Roth Capital Forecasts Alico's FY2025 Earnings (NASDAQ:ALCO)

Key Points

• Roth Capital has revised its FY2025 earnings per share estimate for Alico, Inc. to ($11.01) from a previous estimate of ($10.41), significantly below the consensus estimate of ($0.37) per share.
• Alico reported a Q3 loss of ($2.39) per share, falling short of the consensus estimate of ($1.09), alongside a substantial revenue miss of $8.39 million compared to the expected $16.90 million.
• The company recently declared a quarterly dividend of $0.05 per share, set to be paid on October 10, with a yield of 0.6% based on an annualized basis.

Alico, Inc. (NASDAQ:ALCO - Free Report) - Analysts at Roth Capital dropped their FY2025 earnings per share (EPS) estimates for Alico in a report issued on Tuesday, September 16th. Roth Capital analyst G. Sweeney now anticipates that the company will post earnings of ($11.01) per share for the year, down from their previous forecast of ($10.41). The consensus estimate for Alico's current full-year earnings is ($0.37) per share. Roth Capital also issued estimates for Alico's Q4 2025 earnings at ($0.39) EPS and FY2026 earnings at ($1.49) EPS.

Alico Price Performance

ALCO traded down $0.22 during trading on Friday, reaching $33.86. The stock had a trading volume of 6,500 shares, compared to its average volume of 45,255. The firm has a market capitalization of $259.03 million, a price-to-earnings ratio of -1.65 and a beta of 1.01. The company has a quick ratio of 8.87, a current ratio of 9.37 and a debt-to-equity ratio of 0.72. Alico has a 1-year low of $24.23 and a 1-year high of $35.01. The stock has a 50 day moving average of $33.21 and a two-hundred day moving average of $31.37.

Alico (NASDAQ:ALCO - Get Free Report) last issued its quarterly earnings data on Tuesday, August 12th. The company reported ($2.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.09) by ($1.30). The business had revenue of $8.39 million for the quarter, compared to analyst estimates of $16.90 million. Alico had a negative return on equity of 58.27% and a negative net margin of 355.13%.

Alico Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 10th. Shareholders of record on Friday, September 26th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, September 26th. Alico's payout ratio is -0.97%.

Insider Transactions at Alico

In other news, Director Henry R. Slack sold 3,548 shares of the company's stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $34.29, for a total value of $121,660.92. Following the transaction, the director directly owned 35,188 shares of the company's stock, valued at approximately $1,206,596.52. This represents a 9.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders have sold 31,250 shares of company stock worth $1,036,157. 8.30% of the stock is owned by insiders.

Hedge Funds Weigh In On Alico

Hedge funds have recently modified their holdings of the stock. Osaic Holdings Inc. increased its holdings in shares of Alico by 24.2% in the second quarter. Osaic Holdings Inc. now owns 1,611 shares of the company's stock valued at $53,000 after purchasing an additional 314 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Alico by 792.7% during the second quarter. Tower Research Capital LLC TRC now owns 3,285 shares of the company's stock worth $107,000 after purchasing an additional 2,917 shares in the last quarter. Gate City Capital Management LLC increased its holdings in Alico by 28.2% during the 2nd quarter. Gate City Capital Management LLC now owns 1,126,553 shares of the company's stock worth $36,816,000 after purchasing an additional 248,136 shares in the last quarter. Jane Street Group LLC acquired a new stake in Alico in the 2nd quarter valued at $439,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Alico during the 2nd quarter worth about $28,000. 62.28% of the stock is owned by institutional investors and hedge funds.

About Alico

Alico, Inc, together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates in two segments, Alico Citrus, and Land Management and Other Operations. The Alico Citrus segment engages in planting, owning, cultivating, and/or managing citrus groves to produce fruit for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which include contracting for the harvesting, marketing, and hauling of citrus.