Landec Corporation (LNDC)
| Market Cap | 279.49M |
| Revenue (ttm) | 451.19M |
| Net Income (ttm) | -63.63M |
| Shares Out | 29.48M |
| EPS (ttm) | -2.17 |
| PE Ratio | n/a |
| Forward PE | 43.10 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 53,494 |
| Open | 9.25 |
| Previous Close | 9.24 |
| Day's Range | 9.22 - 9.55 |
| 52-Week Range | 7.65 - 12.88 |
| Beta | 1.18 |
| Analysts | Buy |
| Price Target | 15.30 (+61.4%) |
| Earnings Date | Apr 5, 2022 |
About LNDC
Landec Corporation, together with its subsidiaries, engages in the design, development, manufacture, and sale of differentiated health and wellness products for food and biomaterials markets. It operates through Curation Foods and Lifecore segments. The Curation Foods segment engages in processing, marketing, and selling of plant-based salads, and fresh-cut and whole processed vegetables primarily under the Eat Smart brand, O branded olive oils and wine vinegars, and Yucatan and Cabo Fresh guacamole and avocado food products, as well as various...
Financial Performance
In 2021, Landec's revenue was $544.16 million, a decrease of -7.83% compared to the previous year's $590.37 million. Losses were -$32.67 million, -14.47% less than in 2020.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for LNDC stock is "Buy." The 12-month stock price forecast is 15.3, which is an increase of 61.39% from the latest price.
News
Custom Made Meals Appoints Molly Montgomery as Chief Executive Officer
DENVER--(BUSINESS WIRE)--Custom Made Meals (CMM), a leading national provider of fresh, ready-to-cook (RTC) entrees, appetizers, and sides for the meat and deli departments of retail grocery and club st...
Landec Corporation Reports Third Quarter Fiscal Year 2022 Results
Lifecore segment revenues increased 27.9% in fiscal third quarter, as compared to prior year period
Landec (LNDC) Reports Q2 Loss, Misses Revenue Estimates
Landec (LNDC) delivered earnings and revenue surprises of -212.50% and 2.16%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?
Landec Corporation Reports Second Quarter Fiscal Year 2022 Results
Reiterates Fiscal 2022 Guidance for Lifecore
Earnings Preview: Landec (LNDC) Q2 Earnings Expected to Decline
Landec (LNDC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Landec (LNDC) Stock Jumps 13%: Will It Continue to Soar?
Landec (LNDC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Landec Closes Sale Of Curation Food's Fresh Packaged Salads, Vegetables Business
Landec Corp (NASDAQ: LNDC) has completed the sale of its Curation Food's fresh packaged salads and vegetables business for $73.5 million in cash to Taylor Farms Retail Inc. The company plans to use net ...
Taylor Farms Acquires Curation Foods' Fresh Packaged Salads, Green Beans and Fresh Cut Vegetables Business from Lande...
SALINAS, Calif., Dec. 14, 2021 /PRNewswire/ -- Taylor Farms announces the acquisition of Curation Foods' fresh packaged salads, green beans and fresh cut vegetables business from Landec Corporation (Nas...
Landec Corporation Announces Sale of Curation Foods' Fresh Packaged Salads and Vegetables Business for $73.5 Million ...
Strategic sale results in a CDMO-focused company aligned with attractive growth categories and end markets Net proceeds from the sale will be allocated towards debt pay down, resulting in significant de...
Why Landec Stock Crashed on Thursday
The company failed to meet earnings expectations, causing a sharp sell-off.
Landec Shares Slide After Q1 Earnings Miss; Warns On Inflationary Pressure
Landec Corp (NASDAQ: LNDC) reported a first-quarter FY22 revenue decline of 5.1% year-on-year, to $128.79 million, missing the analyst consensus of $129.12 million. The company attributed the lower reve...
Landec (LNDC) Reports Q1 Loss, Tops Revenue Estimates
Landec (LNDC) delivered earnings and revenue surprises of -109.09% and 0.42%, respectively, for the quarter ended August 2021. Do the numbers hold clues to what lies ahead for the stock?
Landec Corporation Reports First Quarter Fiscal Year 2022 Results
SANTA MARIA, Calif., Sept. 29, 2021 (GLOBE NEWSWIRE) -- Landec Corporation (Nasdaq: LNDC), a diversified health and wellness company with two operating businesses, Lifecore Biomedical, Inc. and Curation...
Will Landec (LNDC) Report Negative Earnings Next Week? What You Should Know
Landec (LNDC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Landec (LNDC) Q4 Earnings and Revenues Surpass Estimates
Landec (LNDC) delivered earnings and revenue surprises of 333.33% and 12.41%, respectively, for the quarter ended May 2021. Do the numbers hold clues to what lies ahead for the stock?
Landec: Q4 Earnings Insights
Shares of Landec (NASDAQ:LNDC) moved higher in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 40.00% over the past year to $0.07, which beat t...
Landec Corporation Reports Fourth Quarter and Full Fiscal Year 2021 Results
SANTA MARIA, Calif., July 28, 2021 (GLOBE NEWSWIRE) -- Landec Corporation (Nasdaq: LNDC), a diversified health and wellness company with two operating businesses, Lifecore Biomedical, Inc. and Curation ...
Analysts Estimate Landec (LNDC) to Report a Decline in Earnings: What to Look Out for
Landec (LNDC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Landec Corporation Sets Fourth Quarter 2021 Earnings Conference Call for July 28, 2021 at 2 p.m. PT
SANTA MARIA, Calif., July 14, 2021 (GLOBE NEWSWIRE) -- Landec Corporation (Nasdaq: LNDC), a diversified health and wellness company with two operating businesses, Lifecore Biomedical, Inc. and Curation ...
Landec Sells Investment in Windset Holdings
Early sale to affiliates of founding and controlling investors for $45.1 million
Landec Enters into Transportation Management, Warehousing, and Transportation Services Agreement with Castellini Comp...
A continuation of Project SWIFT, Agreement seeks to improve Curation Foods' market reach while further simplifying operations, including facility rationalization A continuation of Project SWIFT, Agreeme...
Landec (LNDC) Surges 7.1%: Is This an Indication of Further Gains?
Landec (LNDC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the...
Landec (LNDC) Reports Q3 Loss, Lags Revenue Estimates
Landec (LNDC) delivered earnings and revenue surprises of -550.00% and -1.41%, respectively, for the quarter ended February 2021. Do the numbers hold clues to what lies ahead for the stock?
Landec: Q3 Earnings Insights
Shares of Landec (NASDAQ:LNDC) fell after the company reported Q3 results. Quarterly Results Earnings per share fell 325.00% over the past year to ($0.09), which missed the estimate of $0.02.
Landec Corporation Reports Third Quarter and First Nine Months Fiscal 2021 Results
SANTA MARIA, Calif., April 07, 2021 (GLOBE NEWSWIRE) -- Landec Corporation (Nasdaq: LNDC), a diversified health and wellness company with two operating businesses, Lifecore Biomedical, Inc. and Curation...