NASDAQ:LNDC

Landec Stock Forecast, Price & News

$10.98
-0.22 (-1.96 %)
(As of 04/19/2021 03:59 PM ET)
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Today's Range
$10.91
Now: $10.98
$11.30
50-Day Range
$9.91
MA: $11.05
$12.22
52-Week Range
$7.48
Now: $10.98
$12.24
Volume8,573 shs
Average Volume139,746 shs
Market Capitalization$322.08 million
P/E RatioN/A
Dividend YieldN/A
Beta1.04
Landec Corporation, together with its subsidiaries, designs, develops, manufactures, and sells differentiated health and wellness products for food and biomaterials markets. It operates through Curation Foods and Lifecore segments. The Curation Foods segment engages in processing, marketing, and selling of vegetable-based salads, and fresh-cut and whole vegetable products primarily under the Eat Smart brand, O branded olive oils and wine vinegars, and Yucatan and Cabo Fresh guacamole and avocado food products, as well as various private labels. It serves retail grocery chains, club stores, and food service operators. The Lifecore segment engages in the manufacture of pharmaceutical-grade sodium hyaluronate (HA) in bulk form, as well as formulated and filled syringes and vials for injectable products used in treating a range of medical conditions and procedures. It also provides services, including technology transfer, material component changes, analytical method development, formulation development, pilot studies, stability studies, process validation, and production of materials for clinical studies to its partners for HA-based and non-HA based aseptically formulated and filled products. This segment sells its non-HA products for medical use primarily in the ophthalmic, orthopedic, and other markets. It sells its products directly to partners in the medical device and pharmaceutical markets. The company was founded in 1986 and is headquartered in Santa Clara, California.
Landec logo

Industry, Sector and Symbol

Industry Canned fruits & specialties
Sub-IndustrySpecialty Chemicals
Current SymbolNASDAQ:LNDC
CUSIP51476610
Phone650-306-1650
Employees796
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$590.37 million
Cash Flow$0.39 per share
Book Value$7.13 per share

Profitability

Net Income$-38,190,000.00

Miscellaneous

Market Cap$322.08 million
Next Earnings Date8/10/2021 (Estimated)
OptionableOptionable

Headlines

Landec - Benzinga
April 18, 2021 |  benzinga.com
Landec Co. (NASDAQ:LNDC) CEO Albert D. Bolles Buys 9,000 Shares
April 15, 2021 |  americanbankingnews.com
Landec Co. (NASDAQ:LNDC) VP Purchases $106,200.00 in Stock
April 15, 2021 |  americanbankingnews.com
Insider Buys Landec Stock - Benzinga
April 15, 2021 |  benzinga.com
See More Headlines

MarketRank

Overall MarketRank

1.98 out of 5 stars

Consumer Staples Sector

29th out of 301 stocks

Canned Fruits & Specialties Industry

2nd out of 5 stocks

Analyst Opinion: 2.4Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -
$10.98
-0.22 (-1.96 %)
(As of 04/19/2021 03:59 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Landec (NASDAQ:LNDC) Frequently Asked Questions

Is Landec a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Landec in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Landec stock.
View analyst ratings for Landec
or view top-rated stocks.

What stocks does MarketBeat like better than Landec?

Wall Street analysts have given Landec a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Landec wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Landec's next earnings date?

Landec is scheduled to release its next quarterly earnings announcement on Tuesday, August 10th 2021.
View our earnings forecast for Landec
.

How were Landec's earnings last quarter?

Landec Co. (NASDAQ:LNDC) announced its quarterly earnings results on Tuesday, April, 6th. The basic materials company reported ($0.09) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.02 by $0.11. Landec had a negative net margin of 8.85% and a negative trailing twelve-month return on equity of 0.04%.
View Landec's earnings history
.

How has Landec's stock been impacted by Coronavirus?

Landec's stock was trading at $9.54 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LNDC shares have increased by 15.4% and is now trading at $11.01.
View which stocks have been most impacted by COVID-19
.

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

Landec issued an update on its FY 2021 After-Hours earnings guidance on Wednesday, April, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $523-532 million, compared to the consensus revenue estimate of $542.33 million.

What price target have analysts set for LNDC?

4 brokerages have issued 1 year price objectives for Landec's stock. Their forecasts range from $12.00 to $15.00. On average, they expect Landec's stock price to reach $13.00 in the next year. This suggests a possible upside of 18.1% from the stock's current price.
View analysts' price targets for Landec
or view top-rated stocks among Wall Street analysts.

Who are Landec's key executives?

Landec's management team includes the following people:
  • Dr. Albert D. Bolles, CEO, Pres & Director (Age 63, Pay $712.7k)
  • Mr. Timothy P. Burgess, Sr. VP of Supply Chain - Curation Foods (Age 58, Pay $387.63k)
  • Mr. James G. Hall, Pres of Lifecore (Age 58, Pay $594.68k)
  • Mr. John D. Morberg, CFO & Sec. (Age 57)
  • Mr. Aaron Perlitsh, Director of Internal Audit & Chief Compliance Officer
  • Mr. Parker K. Javid, VP (Age 51)

What is Gary T. Steele's approval rating as Landec's CEO?

1 employees have rated Landec CEO Gary T. Steele on Glassdoor.com. Gary T. Steele has an approval rating of 100% among Landec's employees. This puts Gary T. Steele in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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 Comerica (CMA), Honda Motor (HMC), The Walt Disney (DIS), General Mills (GIS), Walmart (WMT), Albemarle (ALB), Cenovus Energy (CVE), Selecta Biosciences (SELB), First Hawaiian (FHB) and General Electric (GE).

What is Landec's stock symbol?

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

Who are Landec's major shareholders?

Landec's stock is owned by a variety of retail and institutional investors. Top institutional investors include AltraVue Capital LLC (0.45%). Company insiders that own Landec stock include Albert D Bolles, James G Hall, John D Morberg, Nelson Obus, Timothy P Burgess and Wynnefield Partners Small Cap.
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 AltraVue Capital LLC.
View insider buying and selling activity for Landec
or view top insider-selling stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Landec's stock price today?

One share of LNDC stock can currently be purchased for approximately $11.01.

How much money does Landec make?

Landec has a market capitalization of $322.96 million and generates $590.37 million in revenue each year. The basic materials company earns $-38,190,000.00 in net income (profit) each year or ($0.26) on an earnings per share basis.

How many employees does Landec have?

Landec employs 796 workers across the globe.

What is Landec's official website?

The official website for Landec is www.landec.com.

Where are Landec's headquarters?

Landec is headquartered at 5201 GREAT AMERICA PKWY SUITE 232, SANTA MARIA CA, 93455.

How can I contact Landec?

Landec's mailing address is 5201 GREAT AMERICA PKWY SUITE 232, SANTA MARIA CA, 93455. The basic materials company can be reached via phone at 650-306-1650 or via email at [email protected]


This page was last updated on 4/19/2021 by MarketBeat.com Staff
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