Press coverage about Landec (NASDAQ:LNDC) has trended somewhat positive on Monday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Landec earned a news impact score of 0.21 on Accern’s scale. Accern also assigned media stories about the basic materials company an impact score of 46.1240242856467 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

NASDAQ LNDC remained flat at $$13.00 during trading on Monday. The company’s stock had a trading volume of 520 shares, compared to its average volume of 63,519. The company has a market cap of $360.74 million, a PE ratio of 31.71 and a beta of 0.56. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.10 and a quick ratio of 0.74. Landec has a 12-month low of $11.42 and a 12-month high of $15.60.

Landec (NASDAQ:LNDC) last released its earnings results on Tuesday, July 31st. The basic materials company reported $0.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.02. The firm had revenue of $141.10 million for the quarter, compared to analysts’ expectations of $138.61 million. Landec had a return on equity of 4.85% and a net margin of 4.51%. The business’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.09 EPS. sell-side analysts forecast that Landec will post 0.44 earnings per share for the current fiscal year.

Several brokerages recently issued reports on LNDC. ValuEngine upgraded Landec from a “hold” rating to a “buy” rating in a research report on Thursday, July 5th. BidaskClub lowered Landec from a “buy” rating to a “hold” rating in a research report on Wednesday, July 4th. Maxim Group reiterated a “buy” rating and issued a $18.00 price objective on shares of Landec in a research report on Wednesday, August 1st. Zacks Investment Research upgraded Landec from a “sell” rating to a “hold” rating in a research report on Thursday, May 31st. Finally, TheStreet upgraded Landec from a “c+” rating to a “b” rating in a research report on Tuesday, May 29th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $15.33.

Landec Company Profile

Landec Corporation, together with its subsidiaries, designs, develops, manufactures, and sells differentiated health and wellness products for food and biomaterials markets. It operates through three segments: Packaged Fresh Vegetables, Food Export, and Biomaterials. The Packaged Fresh Vegetables segment markets and packs specialty packaged whole and fresh-cut fruits and vegetables utilizing the BreatheWay specialty packaging technology for the retail grocery, club store, and food service industries under the Eat Smart and GreenLine brands, as well as private label brands; and sells BreatheWay packaging technology to partners for fruit and vegetable products.

Further Reading: Understanding Price to Earnings Ratio (PE)

Insider Buying and Selling by Quarter for Landec (NASDAQ:LNDC)

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