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.
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Industry, Sector and Symbol
Industry Canned fruits & specialties
Sub-IndustrySpecialty Chemicals
SectorConsumer Staples
Phone650-306-1650
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$557.56 million
Profitability
Miscellaneous
Employees710
Next Earnings Date1/2/2020 (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 results on Tuesday, October, 1st. The basic materials company reported ($0.16) earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.16). The basic materials company had revenue of $138.70 million for the quarter, compared to analyst estimates of $131.14 million. The business's revenue was up 11.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.01 earnings per share. View Landec's Earnings History.
When is Landec's next earnings date?
What guidance has Landec issued on next quarter's earnings?
Landec updated its FY20 earnings guidance on Tuesday, October, 1st. The company provided EPS guidance of $0.28-$0.32 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.27.
What price target have analysts set for LNDC?
5 brokerages have issued 1-year target prices for Landec's shares. Their predictions range from $11.00 to $17.00. On average, they expect Landec's share price to reach $13.00 in the next year. This suggests a possible upside of 37.5% from the stock's current price. View Analyst Price Targets for Landec.
What is the consensus analysts' recommendation for Landec?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Landec in the last year. There are currently 2 hold ratings and 3 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. 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. " (10/9/2019)
- 2. Maxim Group analysts commented, "Market close, LNDC reported F4Q19 (May) revenue and GAAP EPS inline with preannounced guidance. Management introduced better-than-expected FY20 revenue guidance compared to both our estimate and consensus, and GAAP EPS guidance inline with consensus and slightly above our estimate. Management also introduced F1Q20 (Aug) guidance and expects revenue to be $135M – $140M with a GAAP EPS loss of ($0.14) – ($0.16). The conference call is scheduled for tomorrow, 11am ET." (7/31/2019)
Has Landec been receiving favorable news coverage?
News stories about LNDC stock have been trending negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Landec earned a news sentiment score of -2.6 on InfoTrie's scale. They also gave news articles about the basic materials company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Landec.
Are investors shorting Landec?
Landec saw a decrease in short interest in September. As of September 30th, there was short interest totalling 1,190,000 shares, a decrease of 7.0% from the August 30th total of 1,280,000 shares. Based on an average trading volume of 133,400 shares, the short-interest ratio is presently 8.9 days. Approximately 4.2% of the company's shares are sold short. View Landec's Current Options Chain.
Who are some of Landec's key competitors?
Some companies that are related to Landec include B&G Foods (BGS), Chefs' Warehouse (CHEF), Schweitzer-Mauduit International (SWM), John B. Sanfilippo & Son (JBSS), Matthews International (MATW), e.l.f. Beauty (ELF), MGP Ingredients (MGPI), Tupperware Brands (TUP), Adecoagro (AGRO), Primo Water (PRMW), New Media Investment Group (NEWM), Turning Point Brands (TPB), Carriage Services (CSV), HF Foods Group (HFFG) and United Natural Foods (UNFI).
What other stocks do shareholders of Landec own?
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 a variety of of institutional and retail investors. Top institutional shareholders include North Star Investment Management Corp. (0.02%). 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?
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, Robinhood, Fidelity and Charles Schwab.
What is Landec's stock price today?
One share of LNDC stock can currently be purchased for approximately $9.46.
How big of a company is Landec?
Landec has a market capitalization of $275.61 million and generates $557.56 million in revenue each year. The basic materials company earns $410,000.00 in net income (profit) each year or $0.32 on an earnings per share basis. Landec employs 710 workers across the globe.View Additional Information About Landec.
What is Landec's official website?
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)
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.
