Landec Corporation (LNDC)

NASDAQ: LNDC · Delayed Price · USD
9.48
0.24 (2.60%)
At close: May 25, 2022 4:00 PM
9.01
-0.47 (-4.96%)
After-hours:May 25, 2022 5:25 PM EDT
Market Cap279.49M
Revenue (ttm)451.19M
Net Income (ttm)-63.63M
Shares Out29.48M
EPS (ttm)-2.17
PE Ration/a
Forward PE43.10
Dividendn/a
Ex-Dividend Daten/a
Volume53,494
Open9.25
Previous Close9.24
Day's Range9.22 - 9.55
52-Week Range7.65 - 12.88
Beta1.18
AnalystsBuy
Price Target15.30 (+61.4%)
Earnings DateApr 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...

IndustryFood Products
IPO DateFeb 15, 1996
CEOAlbert Bolles
Employees905
Stock ExchangeNASDAQ
Ticker SymbolLNDC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$15.3
(61.39% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

1 week ago - Business Wire

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

1 month ago - GlobeNewsWire

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?

4 months ago - Zacks Investment Research

Landec Corporation Reports Second Quarter Fiscal Year 2022 Results

Reiterates Fiscal 2022 Guidance for Lifecore

4 months ago - GlobeNewsWire

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.

4 months ago - Zacks Investment Research

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.

5 months ago - Zacks Investment Research

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 ...

5 months ago - Benzinga

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...

5 months ago - PRNewsWire

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...

5 months ago - GlobeNewsWire

Why Landec Stock Crashed on Thursday

The company failed to meet earnings expectations, causing a sharp sell-off.

7 months ago - The Motley Fool

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...

7 months ago - Benzinga

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?

7 months ago - Zacks Investment Research

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...

7 months ago - GlobeNewsWire

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.

8 months ago - Zacks Investment Research

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?

9 months ago - Zacks Investment Research

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...

9 months ago - Benzinga

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 ...

9 months ago - GlobeNewsWire

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.

10 months ago - Zacks Investment Research

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 ...

10 months ago - GlobeNewsWire

Landec Sells Investment in Windset Holdings

Early sale to affiliates of founding and controlling investors for $45.1 million

11 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Zacks Investment Research

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?

1 year ago - Zacks Investment Research

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.

1 year ago - Benzinga

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...

1 year ago - GlobeNewsWire