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Landec Corporation LNDC

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Price alert · LNDC

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8.76 0.00 0.00%

At close

8.75 Day range 9.01

52-week range unavailable

Open
9.01
Prev close
8.76
Mkt cap
259.26M
Vol
52.47K
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
0.00%
More statistics
Low
8.75
High
9.01
Forward P/E
38.09
Beta
1.10
Short ratio
4.61
Inst. own
85.33%
Dividend
0.00
Ex-div date
Earnings
Jan 4, 2023
50-d avg
8.89
200-d avg
10.04
1y target
13.75

2Y chart

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Key statistics

Market cap
259.26M
Enterprise value
425.30M
Trailing P/E
0.00
Forward P/E
38.09
PEG ratio
-3.22
Price / sales
1.38
Price / book
2.68
EPS (TTM)
-2.17
Beta
1.10
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
-53.34%
Revenue (TTM)
187.51M
Revenue growth
4.10%
Free cash flow
-25.20M
Total cash
4.31M
Total debt
157.04M
Return on equity
-34.88%
Shares outstanding
29.60M
Short % of float
1.39%
50-day average
8.89
200-day average
10.04

Analyst view

Consensus: strong buy

Strong buy
Price target (mean) 13.75 +57.0% upside
Target (low)
12.00
Target (mean)
13.75
Target (high)
16.00
Ratings (0m) 3 3 buy · 0 hold · 0 sell
  • Strong buy1
  • Buy2
  • Hold0
  • Sell0
  • Strong sell0

Next earnings

Jan 4, 2023

Expected Jan 4, 2023. Consensus EPS estimate -0.04.

Earnings history

Earnings

LNDC recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Jan 4, 2023Nov 1, 2022-0.02———
Oct 6, 2022Aug 1, 2022-0.12———
Aug 10, 2022May 1, 2022-0.02———
Apr 5, 2022Feb 1, 20220.00———
Jan 5, 2022Nov 1, 2021-0.08———
Sep 29, 2021Aug 1, 2021-0.11———

Upgrades / downgrades

LNDC analyst upgrades and downgrades
DateFirmActionFromTo
Oct 7, 2022Barrington Researchmain—Outperform
Aug 11, 2022Barrington ResearchupMarket PerformOutperform
Jul 20, 2022Stephens & Co.init—Overweight
Apr 6, 2022Barrington ResearchdownOutperformMarket Perform
Oct 4, 2021Roth Capitalmain—Buy
Jul 30, 2021Roth Capitalmain—Buy

About Landec Corporation

Landec Corporation, together with its subsidiaries, designs, develops, manufactures, and sells differentiated health and wellness products for food and biomaterials markets in the United States and internationally. It operates through Lifecore, Curation Foods, and Other segments. The Lifecore segment engages in the manufacture of pharmaceutical-grade sodium hyaluronate (HA) in bulk form, as well as formulated and filled syringes and vials for injectable products used in treating a range of medical conditions and procedures. It also provides services, including technology development, material component changes, analytical method development, formulation development, pilot studies, stability studies, process validation, and production of materials for clinical studies to its partners for HA-based and non-HA based aseptically formulated and filled products. This segment sells its non-HA products for medical use primarily in the ophthalmic, orthopedic, and other markets. The Curation Foods segment engages in processing, marketing, and selling of olive oils and wine vinegars under the O brand; and guacamole and avocado food products under the Yucatan and Cabo Fresh brands, as well as various private labels. Landec Corporation was incorporated in 1986 and is headquartered in Santa Maria, California.

Sector
Healthcare
Industry
Drug Manufacturers—Specialty & Generic
Country
United States
Website
landec.com

News

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Insider holders

LNDC insider holders
InsiderRelationLatest transactionDateShares held
BARBAROSH CRAIG ADirectorConversion of Exercise of derivative securityJun 2, 20220
CAROSELLA DEBORAH DDirectorConversion of Exercise of derivative securityJun 2, 202236,588
EDWARDS JEFFREY LDirectorStock Award(Grant)Jun 2, 202212,457
HALL JAMES GOfficerStock Award(Grant)Aug 4, 202251,096
HOUDE KATRINA LOVASDirectorStock Award(Grant)Jun 2, 202222,696
OBUS NELSONDirectorStock Award(Grant)Jun 2, 202251,477

Institution ownership

LNDC institution ownership
Holder% heldSharesValueReported
Wynnefield Capital Management LLC11.94%3,533,28730.95MSep 29, 2022
Legion Partners Asset Management, LLC9.94%2,940,34025.76MSep 29, 2022
Blackrock Inc.6.43%1,902,02216.66MJun 29, 2022
Cove Street Capital, LLC6.38%1,888,49416.54MSep 29, 2022
Dimensional Fund Advisors LP6.20%1,833,90216.06MSep 29, 2022
22NW, LP5.93%1,755,16115.38MSep 29, 2022

Fund ownership

LNDC fund ownership
Holder% heldSharesValueReported
Heartland Value Fund3.55%1,050,0009.20MSep 29, 2022
Vanguard Total Stock Market Index Fund2.54%751,1826.58MJun 29, 2022
iShares Russell 2000 ETF1.85%547,9144.80MSep 29, 2022
DFA U.S. Small Cap Value Series1.57%465,2824.08MJul 30, 2022
Tocqueville Phoenix Fund1.31%388,7003.41MSep 29, 2022
Vanguard Extended Market Index Fund1.25%369,2203.23MJun 29, 2022
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