Lancaster Colony Corporation (LANC)
NASDAQ: LANC · IEX Real-Time Price · USD
190.65
+2.08 (1.10%)
At close: Jul 2, 2024, 4:00 PM
186.84
-3.81 (-2.00%)
After-hours: Jul 2, 2024, 4:03 PM EDT
Lancaster Colony Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Lancaster Colony stock have an average target of 208, with a low estimate of 185 and a high estimate of 226. The average target predicts an increase of 9.10% from the current stock price of 190.65.
Analyst Consensus: Buy
* Price targets were last updated on May 3, 2024.
Analyst Ratings
The average analyst rating for LANC stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Reiterates $218 | Hold | Reiterates | $218 | +14.35% | May 3, 2024 |
| Jefferies | Jefferies | Hold Maintains $200 → $203 | Hold | Maintains | $200 → $203 | +6.48% | Mar 11, 2024 |
| Stephens & Co. | Stephens & Co. | Buy → Hold Downgrades $205 → $218 | Buy → Hold | Downgrades | $205 → $218 | +14.35% | Feb 2, 2024 |
| DA Davidson | DA Davidson | Hold Initiates $185 | Hold | Initiates | $185 | -2.96% | Dec 8, 2023 |
| Jefferies | Jefferies | Hold Initiates $166 | Hold | Initiates | $166 | -12.93% | Nov 27, 2023 |
Financial Forecast
Revenue This Year
1.92B
from 1.82B
Increased by 5.18%
Revenue Next Year
1.98B
from 1.92B
Increased by 3.18%
EPS This Year
6.31
from 4.04
Increased by 56.11%
EPS Next Year
7.06
from 6.31
Increased by 11.94%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.0B | 2.1B | 2.1B |
| Avg | 1.9B | 2.0B | 2.0B |
| Low | 1.8B | 1.9B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.6% | 7.8% | 8.0% |
| Avg | 5.2% | 3.2% | 3.5% |
| Low | 0.0% | -1.9% | -1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.65 | 7.48 | 7.35 |
| Avg | 6.31 | 7.06 | 7.14 |
| Low | 5.82 | 6.62 | 6.86 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 64.5% | 18.5% | 4.1% |
| Avg | 56.1% | 11.9% | 1.1% |
| Low | 44.1% | 4.9% | -2.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.