Lancaster Colony Corporation (LANC)
NASDAQ: LANC · IEX Real-Time Price · USD
187.03
-0.95 (-0.51%)
Apr 26, 2024, 4:00 PM EDT - Market closed
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 11.21% from the current stock price of 187.03.
Analyst Consensus: Buy
* Price targets were last updated on Mar 11, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 1 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $200 → $203 | Hold | Maintains | $200 → $203 | +8.54% | Mar 11, 2024 |
| Stephens & Co. | Stephens & Co. | Buy → Hold Downgrades $205 → $218 | Buy → Hold | Downgrades | $205 → $218 | +16.56% | Feb 2, 2024 |
| DA Davidson | DA Davidson | Hold Initiates $185 | Hold | Initiates | $185 | -1.09% | Dec 8, 2023 |
| Jefferies | Jefferies | Hold Initiates $166 | Hold | Initiates | $166 | -11.24% | Nov 27, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Initiates $205 | Buy | Initiates | $205 | +9.61% | Oct 13, 2023 |
Financial Forecast
Revenue This Year
1.92B
from 1.82B
Increased by 5.35%
Revenue Next Year
1.98B
from 1.92B
Increased by 3.28%
EPS This Year
6.41
from 4.04
Increased by 58.76%
EPS Next Year
7.07
from 6.41
Increased by 10.24%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.0B | 2.1B | 2.2B |
| Avg | 1.9B | 2.0B | 2.1B |
| Low | 1.8B | 1.9B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.0% | 7.8% | 9.0% |
| Avg | 5.3% | 3.3% | 3.5% |
| Low | 0.6% | -2.0% | -2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.92 | 7.54 | 7.33 |
| Avg | 6.41 | 7.07 | 7.12 |
| Low | 5.99 | 6.47 | 6.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 71.3% | 17.5% | 3.7% |
| Avg | 58.8% | 10.2% | 0.7% |
| Low | 48.2% | 0.8% | -3.3% |
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.