.555 (0.93%)

17:37
04/23/18
04/23
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17:37
Hot Stocks
Webster Financial increases dividend 7c to 33c »

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SCHW

Charles Schwab

$55.37

0.37 (0.67%)

17:36
04/23/18
04/23
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17:36
Hot Stocks
Charles Schwab chairman Charles Schwab sells 250K shares »

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NDAQ

Nasdaq

$86.92

-0.52 (-0.59%)

17:36
04/23/18
04/23
17:36
04/23/18
17:36
Periodicals
Nasdaq proposes to let companies pick where their shares trade, Reuters says »

Nasdaq said it plans to…

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GLRE

Greenlight Capital Re

, AGO

Assured Guaranty

$35.90

-0.81 (-2.21%)

17:35
04/23/18
04/23
17:35
04/23/18
17:35
Hot Stocks
Greenlight Capital's Einhorn says short Assured Guaranty »

David Einhorn, president,…

GLRE

Greenlight Capital Re

AGO

Assured Guaranty

$35.90

-0.81 (-2.21%)

03/08/13
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  • 01

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SFE

Safeguard Scientifics

$12.25

-0.25 (-2.00%)

17:32
04/23/18
04/23
17:32
04/23/18
17:32
Hot Stocks
Safeguard Scientifics enters agreement with Sierra Capital »

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  • 26

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