Landec Company Profile (NASDAQ:LNDC)

About Landec

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
  • Exchange: NASDAQ
  • Symbol: LNDC
  • CUSIP: 51476610
Key Metrics:
  • Previous Close: $12.65
  • 50 Day Moving Average: $12.82
  • 200 Day Moving Average: $13.27
  • 52-Week Range: $9.48 - $15.50
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 16.22
  • P/E Growth: 2.30
  • Market Cap: $342.24M
  • Outstanding Shares: 27,270,000
  • Beta: 1.2
Profitability:
  • 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%
Additional Links:
Companies Related to Landec:

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 (14.62% upside)

Analysts' Ratings History for Landec (NASDAQ:LNDC)
Show:
DateFirmActionRatingPrice TargetDetails
12/20/2016WedbushInitiated CoverageNeutral$13.00View Rating Details
6/7/2016Maxim GroupInitiated CoverageBuy$16.00View Rating Details
2/27/2016Roth CapitalReiterated RatingBuyView Rating Details
1/25/2016SidotiUpgradeNeutral -> BuyView Rating Details
12/8/2015Feltl & Co.DowngradeBuy -> Hold$15.00 -> $11.60View Rating Details
11/18/2015WunderlichInitiated CoverageBuy$18.00View Rating Details
7/31/2015Imperial CapitalReiterated RatingOutperform$18.00 -> $19.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Landec (NASDAQ:LNDC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/28/2017        
1/4/2017Q2 2017$0.06$0.05$135.90 millionViewListenView Earnings Details
9/27/2016Q1$0.10$0.12$132.40 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$140.40 millionViewN/AView Earnings Details
9/29/2015Q116$0.13$0.11$135.40 millionViewListenView Earnings Details
7/28/2015Q415$0.19$0.15$135.14 million$134.40 millionViewListenView Earnings Details
3/31/2015Q315$0.14$0.17$135.70 million$138.50 millionViewListenView Earnings Details
1/7/2015Q215$0.12$0.12$132.70 millionViewListenView Earnings Details
10/7/2014Q115$0.09$0.09$133.60 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)
Current Year EPS Consensus Estimate: $0.55 EPS
Next Year EPS Consensus Estimate: $0.78 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20169$0.02$0.19$0.10
Q2 20165$0.14$0.23$0.17
Q3 20163$0.08$0.13$0.11
Q4 20163$0.10$0.13$0.12
Q1 20174$0.10$0.15$0.12
Q2 20174$0.07$0.18$0.11
Q3 20173$0.14$0.18$0.16
Q4 20174$0.17$0.22$0.19
Q1 20183$0.14$0.20$0.17
Q2 20184$0.10$0.14$0.12
Q3 20184$0.24$0.27$0.25
Q4 20184$0.24$0.30$0.27
(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 History for Landec (NASDAQ:LNDC)
Insider Ownership Percentage: 4.89%
Institutional Ownership Percentage: 92.09%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for Landec (NASDAQ:LNDC)
DateHeadline
capitalcube.com logoLandec Corp. breached its 50 day moving average in a Bullish Manner : LNDC-US : February 21, 2017 (NASDAQ:LNDC)
www.capitalcube.com - February 21 at 6:42 PM
News IconSADIF Analytics releases new summary due diligence report for Landec Corp ($LNDC). (NASDAQ:LNDC)
reports.pr-inside.com - February 3 at 5:05 AM
4-traders.com logoLANDEC CORP CA : Change in Directors or Principal Officers (form 8-K) (NASDAQ:LNDC)
www.4-traders.com - January 24 at 7:02 PM
biz.yahoo.com logoLANDEC CORP \CA\ Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:LNDC)
biz.yahoo.com - January 24 at 7:02 PM
capitalcube.com logoETFs with exposure to Landec Corp. : January 11, 2017 (NASDAQ:LNDC)
us.rd.yahoo.com - January 11 at 6:58 PM
capitalcube.com logoLandec Corp. :LNDC-US: Earnings Analysis: Q2, 2017 By the Numbers : January 10, 2017 (NASDAQ:LNDC)
www.capitalcube.com - January 10 at 7:12 PM
us.rd.yahoo.com logoEdited Transcript of LNDC earnings conference call or presentation 5-Jan-17 4:00pm GMT (NASDAQ:LNDC)
us.rd.yahoo.com - January 6 at 12:45 AM
capitalcube.com logoLandec Corp. breached its 50 day moving average in a Bullish Manner : LNDC-US : January 5, 2017 (NASDAQ:LNDC)
www.capitalcube.com - January 5 at 7:43 PM
biz.yahoo.com logoLANDEC CORP \CA\ Files SEC form 10-Q, Quarterly Report (NASDAQ:LNDC)
biz.yahoo.com - January 5 at 7:43 PM
News IconLandec Corporation (LNDC): How Well Does It Fare Against This Financial Health Check? (NASDAQ:LNDC)
simplywall.st - January 5 at 12:09 AM
biz.yahoo.com logoQ2 2017 Landec Corp Earnings Release - After Market Close (NASDAQ:LNDC)
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 (NASDAQ:LNDC)
us.rd.yahoo.com - January 4 at 7:09 PM
sg.finance.yahoo.com logoLandec misses Street 2Q forecasts (NASDAQ:LNDC)
sg.finance.yahoo.com - January 4 at 7:08 PM
publicnow.com logoLandec Corporation Reports Second Quarter and First Half Fiscal 2017 Results (NASDAQ:LNDC)
www.publicnow.com - January 4 at 7:08 PM
biz.yahoo.com logoLANDEC CORP \CA\ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NASDAQ:LNDC)
biz.yahoo.com - January 4 at 7:08 PM
baystreet.ca logoLast Jobs Reports of ’16 Due Next Week (NASDAQ:LNDC)
www.baystreet.ca - December 30 at 6:43 PM
capitalcube.com logoLandec Corp. – Value Analysis (NASDAQ:LNDC) : December 20, 2016 (NASDAQ:LNDC)
www.capitalcube.com - December 20 at 12:01 PM
capitalcube.com logoLandec Corp. breached its 50 day moving average in a Bearish Manner : LNDC-US : December 19, 2016 (NASDAQ:LNDC)
www.capitalcube.com - December 19 at 10:45 AM
insidermonkey.com logoIs Landec Corporation (LNDC) Going To Burn Investors? (NASDAQ:LNDC)
www.insidermonkey.com - December 16 at 12:00 AM
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 (NASDAQ:LNDC)
finance.yahoo.com - December 14 at 6:58 PM
capitalcube.com logoETFs with exposure to Landec Corp. : December 12, 2016 (NASDAQ:LNDC)
www.capitalcube.com - December 12 at 6:29 PM
News IconVP Finance and Admin & CFO of Landec Corporation (NASDAQ:LNDC), Skinner Gregory S, sells 10,786 shares worth $150,602 (NASDAQ:LNDC)
empowerednews.net - November 15 at 6:34 PM
thestreet.com logoAAR, Sensient Poised to Continue Stock Runs in 2017 (NASDAQ:LNDC)
www.thestreet.com - November 8 at 5:33 PM
thestreet.com logo4 Small Caps Looking Good in 2017: AAR, Sensient, Landec, LTC Properties (NASDAQ:LNDC)
www.thestreet.com - November 7 at 6:28 PM
capitalcube.com logoLandec Corp. breached its 50 day moving average in a Bearish Manner : LNDC-US : November 2, 2016 (NASDAQ:LNDC)
www.capitalcube.com - November 2 at 9:30 AM
mysmartrend.com logoLandec Up 20.1% Since SmarTrend Uptrend Call (LNDC) (NASDAQ:LNDC)
www.mysmartrend.com - October 27 at 10:48 AM
biz.yahoo.com logoLANDEC CORP \CA\ Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vote of Se (NASDAQ:LNDC)
biz.yahoo.com - October 25 at 11:01 AM
capitalcube.com logoETF’s with exposure to Landec Corp. : October 17, 2016 (NASDAQ:LNDC)
www.capitalcube.com - October 17 at 10:59 AM
4-traders.com logoLandec : Lifecore Invests in CDMO Capabilities to Support Expansion into New Drug Applications (NASDAQ:LNDC)
www.4-traders.com - October 14 at 5:49 PM
mysmartrend.com logoLandec Up 20.3% Since SmarTrend Uptrend Call (LNDC) (NASDAQ:LNDC)
www.mysmartrend.com - October 12 at 11:11 AM
globenewswire.com logoLandec’s Lifecore Invests in CDMO Capabilities to Support Expansion into New Drug Applications (NASDAQ:LNDC)
globenewswire.com - October 12 at 11:11 AM
streetinsider.com logoLandec (LNDC) Will Make Another Substantial Investment in Lifecore Biomedical Subsidiary (NASDAQ:LNDC)
www.streetinsider.com - October 12 at 11:11 AM
publicnow.com logoLandec's Lifecore Invests in CDMO Capabilities to Support Expansion into New Drug Applications (NASDAQ:LNDC)
www.publicnow.com - October 12 at 11:11 AM
finance.yahoo.com logoLANDEC CORP \CA\ Financials (NASDAQ:LNDC)
finance.yahoo.com - October 5 at 5:52 PM
capitalcube.com logoETF’s with exposure to Landec Corp. : October 4, 2016 (NASDAQ:LNDC)
www.capitalcube.com - October 4 at 10:43 AM
mysmartrend.com logoUptrend Call Working As Landec Stock Rises 21.0% (LNDC) (NASDAQ:LNDC)
www.mysmartrend.com - October 1 at 11:19 AM
biz.yahoo.com logoLANDEC CORP \CA\ Files SEC form 8-K, Results of Operations and Financial Condition, Creation of a Direct Financial Ob (NASDAQ:LNDC)
biz.yahoo.com - September 29 at 5:55 PM
4-traders.com logoLandec : Completes New Credit Facility Lowering Interest Expense and Increasing Flexibility for Five-Year Growth Plan (NASDAQ:LNDC)
www.4-traders.com - September 29 at 11:01 AM
seekingalpha.com logoLandec's (LNDC) CEO Molly Hemmeter on Q1 2017 Results - Earnings Call Transcript (NASDAQ:LNDC)
seekingalpha.com - September 29 at 11:01 AM
finance.yahoo.com logoEdited Transcript of LNDC earnings conference call or presentation 28-Sep-16 3:00pm GMT (NASDAQ:LNDC)
finance.yahoo.com - September 29 at 11:01 AM
capitalcube.com logoLandec Corp. :LNDC-US: Earnings Analysis: Q1, 2017 By the Numbers : September 29, 2016 (NASDAQ:LNDC)
www.capitalcube.com - September 29 at 11:01 AM
sg.finance.yahoo.com logoLandec tops Street 1Q forecasts (NASDAQ:LNDC)
sg.finance.yahoo.com - September 27 at 5:53 PM
publicnow.com logoLandec Corporation Reports Fiscal First Quarter 2017 Results (NASDAQ:LNDC)
www.publicnow.com - September 27 at 5:53 PM
publicnow.com logoLandec Completes New Credit Facility Lowering Interest Expense and Increasing Flexibility for Five-Year Growth Plan (NASDAQ:LNDC)
www.publicnow.com - September 27 at 10:34 AM
thestreet.com logo5 Hated Stocks You Should Love Instead (NASDAQ:LNDC)
www.thestreet.com - September 26 at 5:59 PM
baystreet.ca logoGDP Numbers Out Next Week on Both Sides of Border (NASDAQ:LNDC)
www.baystreet.ca - September 23 at 5:36 PM
seekingalpha.com logoLandec Looking Good Into Earnings (NASDAQ:LNDC)
seekingalpha.com - September 23 at 5:36 PM
publicnow.com logoLandec Corporation Sets First Quarter Fiscal Year 2017 Conference Call for September 28, 2016 at 8 a.m. PT and Earnings Release set for September 27, 2016 After Market (NASDAQ:LNDC)
www.publicnow.com - September 6 at 10:43 AM
News IconNew Market Report: Landec Corporation (LNDC) - Financial and Strategic SWOT Analysis Review (NASDAQ:LNDC)
reports.pr-inside.com - August 16 at 6:07 PM
biz.yahoo.com logoLANDEC CORP \CA\ Files SEC form 10-K, Annual Report (NASDAQ:LNDC)
biz.yahoo.com - August 1 at 6:09 AM

Social

What is Landec's stock symbol?

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

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

3 equities research analysts have issued 1 year price objectives for Landec's shares. Their forecasts range from $13.00 to $16.00. On average, they expect Landec's share price to reach $14.50 in the next twelve months.

When will Landec announce their earnings?

Landec is scheduled to release their next quarterly earnings announcement on Tuesday, March, 28th 2017.

Who owns Landec stock?

Landec's stock is owned by a number of of retail and institutional investors. Top institutional investors include NWQ Investment Management Company LLC (11.08%), Franklin Resources Inc. (10.44%), Wynnefield Capital Inc. (9.84%), Dimensional Fund Advisors LP (8.40%), Royce & Associates LP (3.58%) and State Street Corp (1.64%). 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.

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 Guggenheim Capital LLC, NWQ Investment Management Company LLC, Perritt Capital Management Inc., Royce & Associates LP and Pinnacle Associates Ltd.. Company insiders that have sold Landec stock in the last year include Gary T Steele, Gregory S Skinner, Larry D Hiebert, Ronald Lane Midyett and Steven P Bitler.

Who bought Landec stock? Who is buying Landec stock?

Landec's stock was acquired by a variety of institutional investors in the last quarter, including Wynnefield Capital Inc., Russell Investments Group Ltd., Dimensional Fund Advisors LP, Cutter & CO Brokerage Inc., Renaissance Technologies LLC, Congress Asset Management Co. MA, State Street Corp and Metropolitan Life Insurance Co. NY.

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 $12.65.

Landec (NASDAQ:LNDC) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Landec (NASDAQ:LNDC)

Earnings History Chart

Earnings by Quarter for Landec (NASDAQ:LNDC)

Dividend History Chart

Dividend Payments by Quarter for Landec (NASDAQ:LNDC)

Last Updated on 2/24/2017 by MarketBeat.com Staff