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

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$9.64 -0.03 (-0.31 %)
(As of 05/22/2019 06:48 AM ET)
Previous Close$9.67
Today's Range$9.55 - $9.76
52-Week Range$9.53 - $15.60
Volume92,600 shs
Average Volume134,093 shs
Market Capitalization$281.32 million
P/E Ratio23.51
Dividend YieldN/A
Beta0.86
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$0.8449 per share
Book Value$9.16 per share

Profitability

Net Income$24.82 million

Miscellaneous

Employees710
Market Cap$281.32 million
Next Earnings Date7/30/2019 (Estimated)
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) posted its quarterly earnings data on Wednesday, April, 3rd. The basic materials company reported $0.04 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.03 by $0.01. The basic materials company earned $155.69 million during the quarter, compared to analyst estimates of $156.47 million. Landec had a net margin of 1.24% and a return on equity of 3.12%. The business's revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.58 EPS. View Landec's Earnings History.

When is Landec's next earnings date?

Landec is scheduled to release their next quarterly earnings announcement on Tuesday, July 30th 2019. View Earnings Estimates for Landec.

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

Landec issued an update on its fourth quarter earnings guidance on Wednesday, April, 3rd. The company provided EPS guidance of $0.12-0.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.22. The company issued revenue guidance of $150-153 million, compared to the consensus revenue estimate of $154.00 million.Landec also updated its FY 2019 guidance to $0.15-0.18 EPS.

What price target have analysts set for LNDC?

2 brokers have issued twelve-month price objectives for Landec's shares. Their forecasts range from $12.00 to $17.00. On average, they expect Landec's stock price to reach $14.50 in the next year. This suggests a possible upside of 50.4% 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 1 hold rating and 1 buy rating 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. 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. " (5/21/2019)
  • 2. 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)

Has Landec been receiving favorable news coverage?

Headlines about LNDC stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing 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 positive five, with scores closest to five being the most favorable. Landec earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave media coverage about the basic materials company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days.

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), NII (NIHD), Albemarle (ALB), Cenovus Energy (CVE), General Electric (GE), Clinigen Group (CLIN), Advanced Accelerator Application (AAAP), First Hawaiian (FHB) and Walt Disney (DIS).

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, CFO & VP of Admin. (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 many different of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (8.09%), BlackRock Inc. (6.49%), Walthausen & Co. LLC (3.69%), Royce & Associates LP (3.11%), THB Asset Management (1.98%) and AltraVue Capital LLC (1.68%). Company insiders that own Landec stock include Catherine A Sohn, Gregory S Skinner, Molly Hemmeter, Nelson Obus, Ronald Lane Midyett and Steven D Goldby. 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 Royce & Associates LP, BlackRock Inc., Morgan Stanley, Foundry Partners LLC, Algert Global LLC, J. Goldman & Co LP, Rice Hall James & Associates LLC and THB Asset Management. View Insider Buying and Selling for Landec.

Which institutional investors are buying Landec stock?

LNDC stock was purchased by a variety of institutional investors in the last quarter, including Walthausen & Co. LLC, Penn Capital Management Co. Inc., Penn Capital Management Co. Inc., AltraVue Capital LLC, Legato Capital Management LLC, Boston Partners, IndexIQ Advisors LLC and Geode Capital Management LLC. Company insiders that have bought Landec stock in the last two years include Catherine A Sohn, Gregory S Skinner, Nelson Obus and Steven D Goldby. 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 $9.64.

How big of a company is Landec?

Landec has a market capitalization of $281.32 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:  2.2 out of 5 (star star)
Outperform Votes:  194 (Vote Outperform)
Underperform Votes:  239 (Vote Underperform)
Total Votes:  433
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 5/22/2019 by MarketBeat.com Staff

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