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NASDAQ:LNDC - Landec Stock Price, Forecast & News

$11.11
-0.07 (-0.63 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$11.08
Now: $11.11
$11.28
50-Day Range
$9.22
MA: $10.52
$11.46
52-Week Range
$9.00
Now: $11.11
$14.68
Volume91,400 shs
Average Volume129,499 shs
Market Capitalization$323.88 million
P/E Ratio34.72
Dividend YieldN/A
Beta0.75
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$557.56 million
Cash Flow$0.82 per share
Book Value$9.26 per share

Profitability

Net Income$410,000.00

Miscellaneous

Employees710
Market Cap$323.88 million
Next Earnings Date1/2/2020 (Estimated)
OptionableOptionable

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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) posted its quarterly earnings data on Tuesday, October, 1st. The basic materials company reported ($0.16) earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.16). The basic materials company had revenue of $138.70 million for the quarter, compared to the consensus estimate of $131.14 million. The company's revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.01 EPS. View Landec's Earnings History.

When is Landec's next earnings date?

Landec is scheduled to release their next quarterly earnings announcement on Thursday, January 2nd 2020. View Earnings Estimates for Landec.

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

Landec updated its FY20 earnings guidance on Tuesday, October, 1st. The company provided EPS guidance of $0.28-$0.32 for the period, compared to the Thomson Reuters consensus estimate of $0.27.

What price target have analysts set for LNDC?

5 brokerages have issued twelve-month target prices for Landec's shares. Their forecasts range from $11.00 to $17.00. On average, they anticipate Landec's share price to reach $13.00 in the next year. This suggests a possible upside of 17.0% from the stock's current price. View Analyst Price Targets for Landec.

What is the consensus analysts' recommendation for Landec?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Landec in the last year. There are currently 2 hold ratings and 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. " (11/13/2019)
  • 2. Maxim Group analysts commented, "Market close, LNDC reported F4Q19 (May) revenue and GAAP EPS inline with preannounced guidance. Management introduced better-than-expected FY20 revenue guidance compared to both our estimate and consensus, and GAAP EPS guidance inline with consensus and slightly above our estimate. Management also introduced F1Q20 (Aug) guidance and expects revenue to be $135M – $140M with a GAAP EPS loss of ($0.14) – ($0.16). The conference call is scheduled for tomorrow, 11am ET." (7/31/2019)

Has Landec been receiving favorable news coverage?

News headlines about LNDC stock have been trending extremely negative on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Landec earned a daily sentiment score of -4.2 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock's share price in the next few days. View News Stories for Landec.

Are investors shorting Landec?

Landec saw a increase in short interest during the month of October. As of October 15th, there was short interest totalling 1,250,000 shares, an increase of 5.0% from the September 15th total of 1,190,000 shares. Based on an average trading volume of 139,400 shares, the days-to-cover ratio is currently 9.0 days. Currently, 4.4% of the shares of the stock are sold short. View Landec's Current Options Chain.

Who are some of Landec's key competitors?

What other stocks do shareholders of Landec own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Landec investors own include Honda Motor (HMC), Comerica (CMA), NII (NIHD), Albemarle (ALB), Cenovus Energy (CVE), Walt Disney (DIS), General Electric (GE), Advanced Accelerator Application (AAAP), Intel (INTC) and Walmart (WMT).

Who are Landec's key executives?

Landec's management team includes the folowing people:
  • Ms. Molly A. Hemmeter, Pres, CEO & Director (Age 52)
  • Mr. Gregory S. Skinner, CFO & VP of Admin. (Age 58)
  • Mr. Steven P. Bitler, VP of Corp. Technology (Age 61)
  • Mr. James G. Hall, Pres of Lifecore Biomedical (Age 56)
  • Ms. Dawn Kimball, Sr. VP of HR

Who are Landec's major shareholders?

Landec's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (7.55%), State Street Corp (2.00%), John G Ullman & Associates Inc. (1.39%), Boston Partners (1.22%), Foundry Partners LLC (0.75%) and Chartwell Investment Partners LLC (0.36%). Company insiders that own Landec stock include Albert D Bolles, Catherine A Sohn, Gregory S Skinner, Nelson Obus, Ronald Lane Midyett, Steven D Goldby and Timothy P Burgess. 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 Boston Partners, North Star Investment Management Corp., Foundry Partners LLC, Metropolitan Life Insurance Co NY, Barclays PLC and Chartwell Investment Partners LLC. 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 Russell Investments Group Ltd., Squarepoint Ops LLC, First Trust Advisors LP, California Public Employees Retirement System, State Street Corp, Rhumbline Advisers and John G Ullman & Associates Inc.. Company insiders that have bought Landec stock in the last two years include Albert D Bolles, Catherine A Sohn, Gregory S Skinner, Nelson Obus, Steven D Goldby and Timothy P Burgess. 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, Robinhood, Fidelity and Charles Schwab.

What is Landec's stock price today?

One share of LNDC stock can currently be purchased for approximately $11.11.

How big of a company is Landec?

Landec has a market capitalization of $323.88 million and generates $557.56 million in revenue each year. The basic materials company earns $410,000.00 in net income (profit) each year or $0.32 on an earnings per share basis. Landec employs 710 workers across the globe.View Additional Information About Landec.

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:  234 (Vote Outperform)
Underperform Votes:  285 (Vote Underperform)
Total Votes:  519
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 12/7/2019 by MarketBeat.com Staff

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