Landec Corporation Company Profile (NASDAQ:LNDC)

About Landec Corporation (NASDAQ:LNDC)

Landec Corporation 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: Agriculture Support Services
  • Sub-Industry: Specialty Chemicals
  • Symbol: NASDAQ:LNDC
  • CUSIP: 51476610
  • Web: www.landec.com
Capitalization:
  • Market Cap: $347.96 million
  • Outstanding Shares: 27,507,000
Average Prices:
  • 50 Day Moving Avg: $12.84
  • 200 Day Moving Avg: $13.41
  • 52 Week Range: $11.20 - $15.50
P/E:
  • Trailing P/E Ratio: 33.29
  • Foreward P/E Ratio: 17.54
  • P/E Growth: 2.30
Sales & Book Value:
  • Annual Revenue: $532.26 million
  • Price / Sales: 0.64
  • Book Value: $8.24 per share
  • Price / Book: 1.51
Profitability:
  • EBIDTA: $28.51 million
  • Net Margins: 1.99%
  • Return on Equity: 4.77%
  • Return on Assets: 3.05%
Debt:
  • Debt-to-Equity Ratio: 0.20%
  • Current Ratio: 1.58%
  • Quick Ratio: 1.09%
Misc:
  • Average Volume: 65,283 shs.
  • Beta: 1.34
  • Short Ratio: 17.92
 

Frequently Asked Questions for Landec Corporation (NASDAQ:LNDC)

What is Landec Corporation's stock symbol?

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

How were Landec Corporation's earnings last quarter?

Landec Corporation (NASDAQ:LNDC) posted its quarterly earnings data on Tuesday, July, 25th. The company reported $0.09 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.09. The firm earned $127.40 million during the quarter, compared to analysts' expectations of $135.46 million. Landec Corporation had a return on equity of 4.77% and a net margin of 1.99%. The company's revenue for the quarter was down 5.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.17 EPS. View Landec Corporation's Earnings History.

When will Landec Corporation make its next earnings announcement?

Landec Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, September, 26th 2017. View Earnings Estimates for Landec Corporation.

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

Landec Corporation issued an update on its FY18 earnings guidance on Tuesday, July, 25th. The company provided earnings per share (EPS) guidance of $0.52-$0.58 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.77. Landec Corporation also updated its Q1 guidance to $0.05-$0.07 EPS.

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

2 brokerages have issued twelve-month target prices for Landec Corporation's shares. Their predictions range from $13.00 to $13.00. On average, they anticipate Landec Corporation's share price to reach $13.00 in the next year. View Analyst Ratings for Landec Corporation.

Who are some of Landec Corporation's key competitors?

Who are Landec Corporation's key executives?

Landec Corporation's management team includes the folowing people:

  • Steven D. Goldby, Independent Chairman of the Board
  • Molly A. Hemmeter, President, Chief Executive Officer
  • Gregory S. Skinner, Chief Financial Officer, Vice President - Finance and Administration
  • James G. Hall, President of Lifecore
  • Ronald Lane Midyett, Chief Operating Officer
  • Steven P. Bitler Ph.D., Vice President - Corporate Technology
  • Deborah B. Carosella, Director
  • Albert D. Bolles Ph.D., Independent Director
  • Frederick Frank, Independent Director
  • Tonia Pankopf, Independent Director

Who owns Landec Corporation stock?

Landec Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Franklin Resources Inc. (9.87%), Dimensional Fund Advisors LP (8.28%), Vanguard Group Inc. (4.66%), Royce & Associates LP (4.37%), Heartland Advisors Inc. (3.25%) and Royal Bank of Canada (3.25%). Company insiders that own Landec Corporation 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 Corporation.

Who sold Landec Corporation stock? Who is selling Landec Corporation stock?

Landec Corporation's stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Franklin Resources Inc., Granite Investment Partners LLC, Heartland Advisors Inc., Parametric Portfolio Associates LLC, Thomson Horstmann & Bryant Inc., Chartwell Investment Partners LLC and Pacific Ridge Capital Partners LLC. Company insiders that have sold Landec Corporation 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 Corporation.

Who bought Landec Corporation stock? Who is buying Landec Corporation stock?

Landec Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Walthausen & Co. LLC, Royce & Associates LP, Algert Global LLC, Vanguard Group Inc., Bank of New York Mellon Corp, State Street Corp, Martingale Asset Management L P and Wedge Capital Management L L P NC. View Insider Buying and Selling for Landec Corporation.

How do I buy Landec Corporation stock?

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

What is Landec Corporation's stock price today?

One share of Landec Corporation stock can currently be purchased for approximately $12.45.


MarketBeat Community Rating for Landec Corporation (NASDAQ LNDC)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  105 (Vote Outperform)
Underperform Votes:  105 (Vote Underperform)
Total Votes:  210
MarketBeat's community ratings are surveys of what our community members think about Landec Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Landec Corporation (NASDAQ:LNDC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $13.00 (4.42% upside)

Analysts' Ratings History for Landec Corporation (NASDAQ:LNDC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/26/2017WedbushReiterated RatingHoldHighView Rating Details
4/6/2017Griffin SecuritiesReiterated RatingBuyLowView 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
(Data available from 9/21/2015 forward)

Earnings

Earnings History for Landec Corporation (NASDAQ:LNDC)
Earnings by Quarter for Landec Corporation (NASDAQ:LNDC)
Earnings History by Quarter for Landec Corporation (NASDAQ LNDC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
9/25/2017$0.17N/AView Earnings Details
7/25/2017Q4 2017$0.09$0.09$135.46 million$127.40 millionViewN/AView Earnings Details
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 Corporation (NASDAQ:LNDC)
2017 EPS Consensus Estimate: $0.53
2018 EPS Consensus Estimate: $0.68
2019 EPS Consensus Estimate: $0.65
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$0.05$0.20$0.10
Q2 20184$0.10$0.14$0.12
Q3 20184$0.22$0.27$0.24
Q4 20184$0.16$0.29$0.22
Q1 20191$0.10$0.10$0.10
Q2 20191$0.12$0.12$0.12
Q3 20191$0.26$0.26$0.26
Q4 20191$0.17$0.17$0.17
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

Insider Trading and Institutional Ownership History for Landec Corporation (NASDAQ:LNDC)
Insider Ownership Percentage: 4.62%
Institutional Ownership Percentage: 92.07%
Insider Trades by Quarter for Landec Corporation (NASDAQ:LNDC)
Institutional Ownership by Quarter for Landec Corporation (NASDAQ:LNDC)
Insider Trades by Quarter for Landec Corporation (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 Corporation (NASDAQ:LNDC)
Latest Headlines for Landec Corporation (NASDAQ:LNDC)
Source:
DateHeadline
finance.yahoo.com logoEat Smart® Launches Online Home Delivery Service
finance.yahoo.com - September 21 at 3:59 PM
finance.yahoo.com logoLandec Corporation Provides Update on Impact from Extreme Weather Events
finance.yahoo.com - September 20 at 2:38 AM
americanbankingnews.com logo Analysts Expect Landec Corporation (LNDC) Will Announce Quarterly Sales of $123.00 Million
www.americanbankingnews.com - September 19 at 7:38 AM
americanbankingnews.com logoLandec Corporation (LNDC) to Release Earnings on Monday
www.americanbankingnews.com - September 18 at 1:34 AM
feeds.benzinga.com logoLandec Corporation Sets First Quarter Fiscal Year 2018 Conference Call for September 27, 2017 at 8 a.m. PT and Earnings Release set for September 26, 2017 After Market
feeds.benzinga.com - September 6 at 9:48 AM
finance.yahoo.com logoEAT SMART® Donates 24,000 Salads to Victims of Hurricane Harvey
finance.yahoo.com - September 2 at 5:36 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Landec Corporation (LNDC) Will Post Quarterly Sales of $123.00 Million
www.americanbankingnews.com - August 31 at 1:12 AM
americanbankingnews.com logoLandec Corporation (LNDC) Expected to Announce Earnings of $0.06 Per Share
www.americanbankingnews.com - August 29 at 10:26 PM
finance.yahoo.com logoLandec Corp. :LNDC-US: Earnings Analysis: Q4, 2017 By the Numbers : August 14, 2017
finance.yahoo.com - August 15 at 1:07 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Landec Corporation (NASDAQ:LNDC) to Announce $0.05 EPS
www.americanbankingnews.com - August 11 at 6:06 PM
finance.yahoo.com logoLandec Corp. – Value Analysis (NASDAQ:LNDC) : August 8, 2017
finance.yahoo.com - August 8 at 9:44 PM
americanbankingnews.com logoGriffin Securities Comments on Landec Corporation's Q1 2018 Earnings (LNDC)
www.americanbankingnews.com - July 31 at 8:45 AM
americanbankingnews.com logoQ1 2018 Earnings Estimate for Landec Corporation Issued By Wedbush (NASDAQ:LNDC)
www.americanbankingnews.com - July 31 at 8:45 AM
americanbankingnews.com logoGriffin Securities Comments on Landec Corporation's Q2 2018 Earnings (LNDC)
www.americanbankingnews.com - July 28 at 5:48 PM
americanbankingnews.com logoLandec Corporation (NASDAQ:LNDC) Forecasted to Post Q2 2018 Earnings of $0.10 Per Share
www.americanbankingnews.com - July 28 at 5:48 PM
seekingalpha.com logoLandec Corporation's (LNDC) CEO Molly Hemmeter on Q4 2017 Results - Earnings Call Transcript
seekingalpha.com - July 28 at 2:26 AM
finance.yahoo.com logoEdited Transcript of LNDC earnings conference call or presentation 26-Jul-17 3:00pm GMT
finance.yahoo.com - July 28 at 2:26 AM
finance.yahoo.com logoLandec Corp. breached its 50 day moving average in a Bearish Manner : LNDC-US : July 27, 2017
finance.yahoo.com - July 28 at 2:26 AM
finance.yahoo.com logoInvestor Network: Landec Corporation to Host Earnings Call
finance.yahoo.com - July 27 at 3:59 AM
americanbankingnews.com logoLandec Corporation (LNDC) Announces Quarterly Earnings Results
www.americanbankingnews.com - July 26 at 2:03 PM
finance.yahoo.com logoLandec Corporation Reports Fourth Quarter and Fiscal 2017 Results
finance.yahoo.com - July 25 at 11:03 PM
finance.yahoo.com logoLandec meets 4Q profit forecasts
finance.yahoo.com - July 25 at 11:03 PM
americanbankingnews.com logoLandec Corporation (NASDAQ:LNDC) Issues FY18 Earnings Guidance
www.americanbankingnews.com - July 25 at 10:12 PM
americanbankingnews.com logoLandec Corporation (LNDC) Updates Q1 Earnings Guidance
www.americanbankingnews.com - July 25 at 10:12 PM
americanbankingnews.com logoLandec Corporation (NASDAQ:LNDC) Expected to Post Earnings of $0.09 Per Share
www.americanbankingnews.com - July 24 at 9:57 AM
americanbankingnews.com logoComparing Limoneira (LMNR) & Landec Corporation (LNDC)
www.americanbankingnews.com - July 20 at 8:56 AM
americanbankingnews.com logoCritical Survey: Landec Corporation (NASDAQ:LNDC) & Limoneira (LMNR)
www.americanbankingnews.com - July 19 at 10:10 PM
finance.yahoo.com logoLandec Corp. breached its 50 day moving average in a Bearish Manner : LNDC-US : July 11, 2017
finance.yahoo.com - July 12 at 2:30 AM
americanbankingnews.com logoLandec Corporation (LNDC) & Limoneira (LMNR) Financial Analysis
www.americanbankingnews.com - July 6 at 2:44 PM
finance.yahoo.com logoLandec Corporation Sets Fourth Quarter and Fiscal Year-End 2017 Conference Call for July 26, 2017 at 8 a.m. PT and Earnings Release set for July 25, 2017 After Market
finance.yahoo.com - July 5 at 3:51 PM
americanbankingnews.com logoHead-To-Head Comparison: Landec Corporation (LNDC) & Limoneira (LMNR)
www.americanbankingnews.com - July 1 at 10:04 PM
americanbankingnews.com logoLandec Corporation (LNDC) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - July 1 at 7:38 AM
americanbankingnews.com logo Analysts Expect Landec Corporation (LNDC) Will Post Quarterly Sales of $135.46 Million
www.americanbankingnews.com - June 30 at 3:20 PM
americanbankingnews.com logo Analysts Anticipate Landec Corporation (LNDC) Will Announce Earnings of $0.09 Per Share
www.americanbankingnews.com - June 28 at 8:06 AM
americanbankingnews.com logoCritical Survey: Landec Corporation (LNDC) versus Limoneira (LMNR)
www.americanbankingnews.com - June 27 at 7:48 AM
americanbankingnews.com logoLimoneira (LMNR) & Landec Corporation (LNDC) Financial Comparison
www.americanbankingnews.com - June 24 at 4:40 PM
americanbankingnews.com logoS&W Seed Company (SANW) vs. Landec (LNDC) Head-To-Head Review
www.americanbankingnews.com - June 4 at 2:04 PM
americanbankingnews.com logoLandec Co. (LNDC) Expected to Announce Quarterly Sales of $135.46 Million
www.americanbankingnews.com - June 4 at 10:36 AM
americanbankingnews.com logoZacks: Analysts Expect Landec Co. (LNDC) to Announce $0.09 Earnings Per Share
www.americanbankingnews.com - June 2 at 9:50 AM
finance.yahoo.com logoLandec Corp. – Value Analysis (NASDAQ:LNDC) : May 25, 2017
finance.yahoo.com - May 26 at 3:13 AM
finance.yahoo.com logoLandec Corp. breached its 50 day moving average in a Bullish Manner : LNDC-US : May 24, 2017
finance.yahoo.com - May 24 at 11:04 AM
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

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Chart

Landec Corporation (LNDC) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by MarketBeat.com Staff