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: Consumer Staples
  • Industry: Agriculture Support Services
  • Sub-Industry: Specialty Chemicals
  • Symbol: NASDAQ:LNDC
  • CUSIP: 51476610
  • Web: www.landec.com
Capitalization:
  • Market Cap: $357.59 million
  • Outstanding Shares: 27,507,000
Average Prices:
  • 50 Day Moving Avg: $12.79
  • 200 Day Moving Avg: $13.50
  • 52 Week Range: $11.20 - $15.50
P/E:
  • Trailing P/E Ratio: 38.24
  • Foreward P/E Ratio: 18.31
  • P/E Growth: 2.30
Sales & Book Value:
  • Annual Revenue: $523.22 million
  • Price / Sales: 0.68
  • Book Value: $8.35 per share
  • Price / Book: 1.56
Profitability:
  • EBITDA: $25.96 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: 63,726 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) announced its quarterly earnings data on Tuesday, September, 26th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.06 by $0.02. The business had revenue of $123.40 million for the quarter, compared to analysts' expectations of $123 million. Landec Corporation had a net margin of 1.80% and a return on equity of 4.17%. The firm's quarterly revenue was down 6.8% compared to the same quarter last year. During the same period last year, the firm posted $0.12 earnings per share. 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 Wednesday, January, 3rd 2018. View Earnings Estimates for Landec Corporation.

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

Landec Corporation updated 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 EPS 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 brokers have issued 12 month price targets for Landec Corporation's shares. Their predictions range from $13.00 to $18.00. On average, they anticipate Landec Corporation's stock price to reach $15.50 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

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 $13.00.


MarketBeat Community Rating for Landec Corporation (NASDAQ LNDC)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  111 (Vote Outperform)
Underperform Votes:  114 (Vote Underperform)
Total Votes:  225
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, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $15.50 (19.23% upside)
Consensus Price Target History for Landec Corporation (NASDAQ:LNDC)
Price Target History for Landec Corporation (NASDAQ:LNDC)
Analysts' Ratings History for Landec Corporation (NASDAQ:LNDC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/28/2017WedbushReiterated RatingHold$13.00LowView Rating Details
9/26/2017Maxim GroupReiterated RatingBuy$18.00MediumView Rating Details
4/6/2017Griffin SecuritiesReiterated RatingBuyLowView 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 10/22/2015 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
1/2/2018$0.07N/AView Earnings Details
9/26/2017Q1 2018$0.06$0.08$123.00 million$123.40 millionViewN/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: $0.66
2019 EPS Consensus Estimate: $0.67
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$0.07$0.14$0.10
Q3 20184$0.23$0.27$0.24
Q4 20184$0.15$0.29$0.22
Q1 20191$0.11$0.11$0.11
Q2 20191$0.12$0.12$0.12
Q3 20191$0.29$0.29$0.29
Q4 20191$0.15$0.15$0.15
(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: 92.18%
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)
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Chart

Landec Corporation (LNDC) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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