Analysts See $0.09 EPS for Landec Corporation (LNDC)

March 18, 2018 - By Richard Conner

 Analysts See $0.09 EPS for Landec Corporation (LNDC)
Investors sentiment decreased to 1.08 in Q3 2017. Its down 0.31, from 1.39 in 2017Q2. It dived, as 9 investors sold Landec Corporation shares while 29 reduced holdings. 16 funds opened positions while 25 raised stakes. 25.56 million shares or 1.82% more from 25.10 million shares in 2017Q2 were reported.
10,604 are owned by Prudential Financial Incorporated. Rhumbline Advisers, a Massachusetts-based fund reported 31,622 shares. Northern Tru owns 355,065 shares for 0% of their portfolio. Palouse Capital Management reported 17,660 shares. North Star Investment Corp holds 0.32% or 198,175 shares in its portfolio. D E Shaw And Incorporated invested 0% in Landec Corporation (NASDAQ:LNDC). Intll Group invested in 18,015 shares. California-based California State Teachers Retirement Systems has invested 0% in Landec Corporation (NASDAQ:LNDC). Bridgeway Cap owns 25,900 shares or 0% of their US portfolio. Neuberger Berman invested in 40,725 shares or 0% of the stock. Nationwide Fund Advisors invested in 19,025 shares or 0% of the stock. Connecticut-based Thomson Horstmann Bryant Inc has invested 1.3% in Landec Corporation (NASDAQ:LNDC). Cutter & Brokerage holds 0.16% or 31,900 shares in its portfolio. Franklin Resources reported 0.02% stake. Fuller And Thaler Asset Management Incorporated owns 242,050 shares or 0.04% of their US portfolio.

Since October 23, 2017, it had 0 buys, and 1 insider sale for $96,659 activity.

Analysts expect Landec Corporation (NASDAQ:LNDC) to report $0.09 EPS on April, 3.They anticipate $0.04 EPS change or 30.77 % from last quarter’s $0.13 EPS. LNDC’s profit would be $2.48M giving it 36.94 P/E if the $0.09 EPS is correct. After having $0.02 EPS previously, Landec Corporation’s analysts see 350.00 % EPS growth. The stock decreased 0.37% or $0.05 during the last trading session, reaching $13.3. About 144,385 shares traded or 139.43% up from the average. Landec Corporation (NASDAQ:LNDC) has risen 17.05% since March 18, 2017 and is uptrending. It has outperformed by 0.35% the S&P500.

Landec Corporation (NASDAQ:LNDC) Ratings Coverage

Among 4 analysts covering Landec (NASDAQ:LNDC), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Landec had 7 analyst reports since November 18, 2015 according to SRatingsIntel. The stock has “Buy” rating by Sidoti on Monday, January 25. The stock has “Buy” rating by Maxim Group on Tuesday, July 18. Maxim Group initiated it with “Buy” rating and $16 target in Tuesday, June 7 report. The rating was maintained by Wedbush with “Hold” on Wednesday, July 26. Maxim Group maintained the stock with “Buy” rating in Wednesday, July 26 report. Wunderlich initiated the shares of LNDC in report on Wednesday, November 18 with “Buy” rating. Wedbush initiated the stock with “Neutral” rating in Friday, July 8 report.

Landec Corporation, together with its subsidiaries, designs, develops, makes, and sells differentiated health and wellness products for food and biomaterials markets. The company has market cap of $366.20 million. It operates through three divisions: Packaged Fresh Vegetables, Food Export, and Biomaterials. It has a 44.33 P/E ratio. 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.

More important recent Landec Corporation (NASDAQ:LNDC) news were published by: which released: “Landec Corporation Sets Third Quarter Fiscal Year 2018 Conference Call for …” on March 13, 2018, also published article titled: “Landec Corporation Announces Discontinuation of Food Export Business …”, published: “Landec Corporation to Present at the 30th Annual ROTH Conference” on March 06, 2018. More interesting news about Landec Corporation (NASDAQ:LNDC) was released by: and their article: “Landec Corporation Provides Update on Impact from Extreme Weather Events” with publication date: September 19, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.