Landec Company Profile (NASDAQ:LNDC)

About Landec (NASDAQ:LNDC)

Landec logoLandec Corporation designs, develops, manufactures and sells a range of health and wellness products for food and biomaterials markets. The Company licenses technology applications to partners. The Company operates through three segments: Packaged Fresh Vegetables, Food Export and Biomaterials. The Packaged Fresh Vegetables segment markets and packs specialty packaged whole and fresh-cut fruit and vegetables, the majority of which incorporate the BreatheWay specialty packaging for the retail grocery, club store and food services industry. The Food Export segment is engaged in the purchase and sale of whole commodity fruit and vegetable products primarily to Asia. The Biomaterials segment sells products utilizing hyaluronan, a polysaccharide that is distributed in the extracellular matrix of connective tissues in both animals and humans, and non-hyaluronan (HA) products for medical use primarily in the ophthalmic, orthopedic and other markets.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Farm Products
  • Sub-Industry: Specialty Chemicals
  • Symbol: NASDAQ:LNDC
  • CUSIP: 51476610
  • Web: www.landec.com
Capitalization:
  • Market Cap: $361.79 million
  • Outstanding Shares: 27,305,000
Average Prices:
  • 50 Day Moving Avg: $13.69
  • 200 Day Moving Avg: $13.34
  • 52 Week Range: $9.85 - $15.50
P/E:
  • Trailing P/E Ratio: 28.53
  • Foreward P/E Ratio: 17.21
  • P/E Growth: 3.56
Sales & Book Value:
  • Annual Revenue: $540.14 million
  • Price / Sales: 0.67
  • Book Value: $8.15 per share
  • Price / Book: 1.63
Profitability:
  • EBIDTA: $33.2 million
  • Net Margins: -2.22%
  • Return on Equity: 4.52%
  • Return on Assets: 2.85%
Debt:
  • Debt-to-Equity Ratio: 0.22%
  • Current Ratio: 1.80%
  • Quick Ratio: 1.20%
Misc:
  • Average Volume: 83,235 shs.
  • Beta: 1.2
  • Short Ratio: 23.1
 

Frequently Asked Questions for Landec (NASDAQ:LNDC)

What is Landec's stock symbol?

Landec trades on the NASDAQ under the ticker symbol "LNDC."

How were Landec's earnings last quarter?

Landec Co. (NASDAQ:LNDC) announced its quarterly earnings data on Tuesday, April, 4th. The company reported $0.13 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.12 by $0.01. The company had revenue of $136.60 million for the quarter, compared to analysts' expectations of $135.86 million. Landec had a positive return on equity of 4.52% and a negative net margin of 2.22%. Landec's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period last year, the firm posted $0.01 EPS. View Landec's Earnings History.

When will Landec make its next earnings announcement?

Landec is scheduled to release their next quarterly earnings announcement on Monday, July, 24th 2017. View Earnings Estimates for Landec.

What guidance has Landec issued on next quarter's earnings?

Landec updated its fourth quarter earnings guidance on Tuesday, April, 4th. The company provided earnings per share guidance of $0.09-0.11 for the period, compared to the Thomson Reuters consensus estimate of $0.13.

Where is Landec's stock going? Where will Landec's stock price be in 2017?

3 equities research analysts have issued 1 year price targets for Landec's stock. Their forecasts range from $13.00 to $16.00. On average, they anticipate Landec's share price to reach $14.50 in the next year. View Analyst Ratings for Landec.

Who are some of Landec's key competitors?

Who owns Landec stock?

Landec's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Wynnefield Capital Inc. (9.82%), Dimensional Fund Advisors LP (8.39%), Vanguard Group Inc. (4.60%), Royce & Associates LP (3.80%), Heartland Advisors Inc. (3.52%) and Thomson Horstmann & Bryant Inc. (3.24%). Company insiders that own Landec stock include Fred Frank, Gary T Steele, Gregory S Skinner, Larry D Hiebert, Ronald Lane Midyett and Steven P Bitler. View Institutional Ownership Trends for Landec.

Who sold Landec stock? Who is selling Landec stock?

Landec's stock was sold by a variety of institutional investors in the last quarter, including Ariel Investments LLC, Parametric Portfolio Associates LLC, Chartwell Investment Partners LLC, Morgan Stanley, Thomson Horstmann & Bryant Inc., Granite Investment Partners LLC, Heartland Advisors Inc. and John G Ullman & Associates Inc.. Company insiders that have sold Landec stock in the last year include Fred Frank, Gary T Steele, Gregory S Skinner, Larry D Hiebert, Ronald Lane Midyett and Steven P Bitler. View Insider Buying and Selling for Landec.

Who bought Landec stock? Who is buying Landec stock?

Landec's stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Royce & Associates LP, Foundry Partners LLC, Pacific Ridge Capital Partners LLC, Vanguard Group Inc., Wells Fargo & Company MN, North Star Investment Management Corp. and Congress Asset Management Co. MA. View Insider Buying and Selling for Landec.

How do I buy Landec stock?

Shares of Landec can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Landec stock cost?

One share of Landec stock can currently be purchased for approximately $13.25.

Analyst Ratings

Consensus Ratings for Landec (NASDAQ:LNDC) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $14.50 (9.43% upside)

Analysts' Ratings History for Landec (NASDAQ:LNDC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/6/2017Griffin SecuritiesReiterated RatingBuyLowView Rating Details
4/2/2017WedbushSet Price TargetHold$13.00LowView Rating Details
6/7/2016Maxim GroupInitiated CoverageBuy$16.00N/AView Rating Details
2/27/2016Roth CapitalReiterated RatingBuyN/AView Rating Details
1/25/2016SidotiUpgradeNeutral -> BuyN/AView Rating Details
12/8/2015Feltl & Co.DowngradeBuy -> Hold$15.00 -> $11.60N/AView Rating Details
11/18/2015WunderlichInitiated CoverageBuy$18.00N/AView Rating Details
7/31/2015Imperial CapitalReiterated RatingOutperform$18.00 -> $19.00N/AView Rating Details
(Data available from 5/22/2015 forward)

Earnings

Earnings History for Landec (NASDAQ:LNDC)
Earnings by Quarter for Landec (NASDAQ:LNDC)
Earnings History by Quarter for Landec (NASDAQ:LNDC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/24/2017        
4/4/2017Q3 2017$0.12$0.13$135.86 million$136.60 millionViewListenView Earnings Details
1/4/2017Q2 2017$0.06$0.05$139.64 million$135.87 millionViewListenView Earnings Details
9/27/2016Q1$0.10$0.12$131.78 million$132.39 millionViewN/AView Earnings Details
7/26/2016Q4$0.15$0.17$130.02 million$135.31 millionViewN/AView Earnings Details
3/29/2016Q316$0.03$0.01$137.83 million$130.00 millionViewN/AView Earnings Details
1/5/2016Q216$0.06$0.07$141.30 million$140.44 millionViewN/AView Earnings Details
9/29/2015Q116$0.13$0.11$141.46 million$135.36 millionViewListenView Earnings Details
7/28/2015Q415$0.19$0.15$135.14 million$134.40 millionViewListenView Earnings Details
3/31/2015Q315$0.17$0.17$135.70 million$138.50 millionViewListenView Earnings Details
1/6/2015Q215$0.12$0.12$130.71 million$132.67 millionViewListenView Earnings Details
10/7/2014Q115$0.09$0.09$120.96 million$133.61 millionViewN/AView Earnings Details
7/29/2014Q414$0.18$0.17$112.60 million$120.90 millionViewN/AView Earnings Details
3/25/2014Q314$0.22$0.24$124.90 million$126.00 millionViewN/AView Earnings Details
1/2/2014Q2$0.13$0.13$124.23 million$120.00 millionViewN/AView Earnings Details
9/24/2013Q114$0.23$0.18$108.62 million$109.50 millionViewN/AView Earnings Details
7/31/2013Q4 2013$0.16$0.17$103.39 million$107.11 millionViewN/AView Earnings Details
3/26/2013Q3 2013$0.17$0.18$109.50 million$117.90 millionViewN/AView Earnings Details
1/2/2013Q2 2013$0.16$0.34$102.69 million$114.70 millionViewN/AView Earnings Details
9/26/2012Q113$0.08$0.10$91.77 million$102.10 millionViewN/AView Earnings Details
7/31/2012$0.09$0.11ViewN/AView Earnings Details
3/26/2012$0.13$0.18ViewN/AView Earnings Details
1/3/2012$0.12$0.13ViewN/AView Earnings Details
10/4/2011$0.06$0.07ViewN/AView Earnings Details
3/29/2011$0.07$0.09ViewN/AView Earnings Details
1/4/2011$0.08$0.08ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Landec (NASDAQ:LNDC)
2017 EPS Consensus Estimate: $0.53
2018 EPS Consensus Estimate: $0.81
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.10$0.15$0.12
Q2 20174$0.07$0.18$0.11
Q3 20174$0.12$0.18$0.15
Q4 20175$0.09$0.22$0.16
Q1 20183$0.15$0.20$0.17
Q2 20184$0.10$0.14$0.12
Q3 20184$0.24$0.30$0.27
Q4 20184$0.20$0.29$0.25
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Landec (NASDAQ:LNDC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Landec (NASDAQ:LNDC)
Insider Ownership Percentage: 4.89%
Institutional Ownership Percentage: 92.09%
Insider Trades by Quarter for Landec (NASDAQ:LNDC)
Institutional Ownership by Quarter for Landec (NASDAQ:LNDC)
Insider Trades by Quarter for Landec (NASDAQ:LNDC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/10/2017Gary T SteeleDirectorSell26,708$14.00$373,912.00View SEC Filing  
4/11/2017Fred FrankDirectorSell3,025$14.00$42,350.00View SEC Filing  
4/11/2017Ronald Lane MidyettCOOSell20,000$13.76$275,200.00View SEC Filing  
4/7/2017Steven P BitlerVPSell8,000$13.58$108,640.00View SEC Filing  
2/2/2017Steven P BitlerVPSell2,574$12.26$31,557.24View SEC Filing  
1/31/2017Larry D. HiebertInsiderSell11,704$12.59$147,353.36View SEC Filing  
11/11/2016Gregory S SkinnerVPSell50,000$13.99$699,500.00View SEC Filing  
8/11/2016Gary T SteeleDirectorSell34,484$12.47$430,015.48View SEC Filing  
8/5/2016Ronald Lane MidyettCOOSell7,000$12.02$84,140.00View SEC Filing  
2/4/2016Fred FrankDirectorSell4,573$12.00$54,876.00View SEC Filing  
2/1/2016Fred FrankDirectorSell5,627$12.00$67,524.00View SEC Filing  
4/8/2015Fred FrankDirectorSell20,000$14.71$294,200.00View SEC Filing  
8/15/2014Fred FrankDirectorSell88,464$12.10$1,070,414.40View SEC Filing  
8/12/2014Fred FrankDirectorSell52,117$12.18$634,785.06View SEC Filing  
8/7/2014Fred FrankDirectorSell20,551$12.19$250,516.69View SEC Filing  
5/7/2014Ronald Lane MidyettEVPSell6,000$11.59$69,540.00View SEC Filing  
5/6/2014Nicholas TompkinsDirectorSell10,000$11.51$115,100.00View SEC Filing  
4/29/2014Fred FrankDirectorSell25,741$12.06$310,436.46View SEC Filing  
4/8/2014Molly HemmeterCOOSell6,972$11.50$80,178.00View SEC Filing  
10/10/2013Duke BristowDirectorSell4,271$11.75$50,184.25View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Landec (NASDAQ:LNDC)
Latest Headlines for Landec (NASDAQ:LNDC)
Source:
DateHeadline
finance.yahoo.com logoNew Salad Shake Ups™ From Eat Smart® Energize the Single-Serve Segment
finance.yahoo.com - May 19 at 10:52 AM
americanbankingnews.com logoLandec Co. (LNDC) Director Gary T. Steele Sells 26,708 Shares
www.americanbankingnews.com - May 10 at 11:22 PM
americanbankingnews.com logo$135.6 Million in Sales Expected for Landec Co. (LNDC) This Quarter
www.americanbankingnews.com - May 10 at 9:46 AM
americanbankingnews.com logoLandec Co. (LNDC) Expected to Post Earnings of $0.10 Per Share
www.americanbankingnews.com - May 8 at 6:24 PM
americanbankingnews.com logoSomewhat Favorable Media Coverage Very Likely to Affect Landec (LNDC) Share Price
www.americanbankingnews.com - May 2 at 5:04 PM
finance.yahoo.com logoETFs with exposure to Landec Corp. : April 28, 2017
finance.yahoo.com - April 28 at 7:15 PM
americanbankingnews.com logoSomewhat Positive Media Coverage Very Likely to Affect Landec (LNDC) Stock Price
www.americanbankingnews.com - April 27 at 4:28 PM
americanbankingnews.com logoLandec Co. (LNDC) Upgraded at TheStreet
www.americanbankingnews.com - April 27 at 4:18 PM
americanbankingnews.com logoLandec (LNDC) Given Media Impact Rating of 0.15
www.americanbankingnews.com - April 24 at 9:34 PM
americanbankingnews.com logoLandec (LNDC) Earning Somewhat Positive News Coverage, Report Finds
www.americanbankingnews.com - April 21 at 9:58 PM
americanbankingnews.com logo Brokerages Expect Landec Co. (LNDC) Will Post Earnings of $0.10 Per Share
www.americanbankingnews.com - April 17 at 8:16 PM
americanbankingnews.com logoLandec Co. (LNDC) Director Fred Frank Sells 3,025 Shares
www.americanbankingnews.com - April 12 at 4:49 PM
americanbankingnews.com logoRonald Lane Midyett Sells 20,000 Shares of Landec Co. (LNDC) Stock
www.americanbankingnews.com - April 12 at 4:47 PM
finance.yahoo.com logoETFs with exposure to Landec Corp. : April 11, 2017
finance.yahoo.com - April 11 at 6:15 PM
americanbankingnews.com logoSteven P. Bitler Sells 8,000 Shares of Landec Co. (LNDC) Stock
www.americanbankingnews.com - April 11 at 1:57 PM
finance.yahoo.com logoLandec Corp. :LNDC-US: Earnings Analysis: Q3, 2017 By the Numbers : April 10, 2017
finance.yahoo.com - April 10 at 10:40 AM
americanbankingnews.com logoLandec Co. Forecasted to Post FY2017 Earnings of $0.40 Per Share (LNDC)
www.americanbankingnews.com - April 10 at 8:07 AM
americanbankingnews.com logoLandec Co. Expected to Post FY2017 Earnings of $0.39 Per Share (LNDC)
www.americanbankingnews.com - April 10 at 8:07 AM
americanbankingnews.com logoLandec Co. (LNDC) Receives Buy Rating from Griffin Securities
www.americanbankingnews.com - April 8 at 8:03 AM
americanbankingnews.com logoLandec Co. (LNDC) to Post Q1 2018 Earnings of $0.15 Per Share, Wedbush Forecasts
www.americanbankingnews.com - April 7 at 8:49 PM
finance.yahoo.com logoLandec Corp. breached its 50 day moving average in a Bullish Manner : LNDC-US : April 6, 2017
finance.yahoo.com - April 7 at 10:50 AM
finance.yahoo.com logoLandec Corp.: Strong price momentum but will it sustain?
finance.yahoo.com - April 7 at 10:50 AM
americanbankingnews.com logoLandec Co. (LNDC) Short Interest Up 2.0% in March
www.americanbankingnews.com - April 6 at 2:31 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Landec Co. Cut by Analyst (LNDC)
www.americanbankingnews.com - April 5 at 1:07 PM
americanbankingnews.com logoLandec Co. (LNDC) Releases Quarterly Earnings Results, Misses Expectations By $0.05 EPS
www.americanbankingnews.com - April 5 at 12:28 PM
americanbankingnews.com logoLandec Co. (LNDC) Updates Q4 Earnings Guidance
www.americanbankingnews.com - April 4 at 5:33 PM
seekingalpha.com logoLandec beats by $0.06, beats on revenue
seekingalpha.com - April 4 at 4:27 PM
americanbankingnews.com logoWedbush Reiterates $13.00 Price Target for Landec Co. (LNDC)
www.americanbankingnews.com - April 3 at 1:56 PM
americanbankingnews.com logoLandec Co. (LNDC) Set to Announce Earnings on Tuesday
www.americanbankingnews.com - April 3 at 7:05 AM
americanbankingnews.com logoLandec Co. (LNDC) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - March 30 at 11:05 AM
finance.yahoo.com logoLandec Corporation Agrees to Settle Labor Related Legal Actions and Updates Guidance
finance.yahoo.com - March 28 at 5:53 PM
americanbankingnews.com logoLandec Co. (LNDC) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - March 24 at 1:41 PM
finance.yahoo.com logoLandec Corporation Extends Strategic Investment in Windset Farms For Five More Years
finance.yahoo.com - March 21 at 11:59 AM
americanbankingnews.com logoZacks Investment Research Downgrades Landec Co. (LNDC) to Hold
www.americanbankingnews.com - March 18 at 10:00 PM
finance.yahoo.com logoLandec Corporation Names Innovative Natural Food Business Leader Debbie Carosella to Board of Directors
finance.yahoo.com - March 16 at 7:04 PM
finance.yahoo.com logoLandec Corporation Sets Third Quarter Fiscal Year 2017 Conference Call for April 5, 2017 at 8 a.m. PT and Earnings Release Set for April 4, 2017 After Market
finance.yahoo.com - March 14 at 11:23 AM
finance.yahoo.com logoLandec Corporation to Participate in the 37th Annual Natural Products Expo West Trade Show in Anaheim, CA
finance.yahoo.com - March 7 at 10:39 AM
finance.yahoo.com logoLandec Corporation to Present at the 29th Annual ROTH Conference
finance.yahoo.com - March 6 at 8:43 AM
seekingalpha.com logoLandec Corporation acquires O Olive Oil
seekingalpha.com - March 2 at 12:54 PM
finance.yahoo.com logoLandec Corporation Announces Strategic Acquisition of O Olive Oil to Expand into Adjacent Natural Food Product Segment
finance.yahoo.com - March 2 at 10:18 AM
finance.yahoo.com logo9:01 am Landec acquires O Olive Oil for $2.5 mln in cash plus an additional $7.5 mln over the next three years based upon O Olive achieving mutually agreed EBITDA targets
finance.yahoo.com - March 2 at 10:18 AM
biz.yahoo.com logoLANDEC CORP \CA\ Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - January 24 at 7:02 PM
capitalcube.com logoETFs with exposure to Landec Corp. : January 11, 2017
us.rd.yahoo.com - January 11 at 6:58 PM
us.rd.yahoo.com logoEdited Transcript of LNDC earnings conference call or presentation 5-Jan-17 4:00pm GMT
us.rd.yahoo.com - January 6 at 12:45 AM
biz.yahoo.com logoLANDEC CORP \CA\ Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - January 5 at 7:43 PM
biz.yahoo.com logoQ2 2017 Landec Corp Earnings Release - After Market Close
us.rd.yahoo.com - January 4 at 7:09 PM
us.rd.yahoo.com logo4:11 pm Landec misses by $0.01, misses on revs; guides Q3 EPS in-line, revs below consensus; guides FY17 EPS in-line
us.rd.yahoo.com - January 4 at 7:09 PM
biz.yahoo.com logoLANDEC CORP \CA\ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
biz.yahoo.com - January 4 at 7:08 PM
baystreet.ca logoLast Jobs Reports of ’16 Due Next Week
www.baystreet.ca - December 30 at 6:43 PM
finance.yahoo.com logoLandec Corporation Sets Second Quarter Fiscal Year 2017 Conference Call for January 5, 2017 at 8 a.m. PT and Earnings Release Set for January 4, 2017 After Market
finance.yahoo.com - December 14 at 6:58 PM

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Landec (LNDC) Chart for Monday, May, 22, 2017

This page was last updated on 5/22/2017 by MarketBeat.com Staff