Local Bounti Corporation LOCL
0.87 USD -0.03 (-3.73%)
At closeNov 6, 2026, 4:10 PM EST
0.87 0.00 +0.01%
After hours · Nov 6, 4:10 PM ET
0.8501 Day range 0.93
0.8664 52-week range 2.91
- YTD
- -59.51%
- 1 year
- -64.64%
- Market cap
- 20.26M
- Revenue (ttm)
- 31.50M
- EPS (ttm)
- -2.23
- Shares out
- 8.66M
- Forward P/E
- -0.41
- YTD return
- -59.51%
- 1-year return
- -64.64%
- Volume
- 9.01K
- Avg volume
- 28.60K
- Open
- 0.93
- Previous close
- 0.90
- Day's range
- 0.8501 – 0.93
- 52-week range
- 0.8664 – 2.91
- Beta
- 2.52
- Price target
- 8.00 (+823.4%)
- Earnings date
- Aug 13, 2024
ALL -126.2735 (-99.32%)
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 +823.4% upside
Now 0.8664
- 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 Q2 EPS $(0.68) Up From $(1.63) YoY, Sales $13.850M Up From $12.103M YoY 
Local Bounti Appoints Travis Joyner As Chairman Of The Board Effective June 18 Following Resignation Of Craig Hurlbert 
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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 |