Landec 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.
Industry, Sector and Symbol
Industry Canned fruits & specialties
Sub-IndustrySpecialty Chemicals
SectorConsumer Staples
SymbolNASDAQ:LNDC
CUSIP51476610
Phone650-306-1650
Debt
Debt-to-Equity Ratio0.17
Current Ratio1.33
Quick Ratio0.92
Price-To-Earnings
Trailing P/E Ratio35.97
Forward P/E Ratio34.18
P/E GrowthN/A
Sales & Book Value
Annual Sales$532.26 million
Price / Sales0.71
Cash Flow$0.7771 per share
Price / Cash17.59
Book Value$8.36 per share
Price / Book1.64
Profitability
EPS (Most Recent Fiscal Year)$0.38
Net Income$10.59 million
Net Margins3.95%
Return on Equity3.17%
Return on Assets2.01%
Miscellaneous
Employees670
Outstanding Shares27,560,000
