Lifeway (LWAY) Stock Jumps 23.6%: Will It Continue to Soar?

Zacks2024-09-25

Lifeway Foods (LWAY) shares soared 23.6% in the last trading session to close at $26.57. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2470250149?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/PC14WK8jIXxZZBo8D.5tcg--~B/aD01Nzg7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b1a88f62c79fa9497813c06567d05a92","is_english":true,"pubTime":"2024-09-25 20:01","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2470250149","market":"us","top_or_hot":-1,"title":"Lifeway (LWAY) Stock Jumps 23.6%: Will It Continue to Soar?","media":"Zacks","content":"<div>\n<p>Lifeway Foods (LWAY) shares soared 23.6% in the last trading session to close at $26.57. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares...</p>\n\n<a href=\"https://finance.yahoo.com/news/lifeway-lway-stock-jumps-23-120100066.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lifeway (LWAY) Stock Jumps 23.6%: Will It Continue to Soar?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLifeway (LWAY) Stock Jumps 23.6%: Will It Continue to Soar?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-25 20:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/lifeway-lway-stock-jumps-23-120100066.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lifeway Foods (LWAY) shares soared 23.6% in the last trading session to close at $26.57. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares...</p>\n\n<a href=\"https://finance.yahoo.com/news/lifeway-lway-stock-jumps-23-120100066.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://finance.yahoo.com/news/lifeway-lway-stock-jumps-23-120100066.html","article_id":"2470250149","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/PC14WK8jIXxZZBo8D.5tcg--~B/aD01Nzg7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b1a88f62c79fa9497813c06567d05a92"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470250149","pubTimestamp":1727265660,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Lifeway Foods  shares soared 23.6% in the last trading session to close at $26.57. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 15.2% gain over the past four weeks.Lifeway’s shares soared after Danone proposed to acquire the remaining ownership stake it does not already own. Danone North America PBC sent a letter proposing to purchase the outstanding Lifeway shares at $25 per share in cash. At present, Danone holds a 23.4% stake in Lifeway.This dairy and cheese company is expected to post quarterly earnings of $0.27 per share in its upcoming report, which represents a year-over-year change of +17.4%. Revenues are expected to be $51.5 million, up 25.9% from the year-ago quarter.Oatly Group AB Sponsored ADR  : Free Stock Analysis Report. To read this article on Zacks.com click here.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Lifeway(LWAY)股价上涨23.6%：还会继续飙升吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LWAY":1,"OTLY":0.9},"content_text":"Lifeway Foods (LWAY) shares soared 23.6% in the last trading session to close at $26.57. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 15.2% gain over the past four weeks.\nLifeway’s shares soared after Danone proposed to acquire the remaining ownership stake it does not already own. Danone North America PBC sent a letter proposing to purchase the outstanding Lifeway shares at $25 per share in cash. At present, Danone holds a 23.4% stake in Lifeway.\nThis dairy and cheese company is expected to post quarterly earnings of $0.27 per share in its upcoming report, which represents a year-over-year change of +17.4%. Revenues are expected to be $51.5 million, up 25.9% from the year-ago quarter.\nWhile earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.\nFor Lifeway, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on LWAY going forward to see if this recent jump can turn into more strength down the road.\nThe stock currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>\nLifeway is part of the Zacks Food - Dairy Products industry. Oatly Group AB Sponsored ADR (OTLY), another stock in the same industry, closed the last trading session 2.6% higher at $0.94. OTLY has returned -1.3% in the past month.\nFor Oatly Group , the consensus EPS estimate for the upcoming report has remained unchanged over the past month at -$0.06. This represents a change of +14.3% from what the company reported a year ago. Oatly Group currently has a Zacks Rank of #3 (Hold).\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nLifeway Foods, Inc. (LWAY) : Free Stock Analysis Report\nOatly Group AB Sponsored ADR (OTLY) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2470250149"}