LANDEC CORP (LNDC) Forecast, Price Target & Analyst Ratings

NASDAQ:LNDCUS5147661046

Current stock price

8.76 USD
-0.32 (-3.52%)
At close:
8.76 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for LANDEC CORP (LNDC).

Forecast Snapshot

Consensus Price Target

Price Target
$14.03
+ 60.10% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Jan 3, 2023
Period
Q2 / 2023
EPS Estimate
$0.04
Revenue Estimate
58.265M

ChartMill Buy Consensus

Rating
86.00%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$14.03
Upside
+ 60.10%
From current price of $8.76 to mean target of $14.03, Based on 10 analyst forecasts
Low
$12.12
Median
$13.77
High
$16.80

Price Target Revisions

1 Month
N/A
3 Months
N/A

Price Target Summary

10 Wall Street analysts provided a forecast for the next 12 months for LNDC. The average price target is 14.03 USD. This implies a price increase of 60.1% is expected in the next year compared to the current price of 8.76.

Analyst Ratings & History

Current Analyst Ratings

LNDC Current Analyst RatingLNDC Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

LNDC Historical Analyst RatingsLNDC Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
86.00%
LNDC was analyzed by 10 analysts. The buy percentage consensus is at 86. So analysts seem to be very confident about LNDC.
In the previous month the buy percentage consensus was at a similar level.
LNDC was analyzed by 10 analysts. More opinions would make the average more meaningful.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-10-07Barrington ResearchMaintains Outperform
2022-08-11Barrington ResearchUpgrade Market Perform -> Outperform
2022-07-20Stephens & Co.Initiate Overweight
2021-10-04Roth CapitalMaintains Buy
2021-07-30Roth CapitalMaintains Buy
2021-06-02Barrington ResearchUpgrade Market Perform -> Outperform
2021-04-09Roth CapitalMaintains Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jan 3, 2023
Period
Q2 / 2023
EPS Estimate
$0.04
Revenue Estimate
58.265M
Revenue Q2Q
-31.52%
EPS Q2Q
-18.40%
Number of Analysts
5

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

LNDC is expected to report earnings on 1/3/2023. The consensus EPS estimate for the next earnings is 0.04 USD and the consensus revenue estimate is 58.27M USD.

Full Analyst Estimates 2023 - 2027

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025 2026 2027
Revenue
YoY % growth
LNDC revenue by date.LNDC revenue by date.
590.4M
5.88%
171.546M
-70.94%
185.786M
8.30%
205.37M
10.54%
183.55M
-10.62%
157.73M
-14.07%
135.55M
-14.06%
118.817M
-12.34%
EBITDA
YoY % growth
LNDC ebitda by date.LNDC ebitda by date.
11.84M
-54.51%
25.255M
113.30%
14.286M
-43.43%
23.671M
65.69%
29.603M
25.06%
35.863M
21.15%
41.252M
15.03%
44.826M
8.66%
EBIT
YoY % growth
LNDC ebit by date.LNDC ebit by date.
-7M
-164.81%
5.388M
176.97%
-3.598M
-166.78%
5.294M
247.14%
21.427M
304.74%
24.133M
12.63%
51.816M
114.71%
82.646M
59.50%
Operating Margin
LNDC operating margin by date.LNDC operating margin by date.
-1.19%3.14%-1.94%2.58%11.67%15.30%38.23%69.56%
EPS
YoY % growth
LNDC eps by date.LNDC eps by date.
-0.23
-675.00%
-0.11
52.17%
-0.27
-145.45%
-0.29
-7.67%
0.23
180.70%
0.28
17.39%
0.27
-2.90%
0.26
-0.95%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 23 Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24
EPS
Q2Q % growth
0.04
-18.40%
-0.12
-53.00%
0.06
712.00%
0.15
147.81%
0.13
225.00%
Revenue
Q2Q % growth
58.265M
-31.52%
37.73M
-28.91%
40.656M
-14.64%
51.209M
18.12%
53.954M
-7.40%
EBITDA
Q2Q % growth
11.086M
-25.59%
-219.81K
-101.32%
5.044M
-38.73%
12.041M
673.11%
12.739M
14.91%
EBIT
Q2Q % growth
6.569M
66.77%
-587.52K
-127.79%
5.491M
156.90%
8.473M
219.17%
8.052M
22.58%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

LNDC Yearly Revenue VS EstimatesLNDC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
LNDC Yearly EPS VS EstimatesLNDC Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.2 -0.2 0.4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
44.54%
EPS Next 5 Year
24.42%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
-5.59%
Revenue Next 5 Year
-8.71%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
74.15%
EBIT Next 5 Year
43.58%

LANDEC CORP / LNDC Forecast FAQ

What is the price target for LNDC stock?

10 analysts have analysed LNDC and the average price target is 14.03 USD. This implies a price increase of 60.1% is expected in the next year compared to the current price of 8.76.

When does LANDEC CORP (LNDC) report earnings?

LANDEC CORP (LNDC) will report earnings on 2023-01-03.

Can you provide the consensus estimates for LANDEC CORP next earnings?

The consensus EPS estimate for the next earnings of LANDEC CORP (LNDC) is 0.04 USD and the consensus revenue estimate is 58.27M USD.

What is the expected long term growth rate for LANDEC CORP (LNDC)?

The expected long term growth rate for LANDEC CORP (LNDC) is -5.59%.