LOCAL BOUNTI CORP (LOCL) Stock Overview
USA - NYSE:LOCL - US53960E2054 - Common Stock
LOCL Key Statistics, Chart & Performance
The current stock price of LOCL is 2.71 USD. In the past month the price decreased by -8.14%. In the past year, price increased by 9.45%.
LOCL Latest News, Press Relases and Analysis
LOCL Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| ADM | ARCHER-DANIELS-MIDLAND CO | 15.68 | 29.08B | ||
| BG | BUNGE GLOBAL SA | 12.75 | 19.23B | ||
| INGR | INGREDION INC | 10.04 | 7.43B | ||
| DAR | DARLING INGREDIENTS INC | 48.51 | 5.29B | ||
| FDP | FRESH DEL MONTE PRODUCE INC | 11.87 | 1.65B | ||
| CRESY | CRESUD S.A.-SPONS ADR | N/A | 761.48M | ||
| LND | BRASILAGRO-CIA BRA - SPN ADR | 14.23 | 368.58M | ||
| CHSCP | CHS INC - CHSINC 8 PERP | N/A | 353.38M | ||
| VFF | VILLAGE FARMS INTERNATIONAL | 30.8 | 346.93M | ||
| CHSCO | CHS INC - CHSINC 7 7/8 PERP | N/A | 327.73M | ||
| CHSCL | CHS INC - CHSINC 7 1/2 PERP | N/A | 313.87M | ||
| CHSCN | CHS INC - CHSINC 7.1 PERP | N/A | 310.43M |
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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.
Can you provide the latest stock price for LOCAL BOUNTI CORP?
The current stock price of LOCL is 2.71 USD. The price decreased by -7.72% in the last trading session.
What is the dividend status of LOCAL BOUNTI CORP?
LOCL does not pay a dividend.
How is the ChartMill rating for LOCAL BOUNTI CORP?
LOCL has a ChartMill Technical rating of 6 out of 10 and a ChartMill Fundamental rating of 2 out of 10.
What is the GICS sector and industry of LOCL stock?
LOCAL BOUNTI CORP (LOCL) operates in the Consumer Staples sector and the Food Products industry.
How is the valuation of LOCAL BOUNTI CORP (LOCL) based on its PE ratio?
LOCAL BOUNTI CORP (LOCL) does not have a PE ratio as the earnings reported over the last twelve months were negative (-14.14).
What is the market capitalization of LOCL stock?
LOCAL BOUNTI CORP (LOCL) has a market capitalization of 59.95M USD. This makes LOCL a Micro Cap stock.
LOCL Technical Analysis
ChartMill assigns a technical rating of 6 / 10 to LOCL. When comparing the yearly performance of all stocks, LOCL turns out to be only a medium performer in the overall market: it outperformed 50.98% of all stocks.
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 -14.14. The EPS increased by 16.88% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -30.52% | ||
| ROE | N/A | ||
| Debt/Equity | N/A |
LOCL Forecast & Estimates
8 analysts have analysed LOCL and the average price target is 5.61 USD. This implies a price increase of 107.01% is expected in the next year compared to the current price of 2.71.
For the next year, analysts expect an EPS growth of 54.68% and a revenue growth 36.41% for LOCL