LOCAL BOUNTI CORP (LOCL) Stock Price, Forecast & Analysis
USA • New York Stock Exchange • NYSE:LOCL • US53960E2054
LOCL Key Statistics, Chart & Performance
The current stock price of LOCL is 2.0047 USD. In the past month the price decreased by -10.5%. In the past year, price decreased by -12.25%.
LOCL Technical Analysis
LOCL Fundamental Analysis
ChartMill assigns a fundamental rating of 2 / 10 to LOCL. Both the profitability and financial health of LOCL have multiple concerns.
LOCL Financial Highlights
Over the last trailing twelve months LOCL reported a non-GAAP Earnings per Share(EPS) of -11.17. The EPS increased by 37.85% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -29.29% | ||
| ROE | N/A | ||
| Debt/Equity | N/A |
LOCL Forecast & Estimates
7 analysts have analysed LOCL and the average price target is 6.12 USD. This implies a price increase of 205.28% is expected in the next year compared to the current price of 2.0047.
For the next year, analysts expect an EPS growth of 65% and a revenue growth 31.28% for LOCL
LOCL Ownership
LOCL Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| ADM | ARCHER-DANIELS-MIDLAND CO | 15.53 | 31.876B | ||
| BG | BUNGE GLOBAL SA | 12.94 | 22.403B | ||
| INGR | INGREDION INC | 10.23 | 7.631B | ||
| DAR | DARLING INGREDIENTS INC | 19.2 | 7.625B | ||
| CHSCP | CHS INC - CHSINC 8 PERP | N/A | 347.486M | ||
| CHSCO | CHS INC - CHSINC 7 7/8 PERP | N/A | 323.192M | ||
| CHSCL | CHS INC - CHSINC 7 1/2 PERP | N/A | 316.198M | ||
| ALCO | ALICO INC | 54.92 | 313.6M | ||
| CHSCN | CHS INC - CHSINC 7.1 PERP | N/A | 312.762M | ||
| CHSCM | CHS INC - CHSINC 6 3/4 PERP | N/A | 308.468M |
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About LOCL
Company Profile
Local Bounti Corp. operates as an advanced indoor growing facility. The company is headquartered in Hamilton Montana, Montana and currently employs 333 full-time employees. The company went IPO on 2021-04-19. The Company’s Stack & Flow Technology significantly improves crop turns, increases output and improves unit economics. The company operates advanced indoor growing facilities across the United States, servicing approximately 13,000 retail doors. Its growing methods use 90% less land and 90% less water than conventional farming methods and grow food utilizing a hybrid approach that integrates the attributes of controlled environment agriculture with natural elements. Its primary products include living butter lettuce as well as packaged leafy greens and cress. The company has introduced Grab & Go Salads and additions to its baby leaf portfolio with several offerings, including Spinach, Arugula, and Basil. The company distributes products primarily through direct relationships with blue-chip retail customers.
Company Info
LOCAL BOUNTI CORP
400 W. Main St.
Hamilton Montana MONTANA US
Employees: 333
Phone: 18006404016
LOCAL BOUNTI CORP / LOCL FAQ
Can you describe the business of LOCAL BOUNTI CORP?
Local Bounti Corp. operates as an advanced indoor growing facility. The company is headquartered in Hamilton Montana, Montana and currently employs 333 full-time employees. The company went IPO on 2021-04-19. The Company’s Stack & Flow Technology significantly improves crop turns, increases output and improves unit economics. The company operates advanced indoor growing facilities across the United States, servicing approximately 13,000 retail doors. Its growing methods use 90% less land and 90% less water than conventional farming methods and grow food utilizing a hybrid approach that integrates the attributes of controlled environment agriculture with natural elements. Its primary products include living butter lettuce as well as packaged leafy greens and cress. The company has introduced Grab & Go Salads and additions to its baby leaf portfolio with several offerings, including Spinach, Arugula, and Basil. The company distributes products primarily through direct relationships with blue-chip retail customers.
What is the stock price of LOCAL BOUNTI CORP today?
The current stock price of LOCL is 2.0047 USD. The price increased by 2.28% in the last trading session.
What is the dividend status of LOCAL BOUNTI CORP?
LOCL does not pay a dividend.
What is the ChartMill rating of LOCAL BOUNTI CORP stock?
LOCL has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 2 out of 10.
What is the expected growth for LOCL stock?
The Revenue of LOCAL BOUNTI CORP (LOCL) is expected to grow by 31.28% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.
Can you provide the number of employees for LOCAL BOUNTI CORP?
LOCAL BOUNTI CORP (LOCL) currently has 333 employees.