NYSE:LOCL Local Bounti (LOCL) Stock Price, News & Analysis $2.77 -0.08 (-2.81%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$2.64▼$2.7750-Day Range$2.60▼$3.2452-Week Range$1.17▼$6.33Volume1,873 shsAverage Volume11,426 shsMarket Capitalization$23.51 millionP/E RatioN/ADividend YieldN/APrice Target$9.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Local Bounti alerts: Email Address Local Bounti MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside224.9% Upside$9.00 Price TargetShort InterestHealthy2.50% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.10Based on 2 Articles This WeekInsider TradingSelling Shares$10,679 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($12.08) to ($5.56) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.16 out of 5 starsConsumer Staples Sector110th out of 136 stocksAgricultural Production - Crops Industry9th out of 9 stocks 3.0 Analyst's Opinion Consensus RatingLocal Bounti has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageLocal Bounti has received no research coverage in the past 90 days.Read more about Local Bounti's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.50% of the float of Local Bounti has been sold short.Short Interest Ratio / Days to CoverLocal Bounti has a short interest ratio ("days to cover") of 7.7.Change versus previous monthShort interest in Local Bounti has recently decreased by 4.20%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldLocal Bounti does not currently pay a dividend.Dividend GrowthLocal Bounti does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LOCL. Previous Next 2.3 News and Social Media Coverage News SentimentLocal Bounti has a news sentiment score of 0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Local Bounti this week, compared to 0 articles on an average week.MarketBeat Follows1 people have added Local Bounti to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Local Bounti insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,679.00 in company stock.Percentage Held by Insiders38.10% of the stock of Local Bounti is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 28.01% of the stock of Local Bounti is held by institutions.Read more about Local Bounti's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Local Bounti are expected to grow in the coming year, from ($12.08) to ($5.56) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Local Bounti is -0.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Local Bounti is -0.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioLocal Bounti has a P/B Ratio of 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Local Bounti's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Local Bounti Stock (NYSE:LOCL)Local Bounti Corporation grows and packs fresh greens in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.Read More LOCL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LOCL Stock News HeadlinesJune 27, 2024 | insidertrades.comInsider Selling: Local Bounti Co. (NYSE:LOCL) Director Sells 3,695 Shares of StockJuly 22, 2024 | finance.yahoo.comLocal Bounti Expands Distribution with Sam's ClubJuly 27, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 22, 2024 | prnewswire.comLocal Bounti Expands Distribution with Sam's ClubJune 25, 2024 | prnewswire.comLocal Bounti Chief Financial Officer Kathleen Valiasek Promoted to President and CFOJune 20, 2024 | prnewswire.comLocal Bounti Announces NYSE Acceptance of Plan to Regain Listing ComplianceMay 16, 2024 | prnewswire.comLocal Bounti to Mark Opening of New High-Tech Controlled Environment Agriculture Facility in Mount Pleasant, Texas with Ribbon Cutting CeremonyMay 13, 2024 | investing.comEarnings call: Local Bounti sees robust Q1 growth, forecasts positive EBITDAJuly 27, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.May 12, 2024 | msn.comLocal Bounti Corporation (NYSE:LOCL) Q1 2024 Earnings Call TranscriptMay 11, 2024 | finance.yahoo.comLocal Bounti First Quarter 2024 Earnings: EPS Misses ExpectationsMay 10, 2024 | markets.businessinsider.comLocal Bounti Corporation: Poised for Robust Growth and EBITDA PositivityMay 9, 2024 | msn.comLOCL Stock Earnings: Local Bounti Misses EPS, Misses Revenue for Q1 2024May 9, 2024 | prnewswire.comLocal Bounti Announces First Quarter 2024 Financial ResultsMay 6, 2024 | prnewswire.comLocal Bounti to Release First Quarter 2024 Financial Results on Thursday, May 9, 2024April 23, 2024 | finance.yahoo.comLocal Bounti to Mark Opening of New High-Tech Controlled Environment Agriculture Facility in Pasco, Washington with Ribbon Cutting CeremonyApril 20, 2024 | investorplace.com3 Vegan Stocks to Buy Now: Q2 EditionApril 5, 2024 | prnewswire.comLocal Bounti Receives Continued Listing Standard Notice from NYSESee More Headlines Receive LOCL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Local Bounti and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/09/2024Today7/26/2024Next Earnings (Estimated)8/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Staples Industry Agricultural production - crops Sub-IndustryN/A Current SymbolNYSE:LOCL CUSIPN/A CIK1840780 Webleoholdings.com Phone800-640-4016FaxN/AEmployees301Year FoundedN/APrice Target and Rating Average Stock Price Target$9.00 High Stock Price Target$9.00 Low Stock Price Target$9.00 Potential Upside/Downside+221.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($15.36) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-124,010,000.00 Net Margins-425.89% Pretax Margin-425.89% Return on Equity-273.85% Return on Assets-32.42% Debt Debt-to-Equity Ratio18.20 Current Ratio0.80 Quick Ratio0.64 Sales & Book Value Annual Sales$27.56 million Price / Sales0.86 Cash FlowN/A Price / Cash FlowN/A Book Value$1.84 per share Price / Book1.52Miscellaneous Outstanding Shares8,490,000Free Float5,254,000Market Cap$23.77 million OptionableNo Data Beta2.54 Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.Get This Free Report Key ExecutivesMr. Craig M. Hurlbert (Age 61)Co-Founder, CEO & Director Comp: $58.17kMs. Kathleen Valiasek (Age 60)Chief Financial Officer Comp: $438.85kDr. Travis M. Joyner J.D. (Age 41)Ph.D., Co-Founder, Chief Technology Officer & Chairman Comp: $82.75kMs. Margaret E. McCandless (Age 51)General Counsel & Corporate Secretary Key CompetitorsOrigin AgritechNASDAQ:SEEDS&W SeedNASDAQ:SANWShinecoNASDAQ:SISIArcadia BiosciencesNASDAQ:RKDAAfrican AgricultureNASDAQ:AAGRView All CompetitorsInsiders & InstitutionsMark Joseph NelsonSold 3,695 sharesTotal: $10,678.55 ($2.89/share)BNP PARIBAS ASSET MANAGEMENT Holding S.A.Sold 70,565 shares on 5/8/2024Ownership: 1.514%Mark Joseph NelsonSold 660 sharesTotal: $1,524.60 ($2.31/share)Mark Joseph NelsonSold 447 sharesTotal: $1,157.73 ($2.59/share)Kathleen ValiasekBought 800 shares on 11/13/2023Total: $2,536.00 ($3.17/share)View All Insider TransactionsView All Institutional Transactions LOCL Stock Analysis - Frequently Asked Questions How have LOCL shares performed this year? Local Bounti's stock was trading at $2.07 at the start of the year. Since then, LOCL shares have increased by 33.8% and is now trading at $2.77. View the best growth stocks for 2024 here. How were Local Bounti's earnings last quarter? Local Bounti Co. (NYSE:LOCL) posted its quarterly earnings results on Thursday, May, 9th. The company reported ($2.89) EPS for the quarter, missing the consensus estimate of ($2.76) by $0.13. The firm had revenue of $8.38 million for the quarter, compared to the consensus estimate of $8.40 million. Local Bounti had a negative net margin of 425.89% and a negative trailing twelve-month return on equity of 273.85%. When did Local Bounti's stock split? Local Bounti shares reverse split on Thursday, June 15th 2023. The 1-13 reverse split was announced on Thursday, June 15th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, June 15th 2023. An investor that had 100 shares of stock prior to the reverse split would have 8 shares after the split. How do I buy shares of Local Bounti? Shares of LOCL stock can be purchased through any online brokerage account. 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