Lancaster Colony Corporation (LANC)

Market Cap	5.14B
Revenue (ttm)	1.87B
Net Income (ttm)	129.16M
Shares Out	27.52M
EPS (ttm)	4.68
PE Ratio	39.75
Forward PE	27.13
Dividend	$3.60 (1.93%)
Ex-Dividend Date	Mar 6, 2024

Volume	117,999
Open	183.75
Previous Close	183.62
Day's Range	183.75 - 187.34
52-Week Range	158.88 - 220.65
Beta	0.37
Analysts	Buy
Price Target	208.00 (+11.31%)
Earnings Date	May 2, 2024

About LANC

Lancaster Colony Corporation engages in the manufacturing and marketing of specialty food products for the retail and foodservice channels in the United States. It operates in two segments, Retail and Foodservice. The company offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Simply Dressed, Cardini's, and Girard's brands; vegetable and fruit dips under the Marzetti brand; croutons and salad toppings under the New York...

• Industry: Packaged Foods
• Sector: Consumer Staples
• Founded: 1961
• Employees: 3,400
• Stock Exchange: NASDAQ
• Ticker Symbol: LANC

Financial Performance

In 2023, LANC's revenue was $1.82 billion, an increase of 8.72% compared to the previous year's $1.68 billion. Earnings were $111.29 million, an increase of 24.22%.

Analyst Forecast

According to 4 analysts, the average rating for LANC stock is "Buy." The 12-month stock price forecast is $208.0, which is an increase of 11.31% from the latest price.

Price Target

$208.0

(11.31% upside)

Analyst Consensus: Buy