Shares of Lamb Weston Holdings Inc. (NYSE:LW) [Trend Analysis] runs in leading trade, it surging 0.52% to trade at $32.68. Lamb Weston Holdings, Inc. (LW) announced that Robert McNutt has been appointed senior vice president and chief financial officer, effective Jan. 16, 2017. McNutt will report to Tom Werner, president and chief executive officer of Lamb Weston.
“Robert’s experience leading finance for public companies will serve Lamb Weston well as we embark on our next chapter,” stated Tom Werner. “Robert has a wealth of relevant experience driving performance that I know will benefit Lamb Weston.” “I look forward to joining the team at Lamb Weston during this exciting time and working with Tom and his leadership team to deliver shareholder value,” stated McNutt. John Gehring, interim chief financial officer, will extend his role through the end of January to ensure a successful transition.
The stock price of LW is moving up from its 20 days moving average with 3.59% and isolated positively from 50 days moving average with 3.59%.
Dr Pepper Snapple Group, Inc. (NYSE:DPS) [Trend Analysis] luring active investment momentum, shares a gain 0.53% to $83.48. The stock got a shaky start early morning on analyst’s remarks. Following the EPS trend, pool of analysts gave current quarter Per-Share Earnings estimates trends of $1.06 for the DPS while maintaining high price target of 108 and average of 94.12, as reported by WSJ.
For the next year first quarter, analysts predicted EPS estimates trend of $1.01 which would leave an impact on the stock performance in coming months. In the ratings chart, 1 analyst gave ratings of underweight for the previous quarter while 1 gave underweight for current period. In addition, for the current month 15 number of analysts gave ratings for hold as compared to last month 16 number of analysts stood in same position. The overall pool of consensus ranking was for Hold in current month as it was Hold security in previous month.
The total volume of 1.42 Million shares held in the session was surprisingly higher than its average volume of 1288.05 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 11.50%, and looking further price to next year’s EPS is 8.06%. While take a short look on price to sales ratio, that was 2.41 and price to earnings ratio of 18.08 attracting passive investors.