NASDAQ:LNDC - Landec Stock Price, News, & Analysis

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$13.18 -0.21 (-1.57 %)
(As of 12/13/2018 03:25 PM ET)
Previous Close$13.39
Today's Range$13.09 - $13.58
52-Week Range$11.80 - $15.60
Volume2,723 shs
Average Volume55,227 shs
Market Capitalization$375.17 million
P/E Ratio31.99
Dividend YieldN/A
Beta0.68
Landec Corporation, together with its subsidiaries, designs, develops, manufactures, and sells differentiated health and wellness products for food and biomaterials markets. It operates through two segments, Packaged Fresh Vegetables and Biomaterials. The Packaged Fresh Vegetables segment markets and packs specialty packaged whole and fresh-cut fruits and vegetables utilizing the BreatheWay specialty packaging technology for the retail grocery, club store, and food service industries under the Eat Smart and GreenLine brands, as well as private label brands; and sells BreatheWay packaging technology to partners for fruit and vegetable products. The Biomaterials segment develops, manufactures, and sells pharmaceutical-grade sodium hyaluronate (HA), a naturally occurring polysaccharide that is distributed in the extracellular matrix in animals and humans; and provides contract development, fermentation and aseptic formulation, filling, and packaging services. This segment sells its HA products to the ophthalmic, orthopedic, and oncology markets, as well as supplies HA products to customers pursuing other medical applications, such as aesthetic surgery, medical device coatings, tissue engineering, and pharmaceuticals. The company also produces special olive oils and wine vinegars to natural food, conventional grocery, and mass retail stores. Landec Corporation sells its products in the United States, Canada, Belgium, Ireland, the United Kingdom, Switzerland, Mexico, and other countries. The company was founded in 1986 and is headquartered in Santa Clara, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Canned fruits & specialties
Sub-IndustrySpecialty Chemicals
SectorConsumer Staples
Current SymbolNASDAQ:LNDC
Previous Symbol
CUSIP51476610
Phone650-306-1650

Debt

Debt-to-Equity Ratio0.16
Current Ratio1.02
Quick Ratio0.67

Price-To-Earnings

Trailing P/E Ratio31.99
Forward P/E Ratio31.38
P/E GrowthN/A

Sales & Book Value

Annual Sales$524.23 million
Price / Sales0.70
Cash Flow$0.8433 per share
Price / Cash Flow15.63
Book Value$9.16 per share
Price / Book1.44

Profitability

EPS (Most Recent Fiscal Year)$0.41
Net Income$24.82 million
Net Margins4.15%
Return on Equity3.95%
Return on Assets2.49%

Miscellaneous

Employees710
Outstanding Shares27,750,000
Market Cap$375.17 million
OptionableOptionable

Landec (NASDAQ:LNDC) Frequently Asked Questions

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) issued its earnings results on Tuesday, October, 2nd. The basic materials company reported $0.01 earnings per share for the quarter. The basic materials company had revenue of $124.70 million for the quarter, compared to the consensus estimate of $123.94 million. Landec had a net margin of 4.15% and a return on equity of 3.95%. The firm's revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.08 earnings per share. View Landec's Earnings History.

When is Landec's next earnings date?

Landec is scheduled to release their next quarterly earnings announcement on Wednesday, January 2nd 2019. View Earnings Estimates for Landec.

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

Landec issued an update on its FY19 earnings guidance on Tuesday, October, 2nd. The company provided earnings per share (EPS) guidance of $0.45-0.50 for the period, compared to the Thomson Reuters consensus estimate of $0.43. The company issued revenue guidance of +5-7% to ~$550-561 million, compared to the consensus revenue estimate of $553.19 million.

What price target have analysts set for LNDC?

3 equities research analysts have issued 1-year target prices for Landec's stock. Their predictions range from $18.00 to $18.00. On average, they expect Landec's share price to reach $18.00 in the next year. This suggests a possible upside of 36.6% from the stock's current price. View Analyst Price Targets for Landec.

What is the consensus analysts' recommendation for Landec?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Landec in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Landec.

What are Wall Street analysts saying about Landec stock?

Here are some recent quotes from research analysts about Landec stock:
  • 1. According to Zacks Investment Research, "Landec Corp. engages in designing, developing, manufacturing and selling of products for food and biomaterials markets and license technology applications. Its operating segment consists of Packaged Fresh Vegetables, Food Export and Biomaterials. Packaged Fresh Vegetables segment includes marketing and packing specialty packaged whole and fresh-cut fruit and vegetables. Food Export segment consists of sale of whole commodity fruit and vegetable product. Biomaterials segment sells products utilizing hyaluronan, a naturally occurring polysaccharide which is distributed in the extracellular matrix of connective tissues in both animals and humans. Landec Corp. is headquartered in Menlo Park, CA. " (11/29/2018)
  • 2. Maxim Group analysts commented, "Yesterday, after the Market close, LNDC reported F4Q18 (May) results, including slightly better-than-expected revenue and inline GAAP EPS. FY19 (May) guidance included better-than-expected revenue, but lower-than- expected GAAP EPS. LNDC announced that its New Venture Group (NVG) is launching the Now Planting brand, which will focus on plant-based meal solutions starting with the launch of fresh soup in F2Q19 (Nov). The conference call is today at 11am ET." (8/1/2018)

Has Landec been receiving favorable news coverage?

Media headlines about LNDC stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Landec earned a news impact score of 2.0 on InfoTrie's scale. They also gave news articles about the basic materials company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.

Who are some of Landec's key competitors?

Who are Landec's key executives?

Landec's management team includes the folowing people:
  • Ms. Molly A. Hemmeter, Pres, CEO & Director (Age 51)
  • Mr. Gregory S. Skinner, VP of Fin. & Admin. and CFO (Age 57)
  • Mr. Steven P. Bitler, VP of Corp. Technology (Age 60)
  • Mr. James G. Hall, Pres of Lifecore Biomedical (Age 55)
  • Ms. Dawn Kimball, Sr. VP of HR

Who are Landec's major shareholders?

Landec's stock is owned by a number of of retail and institutional investors. Top institutional investors include NWQ Investment Management Company LLC (12.60%), Dimensional Fund Advisors LP (8.40%), BlackRock Inc. (7.22%), Vanguard Group Inc. (5.53%), Royce & Associates LP (5.02%) and Heartland Advisors Inc. (3.02%). Company insiders that own Landec stock include Fred Frank, Gary T Steele, Larry D Hiebert, Molly Hemmeter, Ronald Lane Midyett and Steven P Bitler. View Institutional Ownership Trends for Landec.

Which major investors are selling Landec stock?

LNDC stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Thomson Horstmann & Bryant Inc., Rice Hall James & Associates LLC, Foundry Partners LLC, Stone Ridge Asset Management LLC, Pacific Ridge Capital Partners LLC, Bank of New York Mellon Corp and John G Ullman & Associates Inc.. View Insider Buying and Selling for Landec.

Which major investors are buying Landec stock?

LNDC stock was purchased by a variety of institutional investors in the last quarter, including Walthausen & Co. LLC, Investment Counselors of Maryland LLC, Northpointe Capital LLC, Royce & Associates LP, Renaissance Technologies LLC, Acuitas Investments LLC, Vanguard Group Inc. and BlackRock Inc.. View Insider Buying and Selling for Landec.

How do I buy shares of Landec?

Shares of LNDC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Landec's stock price today?

One share of LNDC stock can currently be purchased for approximately $13.18.

How big of a company is Landec?

Landec has a market capitalization of $375.17 million and generates $524.23 million in revenue each year. The basic materials company earns $24.82 million in net income (profit) each year or $0.41 on an earnings per share basis. Landec employs 710 workers across the globe.

What is Landec's official website?

The official website for Landec is http://www.landec.com.

How can I contact Landec?

Landec's mailing address is 5201 GREAT AMERICA PKWY SUITE 232, SANTA CLARA CA, 95054. The basic materials company can be reached via phone at 650-306-1650 or via email at [email protected]


MarketBeat Community Rating for Landec (NASDAQ LNDC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  177 (Vote Outperform)
Underperform Votes:  202 (Vote Underperform)
Total Votes:  379
MarketBeat's community ratings are surveys of what our community members think about Landec and other stocks. Vote "Outperform" if you believe LNDC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LNDC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/13/2018 by MarketBeat.com Staff

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