Alico (NASDAQ:ALCO) last issued its quarterly earnings data on Monday, December 11th. The company reported ($0.89) EPS for the quarter. Alico had a positive return on equity of 0.75% and a negative net margin of 7.28%.
Shares of Alico (NASDAQ ALCO) opened at $27.05 on Monday. The company has a market capitalization of $223.01, a P/E ratio of -23.32 and a beta of 1.34. Alico has a 52 week low of $25.50 and a 52 week high of $34.80. The company has a quick ratio of 1.89, a current ratio of 4.16 and a debt-to-equity ratio of 1.09.
Several analysts have recently commented on ALCO shares. TheStreet downgraded Alico from a “c” rating to a “d+” rating in a research note on Tuesday, December 12th. BidaskClub downgraded Alico from a “buy” rating to a “hold” rating in a research note on Wednesday, December 20th.
A hedge fund recently raised its stake in Alico stock. State Street Corp increased its holdings in Alico, Inc. (NASDAQ:ALCO) by 4.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,051 shares of the company’s stock after acquiring an additional 2,051 shares during the period. State Street Corp owned about 0.64% of Alico worth $1,661,000 at the end of the most recent quarter. Institutional investors and hedge funds own 74.57% of the company’s stock.
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Alico Company Profile
Alico, Inc is an agribusiness and natural resources management company. The Company’s segments include Orange Co, Conservation and Environmental Resources and, Other Operations. Its principal lines of business are citrus groves, cattle ranching and conservation. The Orange Co segment includes activities related to planting, owning, cultivating and/or managing citrus groves in order to produce fruit for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which include contracting for the harvesting, marketing and hauling of citrus.
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