Lifeway Foods, Inc. (NASDAQ:LWAY) has been assigned an average broker rating score of 2.00 (Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a buy rating.

Analysts have set a twelve-month consensus target price of $11.00 for the company, according to Zacks. Zacks has also assigned Lifeway Foods an industry rank of 111 out of 265 based on the ratings given to its competitors.

Several research analysts have weighed in on the stock. Zacks Investment Research raised shares of Lifeway Foods from a “sell” rating to a “hold” rating in a research note on Wednesday, January 3rd. ValuEngine lowered shares of Lifeway Foods from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st.

In other Lifeway Foods news, Director Ludmila Smolyansky sold 15,209 shares of the stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $8.27, for a total transaction of $125,778.43. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last ninety days, insiders have sold 19,530 shares of company stock valued at $161,435. 49.83% of the stock is currently owned by insiders.

A number of hedge funds have recently made changes to their positions in LWAY. Algert Global LLC purchased a new position in shares of Lifeway Foods in the third quarter valued at approximately $481,000. Dimensional Fund Advisors LP boosted its stake in shares of Lifeway Foods by 5.2% in the third quarter. Dimensional Fund Advisors LP now owns 364,548 shares of the company’s stock valued at $3,244,000 after purchasing an additional 18,000 shares during the period. State Street Corp boosted its stake in shares of Lifeway Foods by 5.1% in the second quarter. State Street Corp now owns 86,730 shares of the company’s stock valued at $811,000 after purchasing an additional 4,203 shares during the period. FMR LLC boosted its stake in shares of Lifeway Foods by 0.9% in the second quarter. FMR LLC now owns 279,939 shares of the company’s stock valued at $2,615,000 after purchasing an additional 2,513 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of Lifeway Foods by 1.3% in the second quarter. Vanguard Group Inc. now owns 231,997 shares of the company’s stock valued at $2,166,000 after purchasing an additional 3,052 shares during the period. 16.47% of the stock is owned by institutional investors.

Shares of Lifeway Foods (NASDAQ LWAY) traded down $0.10 during mid-day trading on Monday, reaching $7.99. 41,900 shares of the company’s stock traded hands, compared to its average volume of 31,533. The company has a current ratio of 2.06, a quick ratio of 1.46 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $128.03, a price-to-earnings ratio of 66.59 and a beta of 0.67. Lifeway Foods has a one year low of $7.20 and a one year high of $12.09.

Lifeway Foods (NASDAQ:LWAY) last announced its earnings results on Tuesday, November 14th. The company reported $0.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.02). Lifeway Foods had a return on equity of 3.90% and a net margin of 1.55%. sell-side analysts anticipate that Lifeway Foods will post 0.08 EPS for the current fiscal year.

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Lifeway Foods Company Profile

Lifeway Foods, Inc (Lifeway) is engaged in the manufacturing of probiotic, cultured, functional dairy health food products. The Company is engaged in the sale of fermented dairy products, which are produced and are sold to consumers through a network of distributors and retailers in the United States.

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