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

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$13.75 -0.05 (-0.36 %)
(As of 08/21/2018 04:00 PM ET)
Previous Close$13.73
Today's Range$13.47 - $13.80
52-Week Range$11.42 - $15.60
Volume151,323 shs
Average Volume61,270 shs
Market Capitalization$377.21 million
P/E Ratio33.54
Dividend YieldN/A
Beta0.67
Landec logoLandec Corporation, together with its subsidiaries, designs, develops, manufactures, and sells differentiated health and wellness products for food and biomaterials markets. It 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 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 Food Export segment purchases and sells whole commodity fruit and vegetable products primarily to Asian markets. The Biomaterials segment sells products utilizing sodium hyaluronate (HA), a naturally occurring polysaccharide that is distributed in the extracellular matrix of connective tissues in animals and humans, and non-HA products for medical use primarily in the ophthalmic, orthopedic, and other markets, as well as supplies HA to customers pursuing other medical applications, such as aesthetic surgery, medical device coatings, tissue engineering, and pharmaceuticals. It also operates as a contract development and manufacturing organization, which specializes in fermentation and aseptic formulation, filling, and packaging services. The company also researches, develops, and licenses Landec's Intelimer polymers for agricultural products, personal care products, and other industrial products. Landec Corporation sells its products in the United States, Canada, Taiwan, Belgium, China, Indonesia, Japan, and other countries. The company was founded in 1986 and is headquartered in Menlo Park, California.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.16
Current Ratio1.10
Quick Ratio0.74

Price-To-Earnings

Trailing P/E Ratio33.54
Forward P/E Ratio31.25
P/E GrowthN/A

Sales & Book Value

Annual Sales$524.23 million
Price / Sales0.73
Cash Flow$0.8741 per share
Price / Cash15.73
Book Value$9.16 per share
Price / Book1.50

Profitability

EPS (Most Recent Fiscal Year)$0.41
Net Income$24.82 million
Net Margins4.51%
Return on Equity4.85%
Return on Assets3.05%

Miscellaneous

Employees710
Outstanding Shares27,740,000
Market Cap$377.21 million

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 quarterly earnings data on Tuesday, July, 31st. The basic materials company reported $0.24 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.22 by $0.02. The basic materials company earned $141.10 million during the quarter, compared to analyst estimates of $138.61 million. Landec had a net margin of 4.51% and a return on equity of 4.85%. Landec's quarterly revenue was up 16.3% compared to the same quarter last year. During the same period last year, the business posted $0.09 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 Tuesday, September, 25th 2018. View Earnings Estimates for Landec.

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

Landec updated its FY19 earnings guidance on Tuesday, July, 31st. The company provided earnings per share (EPS) guidance of $0.45-0.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.53. The company issued revenue guidance of $550-560 million, compared to the consensus revenue estimate of $545.94 million.Landec also updated its Q1 guidance to breakeven-$0.01 EPS.

What price target have analysts set for LNDC?

3 brokerages have issued twelve-month price objectives for Landec's shares. Their forecasts range from $13.00 to $18.00. On average, they anticipate Landec's share price to reach $15.50 in the next year. This suggests a possible upside of 13.1% 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 1 hold rating and 2 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. 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)
  • 2. 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. " (5/31/2018)

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, CFO and VP of Fincance & Admin. (Age 57)
  • Dr. Steven P. Bitler Ph.D., VP of Corp. Technology (Age 60)
  • Mr. Geoffrey P. Leonard, Sec.
  • Mr. James G. Hall, VP (Age 55)

Has Landec been receiving favorable news coverage?

Media headlines about LNDC stock have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Landec earned a news and rumor sentiment score of 0.13 on Accern's scale. They also gave media coverage about the basic materials company an impact score of 46.36 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Landec.

Who are Landec's major shareholders?

Landec's stock is owned by a number of of retail and institutional investors. Top institutional investors include WYNNEFIELD PARTNERS SMALL CAP VALUE LP I (9.70%), Dimensional Fund Advisors LP (8.40%), BlackRock Inc. (7.08%), Royce & Associates LP (4.62%), Investment Counselors of Maryland LLC (2.16%) and John G Ullman & Associates Inc. (1.26%). Company insiders that own Landec stock include Fred Frank, Gary T Steele, Gregory S Skinner, Larry D Hiebert, Molly Hemmeter, Ronald Lane Midyett and Steven P Bitler. View Institutional Ownership Trends for Landec.

Which institutional investors are selling Landec stock?

LNDC stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Boston Partners, Ariel Investments LLC, Dimensional Fund Advisors LP, Bank of America Corp DE and John G Ullman & Associates Inc.. Company insiders that have sold Landec company stock in the last year include Molly Hemmeter and Ronald Lane Midyett. View Insider Buying and Selling for Landec.

Which institutional investors are buying Landec stock?

LNDC stock was purchased by a variety of institutional investors in the last quarter, including Investment Counselors of Maryland LLC, Northpointe Capital LLC, North Star Investment Management Corp., BlackRock Inc., Algert Global LLC, Acuitas Investments LLC, Royce & Associates LP and Martingale Asset Management L P. 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 $13.70.

How big of a company is Landec?

Landec has a market capitalization of $377.21 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.

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:  2.4 out of 5 (star star)
Outperform Votes:  160 (Vote Outperform)
Underperform Votes:  178 (Vote Underperform)
Total Votes:  338
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 8/21/2018 by MarketBeat.com Staff

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