About Landec Corporation (NASDAQ:LNDC)
Landec 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: Consumer Staples
- Industry: Agriculture Support Services
- Sub-Industry: Specialty Chemicals
- Symbol: NASDAQ:LNDC
- CUSIP: 51476610
- Web: www.landec.com
Capitalization:- Market Cap: $347.95 million
- Outstanding Shares: 27,507,000
Average Prices:- 50 Day Moving Avg: $12.80
- 200 Day Moving Avg: $13.50
- 52 Week Range: $11.20 - $15.50
P/E:- Trailing P/E Ratio: 33.95
- Foreward P/E Ratio: 17.82
- P/E Growth: 2.39
Sales & Book Value:- Annual Revenue: $532.26 million
- Price / Sales: 0.65
- Book Value: $8.24 per share
- Price / Book: 1.54
Profitability:- EBITDA: $28.51 million
- Net Margins: 1.80%
- Return on Equity: 4.17%
- Return on Assets: 2.67%
Debt:- Debt-to-Equity Ratio: 0.19%
- Current Ratio: 1.53%
- Quick Ratio: 1.04%
Misc:- Average Volume: 63,517 shs.
- Beta: 1.29
- 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) released its quarterly earnings data on Tuesday, September, 26th. The company reported $0.08 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.06 by $0.02. The firm had revenue of $123.40 million for the quarter, compared to the consensus estimate of $123 million. Landec Corporation had a net margin of 1.80% and a return on equity of 4.17%. The company's quarterly revenue was down 6.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.12 earnings per share. View Landec Corporation's Earnings History.
When will Landec Corporation make its next earnings announcement?
What guidance has Landec Corporation issued on next quarter's earnings?
Landec Corporation issued an update on its FY18 earnings guidance on Tuesday, September, 26th. The company provided earnings per share (EPS) guidance of $0.52-0.58 for the period, compared to the Thomson Reuters consensus estimate of $0.55. Landec Corporation also updated its Q2 guidance to $0.06-0.08 EPS.
Where is Landec Corporation's stock going? Where will Landec Corporation's stock price be in 2017?
3 brokerages have issued 12 month target prices for Landec Corporation's stock. Their predictions range from $13.00 to $18.00. On average, they expect Landec Corporation's stock price to reach $15.50 in the next twelve months. View Analyst Ratings for Landec Corporation.
Who are some of Landec Corporation's key competitors?
Some companies that are related to Landec Corporation include SuperValu (SVU), Amplify Snack Brands, inc. (BETR), The Chefs' Warehouse (CHEF), Smart (SFS), Freshpet (FRPT), tronc (TRNC), Omega Protein Corporation (OME), Calyxt (CLXT), Carriage Services (CSV), Craft Brew Alliance (BREW), Turning Point Brands (TPB), Limoneira Co (LMNR), Primo Water Corporation (PRMW), StoneMor Partners L.P. (STON), Amira Nature Foods Ltd (ANFI), Lifeway Foods (LWAY), Lee Enterprises, Incorporated (LEE) and A.H. Belo Corporation (AHC).
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
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 $12.65.
MarketBeat Community Rating for Landec Corporation (NASDAQ LNDC)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.
Consensus Ratings for Landec Corporation (NASDAQ:LNDC) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.67) |
| Consensus Price Target: | $15.50 (22.53% upside) |
Consensus Price Target History for Landec Corporation (NASDAQ:LNDC)
Analysts' Ratings History for Landec Corporation (NASDAQ:LNDC)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/28/2017 | Wedbush | Reiterated Rating | Hold | $13.00 | Low |  |
| 9/26/2017 | Maxim Group | Reiterated Rating | Buy | $18.00 | Medium | |
| 4/6/2017 | Griffin Securities | Reiterated Rating | Buy | | Low | |
| 2/27/2016 | Roth Capital | Reiterated Rating | Buy | | N/A | |
| 1/25/2016 | Sidoti | Upgrade | Neutral -> Buy | | N/A | |
| 12/8/2015 | Feltl & Co. | Downgrade | Buy -> Hold | $15.00 -> $11.60 | N/A | |
| 11/18/2015 | Wunderlich | Initiated Coverage | Buy | $18.00 | N/A | |
(Data available from 10/20/2015 forward)
Earnings History for Landec Corporation (NASDAQ:LNDC)Earnings History by Quarter for Landec Corporation (NASDAQ LNDC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 1/2/2018 | | $0.07 | | | | | N/A | |
| 9/26/2017 | Q1 2018 | $0.06 | $0.08 | $123.00 million | $123.40 million | View | N/A | |
| 7/25/2017 | Q4 2017 | $0.09 | $0.09 | $135.46 million | $127.40 million | View | N/A | |
| 4/4/2017 | Q3 2017 | $0.12 | $0.13 | $135.86 million | $136.60 million | View | Listen | |
| 1/4/2017 | Q2 2017 | $0.06 | $0.05 | $139.64 million | $135.87 million | View | Listen | |
| 9/27/2016 | Q1 | $0.10 | $0.12 | $131.78 million | $132.39 million | View | N/A | |
| 7/26/2016 | Q4 | $0.15 | $0.17 | $130.02 million | $135.31 million | View | N/A | |
| 3/29/2016 | Q316 | $0.03 | $0.01 | $137.83 million | $130.00 million | View | N/A | |
| 1/5/2016 | Q216 | $0.06 | $0.07 | $141.30 million | $140.44 million | View | N/A | |
| 9/29/2015 | Q116 | $0.13 | $0.11 | $141.46 million | $135.36 million | View | Listen | |
| 7/28/2015 | Q415 | $0.19 | $0.15 | $135.14 million | $134.40 million | View | Listen | |
| 3/31/2015 | Q315 | $0.17 | $0.17 | $135.70 million | $138.50 million | View | Listen | |
| 1/6/2015 | Q215 | $0.12 | $0.12 | $130.71 million | $132.67 million | View | Listen | |
| 10/7/2014 | Q115 | $0.09 | $0.09 | $120.96 million | $133.61 million | View | N/A | |
| 7/29/2014 | Q414 | $0.18 | $0.17 | $112.60 million | $120.90 million | View | N/A | |
| 3/25/2014 | Q314 | $0.22 | $0.24 | $124.90 million | $126.00 million | View | N/A | |
| 1/2/2014 | Q2 | $0.13 | $0.13 | $124.23 million | $120.00 million | View | N/A | |
| 9/24/2013 | Q114 | $0.23 | $0.18 | $108.62 million | $109.50 million | View | N/A | |
| 7/31/2013 | Q4 2013 | $0.16 | $0.17 | $103.39 million | $107.11 million | View | N/A | |
| 3/26/2013 | Q3 2013 | $0.17 | $0.18 | $109.50 million | $117.90 million | View | N/A | |
| 1/2/2013 | Q2 2013 | $0.16 | $0.34 | $102.69 million | $114.70 million | View | N/A | |
| 9/26/2012 | Q113 | $0.08 | $0.10 | $91.77 million | $102.10 million | View | N/A | |
| 7/31/2012 | | $0.09 | $0.11 | | | View | N/A | |
| 3/26/2012 | | $0.13 | $0.18 | | | View | N/A | |
| 1/3/2012 | | $0.12 | $0.13 | | | View | N/A | |
| 10/4/2011 | | $0.06 | $0.07 | | | View | N/A | |
| 3/29/2011 | | $0.07 | $0.09 | | | View | N/A | |
| 1/4/2011 | | $0.08 | $0.08 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Landec Corporation (NASDAQ:LNDC)2017 EPS Consensus Estimate: $0.53
2018 EPS Consensus Estimate: $0.66
2019 EPS Consensus Estimate: $0.67
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 4 | $0.10 | $0.15 | $0.12 |
| Q2 2017 | 4 | $0.07 | $0.18 | $0.11 |
| Q3 2017 | 4 | $0.12 | $0.18 | $0.15 |
| Q4 2017 | 5 | $0.09 | $0.22 | $0.16 |
| Q1 2018 | 3 | $0.05 | $0.20 | $0.10 |
| Q2 2018 | 4 | $0.07 | $0.14 | $0.10 |
| Q3 2018 | 4 | $0.23 | $0.27 | $0.24 |
| Q4 2018 | 4 | $0.15 | $0.29 | $0.22 |
| Q1 2019 | 1 | $0.11 | $0.11 | $0.11 |
| Q2 2019 | 1 | $0.12 | $0.12 | $0.12 |
| Q3 2019 | 1 | $0.29 | $0.29 | $0.29 |
| Q4 2019 | 1 | $0.15 | $0.15 | $0.15 |
(Data provided by Zacks Investment Research)
Dividend History for Landec Corporation (NASDAQ:LNDC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Landec Corporation (NASDAQ:LNDC)Insider Ownership Percentage: 4.62%
Institutional Ownership Percentage: 92.18%
Insider Trades by Quarter for Landec Corporation (NASDAQ:LNDC)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/10/2017 | Gary T Steele | Director | Sell | 26,708 | $14.00 | $373,912.00 | |
| 4/11/2017 | Fred Frank | Director | Sell | 3,025 | $14.00 | $42,350.00 | |
| 4/11/2017 | Ronald Lane Midyett | COO | Sell | 20,000 | $13.76 | $275,200.00 | |
| 4/7/2017 | Steven P Bitler | VP | Sell | 8,000 | $13.58 | $108,640.00 | |
| 2/2/2017 | Steven P Bitler | VP | Sell | 2,574 | $12.26 | $31,557.24 | |
| 1/31/2017 | Larry D. Hiebert | Insider | Sell | 11,704 | $12.59 | $147,353.36 | |
| 11/11/2016 | Gregory S Skinner | VP | Sell | 50,000 | $13.99 | $699,500.00 | |
| 8/11/2016 | Gary T Steele | Director | Sell | 34,484 | $12.47 | $430,015.48 | |
| 8/5/2016 | Ronald Lane Midyett | COO | Sell | 7,000 | $12.02 | $84,140.00 | |
| 2/4/2016 | Fred Frank | Director | Sell | 4,573 | $12.00 | $54,876.00 | |
| 2/1/2016 | Fred Frank | Director | Sell | 5,627 | $12.00 | $67,524.00 | |
| 4/8/2015 | Fred Frank | Director | Sell | 20,000 | $14.71 | $294,200.00 | |
| 8/15/2014 | Fred Frank | Director | Sell | 88,464 | $12.10 | $1,070,414.40 | |
| 8/12/2014 | Fred Frank | Director | Sell | 52,117 | $12.18 | $634,785.06 | |
| 8/7/2014 | Fred Frank | Director | Sell | 20,551 | $12.19 | $250,516.69 | |
| 5/7/2014 | Ronald Lane Midyett | EVP | Sell | 6,000 | $11.59 | $69,540.00 | |
| 5/6/2014 | Nicholas Tompkins | Director | Sell | 10,000 | $11.51 | $115,100.00 | |
| 4/29/2014 | Fred Frank | Director | Sell | 25,741 | $12.06 | $310,436.46 | |
| 4/8/2014 | Molly Hemmeter | COO | Sell | 6,972 | $11.50 | $80,178.00 | |
| 10/10/2013 | Duke Bristow | Director | Sell | 4,271 | $11.75 | $50,184.25 | |
(Data available from 1/1/2013 forward)
Headline Trends for Landec Corporation (NASDAQ:LNDC)
Latest Headlines for Landec Corporation (NASDAQ:LNDC)
| Source: |
|
| Date | Headline |
|---|
 | Landec Corp. breached its 50 day moving average in a Bullish Manner : LNDC-US : October 9, 2017
finance.yahoo.com - October 9 at 4:31 PM |
 | Analysts Expect Landec Corporation (LNDC) Will Post Quarterly Sales of $137.97 Million
www.americanbankingnews.com - October 8 at 11:30 AM |
| Landec Corporation (LNDC) to Post Q3 2018 Earnings of $0.23 Per Share, Griffin Securities Forecasts
www.americanbankingnews.com - October 2 at 7:20 AM |
| Landec Corporation (LNDC) to Post Q2 2018 Earnings of $0.07 Per Share, Wedbush Forecasts
www.americanbankingnews.com - October 2 at 6:02 AM |
| Earnings Review and Free Research Report: Calavo Growers Reported Better Than Expected Revenue
finance.yahoo.com - September 29 at 6:55 PM |
| Q2 2018 EPS Estimates for Landec Corporation (LNDC) Cut by Griffin Securities
www.americanbankingnews.com - September 29 at 10:00 AM |
| Landec Corporation (LNDC) Given "Hold" Rating at Wedbush
www.americanbankingnews.com - September 28 at 8:20 PM |
 | Landec's (LNDC) CEO Molly Hemmeter on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - September 28 at 6:36 PM |
| Landec Corporation (LNDC) Posts Earnings Results
www.americanbankingnews.com - September 27 at 7:30 AM |
| Landec Corporation (LNDC) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - September 26 at 10:10 PM |
| Landec Corporation (LNDC) Earns Buy Rating from Maxim Group
www.americanbankingnews.com - September 26 at 9:32 PM |
| Landec Corporation Reports Fiscal First Quarter 2018 Results
finance.yahoo.com - September 26 at 5:49 PM |
| Landec Corporation (LNDC) Updates FY18 Earnings Guidance
www.americanbankingnews.com - September 26 at 5:04 PM |
| Landec Corporation (LNDC) Issues Q2 Earnings Guidance
www.americanbankingnews.com - September 26 at 5:04 PM |
| EAT SMART® Donates 28,000 Salads to Victims of Hurricane Irma
finance.yahoo.com - September 22 at 11:37 AM |
| Eat Smart® Launches Online Home Delivery Service
finance.yahoo.com - September 21 at 3:59 PM |
| Landec Corporation Provides Update on Impact from Extreme Weather Events
finance.yahoo.com - September 20 at 2:38 AM |
| Analysts Expect Landec Corporation (LNDC) Will Announce Quarterly Sales of $123.00 Million
www.americanbankingnews.com - September 19 at 7:38 AM |
| Landec Corporation (LNDC) to Release Earnings on Monday
www.americanbankingnews.com - September 18 at 1:34 AM |
 | Landec 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 |
| EAT SMART® Donates 24,000 Salads to Victims of Hurricane Harvey
finance.yahoo.com - September 2 at 5:36 AM |
| Landec Corporation (LNDC) Expected to Announce Earnings of $0.06 Per Share
www.americanbankingnews.com - August 29 at 10:26 PM |
| Landec Corp. :LNDC-US: Earnings Analysis: Q4, 2017 By the Numbers : August 14, 2017
finance.yahoo.com - August 15 at 1:07 AM |
| Landec Corp. – Value Analysis (NASDAQ:LNDC) : August 8, 2017
finance.yahoo.com - August 8 at 9:44 PM |
| Griffin Securities Comments on Landec Corporation's Q1 2018 Earnings (LNDC)
www.americanbankingnews.com - July 31 at 8:45 AM |
| Q1 2018 Earnings Estimate for Landec Corporation Issued By Wedbush (NASDAQ:LNDC)
www.americanbankingnews.com - July 31 at 8:45 AM |
| Griffin Securities Comments on Landec Corporation's Q2 2018 Earnings (LNDC)
www.americanbankingnews.com - July 28 at 5:48 PM |
| Landec Corporation (NASDAQ:LNDC) Forecasted to Post Q2 2018 Earnings of $0.10 Per Share
www.americanbankingnews.com - July 28 at 5:48 PM |
| Landec Corporation's (LNDC) CEO Molly Hemmeter on Q4 2017 Results - Earnings Call Transcript
seekingalpha.com - July 28 at 2:26 AM |
| Edited Transcript of LNDC earnings conference call or presentation 26-Jul-17 3:00pm GMT
finance.yahoo.com - July 28 at 2:26 AM |
| Landec 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 |
| Investor Network: Landec Corporation to Host Earnings Call
finance.yahoo.com - July 27 at 3:59 AM |
| Landec Corporation (LNDC) Announces Quarterly Earnings Results
www.americanbankingnews.com - July 26 at 2:03 PM |
| Landec Corporation Reports Fourth Quarter and Fiscal 2017 Results
finance.yahoo.com - July 25 at 11:03 PM |
| Landec meets 4Q profit forecasts
finance.yahoo.com - July 25 at 11:03 PM |
| Landec Corporation (NASDAQ:LNDC) Issues FY18 Earnings Guidance
www.americanbankingnews.com - July 25 at 10:12 PM |
| Landec Corporation (LNDC) Updates Q1 Earnings Guidance
www.americanbankingnews.com - July 25 at 10:12 PM |
| Landec Corporation (NASDAQ:LNDC) Expected to Post Earnings of $0.09 Per Share
www.americanbankingnews.com - July 24 at 9:57 AM |
| Comparing Limoneira (LMNR) & Landec Corporation (LNDC)
www.americanbankingnews.com - July 20 at 8:56 AM |
| Critical Survey: Landec Corporation (NASDAQ:LNDC) & Limoneira (LMNR)
www.americanbankingnews.com - July 19 at 10:10 PM |
| Landec 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 |
| Landec Corporation (LNDC) & Limoneira (LMNR) Financial Analysis
www.americanbankingnews.com - July 6 at 2:44 PM |
| Landec 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 |
| Head-To-Head Comparison: Landec Corporation (LNDC) & Limoneira (LMNR)
www.americanbankingnews.com - July 1 at 10:04 PM |
| Landec beats by $0.06, beats on revenue
seekingalpha.com - April 4 at 4:27 PM |
| Landec Corporation acquires O Olive Oil
seekingalpha.com - March 2 at 12:54 PM |
| LANDEC CORP \CA\ Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - January 24 at 7:02 PM |
 | ETFs with exposure to Landec Corp. : January 11, 2017
us.rd.yahoo.com - January 11 at 6:58 PM |
 | Edited Transcript of LNDC earnings conference call or presentation 5-Jan-17 4:00pm GMT
us.rd.yahoo.com - January 6 at 12:45 AM |
| LANDEC CORP \CA\ Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - January 5 at 7:43 PM |
Landec Corporation (LNDC) Chart for Friday, October, 20, 2017
