Landec Corp. (LNDC) Set to Announce Earnings on Thursday
Landec Corp. (NASDAQ:LNDC) is scheduled to be releasing its Q2 earnings data after the market closes on Thursday, January 2nd.
Shares of Landec Corp. (NASDAQ:LNDC) opened at 12.12 on Wednesday. Landec Corp. has a 52 week low of $9.76 and a 52 week high of $15.96. The stock has a 50-day moving average of $12.01 and a 200-day moving average of $13.01. The company has a market cap of $321.0 million and a P/E ratio of 14.53.
A number of analysts have recently weighed in on LNDC shares. Analysts at Feltl & Co. cut their price target on shares of Landec Corp. from $16.00 to $13.50 in a research note to investors on Friday, November 22nd. They now have a “buy” rating on the stock. On the ratings front, analysts at Zacks downgraded shares of Landec Corp. from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, October 16th. They now have a $11.50 price target on the stock. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. Landec Corp. presently has a consensus rating of “Buy” and a consensus price target of $15.20.
Landec Corporation (NASDAQ:LNDC) designs, develops, manufactures and sells polymer products for food and agricultural products, medical devices and licensed partner applications that incorporate Landec’s polymer technologies.
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