Landec Company Profile (NASDAQ:LNDC)

About Landec (NASDAQ:LNDC)

Landec 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: Non-Cyclical Consumer Goods & Services
  • Industry: Agriculture Support Services
  • Sub-Industry: Specialty Chemicals
  • Symbol: NASDAQ:LNDC
  • CUSIP: 51476610
  • Web:
  • Market Cap: $342.45 million
  • Outstanding Shares: 27,507,000
Average Prices:
  • 50 Day Moving Avg: $12.84
  • 200 Day Moving Avg: $13.41
  • 52 Week Range: $11.20 - $15.50
  • Trailing P/E Ratio: 33.29
  • Foreward P/E Ratio: 17.54
  • P/E Growth: 2.30
Sales & Book Value:
  • Annual Revenue: $532.26 million
  • Price / Sales: 0.64
  • Book Value: $8.24 per share
  • Price / Book: 1.51
  • EBIDTA: $28.51 million
  • Net Margins: 1.93%
  • Return on Equity: 4.38%
  • Return on Assets: 2.80%
  • Debt-to-Equity Ratio: 0.20%
  • Current Ratio: 1.58%
  • Quick Ratio: 1.09%
  • Average Volume: 65,283 shs.
  • Beta: 1.34
  • Short Ratio: 17.92

Frequently Asked Questions for Landec (NASDAQ:LNDC)

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) announced its earnings results on Tuesday, July, 25th. The company reported $0.09 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.09. The company had revenue of $127.40 million for the quarter, compared to analyst estimates of $135.46 million. Landec had a return on equity of 4.38% and a net margin of 1.93%. The firm's quarterly revenue was down 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.17 earnings per share. View Landec's Earnings History.

When will Landec make its next earnings announcement?

Landec is scheduled to release their next quarterly earnings announcement on Tuesday, September, 26th 2017. View Earnings Estimates for Landec.

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

Landec issued an update on its FY18 earnings guidance on Tuesday, July, 25th. The company provided earnings per share (EPS) guidance of $0.52-$0.58 for the period, compared to the Thomson Reuters consensus estimate of $0.77. Landec also updated its Q1 guidance to $0.05-$0.07 EPS.

Where is Landec's stock going? Where will Landec's stock price be in 2017?

2 brokerages have issued 1 year price targets for Landec's shares. Their forecasts range from $13.00 to $13.00. On average, they expect Landec's stock price to reach $13.00 in the next year. View Analyst Ratings for Landec.

Who are some of Landec's key competitors?

Who are Landec's key executives?

Landec'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

Who owns Landec stock?

Landec's stock is owned by many different of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (9.87%), Dimensional Fund Advisors LP (8.28%), Vanguard Group Inc. (4.66%), Royce & Associates LP (4.37%), Heartland Advisors Inc. (3.25%) and Royal Bank of Canada (3.25%). Company insiders that own Landec stock include Fred Frank, Gary T Steele, Gregory S Skinner, Larry D Hiebert, Ronald Lane Midyett and Steven P Bitler. View Institutional Ownership Trends for Landec.

Who sold Landec stock? Who is selling Landec stock?

Landec's stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Franklin Resources Inc., Granite Investment Partners LLC, Heartland Advisors Inc., Parametric Portfolio Associates LLC, Thomson Horstmann & Bryant Inc., Chartwell Investment Partners LLC and Pacific Ridge Capital Partners LLC. Company insiders that have sold Landec stock in the last year include Fred Frank, Gary T Steele, Gregory S Skinner, Larry D Hiebert, Ronald Lane Midyett and Steven P Bitler. View Insider Buying and Selling for Landec.

Who bought Landec stock? Who is buying Landec stock?

Landec's stock was bought by a variety of institutional investors in the last quarter, including Walthausen & Co. LLC, Royce & Associates LP, Algert Global LLC, Vanguard Group Inc., Bank of New York Mellon Corp, State Street Corp, Martingale Asset Management L P and Wedge Capital Management L L P NC. View Insider Buying and Selling for Landec.

How do I buy Landec stock?

Shares of Landec 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's stock price today?

One share of Landec stock can currently be purchased for approximately $12.45.

MarketBeat Community Rating for Landec (NASDAQ LNDC)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  105 (Vote Outperform)
Underperform Votes:  104 (Vote Underperform)
Total Votes:  209
MarketBeat's community ratings are surveys of what our community members think about Landec 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 (NASDAQ:LNDC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $13.00 (4.42% upside)

Analysts' Ratings History for Landec (NASDAQ:LNDC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/26/2017WedbushReiterated RatingHoldHighView Rating Details
4/6/2017Griffin SecuritiesReiterated RatingBuyLowView Rating Details
6/7/2016Maxim GroupInitiated CoverageBuy$16.00N/AView 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 9/20/2015 forward)


Earnings History for Landec (NASDAQ:LNDC)
Earnings by Quarter for Landec (NASDAQ:LNDC)
Earnings History by Quarter for Landec (NASDAQ LNDC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
9/25/2017$0.17N/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)


Earnings Estimates for Landec (NASDAQ:LNDC)
2017 EPS Consensus Estimate: $0.53
2018 EPS Consensus Estimate: $0.68
2019 EPS Consensus Estimate: $0.65
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$0.10$0.14$0.12
Q3 20184$0.22$0.27$0.24
Q4 20184$0.16$0.29$0.22
Q1 20191$0.10$0.10$0.10
Q2 20191$0.12$0.12$0.12
Q3 20191$0.26$0.26$0.26
Q4 20191$0.17$0.17$0.17
(Data provided by Zacks Investment Research)


Dividend History for Landec (NASDAQ:LNDC)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Landec (NASDAQ:LNDC)
Insider Ownership Percentage: 4.62%
Institutional Ownership Percentage: 92.07%
Insider Trades by Quarter for Landec (NASDAQ:LNDC)
Institutional Ownership by Quarter for Landec (NASDAQ:LNDC)
Insider Trades by Quarter for Landec (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)


Headline Trends for Landec (NASDAQ:LNDC)
Latest Headlines for Landec (NASDAQ:LNDC)
DateHeadline logoLandec Corporation Provides Update on Impact from Extreme Weather Events - September 20 at 2:38 AM logo Analysts Expect Landec Corporation (LNDC) Will Announce Quarterly Sales of $123.00 Million - September 19 at 7:38 AM logoLandec Corporation (LNDC) to Release Earnings on Monday - September 18 at 1:34 AM logoLandec 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 - September 6 at 9:48 AM logoEAT SMART® Donates 24,000 Salads to Victims of Hurricane Harvey - September 2 at 5:36 AM logoZacks: Brokerages Anticipate Landec Corporation (LNDC) Will Post Quarterly Sales of $123.00 Million - August 31 at 1:12 AM logoLandec Corporation (LNDC) Expected to Announce Earnings of $0.06 Per Share - August 29 at 10:26 PM logoLandec Corp. :LNDC-US: Earnings Analysis: Q4, 2017 By the Numbers : August 14, 2017 - August 15 at 1:07 AM logoZacks: Brokerages Anticipate Landec Corporation (NASDAQ:LNDC) to Announce $0.05 EPS - August 11 at 6:06 PM logoLandec Corp. – Value Analysis (NASDAQ:LNDC) : August 8, 2017 - August 8 at 9:44 PM logoGriffin Securities Comments on Landec Corporation's Q1 2018 Earnings (LNDC) - July 31 at 8:45 AM logoQ1 2018 Earnings Estimate for Landec Corporation Issued By Wedbush (NASDAQ:LNDC) - July 31 at 8:45 AM logoGriffin Securities Comments on Landec Corporation's Q2 2018 Earnings (LNDC) - July 28 at 5:48 PM logoLandec Corporation (NASDAQ:LNDC) Forecasted to Post Q2 2018 Earnings of $0.10 Per Share - July 28 at 5:48 PM logoLandec Corporation's (LNDC) CEO Molly Hemmeter on Q4 2017 Results - Earnings Call Transcript - July 28 at 2:26 AM logoEdited Transcript of LNDC earnings conference call or presentation 26-Jul-17 3:00pm GMT - July 28 at 2:26 AM logoLandec Corp. breached its 50 day moving average in a Bearish Manner : LNDC-US : July 27, 2017 - July 28 at 2:26 AM logoInvestor Network: Landec Corporation to Host Earnings Call - July 27 at 3:59 AM logoLandec Corporation (LNDC) Announces Quarterly Earnings Results - July 26 at 2:03 PM logoLandec Corporation Reports Fourth Quarter and Fiscal 2017 Results - July 25 at 11:03 PM logoLandec meets 4Q profit forecasts - July 25 at 11:03 PM logoLandec Corporation (NASDAQ:LNDC) Issues FY18 Earnings Guidance - July 25 at 10:12 PM logoLandec Corporation (LNDC) Updates Q1 Earnings Guidance - July 25 at 10:12 PM logoLandec Corporation (NASDAQ:LNDC) Expected to Post Earnings of $0.09 Per Share - July 24 at 9:57 AM logoComparing Limoneira (LMNR) & Landec Corporation (LNDC) - July 20 at 8:56 AM logoCritical Survey: Landec Corporation (NASDAQ:LNDC) & Limoneira (LMNR) - July 19 at 10:10 PM logoLandec Corp. breached its 50 day moving average in a Bearish Manner : LNDC-US : July 11, 2017 - July 12 at 2:30 AM logoLandec Corporation (LNDC) & Limoneira (LMNR) Financial Analysis - July 6 at 2:44 PM logoLandec 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 - July 5 at 3:51 PM logoHead-To-Head Comparison: Landec Corporation (LNDC) & Limoneira (LMNR) - July 1 at 10:04 PM logoLandec Corporation (LNDC) Upgraded to Buy at Zacks Investment Research - July 1 at 7:38 AM logo Analysts Expect Landec Corporation (LNDC) Will Post Quarterly Sales of $135.46 Million - June 30 at 3:20 PM logo Analysts Anticipate Landec Corporation (LNDC) Will Announce Earnings of $0.09 Per Share - June 28 at 8:06 AM logoCritical Survey: Landec Corporation (LNDC) versus Limoneira (LMNR) - June 27 at 7:48 AM logoLimoneira (LMNR) & Landec Corporation (LNDC) Financial Comparison - June 24 at 4:40 PM logoS&W Seed Company (SANW) vs. Landec (LNDC) Head-To-Head Review - June 4 at 2:04 PM logoLandec Co. (LNDC) Expected to Announce Quarterly Sales of $135.46 Million - June 4 at 10:36 AM logoZacks: Analysts Expect Landec Co. (LNDC) to Announce $0.09 Earnings Per Share - June 2 at 9:50 AM logoLandec Corp. – Value Analysis (NASDAQ:LNDC) : May 25, 2017 - May 26 at 3:13 AM logoLandec Corp. breached its 50 day moving average in a Bullish Manner : LNDC-US : May 24, 2017 - May 24 at 11:04 AM logoNew Salad Shake Ups™ From Eat Smart® Energize the Single-Serve Segment - May 19 at 10:52 AM logoLandec Co. (LNDC) Director Gary T. Steele Sells 26,708 Shares - May 10 at 11:22 PM logo$135.6 Million in Sales Expected for Landec Co. (LNDC) This Quarter - May 10 at 9:46 AM logoLandec Co. (LNDC) Expected to Post Earnings of $0.10 Per Share - May 8 at 6:24 PM logoSomewhat Favorable Media Coverage Very Likely to Affect Landec (LNDC) Share Price - May 2 at 5:04 PM logoETFs with exposure to Landec Corp. : April 28, 2017 - April 28 at 7:15 PM logoSomewhat Positive Media Coverage Very Likely to Affect Landec (LNDC) Stock Price - April 27 at 4:28 PM logoLandec Co. (LNDC) Upgraded at TheStreet - April 27 at 4:18 PM logoLandec (LNDC) Given Media Impact Rating of 0.15 - April 24 at 9:34 PM logoLandec (LNDC) Earning Somewhat Positive News Coverage, Report Finds - April 21 at 9:58 PM



Landec (LNDC) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by Staff