Limoneira Company (LMNR)
NASDAQ: LMNR · IEX Real-Time Price · USD
22.05
-0.26 (-1.17%)
At close: Jul 19, 2024, 4:30 PM
22.11
+0.06 (0.27%)
Pre-market: Jul 20, 2024, 9:29 AM EDT

Limoneira Company Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Limoneira Company stock have an average target of 24, with a low estimate of 23 and a high estimate of 25. The average target predicts an increase of 8.84% from the current stock price of 22.05.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $23 $24 $25 $25
Change +4.31% +8.84% +13.38% +13.38%
* Price targets were last updated on Jun 7, 2024.

Analyst Ratings

The average analyst rating for LMNR stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 111122
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 111122

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Lake Street
Lake Street
Strong Buy
Maintains
$23$25
Strong Buy Maintains $23$25 +13.38% Jun 7, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$17$23
Strong Buy Maintains $17$23 +4.31% Jan 2, 2024
Roth Capital
Roth Capital
Strong Buy
Maintains
$20$17
Strong Buy Maintains $20$17 -22.90% Dec 29, 2022
Stifel
Stifel
Strong Buy
Maintains
$20$16
Strong Buy Maintains $20$16 -27.44% Mar 14, 2022
Stephens & Co.
Stephens & Co.
Buy
Upgrades
n/a
Buy Upgrades n/a n/a Mar 5, 2021
More Analyst Ratings

Financial Forecast

Revenue This Year
195.10M
from 179.90M
Increased by 8.45%
Revenue Next Year
220.03M
from 195.10M
Increased by 12.78%
EPS This Year
0.38
from 0.50
Decreased by -23.84%
EPS Next Year
0.36
from 0.38
Decreased by -5.36%
Year 2019202020212022202320242025
Revenue
171.40M164.56M166.03M184.61M179.90M195.10M220.03M
Revenue Growth
32.46%-3.99%0.89%11.19%-2.55%8.45%12.78%
EPS
-0.37-0.96-0.23-0.040.500.380.36
EPS Growth
------23.84%-5.36%
Forward PE
-----57.9061.18
No. Analysts -----66
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 214.3M 252.0M
Avg 195.1M 220.0M
Low 181.4M 191.1M

Revenue Growth

Revenue Growth 20242025
High
19.1%
29.2%
Avg
8.4%
12.8%
Low
0.8%
-2.1%

EPS Forecast

EPS 20242025
High 0.54 0.53
Avg 0.38 0.36
Low 0.20 0.25

EPS Growth

EPS Growth 20242025
High
7.1%
37.9%
Avg
-23.8%
-5.4%
Low
-60.8%
-35.7%
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.