NASDAQ:LNDC - Landec Stock Price, News, & Analysis

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$11.55 -0.02 (-0.17 %)
(As of 01/22/2019 12:24 PM ET)
Previous Close$11.57
Today's Range$11.49 - $11.56
52-Week Range$10.17 - $15.60
Volume17,754 shs
Average Volume93,876 shs
Market Capitalization$337.50 million
P/E Ratio28.17
Dividend YieldN/A
Beta0.96
Landec Corporation, together with its subsidiaries, designs, develops, manufactures, and sells differentiated health and wellness products for food and biomaterials markets. It operates through two segments, Packaged Fresh Vegetables 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 Biomaterials segment develops, manufactures, and sells pharmaceutical-grade sodium hyaluronate (HA), a naturally occurring polysaccharide that is distributed in the extracellular matrix in animals and humans; and provides contract development, fermentation and aseptic formulation, filling, and packaging services. This segment sells its HA products to the ophthalmic, orthopedic, and oncology markets, as well as supplies HA products to customers pursuing other medical applications, such as aesthetic surgery, medical device coatings, tissue engineering, and pharmaceuticals. The company also produces special olive oils and wine vinegars to natural food, conventional grocery, and mass retail stores. Landec Corporation sells its products in the United States, Canada, Belgium, Ireland, the United Kingdom, Switzerland, Mexico, and other countries. The company was founded in 1986 and is headquartered in Santa Clara, California.

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Industry, Sector and Symbol

Industry Canned fruits & specialties
Sub-IndustrySpecialty Chemicals
SectorConsumer Staples
Current SymbolNASDAQ:LNDC
CUSIP51476610
Phone650-306-1650

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$524.23 million
Cash Flow$0.8632 per share
Book Value$9.16 per share

Profitability

Net Income$24.82 million

Miscellaneous

Employees710
Market Cap$337.50 million
OptionableOptionable

Landec (NASDAQ:LNDC) Frequently Asked Questions

What is Landec's stock symbol?

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

How were Landec's earnings last quarter?

Landec Co. (NASDAQ:LNDC) issued its quarterly earnings data on Tuesday, October, 2nd. The basic materials company reported $0.01 EPS for the quarter. The basic materials company had revenue of $124.70 million for the quarter, compared to analysts' expectations of $123.94 million. Landec had a return on equity of 3.70% and a net margin of 4.04%. The firm's quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.08 earnings per share. View Landec's Earnings History.

When is Landec's next earnings date?

Landec is scheduled to release their next quarterly earnings announcement on Tuesday, April 2nd 2019. View Earnings Estimates for Landec.

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

Landec issued an update on its FY 2019 earnings guidance on Thursday, January, 3rd. The company provided earnings per share (EPS) guidance of $0.25-0.29 for the period, compared to the Thomson Reuters consensus estimate of $0.25. The company issued revenue guidance of $555.681-566.165 million, compared to the consensus revenue estimate of $587.54 million.Landec also updated its Q3 2019 guidance to $0.03-0.04 EPS.

What price target have analysts set for LNDC?

2 analysts have issued 1 year price objectives for Landec's stock. Their predictions range from $17.00 to $18.00. On average, they anticipate Landec's stock price to reach $17.50 in the next twelve months. This suggests a possible upside of 51.4% from the stock's current price. View Analyst Price Targets for Landec.

What is the consensus analysts' recommendation for Landec?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Landec in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Landec.

What are Wall Street analysts saying about Landec stock?

Here are some recent quotes from research analysts about Landec stock:
  • 1. Maxim Group analysts commented, "Market close, LNDC reported slightly lower-than-expected F2Q19 (Nov) revenue and a relatively inline GAAP loss per share. The company significantly reduced its FY19 (May) revenue and EPS guidance for the base business (ex. Yucatan Foods, acquired on 12/1/2018). The conference call is scheduled for tomorrow at 11am ET." (1/3/2019)
  • 2. According to Zacks Investment Research, "Landec Corp. engages in designing, developing, manufacturing and selling of products for food and biomaterials markets and license technology applications. Its operating segment consists of Packaged Fresh Vegetables, Food Export and Biomaterials. Packaged Fresh Vegetables segment includes marketing and packing specialty packaged whole and fresh-cut fruit and vegetables. Food Export segment consists of sale of whole commodity fruit and vegetable product. Biomaterials segment sells products utilizing hyaluronan, a naturally occurring polysaccharide which is distributed in the extracellular matrix of connective tissues in both animals and humans. Landec Corp. is headquartered in Menlo Park, CA. " (12/25/2018)

Has Landec been receiving favorable news coverage?

Press coverage about LNDC stock has been trending very positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Landec earned a news sentiment score of 3.2 on InfoTrie's scale. They also gave media headlines about the basic materials company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are some of Landec's key competitors?

Who are Landec's key executives?

Landec's management team includes the folowing people:
  • Ms. Molly A. Hemmeter, Pres, CEO & Director (Age 52)
  • Mr. Gregory S. Skinner, VP of Fin. & Admin. and CFO (Age 58)
  • Mr. Steven P. Bitler, VP of Corp. Technology (Age 61)
  • Mr. James G. Hall, Pres of Lifecore Biomedical (Age 56)
  • Ms. Dawn Kimball, Sr. VP of HR

Who are Landec's major shareholders?

Landec's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include North Star Investment Management Corp. (0.45%) and National Investment Services Inc. WI (0.10%). Company insiders that own Landec stock include Catherine A Sohn, Fred Frank, Gary T Steele, Gregory S Skinner, Larry D Hiebert, Molly Hemmeter, Ronald Lane Midyett, Steven D Goldby and Steven P Bitler. 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 North Star Investment Management Corp. and National Investment Services Inc. WI. View Insider Buying and Selling for Landec.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Landec's stock price today?

One share of LNDC stock can currently be purchased for approximately $11.56.

How big of a company is Landec?

Landec has a market capitalization of $337.50 million and generates $524.23 million in revenue each year. The basic materials company earns $24.82 million in net income (profit) each year or $0.41 on an earnings per share basis. Landec employs 710 workers across the globe.

What is Landec's official website?

The official website for Landec is http://www.landec.com.

How can I contact Landec?

Landec's mailing address is 5201 GREAT AMERICA PKWY SUITE 232, SANTA CLARA CA, 95054. The basic materials company can be reached via phone at 650-306-1650 or via email at [email protected]


MarketBeat Community Rating for Landec (NASDAQ LNDC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  181 (Vote Outperform)
Underperform Votes:  210 (Vote Underperform)
Total Votes:  391
MarketBeat's community ratings are surveys of what our community members think about Landec and other stocks. Vote "Outperform" if you believe LNDC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LNDC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/22/2019 by MarketBeat.com Staff

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