Local Bounti Corporation LOCL
0.92 USD 0.00 (+0.31%)
At closeNov 3, 2026, 4:00 PM EST
0.91 -0.01 -1.58%
After hours · Nov 3, 4:00 PM ET
0.9048 Day range 0.9246
0.90 52-week range 3.13
- YTD
- -56.79%
- 1 year
- -64.44%
- Market cap
- 21.62M
- Revenue (ttm)
- 31.50M
- EPS (ttm)
- -2.24
- Shares out
- 8.66M
- Forward P/E
- -0.41
- YTD return
- -56.79%
- 1-year return
- -64.44%
- Volume
- 24.77K
- Avg volume
- 28.68K
- Open
- 0.95
- Previous close
- 0.9217
- Day's range
- 0.9048 – 0.9246
- 52-week range
- 0.90 – 3.13
- Beta
- 2.52
- Price target
- 8.00 (+765.2%)
- Earnings date
- Aug 13, 2024
2Y -1.5280 (-62.37%)
Key statistics
- Enterprise value
- 434.53M
- PEG ratio
- 0.00
- Price / sales
- 0.58
- Price / book
- 1.15
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- 31.50%
- Free cash flow
- -170.94M
- Total cash
- 9.69M
- Total debt
- 424.08M
- Return on equity
- -425.20%
- Short % of float
- 1.74%
- 50-day average
- 2.12
- 200-day average
- 2.57
Analyst view
Price target (mean) 8.00 +765.2% upside
Now 0.9246
- Target (low)
- 6.00
- Target (mean)
- 8.00
- Target (high)
- 10.00
Ratings (0m) 2 2 buy · 0 hold · 0 sell
- Strong buy0
- Buy2
- Hold0
- Sell0
- Strong sell0
Next earnings
Aug 13, 2024
Expected Aug 13, 2024. Consensus EPS estimate -3.89.
Financials — quick view
LOCL Revenue — quarterly 13.85M
LOCL Net income — quarterly -19.82M
LOCL EPS — quarterly -0.68
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 14, 2024 | Sep 1, 2024 | -2.78 | -4.01 | -1.23 | -44.24% |
| Aug 13, 2024 | Jun 1, 2024 | -3.19 | — | — | — |
| Aug 13, 2024 | Jun 1, 2024 | -3.19 | -3.00 | +0.19 | +5.96% |
| May 9, 2024 | Mar 1, 2024 | -2.76 | -2.89 | -0.13 | -4.71% |
| May 9, 2024 | Mar 1, 2024 | -2.76 | — | — | — |
| Mar 27, 2024 | Dec 1, 2023 | -3.18 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 31, 2023 | Deutsche Bank | down | Buy | Hold |
About Local Bounti Corporation
Local Bounti Corporation grows and packs fresh greens in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.
- Sector
- Consumer Defensive
- Industry
- Farm Products
- Country
- United States
- Website
- localbounti.com
News
Local Bounti Corporation (NYSE:LOCL) Sees Large Increase in Short Interest 
Head-To-Head Survey: Local Bounti (NYSE:LOCL) and Bridgford Foods (NASDAQ:BRID) 
Local Bounti Corporation (LOCL) Q2 2026 Earnings Call Prepared Remarks Transcript 
Local Bounti Q2 EPS $(0.68) Up From $(1.63) YoY, Sales $13.850M Up From $12.103M YoY 
Local Bounti Announces Second Quarter 2026 Financial Results 
Local Bounti to Release Second Quarter 2026 Financial Results on Wednesday, August 12, 2026 
Local Bounti Appoints Travis Joyner As Chairman Of The Board Effective June 18 Following Resignation Of Craig Hurlbert 
Local Bounti Launches Distribution at Harris Teeter Across Entire Footprint 
Local Bounti Named as Exclusive CEA Honoree on the TIME World's Growth Leaders 2026 List 
12 Consumer Staples Stocks Moving In Wednesday's After-Market Session
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BREWSTER PAMELA | Director | Stock Award(Grant) | Jun 12, 2024 | 159,425 |
| CARR-SMITH JENNIFER | Director | Stock Award(Grant) | Jun 12, 2024 | 36,117 |
| FORST EDWARD C | Director | Stock Award(Grant) | Jun 12, 2024 | 194,696 |
| HURLBERT CRAIG M. | Chief Executive Officer | Purchase | Dec 18, 2024 | 1,492,210 |
| JOYNER TRAVIS M. | Chief Technology Officer | Purchase | Dec 18, 2024 | 0 |
| MCCANDLESS MARGARET E | General Counsel | Stock Award(Grant) | Apr 24, 2024 | 48,442 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Cresset Asset Management, LLC | 4.95% | 428,466 | 908.35K | Sep 29, 2024 |
| Vanguard Group Inc | 2.16% | 186,668 | 395.74K | Sep 29, 2024 |
| FMR, LLC | 1.37% | 118,993 | 252.26K | Sep 29, 2024 |
| Schwarz Dygos Wheeler Investment Advisors LLC | 0.56% | 48,825 | 103.51K | Sep 29, 2024 |
| Main Street Research LLC | 0.54% | 46,394 | 98.36K | Sep 29, 2024 |
| Geode Capital Management, LLC | 0.44% | 37,702 | 79.93K | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 1.50% | 130,217 | 276.06K | Sep 29, 2024 |
| Fidelity Select Portfolios - Technology | 1.37% | 118,993 | 252.26K | Oct 30, 2024 |
| Vanguard Extended Market Index Fund | 0.62% | 53,924 | 114.32K | Sep 29, 2024 |
| Fidelity Extended Market Index Fund | 0.27% | 23,314 | 49.42K | Oct 30, 2024 |
| Bridgeway Funds Inc-Ultra Small Company Market Fund | 0.19% | 16,538 | 35.06K | Sep 29, 2024 |
| Fidelity Total Market Index Fund | 0.06% | 5,099 | 10.81K | Oct 30, 2024 |